3-bed · 3,488 sqftTerrace Apartments B, Green Community East · 2nd floor · completed 2018

4044, Terrace Apartments B

Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4044 · DLD and Ejari recordsUpdated 10 October 2022
Last soldAED 2.2M10 October 2022
Current rentAED 184K /yr28 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4044, Terrace Apartments B

What is 4044 worth today?

Last sold for AED 2,200,000 in 2022

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10 Oct 2022SoldReady
AED 2,200,000AED 630 per sqft
6 Aug 2015SoldReady
AED 2,600,000AED 745 per sqft
28 Feb 2014RentedNew contract
AED 184,451/yr12 months · AED 53 per sqft
16 Apr 2013Sold by developerReady
AED 1,071,500AED 307 per sqft
28 Feb 2013RentedNew contract
AED 185,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 10 October 2022.

Key facts

Type
3-bed apartment
Size
3,488 sqft
Floor
2nd of 3
Parking
G-80,G-81
Developer
Union Properties
Completed
2018
Last sold
AED 2.2M · October 2022

About 4044, Terrace Apartments B

4044 is a three-bedroom apartment of 3,488 sqft on the 2nd floor of Terrace Apartments B, a 3-storey tower in Green Community East completed in 2018 by Union Properties. It last sold on 10 October 2022 for AED 2,200,000, or AED 630 per sqft, 19% above the AED 528 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 28 February 2014, is AED 184,451 a year: a gross yield of 8.4% on the 2022 price.

Sales and rents for 4044 over time

Sales
Unit 4044, 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, April 2013: AED 1,071,500 (AED 307 per sqft)Sold, August 2015: AED 2,600,000 (AED 745 per sqft)Sold, October 2022: AED 2,200,000 (AED 630 per sqft)

4044 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4044, each contractTypical three-bed in Terrace Apartments B
150K200K2012201620202024Typical 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, February 2013: AED 185,000 a yearNew contract, February 2014: AED 184,451 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 4044 sits

All 18 3-beds →

4044 last sold in October 2022 at AED 630 per sqft, 19% above what three-beds in Terrace Apartments B were fetching at the time (AED 528). 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. 4044's AED 184,451 is in the lower 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
8 Jul 20253,170,000
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 2nd floor

All 24 units in Terrace Apartments B
Value
40363-bedAED 1.14M · Jul 2013
40373-bedAED 1.8M · Dec 2021
40453-bedAED 1.2M · Jul 2013
40523-bedAED 1.2M · Apr 2013
40533-bedAED 1.51M · Jul 2019

4044, Terrace Apartments B in numbers

  • Sold 3 times: first on 16 April 2013 for AED 1,071,500, last on 10 October 2022 for AED 2,200,000 (AED 630 per sqft).
  • Rented since February 2013 on 2 Ejari contracts, from AED 185,000 to AED 184,451 a year.
  • At AED 184,451 a year the gross yield on the 2022 price is 8.4%.
  • 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 10 October 2022.

Questions about 4044, Terrace Apartments B

What did unit 4044 last sell for?

AED 2,200,000 on 10 October 2022: AED 630 per sqft for 3,488 sqft. The unit has 3 registered sales; the first was AED 1,071,500 in April 2013.

What is the rent for unit 4044?

AED 184,451 a year on the contract signed on 28 February 2014. The previous contract, from February 2013, was AED 185,000.

How big is unit 4044?

3,488 sqft (324.0 sqm): a three-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2018.

What is unit 4044 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 4044, Terrace Apartments B

Starts from the last sale price (AED 2.2M, 10 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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