2-Bedroom Apartment in Grove Ridge, Emaar South – 25% Below OP

Property Overview

This is a 2-bedroom apartment resale in Grove Ridge by Emaar, a golf-side project in Emaar South, offered at AED 1,510,000 for a built-up area of 1,375 sq ft. The seller's stated original purchase price is AED 2,014,000, so the asking price is AED 504,000, or 25.0%, below OP.

Property Highlights

• Property type: 2-bedroom apartment
• Project: Grove Ridge by Emaar
• Community: Emaar South, Dubai South
• Built-up area: 1,375 sq ft
• Asking price: AED 1,510,000
• Original purchase price (agent-stated): AED 2,014,000
• Saving versus OP: AED 504,000 (25.0%)
• Asking rate: approx. AED 1,098 per sq ft, against approx. AED 1,465 per sq ft at OP

Why the Price Qualifies as Below OP

DPF classifies this listing as Below OP because the asking price is lower than the original purchase price in the agent's brief received on 23 October 2026. AED 2,014,000 minus AED 1,510,000 equals AED 504,000, which is 25.0% of the original price and matches the agent's stated 25%. The agent describes the sale as very urgent.

Per square foot, the asking price works out to about AED 1,098, compared with about AED 1,465 at the original price. The benchmark is the seller's own purchase price, not a DLD transaction or a market valuation, so it does not by itself prove the apartment is below current market value. Buyers should confirm the original price against the seller's SPA.

About the Project, Developer and Community

Grove Ridge is an Emaar residential project in Emaar South, the developer's master community within Dubai South. Published project information describes a mix of 1, 2 and 3-bedroom apartments and a small number of 3-bedroom townhouses, set beside the community's 18-hole championship golf course. Two-bedroom layouts are published from around 1,158 sq ft, so the 1,375 sq ft supplied for this apartment is consistent with a larger 2-bedroom layout.

Project marketing lists shared facilities including an elevated swimming pool and kids' pool, indoor and outdoor gyms, a yoga and wellness spa, a co-working space, BBQ and picnic areas, an outdoor cinema, children's play areas, landscaped gardens, walking paths and curated retail and dining. These come from published project material and may change before completion.

Layout, Floor and View

The agent supplied the bedroom count and built-up area only. Floor, view, bathroom count, parking and furnishing were not supplied, so they are not stated here.

Payment Plan and Handover

The brief does not say how much the seller has paid or what remains outstanding. Published project information points to an 80/20 construction-linked plan with 20% due on handover and completion expected around the second half of 2029, which would make this an off-plan resale. Confirm this unit's status, the amount paid and the remaining schedule using the SPA and the Emaar statement of account.

Costs to Budget For

A Dubai resale normally carries the Dubai Land Department transfer fee of 4% of the price, about AED 60,400 on AED 1,510,000, plus registration, developer NOC and agency fees. Who pays each item should be agreed in the sale contract.

Location and Connectivity

Emaar South sits in Dubai South near Al Maktoum International Airport and Expo City Dubai, with road links towards Dubai Marina and Downtown Dubai. Drive times depend on traffic and route, so buyers should check them personally.

Verification Notes

• Agent-supplied facts: project, developer, property type, bedrooms, BUA, original price, asking price and urgency (brief received 23 October 2026).
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• Location research: the brief did not name a community; Grove Ridge's location in Emaar South comes from published project information.
• External research: unit mix, size range, amenities, payment plan and expected completion, subject to change.
• Not supplied: completion status, bathrooms, parking, floor, view, furnishing, amount paid and unit-specific handover terms.