2-bed · 1,132 sqftThe Terraces North, Sobha Hartland · 4th floor · completed 2022

N407, The Terraces North

Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit N407 · DLD and Ejari recordsUpdated 13 February 2023
Last soldAED 1.5M13 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for N407, The Terraces North

What is N407 worth today?

Last sold for AED 1,500,000 in 2023

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13 Feb 2023SoldReady
AED 1,500,000AED 1,324 per sqft
13 Feb 2020Sold by developerOff-plan
AED 1,370,066AED 1,213 per sqft

Source: Dubai Land Department. Updated 13 February 2023.

Key facts

Type
2-bed apartment
Size
1,132 sqft
Floor
4th of 9
Parking
B-68
Developer
Bolton Real Estate Development
Completed
2022
Last sold
AED 1.5M · February 2023

About N407, The Terraces North

N407 is a two-bedroom apartment of 1,132 sqft on the 4th floor of The Terraces North, a 9-storey tower in Sobha Hartland completed in 2022 by Bolton Real Estate Development. It last sold on 13 February 2023 for AED 1,500,000, or AED 1,324 per sqft, in line with the AED 1,304 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for N407 over time

Sales
Unit N407, 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 1,370,066 (AED 1,213 per sqft)Sold, February 2023: AED 1,500,000 (AED 1,324 per sqft)

N407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit N407, each contractTypical two-bed in The Terraces North
140K20232024202520262027Typical rent by year: 2023 AED 130,000; 2024 AED 139,500; 2025 AED 140,195; 2026 AED 155,000

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 N407 sits

All 68 2-beds →

N407 last sold in February 2023 at AED 1,324 per sqft, in line with what two-beds in The Terraces North were fetching at the time (AED 1,304). 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.

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 4th floor

All 124 units in The Terraces North
Value
N4003-bedAED 2.7M · Aug 2022
N4031-bedAED 905K · Mar 2020
N4041-bedAED 1.1M · Jun 2023
N4052-bedAED 1.33M · Feb 2020
N4062-bedAED 1.95M · Nov 2023
N4082-bedAED 1.33M · Feb 2020
N4091-bedAED 953K · Jun 2019
1–7 of 13

N407, The Terraces North in numbers

  • Sold twice: first on 13 February 2020 for AED 1,370,066, last on 13 February 2023 for AED 1,500,000 (AED 1,324 per sqft).
  • 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 13 February 2023.

Questions about N407, The Terraces North

What did unit N407 last sell for?

AED 1,500,000 on 13 February 2023: AED 1,324 per sqft for 1,132 sqft. The unit has 2 registered sales; the first was AED 1,370,066 in February 2020.

How big is unit N407?

1,132 sqft (105.2 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2022.

What is unit N407 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 N407, The Terraces North

Starts from the last sale price (AED 1.5M, 13 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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