2-bed · 1,366 sqftThe Terraces North, Sobha Hartland · Ground floor · completed 2022

N016, The Terraces North

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit N016 · DLD and Ejari recordsUpdated 25 October 2026
Last soldAED 1.58M26 December 2021
Current rentAED 230K /yr25 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for N016, The Terraces North

What is N016 worth today?

Last sold for AED 1,580,000 in 2021

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25 Oct 2026RentedRenewal
AED 230,000/yr12 months · AED 170 per sqft
25 Oct 2025RentedNew contract
AED 220,000/yr12 months · AED 162 per sqft
1 Nov 2024RentedNew contract
AED 220,000/yr12 months · AED 162 per sqft
20 Oct 2024RentedNew contract
AED 220,000/yr12 months · AED 162 per sqft
1 Jan 2024RentedNew contract
AED 190,000/yr12 months · AED 140 per sqft
1 Jan 2023RentedNew contract
AED 170,000/yr12 months · AED 126 per sqft
26 Dec 2021SoldOff-plan
AED 1,580,000AED 1,156 per sqft
27 Feb 2020Sold by developerOff-plan
AED 1,740,596AED 1,274 per sqft

Source: Dubai Land Department. Updated 25 October 2026.

Key facts

Type
2-bed apartment
Size
1,366 sqft
Floor
Ground of 9
Parking
1
Developer
Bolton Real Estate Development
Completed
2022
Last sold
AED 1.58M · December 2021

About N016, The Terraces North

N016 is a two-bedroom apartment of 1,366 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 26 December 2021 for AED 1,580,000, or AED 1,156 per sqft.

It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, renewed on 25 October 2026, is AED 230,000 a year: a gross yield of 14.6% on the 2021 price.

Sales and rents for N016 over time

Sales
Unit N016, 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, February 2020: AED 1,740,596 (AED 1,274 per sqft)Sold, December 2021: AED 1,580,000 (AED 1,156 per sqft)

N016 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit N016, each contractTypical two-bed in The Terraces North
150K200K202320252027Typical rent by year: 2023 AED 130,000; 2024 AED 139,500; 2025 AED 140,195; 2026 AED 155,000New contract, January 2023: AED 170,000 a yearNew contract, January 2024: AED 190,000 a yearNew contract, October 2024: AED 220,000 a yearNew contract, November 2024: AED 220,000 a yearNew contract, October 2025: AED 220,000 a yearRenewal, October 2026: AED 230,000 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 N016 sits

All 68 2-beds →

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. N016's AED 230,000 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
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

N016, The Terraces North in numbers

  • Sold twice: first on 27 February 2020 for AED 1,740,596, last on 26 December 2021 for AED 1,580,000 (AED 1,156 per sqft).
  • Rented since January 2023 on 6 Ejari contracts, from AED 170,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2021 price is 14.6%.
  • 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 25 October 2026.

Questions about N016, The Terraces North

What did unit N016 last sell for?

AED 1,580,000 on 26 December 2021: AED 1,156 per sqft for 1,366 sqft. The unit has 2 registered sales; the first was AED 1,740,596 in February 2020.

What is the rent for unit N016?

AED 230,000 a year on the contract renewed on 25 October 2026. The previous contract, from October 2025, was AED 220,000; the unit has been rented since January 2023.

How big is unit N016?

1,366 sqft (126.9 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2022.

What is unit N016 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 N016, The Terraces North

Starts from the last sale price (AED 1.58M, 26 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,000
Deposit, UAE resident (20%)
AED 316,000
Deposit, non-resident (40%)
AED 632,000
Monthly over 25 years at 3.7%
AED 6,464

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