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

C-02, Terrace Apartments 1

Sold prices and rental history: sold 3 times, last in June 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-02 · DLD and Ejari recordsUpdated 26 June 2016
Last soldAED 1.65M26 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-02, Terrace Apartments 1

What is C-02 worth today?

Last sold for AED 1,650,000 in 2016

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26 Jun 2016SoldReady
AED 1,650,000AED 371 per sqft
6 May 2010Sold by developerReady
AED 2,750,000AED 619 per sqft
6 May 2010SoldReady
AED 2,100,000AED 473 per sqft

Source: Dubai Land Department. Updated 26 June 2016.

Key facts

Type
3-bed apartment
Size
4,439 sqft
Floor
Ground of 4
Parking
G-34, G-57
Developer
Union Properties
Completed
2010
Service charge
AED 60,000 /yr
Last sold
AED 1.65M · June 2016

About C-02, Terrace Apartments 1

C-02 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. It last sold on 26 June 2016 for AED 1,650,000, or AED 371 per sqft, in line with the AED 371 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-02 over time

Sales
Unit C-02, 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, May 2010: AED 2,750,000 (AED 619 per sqft)Sold, May 2010: AED 2,100,000 (AED 473 per sqft)Sold, June 2016: AED 1,650,000 (AED 371 per sqft)

C-02 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit C-02, 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-02 sits

All 40 3-beds →

C-02 last sold in June 2016 at AED 371 per sqft, in line with what three-beds in Terrace Apartments 1 were fetching at the time (AED 371). 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-013-bedAED 2.48M · Nov 2009
D-013-bedAED 2.75M · May 2010
D-023-bedAED 2.34M · Jun 2011

C-02, Terrace Apartments 1 in numbers

  • Sold 3 times: first on 6 May 2010 for AED 2,100,000, last on 26 June 2016 for AED 1,650,000 (AED 371 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 26 June 2016.

Questions about C-02, Terrace Apartments 1

What did unit C-02 last sell for?

AED 1,650,000 on 26 June 2016: AED 371 per sqft for 4,439 sqft. The unit has 3 registered sales; the first was AED 2,100,000 in May 2010.

How big is unit C-02?

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-02 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-02, Terrace Apartments 1

Starts from the last sale price (AED 1.65M, 26 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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