2-bed · 2,651 sqftThe Terraces North, Sobha Hartland · Ground floor · completed 2022

N001, The Terraces North

Sold prices and rental history: sold twice, last in November 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit N001 · DLD and Ejari recordsUpdated 4 November 2024
Last soldAED 3.35M4 November 2024
Current rentAED 234K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for N001, The Terraces North

What is N001 worth today?

Last sold for AED 3,350,000 in 2024

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4 Nov 2024SoldReady
AED 3,350,000AED 1,263 per sqft
1 Feb 2024RentedRenewal
AED 234,000/yr12 months · AED 88 per sqft
1 Feb 2023RentedNew contract
AED 230,000/yr12 months · AED 87 per sqft
15 Mar 2020Sold by developerOff-plan
AED 2,974,983AED 1,036 per sqft

Source: Dubai Land Department. Updated 4 November 2024.

Key facts

Type
2-bed apartment
Size
2,651 sqft
Floor
Ground of 9
Parking
B-1
Developer
Bolton Real Estate Development
Completed
2022
Last sold
AED 3.35M · November 2024

About N001, The Terraces North

N001 is a two-bedroom apartment of 2,651 sqft on the ground floor of The Terraces North, a 9-storey tower in Sobha Hartland completed in 2022 by Bolton Real Estate Development. It last sold on 4 November 2024 for AED 3,350,000, or AED 1,263 per sqft, 27% below the AED 1,739 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 234,000 a year: a gross yield of 7.0% on the 2024 price.

Sales and rents for N001 over time

Sales
Unit N001, each saleTypical two-bed in The Terraces North
2M3M2019202120232025Typical sale price by year: 2019 AED 1,659,081; 2020 AED 1,559,485; 2022 AED 1,465,000; 2023 AED 2,000,000; 2024 AED 2,200,000; 2025 AED 2,572,500Sold by developer, March 2020: AED 2,974,983 (AED 1,036 per sqft)Sold, November 2024: AED 3,350,000 (AED 1,263 per sqft)

N001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit N001, each contractTypical two-bed in The Terraces North
150K200K250K20232024202520262027Typical rent by year: 2023 AED 130,000; 2024 AED 139,500; 2025 AED 140,195; 2026 AED 155,000New contract, February 2023: AED 230,000 a yearRenewal, February 2024: AED 234,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Terraces North, and where N001 sits

All 68 2-beds →

N001 last sold in November 2024 at AED 1,263 per sqft, 27% below what two-beds in The Terraces North were fetching at the time (AED 1,739). Over the last 12 months two-beds sold for AED 2,275,000 to 3,600,000, around AED 1,642 per sqft, and rent for AED 120,000 to 240,000 a year. N001's AED 234,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Feb 20263,600,000
27 Nov 20252,275,000
16 Oct 20252,180,000
2 Sep 20252,100,000
2 2-bed sales in the last 12 months

The Terraces North

Building

124 apartments, 1-bed to 3-bed over 9 floors in Sobha Hartland, completed in 2022 by Bolton Real Estate Development. 4 sold in the last 12 months.

Typical price per sqft
AED 1,989
Typical sale
AED 2.94M
Typical rent
AED 132K /yr
Typical yield
6.3%
The Terraces North, Sobha Hartland: prices, sales and rents →

Other units on the ground floor

All 124 units in The Terraces North
Value
N0022-bedAED 3.55M · Mar 2025
N0032-bedAED 3.35M · Jan 2025
N0042-bedAED 3.2M · Dec 2024
N0052-bedAED 3.6M · Feb 2026
N0062-bedAED 1.84M · Mar 2020
N0072-bedAED 2.3M · Mar 2023
N0082-bedAED 1.81M · Dec 2019
1–7 of 23

N001, The Terraces North in numbers

  • Sold twice: first on 15 March 2020 for AED 2,974,983, last on 4 November 2024 for AED 3,350,000 (AED 1,263 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, from AED 230,000 to AED 234,000 a year.
  • At AED 234,000 a year the gross yield on the 2024 price is 7.0%.
  • Two-beds in The Terraces North sold for AED 2,275,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,989 per sqft.

Source: Dubai Land Department. Updated 4 November 2024.

Questions about N001, The Terraces North

What did unit N001 last sell for?

AED 3,350,000 on 4 November 2024: AED 1,263 per sqft for 2,651 sqft. The unit has 2 registered sales; the first was AED 2,974,983 in March 2020.

What is the rent for unit N001?

AED 234,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 230,000.

How big is unit N001?

2,651 sqft (246.3 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2022.

What is unit N001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Terraces North sold for AED 2,275,000 to 3,600,000 in the last 12 months, around AED 1,642 per sqft.

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Mortgage on N001, The Terraces North

Starts from the last sale price (AED 3.35M, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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