PropertyIndex

The Terraces

Completed · Q1 2022|253 units · 2 towers

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The Terraces is a completed apartment development by BOLTON REAL ESTATE DEVELOPMENT L.L.C - FZ in Sobha Hartland, Al Merkadh, comprising 253 registered units. 421 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,858 per sqft. At AED 1,858 per sqft, The Terraces prices 14% below the Sobha Hartland average of AED 2,160 per sqft on registered sales.

PIX© price · 9.3% YoY
2.42MAED
Typical
1,858AED
PSF
Gross yield
6.4%
PIX© rent ÷ PIX© price
Sale records
421
DLD · all time
Rent contracts
527
Ejari · all time
The Terraces

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
128 – 3,425 sqft
2532.42M1,8589.3%155K6.4%
Residential
1 Bed · Apartment
670 – 1,167 sqft
100
2 Bed · Apartment
1,117 – 2,858 sqft
127
3 Bed · Apartment
1,699 – 3,196 sqft
18
Commercial
Shop
1,054 – 3,425 sqft
6
Store
128 – 135 sqft
2
Sales — Project-Wide421 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower Analysis
last 24 months
All towers · 46 sales
Tower N · 24 sales
Tower S · 22 sales
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
23 Jul 2026Tower S · Floor 41,1592,042,0001,761+20.1%Entry LevelStandard Sale
17 Jul 2026Tower S · Floor 61,6713,300,0001,975+60.1%PremiumStandard Sale
9 Jun 2026Tower S · Floor G2,7213,450,0001,268+14.4%Entry LevelStandard Sale
Rentals — Project-Wide527 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 203 rentals
Floor 2 · 32 rentals
Floors 3-9 · 171 rentals
Tower N · 84 rentals
Floor 2 · 13 rentals
Floors 3-9 · 71 rentals
Tower S · 119 rentals
Floor 2 · 19 rentals
Floors 3-9 · 100 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20261 BedTower S · Floor 8762100,0001310.0%Standardrenewal
15 Aug 20262 BedTower N · Floor 81,132130,000115-13.3%Entry Levelnew
15 Aug 20262 BedTower N · Floor 81,132130,0001150.0%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Sobha Hartland

The closest-priced registered projects in Sobha Hartland.

Common questions about The Terraces

Answered from Dubai Land Department registered transactions.

How much does a property in The Terraces cost?

Property in The Terraces sells at a current PIX© price of AED 1,858 per sqft, or about AED 2,423,956 for a typical unit, based on 421 sales registered with the Dubai Land Department.

Is The Terraces completed?

Yes. The Terraces is recorded as completed in the Dubai Land Department project register (completed q1 2022).

Who is the developer of The Terraces?

The Terraces is developed by BOLTON REAL ESTATE DEVELOPMENT L.L.C - FZ, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Terraces?

The Terraces yields 6.4% gross, calculated from current PIX© rent against current PIX© sale price, across 527 registered Ejari contracts.

How many units are in The Terraces?

The Terraces holds 253 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in The Terraces gone up or down?

Price per sqft has risen +9.3% over the last 12 months, to AED 1,858, across 421 registered sales.