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
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
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
11%
Being built. DLD register, Nov 11, 2026
Completion on the register
Dec 2029
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك ابوظبي الأول ش.م.ع
The bank that holds your payments
Registered homes
401
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 50% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 182,000+ AED 72,800 DLD fee
AED 254,800
Feb 2027While it is built · 6.3%
While it is built
6.3%
AED 113,750
AED 368,550
May 2027While it is built · 6.3%
While it is built
6.3%
AED 113,750
AED 482,300
Jul 2027While it is built · 6.3%
While it is built
6.3%
AED 113,750
AED 596,050
Oct 2027While it is built · 6.3%
While it is built
6.3%
AED 113,750
AED 709,800
Jan 2028While it is built · 6.3%
While it is built
6.3%
AED 113,750
AED 823,550
Apr 2028While it is built · 6.3%
While it is built
6.3%
AED 113,750
AED 937,300
Jun 2028While it is built · 6.3%
While it is built
6.3%
AED 113,750
AED 1,051,050
Sep 2028While it is built · 6.3%
While it is built
6.3%
AED 113,750
AED 1,164,800
Dec 2028Keys · 40%
Keys
40%
AED 728,000
AED 1,892,800
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
Total costPrice plus the DLD fee
AED 1,892,800
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.
A mortgage at the keys
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 17 finished projects by this developer since 2018. 15 of the 17 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. We have recorded the completion dates of their 19 projects under way since Jun 12, 2026. None has moved since then.
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 48 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in The Element at Sobha One, from Nov 10, 2024 to Nov 9, 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.
Dubai Land Department recorded 48 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in The Element at Sobha One, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,520 per sq ft
AED 2,515 to AED 2,516 per sq ft
7 sales
AED 2,516 to AED 2,518 per sq ft
0 sales
AED 2,518 to AED 2,519 per sq ft
0 sales
AED 2,519 to AED 2,520 per sq ft
19 sales
AED 2,520 to AED 2,521 per sq ft
9 sales
AED 2,521 to AED 2,523 per sq ft
0 sales
AED 2,523 to AED 2,524 per sq ft
0 sales
AED 2,524 to AED 2,525 per sq ft
13 sales
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 tableShow as chart
Price per sq ft
Sales
AED 2,515 to AED 2,516 per sq ft
7
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
19
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
13
The 3 closest sales
Picked from the 48 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
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 48 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
Sales from 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
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's plans. Sizes and layouts can change; ask the developer 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 tableShow as chart
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 only.
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.
