2BR High-Floor Corner Apartment in Sidr Residences Tower 2, Expo City, Below Original Cost with Waterfall and Al Wasl Dome Views

Property Overview

A 2-bedroom high-floor corner apartment in Sidr Residences Tower 2, Expo City, offered at AED 2,990,000. The agent states the asking is below the original purchase price plus the DLD transfer fee, though no specific OP figure is provided. The unit has waterfall and Al Wasl Dome views with a 30% post-handover payment plan. Handover is scheduled for December 2027.

Property Highlights

• Type: 2-bedroom apartment
• Position: high floor, corner unit
• Asking price: AED 2,990,000
• Views: waterfall and Al Wasl Dome
• Payment: PHPP 30% (10/50/10/30 structure)
• Handover: December 2027
• Developer: Expo City Dubai
• Tenure: freehold

Price Analysis

The agent describes this as below the original purchase price plus the 4% DLD transfer fee but does not supply a specific OP figure. Without the OP, the exact discount cannot be calculated. No built-up area is specified either, so a price per sqft rate cannot be confirmed. Based on the project's 2-bedroom range of 1,377 to 1,425 sqft, the implied rate would be approximately AED 2,098 to AED 2,172 per sqft.

DLD Transaction Context

DLD records on Property Finder show 5 total sales registered for Sidr Residences. The 2-bedroom transactions are:

• June 25, 2026: AED 2,860,000 for 1,370 sqft in Tower 2 (AED 2,088 per sqft)
• June 25, 2026: AED 3,135,000 for 1,489 sqft in Tower 3 (AED 2,106 per sqft)
• May 12, 2026: AED 2,795,000 for 1,385 sqft in Tower 2 (AED 2,018 per sqft)

The asking of AED 2,990,000 is above both recorded Tower 2 2-bedroom DLD transactions (AED 2,795,000 and AED 2,860,000). However, these DLD records are primary off-plan developer registrations at base pricing. A high-floor corner unit with premium waterfall and Al Wasl Dome views would carry a significant floor and view premium over standard units, which could explain a higher OP. The Tower 3 2-bedroom at 1,489 sqft transacted at AED 3,135,000, suggesting larger or better-positioned units command materially higher prices.

Without the original purchase price, the agent's claim that the asking is below OP+DLD cannot be independently verified. Buyers should request the original sale and purchase agreement or oqood registration to confirm.

About Sidr Residences and Expo City

Sidr Residences is a residential development by Expo City Dubai offering 1-bedroom apartments (from 980 sqft), 2-bedroom apartments (from 1,377 sqft), 3-bedroom penthouses (from 2,391 sqft), 4-bedroom penthouses (from 4,244 sqft) and 3-bedroom townhouses (from 2,412 sqft). The project emphasises sustainability with solar panels, rainwater harvesting, waste recycling and EV charging stations.

Amenities include a swimming pool, gymnasium, yoga studio, landscaped gardens, children's play areas, jogging tracks, cycling paths, covered parking and 24/7 security. The contractor is ECC (Emirates Contracting Company).

Expo City Dubai is the legacy district on the site of Expo 2020, located in southern Dubai near Al Maktoum International Airport. The district retains key structures from the World Expo including the Al Wasl Dome, a 130-metre-wide projection dome that serves as a cultural and events venue, and the waterfall feature. The area is being developed into a mixed-use community with residential, commercial, educational and cultural facilities.

Payment and PHPP Structure

The developer's payment plan is 10% down payment, 50% during construction, 10% on handover and 30% post-handover (PHPP). The 30% post-handover component, equal to AED 897,000 at the asking price, would be payable in instalments after completion. This transfers to the new buyer.

The agent has not specified how much of the pre-handover portion (70% of OP) has been paid. Buyers should verify the paid amount, remaining construction instalments and PHPP obligations with the seller and the developer's escrow account.

Verification Notes

• No original purchase price is supplied. The agent's claim of below OP+DLD cannot be independently verified without the original SPA or oqood registration.
• No built-up area is specified. The 2-bedroom range for Sidr Residences is 1,377 to 1,425 sqft based on project listings.
• The asking of AED 2,990,000 is above both Tower 2 2-bedroom DLD transactions (AED 2,795,000 and AED 2,860,000), but those are base-priced primary registrations. A high-floor corner with premium views would carry a higher OP.
• Only 5 DLD transactions exist for all of Sidr Residences, providing a very limited dataset.
• The agent does not specify floor number, unit number, built-up area, bathrooms, parking or furnishing. These have been omitted.
• Handover is December 2027 per Property Finder. FAM Properties lists March 2028. Buyers should confirm with the developer.