Property Overview
A 1-bedroom apartment in Terra Gardens Building 2 by Emaar Properties, Expo City Dubai, Dubai South. The built-up area is 760 square feet with a garden and partial pool view. The unit includes a balcony and parking. The asking price is AED 1,400,000, which is AED 261,804 below the agent-stated original purchase price of AED 1,661,804, a reduction of 15.8%. This is an off-plan resale with handover projected for Q4 2029.
Property Highlights
- Type: 1-bedroom apartment
- Built-up area: 760 sq ft
- View: garden and partial pool view
- Features: balcony, parking
- Asking price: AED 1,400,000
- Price per square foot: AED 1,842
- Original purchase price: AED 1,661,804
- Saving vs OP: AED 261,804 (15.8%)
- Saving vs OP+DLD: AED 328,276 (19.0%)
- Status: off-plan (handover Q4 2029)
Why the Price Qualifies as Below Original Price
The selling agent has stated an original purchase price of AED 1,661,804 for this unit. The current asking price of AED 1,400,000 is AED 261,804 lower, a reduction of 15.8% against the OP alone.
The agent's brief describes this as 15.8% below OP+DLD. DistressPropertyFinder.com has verified that 15.8% matches the OP-only calculation. When the standard 4% DLD transfer fee is included (approximately AED 66,472), the seller's total cost basis rises to approximately AED 1,728,276. The asking price of AED 1,400,000 is AED 328,276 or 19.0% below this all-in figure. Both calculations confirm the price is substantially below the seller's cost basis.
The original purchase price has not been independently verified against the buyer's SPA or Oqood registration. With a Q4 2029 handover still three years away, buyers should confirm the payment schedule, outstanding amounts and NOC requirements before committing.
Location Clarification
The agent's brief describes the location as Emaar Dubai South. Terra Gardens is specifically in the Expo Living district of Expo City Dubai, which sits within the broader Dubai South master development. Emaar South is a separate Emaar community in Dubai South that includes golf course villas and townhouses, and is distinct from Expo City. For taxonomy accuracy, this listing uses Expo City as the community and Dubai South as the area.
About Terra Gardens
Terra Gardens is a nature-oriented residential development by Emaar Properties (through its subsidiary DWTC Emaar) in the Expo Living district of Expo City Dubai. The project comprises two 12-storey residential towers and 8 exclusive townhouses, sharing a common basement parking level and ground floor. It contains approximately 560 residential units across 1-, 2- and 3-bedroom apartments and 3-bedroom townhouses. Construction began in 2025 with handover estimated for Q4 2029 (October 2029).
The project emphasises a nature-inspired lifestyle with sunlit gardens, lush greenery and communal areas designed for relaxation. Amenities include a main swimming pool with pool terrace, an outdoor gymnasium, a BBQ courtyard, a rooftop padel court, a jogging track, meditation and yoga gardens, a children's play area, a pet park and a communal pavilion.
Emaar's published payment plan is 80/20: 10% down payment, 70% during construction and 20% on handover. Launch prices started from AED 1,550,000. Since this is a resale, the remaining payment obligations depend on what the original buyer has already paid.
About Expo City Dubai
Expo City Dubai is the legacy district of the Expo 2020 site, transformed into a permanent mixed-use community combining residential, commercial, cultural and innovation functions. It is located within Dubai South, near Al Maktoum International Airport. Expo Living is the residential component of Expo City, designed for professionals and families working in or near the Aviation District, Logistics District, Dubai World Central Free Zone, Dubai Wholesale City and Exhibition District. The area is connected to major highways and is positioned to benefit from the expansion of Al Maktoum International Airport.
Verification Notes
The asking price, original purchase price, bedroom count, built-up area, garden and partial pool view, balcony, parking, and Q4 2029 handover are sourced from the agent brief received on 26 August 2026. The savings amount (AED 261,804) and savings percentage (15.8%) are calculated by DistressPropertyFinder.com against the OP. The secondary calculation including DLD (19.0% below OP+DLD) is also provided. The agent's stated 15.8% matches the OP-only calculation, not the OP+DLD figure. The location has been clarified from Emaar Dubai South to Expo City Dubai within the broader Dubai South district. Building structure, unit count, payment plan and amenities have been checked against Propsearch, Bayut and developer project pages. The original purchase price has not been independently verified. Buyers should confirm the payment history, outstanding amounts and NOC process before proceeding.