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The Element At Sobha One

Sobha

ActiveOff-plan

Buying in Dubai from India? Ask a ReraTracker partner.

Is it registered and live?

DLD project number
3540
Status
Active
Registered with DLD
17 Mar 2025
Units
401

How far along

11.1% built

At the DLD inspection of 11 Aug 2026.

Inspection dateRecorded %
11 Aug 202611.1%
23 Mar 20266.1%
3 Mar 20250%

Inspections are irregular. An unchanged number means no new inspection, not that work stopped.

Time vs work

Construction started
1 May 2025
Declared completion
31 Dec 2029

18 of 55 months gone (33% of the time); 11.1% built at the last inspection.

The declared date is a registry field and can be extended. It is not a handover promise. Building is usually slow at the start, so the two numbers are not a forecast.

Where your money goes

Escrow bank: First Abu Dhabi Bank P.J.S.C..

Your payments go to the project's escrow account with this bank, not to a broker or the developer's own account.

The developer's record

Sobha L.L.C, as registered with DLD

Projects registered
46
Finished
17
Active
27
Cancelled
2
Homes in finished projects
7,571
Active and past their declared date
0 of 14

Counted only for active projects whose registry record we could read (14 of 27). Large developers register projects under several companies; this counts this company only.

What units here sold for

108 registered sales in the last 12 months, median AED 3,160,292.

DateTypeSize (sq ft)PriceAED / sq ftRegistration
30 Oct 20261 B/R740AED 1,860,6222,515Off-plan
30 Oct 20261 B/R754AED 1,900,1052,520Off-plan
23 Oct 20263 B/R1,958AED 5,090,1242,600Off-plan
22 Oct 20261 B/R740AED 1,868,0202,525Off-plan
21 Oct 20263 B/R1,958AED 5,001,1662,554Off-plan
19 Oct 20262 B/R1,179AED 2,946,6252,500Off-plan
29 Sep 20262 B/R1,283AED 3,304,7042,575Off-plan
16 Sep 20263 B/R1,958AED 5,090,1242,600Off-plan
10 Sep 20263 B/R1,958AED 5,099,9132,605Off-plan
9 Sep 20263 B/R1,958AED 5,090,1242,600Off-plan

Registered prices, not asking prices.

For Indian buyers

How much can I send from India?

Under the Liberalised Remittance Scheme (LRS), resident Indians can remit up to USD 250,000 per person per financial year.

Is there tax on the remittance?

TCS applies on remittances above ₹10 lakh. Rates change, so confirm the current rate with your bank before you send.

Who do I pay?

Payment goes to the project's escrow account at First Abu Dhabi Bank P.J.S.C.. It does not go to a broker.

Who handles the sale?

A licensed Dubai brokerage handles the sale, and it is named to you before you book.