3-bed · 4,400 sqftTerrace Apartments B, Green Community East · Ground floor · completed 2018

4040, Terrace Apartments B

Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4040 · DLD and Ejari recordsUpdated 8 July 2025
Last soldAED 3.17M8 July 2025
Current rentAED 220K /yr8 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4040, Terrace Apartments B

What is 4040 worth today?

Last sold for AED 3,170,000 in 2025

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8 Jul 2025SoldReady
AED 3,170,000AED 720 per sqft
8 Oct 2023RentedNew contract
AED 220,000/yr12 months · AED 50 per sqft
1 Mar 2023RentedRenewal
AED 124,599/yr4 months · AED 28 per sqft
1 Mar 2022RentedRenewal
AED 124,600/yr12 months · AED 28 per sqft
1 Mar 2021RentedRenewal
AED 116,500/yr12 months · AED 26 per sqft
1 Mar 2020RentedRenewal
AED 123,000/yr12 months · AED 28 per sqft
1 Mar 2019RentedRenewal
AED 133,000/yr12 months · AED 30 per sqft
1 Mar 2018RentedNew contract
AED 160,000/yr12 months · AED 36 per sqft

Source: Dubai Land Department. Updated 8 July 2025.

Key facts

Type
3-bed apartment
Size
4,400 sqft
Floor
Ground of 3
Parking
G-111,G-78
Developer
Union Properties
Completed
2018
Last sold
AED 3.17M · July 2025

About 4040, Terrace Apartments B

4040 is a three-bedroom apartment of 4,400 sqft on the ground floor of Terrace Apartments B, a 3-storey tower in Green Community East completed in 2018 by Union Properties. It last sold on 8 July 2025 for AED 3,170,000, or AED 720 per sqft.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 8 October 2023, is AED 220,000 a year: a gross yield of 6.9% on the 2025 price.

Sales and rents for 4040 over time

Sales
Unit 4040, each saleTypical three-bed in Terrace Apartments B
1M2M3M2013201720212025Typical sale price by year: 2013 AED 1,100,000; 2014 AED 1,100,000; 2025 AED 3,170,000Sold by developer, June 2013: AED 1,071,500 (AED 243 per sqft)Sold, July 2017: AED 2,435,000 (AED 553 per sqft)Sold, July 2025: AED 3,170,000 (AED 720 per sqft)

4040 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4040, each contractTypical three-bed in Terrace Apartments B
100K150K200K2012201620202024Typical rent by year: 2012 AED 172,500; 2013 AED 175,000; 2014 AED 185,000; 2015 AED 190,000; 2016 AED 180,000; 2017 AED 172,500; 2018 AED 165,000; 2019 AED 150,000; 2020 AED 129,000; 2021 AED 120,000; 2022 AED 126,300; 2023 AED 150,000; 2024 AED 189,000; 2025 AED 200,000; 2026 AED 225,000New contract, December 2012: AED 180,000 a yearNew contract, February 2014: AED 200,000 a yearNew contract, February 2015: AED 195,000 a yearNew contract, February 2017: AED 195,000 a yearNew contract, March 2018: AED 160,000 a yearRenewal, March 2019: AED 133,000 a yearRenewal, March 2020: AED 123,000 a yearRenewal, March 2021: AED 116,500 a yearRenewal, March 2022: AED 124,600 a yearRenewal, March 2023: AED 124,599 a yearNew contract, October 2023: AED 220,000 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 B, and where 4040 sits

All 18 3-beds →

Over the last 12 months three-beds sold for AED 3,075,000 to 3,750,000, around AED 767 per sqft, and rent for AED 165,000 to 240,000 a year. 4040's AED 220,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Aug 20263,075,000
17 Mar 20263,750,000
8 Aug 20253,300,000
12 May 20252,800,000
2 3-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 ground floor

All 24 units in Terrace Apartments B
Value
40323-bedAED 2.8M · May 2025
40333-bedAED 2.2M · Feb 2018
40413-bedAED 3.3M · Aug 2025
40483-bedAED 2M · Aug 2021
40493-bedAED 3.08M · Aug 2026

4040, Terrace Apartments B in numbers

  • Sold 3 times: first on 26 June 2013 for AED 1,071,500, last on 8 July 2025 for AED 3,170,000 (AED 720 per sqft).
  • Rented since December 2012 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 116,500 in 2021 and recovered to AED 220,000 by October 2023.
  • At AED 220,000 a year the gross yield on the 2025 price is 6.9%.
  • Three-beds in Terrace Apartments B sold for AED 3,075,000–3,750,000 in the 12 months to November 2026; the building's median across all types is AED 767 per sqft.

Source: Dubai Land Department. Updated 8 July 2025.

Questions about 4040, Terrace Apartments B

What did unit 4040 last sell for?

AED 3,170,000 on 8 July 2025: AED 720 per sqft for 4,400 sqft. The unit has 3 registered sales; the first was AED 1,071,500 in June 2013.

What is the rent for unit 4040?

AED 220,000 a year on the contract signed on 8 October 2023. The previous contract, from March 2023, was AED 124,599; the unit has been rented since December 2012.

How big is unit 4040?

4,400 sqft (408.8 sqm): a three-bedroom apartment on the ground floor of a 3-storey tower completed in 2018.

What is unit 4040 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 B sold for AED 3,075,000 to 3,750,000 in the last 12 months, around AED 767 per sqft.

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Mortgage on 4040, Terrace Apartments B

Starts from the last sale price (AED 3.17M, 8 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,170,000
Deposit, UAE resident (20%)
AED 634,000
Deposit, non-resident (40%)
AED 1,268,000
Monthly over 25 years at 3.7%
AED 12,969

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