Emaar Terra Heights Residences at Expo Living is a premium residential development that offers an exceptional investment opportunity in the heart of Dubai’s growing Expo City. Here's an in-depth look at what this development offers:
Project Overview:
Emaar Terra Heights is part of the Expo Living Master Plan and is positioned as a dynamic community with a range of premium 1 and 2-bedroom apartments. The development consists of four low-rise L-shaped buildings, each with G+8 floors, providing a total of 1,004 residential units.
The 1-bedroom apartments (484 units) range in size from 728 to 857 sqft, while the 2-bedroom apartments (520 units) range from 1,093 to 1,216 sqft. These homes are designed with modern layouts and come with fully equipped kitchens.
Strategic Location:
Located near major transport and business hubs, Terra Heights offers:
- Close proximity to the Dubai Expo Mall: A major retail, dining, and leisure destination that spans 697,000 sqft, scheduled to open by late 2025.
- Dubai Exhibition Center (DEC): The AED 10 billion expansion of DEC will increase exhibition space and double the number of events, positioning this area as a global events hub.
- Dubai Metro: The Route 2020 metro extension is already operational, with a dedicated metro station near Terra Heights.
- Al Maktoum International Airport (DWC): With a $35 billion expansion, DWC is set to become one of the busiest airports globally, driving significant growth in the surrounding area.
Exceptional Amenities:
The development offers a wide array of state-of-the-art amenities designed to cater to a high standard of living:
- Common Deck: Spanning twice the size of the Camp Nou football field, the deck offers residents ample space for relaxation and recreation.
- Swimming Pool: A 35-meter long pool for residents to enjoy.
- Mini Golf Course: A recreational feature for residents and visitors.
- Techno Gym: A fully-equipped fitness center.
- Yoga Deck: Designed for wellness and relaxation.
- Adult and Kids Pools: Separate pools for adults and children for all ages to enjoy.
- Multipurpose Sports Courts: For a variety of sports activities.
- Event Spaces and Meeting Rooms: Perfect for hosting social and corporate events.
- BBQ Areas: Designed for community gatherings and socializing.
Payment Plan:
Emaar offers a flexible 80-20 construction-linked payment plan:
- 10% on booking.
- 10% by January 2025.
- 10% by June 2025.
- 10% by January 2026.
- 10% by October 2026 (40% construction completion).
- 10% by April 2027 (60% construction completion).
- 10% by October 2027 (80% construction completion).
- 10% by February 2028 (90% construction completion).
- 20% by March 2029 (project completion).
This payment structure allows investors and buyers to manage payments as construction progresses, making it easier to invest in a property that will be ready by March 2029.
Pricing:
- 1-Bedroom Apartments start at AED 1,420,888.
- 2-Bedroom Apartments start at AED 2,070,888.
Why Invest in Emaar Terra Heights?
Prime Location & Future Growth:
- Expo City is a rapidly growing area set to contribute 35% to Dubai’s GDP and will eventually house over 1 million residents. It’s one of the most strategically located developments in Dubai, offering access to key infrastructures like Al Maktoum International Airport and the Dubai Metro.
- The Dubai Exhibition Center (DEC) is undergoing a massive expansion which will make the area an even more attractive destination for global events. With over 600 events anticipated annually, the area will see increased commercial activity and demand for housing.
Strong Returns on Investment:
- The development is located in an area with a strong business hub, with companies like Emirates Airlines, Siemens, and Nestlé moving their headquarters nearby. The area is expected to generate 450,000 jobs and attract major international businesses, ensuring high demand for both residential and commercial properties.
Emaar's Reputation:
- As one of the world’s leading real estate developers, Emaar Properties has a strong track record in delivering high-quality developments. With a market capitalization of AED 70 billion and more than 108,000 residential units delivered globally, Emaar provides a trusted brand for investors and homeowners.
Completion Timeline:
Emaar Terra Heights is set to be completed by March 2029, allowing ample time for the development to integrate into the wider Expo City ecosystem, which is expected to be fully operational in the coming years.
Conclusion:
Emaar Terra Heights Residences offers a unique opportunity to invest in one of the most dynamic and rapidly developing areas of Dubai. With a strategic location, premium amenities, and the backing of a globally recognized developer, this project is poised for long-term growth and high returns on investment. The flexible payment plan and attractive pricing make it an accessible option for investors looking to capitalize on Dubai’s expanding economy and infrastructure.