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Off-planKeys Dec 2028

The Element at Sobha One

New homes in Ras Al Khor, by Sobha Realty

New homes in The Element at Sobha One start at AED 1,820,000; keys are due Dec 2028; you pay 10% to book, 50% while it is built and 40% at the keys.

Keys: Dec 2028; The developer's handover date
Payment plan: 10 / 50 / 40; 10% to book, 50% while it is built, 40% at the keys
Bedrooms: 1 to 4 beds
Sizes: 729 to 2,445 sq ft
Property types: Apartment
Registration fee: 4% of the price; Paid to the Dubai Land Department

Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.

From price per sq ft: AED 2,497 per sq ft; At the smallest size listed
RERA project: 3540; Check it in Dubai REST, the Dubai Land Department's official app.
Built: 0%; Not started. DLD register, Jun 12, 2026
Completion on the register: Dec 2029; DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account: بنك أبوظبي الأول ش.م.ع.; The bank that holds your payments
Registered homes: 401; In 1 buildings

Paying for it

You pay 10% when you book, 50% as the building goes up, and 40% when you get the keys.

Show the amounts for a price of

When	Stage	Share	Amount
Now	Booking	10%	AED 182,000
Feb 2027	While it is built	6.3%	AED 113,750
May 2027	While it is built	6.3%	AED 113,750
Jul 2027	While it is built	6.3%	AED 113,750
Oct 2027	While it is built	6.3%	AED 113,750
Jan 2028	While it is built	6.3%	AED 113,750
Apr 2028	While it is built	6.3%	AED 113,750
Jun 2028	While it is built	6.3%	AED 113,750
Sep 2028	While it is built	6.3%	AED 113,750
Dec 2028	Keys	40%	AED 728,000

Pick a month to see what you'll have paid by thenBy Jan 2028 you will have paid AED 750,750, 41.3% of the price.Still to pay: AED 1,069,250.

Booking payment, 10%: AED 182,000
Dubai Land Department fee (Oqood), 4%: AED 72,800
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.: AED 254,800

The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.

Before you buy

Pay into the project's escrow account only.: This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.: The Dubai Land Department project register lists 15 finished projects by this developer since 2018. 14 of the 15 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Budget for the service charge.: Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Sobha Realty for the estimate.
Register the sale with Oqood.: The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.

Is the price fair?

Dubai Land Department recorded 45 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in The Element at Sobha One, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.

Fewer than 30 similar homes in The Element at Sobha One sold in 12 months, so we looked at 24 months.

Median price AED 2,520 per sq ft

AED 2,515 per sq ftAED 2,525 per sq ft

This project AED 2,497 per sq ft, below every sale

Half of the sales sold for AED 2,520 to AED 2,525 per sq ft

The median is the middle sale: half sold for less, half for more.

Show as table

Price per sq ft	Sales
AED 2,515 to AED 2,516 per sq ft	6
AED 2,516 to AED 2,518 per sq ft	0
AED 2,518 to AED 2,519 per sq ft	0
AED 2,519 to AED 2,520 per sq ft	18
AED 2,520 to AED 2,521 per sq ft	9
AED 2,521 to AED 2,523 per sq ft	0
AED 2,523 to AED 2,524 per sq ft	0
AED 2,524 to AED 2,525 per sq ft	12

The 3 closest sales

Picked from the 45 similar sales above, closest in size to this project's smallest home.

May 2026AED 1,854,662AED 2,515 per sq ftThe Element at Sobha One, 737 sq ft
Dec 2025AED 1,858,349AED 2,520 per sq ftThe Element at Sobha One, 737 sq ft
Nov 2025AED 1,854,662AED 2,515 per sq ftThe Element at Sobha One, 737 sq ft

Sale prices from Dubai Land Department, Oct 20, 2024 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.

What similar homes sold for

The median price of off-plan homes with the same number of bedrooms that sold in Ras Al Khor Industrial First in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.

Type	Off-plan median	Sales	Against similar sales
1-bed apartmentFrom AED 1,820,000 here	Off-plan medianAED 1,801,000AED 2,340 per sq ft	Sales303	Price far from 45 similar sales
2-bed apartment	Off-plan medianAED 3,023,000AED 2,320 per sq ft	Sales204
3-bed apartment	Off-plan medianAED 5,090,000AED 2,600 per sq ft	Sales46
4-bed apartment	Off-plan medianToo few sales for a median	Sales16

Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

On your doorstep

Creek Metro Station3.9 km, 16 min driveMetro station
Dubai Creek Harbour2.4 km, 12 min driveWaterfront
Swiss International Scientific School in Dubai2.8 km, 5 min driveSchool
Hartland International School3.5 km, 17 min driveBritish school
Universal American School5 km, 17 min driveAmerican school
New Indian Model School6 km, 17 min driveIndian school
Sobha Mall (Under Construction)3.6 km, 7 min driveMall
Barraquer Eye Hospital3.3 km, 7 min driveHospital
Downtown Dubai6.2 km, 18 min driveOffices

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About The Element at Sobha One

Sobha Realty is selling one- to four-bedroom apartments at The Element at Sobha One in Ras Al Khor from AED 1,820,000, with a listed handover of December 2028. The listing does not state the ownership type, so confirm the ownership terms with the developer before you book.

Sobha Realty is building The Element at Sobha One as a tower in Ras Al Khor. The listing does not say whether it is freehold, so confirm the ownership terms with the developer before you pay a deposit. The price check for this project isn't reliable enough to quote. The listed handover is December 2028, about two years and one month away.

The plan is 10% on booking, 50% during construction and 40% at handover. At the from price that is AED 182,000 on booking, AED 910,000 during construction and AED 728,000 at handover. The 4% Land Department fee adds AED 72,800 at the from price. The listing gives no dates for the construction payments, so ask for the schedule.

Homes have one to four bedrooms. The developer gives 729 sq ft for one bedroom, 1,184 sq ft for two, 1,854 sq ft for three and 2,445 sq ft for four. The developer says the homes look out over the Dubai skyline, Dubai Creek, the Ras Al Khor mangroves and a golf course; ask which view your unit gets. Residents share a gym, a pool, a children's pool and play area, and covered parking, with security around the clock.

A medical centre is about 900 m away and Swiss International Scientific School in Dubai about 2.8 km, around 5 minutes by car. Dubai Creek Harbour is about 2.4 km away and Dubai Creek Golf and Yacht Club about 12 minutes by car. Creek Metro Station is about 3.9 km away, around 16 minutes by car, and Downtown Dubai about 18 minutes.

The developer

Sobha Realty

See every project by Sobha Realty

Other projects by Sobha Realty

Floor plans

The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.

1 BR
2 BR
3 BR
4 BR

How prices moved

Median price of 1-bed apartments in Ras Al Khor Industrial First, over the 12 months to each dateUp 3% from Dec 2024 to Sep 2026.

Dec 2024AED 2,275 per sq ft

Sep 2026AED 2,340 per sq ft

Show as table

12 months to	Median price	Sales
Sep 2026	AED 2,340 per sq ft	303 sales
Jun 2026	AED 2,315 per sq ft	347 sales
Mar 2026	AED 2,300 per sq ft	434 sales
Dec 2025	AED 2,300 per sq ft	437 sales
Sep 2025	AED 2,290 per sq ft	418 sales
Jun 2025	AED 2,250 per sq ft	481 sales
Mar 2025	AED 2,275 per sq ft	1,238 sales
Dec 2024	AED 2,275 per sq ft	1,239 sales

Off-plan sales registered with the Dubai Land Department.

Questions about this project

Can foreigners buy here?

The listing does not state the ownership type, so confirm the ownership terms with the developer before you book.

What does each stage cost?

At the from price: AED 182,000 on booking, AED 910,000 during construction and AED 728,000 at handover. Separately, the 4% Land Department fee comes to AED 72,800; ask when it is due.

What size is each apartment type?

729 sq ft for one bedroom, 1,184 sq ft for two, 1,854 sq ft for three and 2,445 sq ft for four, by the developer's figures.

When is handover?

The listed handover is December 2028, about two years and one month from now.

Is there a metro station nearby?

The nearest is Creek Metro Station, about 3.9 km away around 16 minutes by car.

What can residents use in the building?

A gym, a pool, a children's pool and play area, and covered parking, with security around the clock.

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Dubai Land Department register