3-bed · 4,197 sqftTerrace Apartments A, Green Community East · Ground floor · completed 2018

4016, Terrace Apartments A

Sold prices and rental history: sold twice, last in September 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4016 · DLD and Ejari recordsUpdated 13 September 2020
Last soldAED 1.6M13 September 2020
Current rentAED 120K /yr25 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4016, Terrace Apartments A

What is 4016 worth today?

Last sold for AED 1,600,000 in 2020

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13 Sep 2020SoldReady
AED 1,600,000AED 381 per sqft
25 Jul 2020RentedRenewal
AED 120,000/yr12 months · AED 29 per sqft
25 Jul 2019RentedNew contract
AED 144,000/yr12 months · AED 34 per sqft
15 Jul 2018RentedNew contract
AED 155,000/yr12 months · AED 37 per sqft
20 Dec 2017RentedNew contract
AED 170,000/yr12 months · AED 40 per sqft
1 Jul 2017RentedRenewal
AED 170,000/yr12 months · AED 40 per sqft
1 Jul 2016RentedNew contract
AED 181,500/yr12 months · AED 43 per sqft
1 Jul 2015RentedNew contract
AED 181,500/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 13 September 2020.

Key facts

Type
3-bed apartment
Size
4,197 sqft
Floor
Ground of 3
Parking
G-135,G-136
Developer
Union Properties
Completed
2018
Last sold
AED 1.6M · September 2020

About 4016, Terrace Apartments A

4016 is a three-bedroom apartment of 4,197 sqft on the ground floor of Terrace Apartments A, a 3-storey tower in Green Community East completed in 2018 by Union Properties. It last sold on 13 September 2020 for AED 1,600,000, or AED 381 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 25 July 2020, is AED 120,000 a year: a gross yield of 7.5% on the 2020 price.

Sales and rents for 4016 over time

Sales
Unit 4016, 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, May 2013: AED 1,100,000 (AED 262 per sqft)Sold, September 2020: AED 1,600,000 (AED 381 per sqft)

4016 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4016, 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, July 2014: AED 181,500 a yearNew contract, July 2015: AED 181,500 a yearNew contract, July 2016: AED 181,500 a yearRenewal, July 2017: AED 170,000 a yearNew contract, December 2017: AED 170,000 a yearNew contract, July 2018: AED 155,000 a yearNew contract, July 2019: AED 144,000 a yearRenewal, July 2020: AED 120,000 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 4016 sits

All 24 3-beds →

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. 4016's AED 120,000 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 ground floor

All 32 units in Terrace Apartments A
Value
40003-bedAED 1.1M · Jul 2013
40013-bedAED 2.15M · Jul 2022
40083-bedAED 3.15M · Aug 2025
40093-bedAED 1.2M · Feb 2014
40173-bedAED 2.6M · May 2023
40243-bedAED 1.4M · Dec 2020
40253-bedAED 3.2M · Jan 2024

4016, Terrace Apartments A in numbers

  • Sold twice: first on 20 May 2013 for AED 1,100,000, last on 13 September 2020 for AED 1,600,000 (AED 381 per sqft).
  • Rented since July 2014 on 8 Ejari contracts, from AED 181,500 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 7.5%.
  • 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 13 September 2020.

Questions about 4016, Terrace Apartments A

What did unit 4016 last sell for?

AED 1,600,000 on 13 September 2020: AED 381 per sqft for 4,197 sqft. The unit has 2 registered sales; the first was AED 1,100,000 in May 2013.

What is the rent for unit 4016?

AED 120,000 a year on the contract renewed on 25 July 2020. The previous contract, from July 2019, was AED 144,000; the unit has been rented since July 2014.

How big is unit 4016?

4,197 sqft (389.9 sqm): a three-bedroom apartment on the ground floor of a 3-storey tower completed in 2018.

What is unit 4016 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 4016, Terrace Apartments A

Starts from the last sale price (AED 1.6M, 13 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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