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2-bed · 1,370 sqftThe Terraces North, Sobha Hartland · Ground floor · completed 2022

N011, The Terraces North

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

Unit N011 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 2M9 May 2023
Current rentAED 160K /yr19 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for N011, The Terraces North

What is N011 worth today?

Last sold for AED 2,000,000 in 2023

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9 May 2023SoldReady
AED 2,000,000AED 1,459 per sqft
19 Feb 2023RentedNew contract
AED 160,000/yr12 months · AED 117 per sqft
1 Apr 2020Sold by developerOff-plan
AED 1,747,734AED 1,274 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type
2-bed apartment
Size
1,370 sqft
Floor
Ground of 9
Parking
B-11
Developer
Bolton Real Estate Development
Completed
2022
Last sold
AED 2M · May 2023
Building
The Terraces North

About N011, The Terraces North

N011 is a two-bedroom apartment of 1,370 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 9 May 2023 for AED 2,000,000, or AED 1,459 per sqft, 11% above the AED 1,316 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 February 2023. The current contract, signed on 19 February 2023, is AED 160,000 a year: a gross yield of 8.0% on the 2023 price.

Sales and rents for N011 over time

Sales
Unit N011, each saleTypical two-bed in The Terraces North
2M2019202120232025Typical 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, April 2020: AED 1,747,734 (AED 1,274 per sqft)Sold, May 2023: AED 2,000,000 (AED 1,459 per sqft)

N011 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit N011, each contractTypical two-bed in The Terraces North
140K160K20232024202520262027Typical rent by year: 2023 AED 130,000; 2024 AED 139,500; 2025 AED 140,195; 2026 AED 155,000New contract, February 2023: AED 160,000 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 N011 sits

All 68 2-beds →

N011 last sold in May 2023 at AED 1,459 per sqft, 11% above what two-beds in The Terraces North were fetching at the time (AED 1,316). 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. N011's AED 160,000 is in the lower 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
N0012-bedAED 3.35M · Nov 2024
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
1–7 of 23

N011, The Terraces North in numbers

  • Sold twice: first on 1 April 2020 for AED 1,747,734, last on 9 May 2023 for AED 2,000,000 (AED 1,459 per sqft).
  • Rented since February 2023 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 8.0%.
  • 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 9 May 2023.

Questions about N011, The Terraces North

What did unit N011 last sell for?

AED 2,000,000 on 9 May 2023: AED 1,459 per sqft for 1,370 sqft. The unit has 2 registered sales; the first was AED 1,747,734 in April 2020.

What is the rent for unit N011?

AED 160,000 a year on the contract signed on 19 February 2023.

How big is unit N011?

1,370 sqft (127.3 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2022.

What is unit N011 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 N011, The Terraces North

Starts from the last sale price (AED 2M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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