You can see the ridges of the DMS (direct moulded sole).
Huh, when I look at it, it looks like these are Goodyear welted leather soles. I agree, though, that if these are rubber-soled, they're overpriced. And if they are rubber-soled, I would also question whether it's actually patent leather or that cheap stuff that cracks after a couple of uses.

Like I said, more details on the construction and quality are really needed.