4-bed · 4,909 sqftTerrace Apartments B, Green Community East · 3rd floor · completed 2018

4038, Terrace Apartments B

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4038 · DLD and Ejari recordsUpdated 27 March 2025
Last soldAED 3.56M27 March 2025
Current rentAED 280K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4038, Terrace Apartments B

What is 4038 worth today?

Last sold for AED 3,560,000 in 2025

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27 Mar 2025SoldReady
AED 3,560,000AED 725 per sqft
15 Jul 2024RentedNew contract
AED 280,000/yr12 months · AED 57 per sqft
8 Dec 2023RentedNew contract
AED 200,000/yr12 months · AED 41 per sqft
25 May 2022RentedNew contract
AED 170,000/yr12 months · AED 35 per sqft
26 Jan 2022SoldReady
AED 2,350,000AED 478 per sqft
28 Nov 2021RentedNew contract
AED 150,000/yr12 months · AED 31 per sqft
7 Jul 2021RentedRenewal
AED 140,000/yr12 months · AED 29 per sqft
7 Jul 2020RentedRenewal
AED 145,000/yr12 months · AED 30 per sqft

Source: Dubai Land Department. Updated 27 March 2025.

Key facts

Type
4-bed apartment
Size
4,909 sqft
Floor
3rd of 3
Parking
G-69,G-70
Developer
Union Properties
Completed
2018
Last sold
AED 3.56M · March 2025

About 4038, Terrace Apartments B

4038 is a four-bedroom apartment of 4,909 sqft on the 3rd floor of Terrace Apartments B, a 3-storey tower in Green Community East completed in 2018 by Union Properties. It last sold on 27 March 2025 for AED 3,560,000, or AED 725 per sqft.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 15 July 2024, is AED 280,000 a year: a gross yield of 7.9% on the 2025 price.

Sales and rents for 4038 over time

Rents
Unit 4038, each contractTypical four-bed in Terrace Apartments B
200K300K20142017202020232026Typical rent by year: 2017 AED 200,000; 2018 AED 175,000; 2019 AED 156,250; 2020 AED 135,000; 2021 AED 145,000; 2022 AED 170,000; 2023 AED 177,625; 2024 AED 260,000; 2025 AED 265,000Renewal, July 2014: AED 200,000 a yearRenewal, July 2015: AED 200,000 a yearNew contract, January 2018: AED 160,000 a yearNew contract, July 2019: AED 145,000 a yearRenewal, July 2020: AED 145,000 a yearRenewal, July 2021: AED 140,000 a yearNew contract, November 2021: AED 150,000 a yearNew contract, May 2022: AED 170,000 a yearNew contract, December 2023: AED 200,000 a yearNew contract, July 2024: AED 280,000 a year

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

4-beds in Terrace Apartments B, and where 4038 sits

All 6 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
13 Dec 20222,500,000
29 Jun 20162,560,000
14 Apr 2016500,000
26 Feb 20152,900,000
0 4-bed sales in the last 12 months

Terrace Apartments B

Building

24 apartments, 3-bed to 4-bed over 3 floors in Green Community East, completed in 2018 by Union Properties. 2 sold in the last 12 months.

Typical price per sqft
AED 767
Typical sale
AED 3.41M
Typical rent
AED 233K /yr
Typical yield
6.6%
Terrace Apartments B, Green Community East: prices, sales and rents →

Other units on the 3rd floor

All 24 units in Terrace Apartments B
Value
40394-bedAED 2.9M · Feb 2015
40464-bedAED 2.56M · Jun 2016
40474-bedAED 3.55M · Apr 2014
40544-bedAED 500K · Apr 2016
40554-bedAED 2.5M · Dec 2022

4038, Terrace Apartments B in numbers

  • Sold 3 times: first on 27 June 2013 for AED 1,150,000, last on 27 March 2025 for AED 3,560,000 (AED 725 per sqft).
  • Rented since July 2014 on 10 Ejari contracts. The rent fell from AED 200,000 to AED 140,000 in 2021 and recovered to AED 280,000 by July 2024.
  • At AED 280,000 a year the gross yield on the 2025 price is 7.9%.

Source: Dubai Land Department. Updated 27 March 2025.

Questions about 4038, Terrace Apartments B

What did unit 4038 last sell for?

AED 3,560,000 on 27 March 2025: AED 725 per sqft for 4,909 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in June 2013.

What is the rent for unit 4038?

AED 280,000 a year on the contract signed on 15 July 2024. The previous contract, from December 2023, was AED 200,000; the unit has been rented since July 2014.

How big is unit 4038?

4,909 sqft (456.1 sqm): a four-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2018.

What is unit 4038 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4038, Terrace Apartments B

Starts from the last sale price (AED 3.56M, 27 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,560,000
Deposit, UAE resident (20%)
AED 712,000
Deposit, non-resident (40%)
AED 1,424,000
Monthly over 25 years at 3.7%
AED 14,565

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