3-bed · 4,439 sqftTerrace Apartments 1, Green Community Motor City · Ground floor · completed 2010

C-01, Terrace Apartments 1

Sold prices and rental history: sold twice, last in November 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-01 · DLD and Ejari recordsUpdated 12 November 2009
Last soldAED 2.75M12 November 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-01, Terrace Apartments 1

What is C-01 worth today?

Last sold for AED 2,750,000 in 2009

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12 Nov 2009Sold by developerReady
AED 2,750,000AED 619 per sqft
12 Nov 2009SoldReady
AED 2,476,050AED 557 per sqft

Source: Dubai Land Department. Updated 12 November 2009.

Key facts

Type
3-bed apartment
Size
4,439 sqft
Floor
Ground of 4
Parking
G-25, G-62
Developer
Union Properties
Completed
2010
Service charge
AED 60,000 /yr
Last sold
AED 2.75M · November 2009

About C-01, Terrace Apartments 1

C-01 is a three-bedroom apartment of 4,439 sqft on the ground floor of Terrace Apartments 1, a 4-storey tower in Green Community Motor City completed in 2010 by Union Properties. The developer sold it on 12 November 2009 for AED 2,750,000, or AED 619 per sqft, 15% below the AED 731 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for C-01 over time

Sales
Unit C-01, each saleTypical three-bed in Terrace Apartments 1
2M4M2009201420192024Typical sale price by year: 2009 AED 2,900,000; 2010 AED 2,750,000; 2011 AED 1,700,000; 2013 AED 2,663,573; 2014 AED 3,167,500; 2016 AED 2,150,000; 2017 AED 3,150,000; 2021 AED 2,550,000; 2022 AED 2,893,675; 2024 AED 4,200,000; 2025 AED 4,200,000Sold by developer, November 2009: AED 2,750,000 (AED 619 per sqft)Sold, November 2009: AED 2,476,050 (AED 557 per sqft)

C-01 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit C-01, each contractTypical three-bed in Terrace Apartments 1
200K2012201620202024Typical rent by year: 2012 AED 142,500; 2013 AED 161,250; 2014 AED 190,050; 2015 AED 197,500; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 160,000; 2019 AED 151,500; 2020 AED 140,000; 2021 AED 150,000; 2022 AED 150,000; 2023 AED 167,500; 2024 AED 200,000; 2025 AED 245,000; 2026 AED 257,500

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 1, and where C-01 sits

All 40 3-beds →

C-01 last sold in November 2009 at AED 619 per sqft, 15% below what three-beds in Terrace Apartments 1 were fetching at the time (AED 731). Over the last 12 months three-beds sold for AED 4,200,000 to 5,100,000, around AED 1,080 per sqft, and rent for AED 202,860 to 290,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Sep 20265,100,000
14 Sep 20264,200,000
8 Apr 20255,400,000
3 Mar 20254,200,000
2 3-bed sales in the last 12 months

Terrace Apartments 1

Building

40 apartments, 3-bed over 4 floors in Green Community Motor City, completed in 2010 by Union Properties. 2 sold in the last 12 months.

Typical price per sqft
AED 1,080
Typical sale
AED 4.65M
Typical rent
AED 245K /yr
Typical yield
5.6%
Terrace Apartments 1, Green Community Motor City: prices, sales and rents →

Other units on the ground floor

All 40 units in Terrace Apartments 1
Value
A-013-bedAED 2.01M · Nov 2020
A-023-bedAED 2.8M · Aug 2017
B-013-bedAED 1.73M · Mar 2014
B-023-bedAED 4.2M · Jul 2024
C-023-bedAED 1.65M · Jun 2016
D-013-bedAED 2.75M · May 2010
D-023-bedAED 2.34M · Jun 2011

C-01, Terrace Apartments 1 in numbers

  • Sold twice: first on 12 November 2009 for AED 2,476,050, last on 12 November 2009 for AED 2,750,000 (AED 619 per sqft).
  • Three-beds in Terrace Apartments 1 sold for AED 4,200,000–5,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,080 per sqft.

Source: Dubai Land Department. Updated 12 November 2009.

Questions about C-01, Terrace Apartments 1

What did unit C-01 last sell for?

AED 2,750,000 on 12 November 2009, sold by the developer: AED 619 per sqft for 4,439 sqft. The unit has 2 registered sales; the first was AED 2,476,050 in November 2009.

How big is unit C-01?

4,439 sqft (412.4 sqm): a three-bedroom apartment on the ground floor of a 4-storey tower completed in 2010.

What is unit C-01 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 1 sold for AED 4,200,000 to 5,100,000 in the last 12 months, around AED 1,080 per sqft.

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Mortgage on C-01, Terrace Apartments 1

Starts from the last sale price (AED 2.75M, 12 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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