4-bed · 4,896 sqftTerrace Apartments B, Green Community East · 3rd floor · completed 2018

4055, Terrace Apartments B

Sold prices and rental history: sold twice, last in December 2022, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4055 · DLD and Ejari recordsUpdated 13 December 2022
Last soldAED 2.5M13 December 2022
Current rentAED 200K /yr1 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4055, Terrace Apartments B

What is 4055 worth today?

Last sold for AED 2,500,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Dec 2022SoldReady
AED 2,500,000AED 510 per sqft
1 Oct 2017RentedRenewal
AED 200,000/yr11 months · AED 41 per sqft
1 Oct 2016RentedRenewal
AED 200,000/yr12 months · AED 41 per sqft
1 Oct 2015RentedNew contract
AED 200,000/yr12 months · AED 41 per sqft
30 Jun 2013Sold by developerReady
AED 1,150,000AED 234 per sqft

Source: Dubai Land Department. Updated 13 December 2022.

Key facts

Type
4-bed apartment
Size
4,896 sqft
Floor
3rd of 3
Parking
G-85,G-86
Developer
Union Properties
Completed
2018
Last sold
AED 2.5M · December 2022

About 4055, Terrace Apartments B

4055 is a four-bedroom apartment of 4,896 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 13 December 2022 for AED 2,500,000, or AED 510 per sqft.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 1 October 2017, is AED 200,000 a year: a gross yield of 8.0% on the 2022 price.

Sales and rents for 4055 over time

Rents
Unit 4055, each contractTypical four-bed in Terrace Apartments B
200K2015201820212024Typical 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 265,000New contract, October 2015: AED 200,000 a yearRenewal, October 2016: AED 200,000 a yearRenewal, October 2017: AED 200,000 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 4055 sits

All 6 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
27 Mar 20253,560,000
26 Jan 20222,350,000
29 Jun 20162,560,000
14 Apr 2016500,000
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
40384-bedAED 3.56M · Mar 2025
40394-bedAED 2.9M · Feb 2015
40464-bedAED 2.56M · Jun 2016
40474-bedAED 3.55M · Apr 2014
40544-bedAED 500K · Apr 2016

4055, Terrace Apartments B in numbers

  • Sold twice: first on 30 June 2013 for AED 1,150,000, last on 13 December 2022 for AED 2,500,000 (AED 510 per sqft).
  • Rented since October 2015 on 3 Ejari contracts, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 8.0%.

Source: Dubai Land Department. Updated 13 December 2022.

Questions about 4055, Terrace Apartments B

What did unit 4055 last sell for?

AED 2,500,000 on 13 December 2022: AED 510 per sqft for 4,896 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in June 2013.

What is the rent for unit 4055?

AED 200,000 a year on the contract renewed on 1 October 2017. The previous contract, from October 2016, was AED 200,000; the unit has been rented since October 2015.

How big is unit 4055?

4,896 sqft (454.9 sqm): a four-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2018.

What is unit 4055 worth today?

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

Selling 4055? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4055, Terrace Apartments B

Starts from the last sale price (AED 2.5M, 13 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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