1BR Apartment in Terra Gardens by Emaar, Expo City, Below Original Price with Expo City Views

Property Overview

A 1-bedroom apartment in Terra Gardens by Emaar Properties, Expo City Dubai, offered at AED 1,497,888 against an original purchase price of AED 1,597,888. The asking sits AED 100,000 (6.3%) below the OP. The unit has 760 sqft of built-up area at AED 1,971 per sqft with Expo city views. Handover is scheduled for October 2029.

Property Highlights

• Type: 1-bedroom apartment
• Built-up area: 760 sqft
• Asking price: AED 1,497,888
• Original price: AED 1,597,888
• Saving: AED 100,000 (6.3%)
• Rate: AED 1,971 per sqft
• Views: Expo City
• Handover: October 2029
• Developer: Emaar Properties
• Tenure: freehold

Why the Price Qualifies as Below OP

The agent states the original purchase price at AED 1,597,888. At an asking price of AED 1,497,888, the unit sits AED 100,000 (6.3%) below the OP. Including the 4% DLD transfer fee of AED 63,916 paid at original registration, the seller's total loss is AED 163,916.

The developer's published starting price for 1-bedroom units in Terra Gardens was AED 1,600,000. The agent's stated OP of AED 1,597,888 is consistent with a launch purchase of a 760 sqft unit near the base price.

DLD Transaction Context

DLD records on Property Finder show 185 total sales registered for Terra Gardens. The following 1-bedroom transactions are the most relevant:

• July 27, 2026: AED 1,728,888 for 766 sqft (AED 2,257 per sqft)
• July 7, 2026: AED 1,564,888 for 742 sqft (AED 2,109 per sqft)
• May 5, 2026: AED 1,633,888 for 766 sqft (AED 2,133 per sqft)
• May 5, 2026: AED 1,627,888 for 761 sqft (AED 2,139 per sqft)
• May 5, 2026: AED 1,603,888 for 753 sqft (AED 2,129 per sqft)
• May 5, 2026: AED 1,593,888 for 746 sqft (AED 2,137 per sqft)
• May 5, 2026: AED 1,583,888 for 742 sqft (AED 2,134 per sqft)

These registrations are all off-plan and likely represent primary developer-to-buyer sales given the project started construction in October 2025. The asking of AED 1,497,888 (AED 1,971 per sqft) is below every recorded 1-bedroom transaction, including the smallest 742 sqft units at AED 1,564,888. This confirms the discount extends beyond the seller's own OP.

The July 2026 transaction at AED 1,728,888 for 766 sqft shows that recent primary registrations for similar-sized units are priced AED 231,000 above the current asking, suggesting Emaar has been raising prices for new sales.

About Terra Gardens and Expo City

Terra Gardens is a residential development by Emaar Properties within Expo City Dubai. The project offers 1-bedroom apartments (741 to 866 sqft), 2-bedroom apartments (1,111 to 1,224 sqft), 3-bedroom apartments (1,096 to 1,675 sqft) and 3-bedroom townhouses (2,580 to 2,702 sqft). Construction began in October 2025 with handover scheduled for October 2029.

Amenities include swimming pools, a gymnasium with wellness studio, yoga and meditation areas, landscaped gardens, a rooftop padel court, outdoor cinema, jogging and cycling tracks, children's play areas, community halls, retail outlets, covered parking and 24/7 security with CCTV.

Expo City Dubai is the legacy district built on the site of Expo 2020, located in southern Dubai near Al Maktoum International Airport. The district is being developed into a mixed-use community retaining key Expo 2020 structures alongside new residential, commercial, educational and cultural facilities. Emaar's Terra series, including Terra Gardens, Terra Woods and Terra Heights, forms the residential core of the district. The area benefits from metro connectivity and proximity to planned infrastructure developments.

Payment and Timeline Considerations

The developer's payment plan is 10% down payment, 70% during construction and 20% on handover. With handover in October 2029, approximately three years remain in the construction phase. The agent has not specified the amount paid by the current owner.

Given the OP of AED 1,597,888 and the 10/70/20 structure, the seller may have paid between 10% (AED 159,789) and up to 30 to 40% depending on the construction milestone schedule. Buyers should verify the exact paid amount and remaining instalment obligations with the seller and Emaar's escrow account.

Verification Notes

• The original purchase price of AED 1,597,888 is the agent's stated figure. This is consistent with the developer's published starting price of AED 1,600,000 for 1-bedroom units.
• The asking of AED 1,497,888 is below all 1-bedroom DLD transactions recorded on Property Finder for Terra Gardens, confirming the unit is priced below both the seller's OP and recent primary sales.
• All DLD transactions appear to be off-plan primary registrations, not resales of completed units. The building is under construction with handover in October 2029.
• The agent does not specify the building number (Building 1 or 2), floor, unit number, bathrooms, parking or furnishing. These have been omitted.
• The 6.3% discount is modest. The total seller loss including the DLD fee is AED 163,916.