3-bed · 3,470 sqftTerrace Apartments A, Green Community East · 2nd floor · completed 2018

4012, Terrace Apartments A

Sold prices and rental history: sold twice, last in March 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4012 · DLD and Ejari recordsUpdated 7 March 2017
Last soldAED 2.53M7 March 2017
Current rentAED 210K /yr1 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4012, Terrace Apartments A

What is 4012 worth today?

Last sold for AED 2,525,000 in 2017

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7 Mar 2017SoldReady
AED 2,525,000AED 727 per sqft
1 Sep 2016RentedNew contract
AED 210,000/yr6 months · AED 61 per sqft
1 Sep 2015RentedNew contract
AED 195,000/yr12 months · AED 56 per sqft
27 Apr 2015RentedNew contract
AED 185,000/yr12 months · AED 53 per sqft
5 Apr 2014RentedNew contract
AED 195,000/yr12 months · AED 56 per sqft
25 Jun 2013Sold by developerReady
AED 1,100,000AED 316 per sqft

Source: Dubai Land Department. Updated 7 March 2017.

Key facts

Type
3-bed apartment
Size
3,470 sqft
Floor
2nd of 3
Parking
G-142,G-143
Developer
Union Properties
Completed
2018
Last sold
AED 2.53M · March 2017

About 4012, Terrace Apartments A

4012 is a three-bedroom apartment of 3,470 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 7 March 2017 for AED 2,525,000, or AED 727 per sqft, 8% above the AED 674 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 September 2016, is AED 210,000 a year: a gross yield of 8.3% on the 2017 price.

Sales and rents for 4012 over time

Sales
Unit 4012, each saleTypical three-bed in Terrace Apartments A
1M2M3M2013201720212025Typical 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, June 2013: AED 1,100,000 (AED 316 per sqft)Sold, March 2017: AED 2,525,000 (AED 727 per sqft)

4012 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4012, 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, April 2014: AED 195,000 a yearNew contract, April 2015: AED 185,000 a yearNew contract, September 2015: AED 195,000 a yearNew contract, September 2016: AED 210,000 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 4012 sits

All 24 3-beds →

4012 last sold in March 2017 at AED 727 per sqft, 8% above what three-beds in Terrace Apartments A were fetching at the time (AED 674). 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. 4012's AED 210,000 is in the lower half 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
40053-bedAED 2.25M · Sep 2022
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

4012, Terrace Apartments A in numbers

  • Sold twice: first on 25 June 2013 for AED 1,100,000, last on 7 March 2017 for AED 2,525,000 (AED 727 per sqft).
  • Rented since April 2014 on 4 Ejari contracts, from AED 195,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2017 price is 8.3%.
  • 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 7 March 2017.

Questions about 4012, Terrace Apartments A

What did unit 4012 last sell for?

AED 2,525,000 on 7 March 2017: AED 727 per sqft for 3,470 sqft. The unit has 2 registered sales; the first was AED 1,100,000 in June 2013.

What is the rent for unit 4012?

AED 210,000 a year on the contract signed on 1 September 2016. The previous contract, from September 2015, was AED 195,000; the unit has been rented since April 2014.

How big is unit 4012?

3,470 sqft (322.4 sqm): a three-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2018.

What is unit 4012 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 4012, Terrace Apartments A

Starts from the last sale price (AED 2.53M, 7 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,525,000
Deposit, UAE resident (20%)
AED 505,000
Deposit, non-resident (40%)
AED 1,010,000
Monthly over 25 years at 3.7%
AED 10,331

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