3-bed · 3,451 sqftTerrace Apartments A, Green Community East · 2nd floor · completed 2018

4005, Terrace Apartments A

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4005 · DLD and Ejari recordsUpdated 14 September 2022
Last soldAED 2.25M14 September 2022
Current rentAED 137K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4005, Terrace Apartments A

What is 4005 worth today?

Last sold for AED 2,250,000 in 2022

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14 Sep 2022SoldReady
AED 2,250,000AED 652 per sqft
1 May 2022RentedRenewal
AED 136,500/yr12 months · AED 40 per sqft
1 May 2021RentedNew contract
AED 130,000/yr12 months · AED 38 per sqft
7 Jun 2016RentedNew contract
AED 205,000/yr12 months · AED 59 per sqft
7 Jun 2015RentedNew contract
AED 205,000/yr12 months · AED 59 per sqft
14 Jan 2014Sold by developerReady
AED 550,000AED 159 per sqft

Source: Dubai Land Department. Updated 14 September 2022.

Key facts

Type
3-bed apartment
Size
3,451 sqft
Floor
2nd of 3
Parking
G-04,G-05
Developer
Union Properties
Completed
2018
Last sold
AED 2.25M · September 2022

About 4005, Terrace Apartments A

4005 is a three-bedroom apartment of 3,451 sqft on the 2nd floor of Terrace Apartments A, a 3-storey tower in Green Community East completed in 2018 by Union Properties. It last sold on 14 September 2022 for AED 2,250,000, or AED 652 per sqft, 11% above the AED 586 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 136,500 a year: a gross yield of 6.1% on the 2022 price.

Sales and rents for 4005 over time

Sales
Unit 4005, each saleTypical three-bed in Terrace Apartments A
2M2013201720212025Typical sale price by year: 2013 AED 1,100,000; 2014 AED 1,100,000; 2015 AED 1,100,000; 2016 AED 1,862,500; 2017 AED 2,329,000; 2021 AED 1,700,000; 2022 AED 2,160,000; 2024 AED 3,200,000; 2025 AED 3,175,000Sold by developer, January 2014: AED 550,000 (AED 159 per sqft)Sold, September 2022: AED 2,250,000 (AED 652 per sqft)

4005 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4005, each contractTypical three-bed in Terrace Apartments A
150K200K2013201720212025Typical rent by year: 2013 AED 182,500; 2014 AED 181,500; 2015 AED 190,000; 2016 AED 189,000; 2017 AED 175,000; 2018 AED 157,500; 2019 AED 144,000; 2020 AED 117,500; 2021 AED 127,331; 2022 AED 125,000; 2023 AED 125,000; 2024 AED 190,750; 2025 AED 205,000New contract, June 2015: AED 205,000 a yearNew contract, June 2016: AED 205,000 a yearNew contract, May 2021: AED 130,000 a yearRenewal, May 2022: AED 136,500 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Terrace Apartments A, and where 4005 sits

All 24 3-beds →

4005 last sold in September 2022 at AED 652 per sqft, 11% above what three-beds in Terrace Apartments A were fetching at the time (AED 586). Over the last 12 months three-beds sold for AED 3,480,000, around AED 785 per sqft, and rent for AED 150,000 to 290,000 a year. 4005's AED 136,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Jun 20263,480,000
22 Sep 20253,200,000
26 Aug 20253,150,000
26 Jun 20253,050,000
1 3-bed sale in the last 12 months

Terrace Apartments A

Building

32 apartments, 3-bed to 4-bed over 3 floors in Green Community East, completed in 2018 by Union Properties. 4 sold in the last 12 months.

Typical price per sqft
AED 881
Typical sale
AED 4.38M
Typical rent
AED 236K /yr
Typical yield
6.2%
Terrace Apartments A, Green Community East: prices, sales and rents →

Other units on the 2nd floor

All 32 units in Terrace Apartments A
Value
40043-bedAED 1.1M · Feb 2014
40123-bedAED 2.53M · Mar 2017
40133-bedAED 2.34M · Dec 2022
40203-bedAED 3.05M · Jun 2025
40213-bedAED 2M · Jun 2022
40283-bedAED 2.65M · Oct 2016
40293-bedAED 1.95M · Sep 2018

4005, Terrace Apartments A in numbers

  • Sold twice: first on 14 January 2014 for AED 550,000, last on 14 September 2022 for AED 2,250,000 (AED 652 per sqft).
  • Rented since June 2015 on 4 Ejari contracts, from AED 205,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2022 price is 6.1%.
  • Three-beds in Terrace Apartments A sold for AED 3,480,000–3,480,000 in the 12 months to November 2026; the building's median across all types is AED 881 per sqft.

Source: Dubai Land Department. Updated 14 September 2022.

Questions about 4005, Terrace Apartments A

What did unit 4005 last sell for?

AED 2,250,000 on 14 September 2022: AED 652 per sqft for 3,451 sqft. The unit has 2 registered sales; the first was AED 550,000 in January 2014.

What is the rent for unit 4005?

AED 136,500 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 130,000; the unit has been rented since June 2015.

How big is unit 4005?

3,451 sqft (320.6 sqm): a three-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2018.

What is unit 4005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Terrace Apartments A sold for AED 3,480,000 to 3,480,000 in the last 12 months, around AED 785 per sqft.

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Mortgage on 4005, Terrace Apartments A

Starts from the last sale price (AED 2.25M, 14 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →