N408, The Terraces North
Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for N408, The Terraces North
What is N408 worth today?
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Source: Dubai Land Department. Updated 14 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,129 sqft
- Floor
- 4th of 9
- Parking
- 1
- Developer
- Bolton Real Estate Development
- Completed
- 2022
- Last sold
- AED 1.33M · February 2020
- Building
- The Terraces North
About N408, The Terraces North
N408 is a two-bedroom apartment of 1,129 sqft on the 4th floor of The Terraces North, a 9-storey tower in Sobha Hartland completed in 2022 by Bolton Real Estate Development. The developer sold it on 10 February 2020 for AED 1,329,489, or AED 1,177 per sqft, in line with the AED 1,189 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 14 June 2024, is AED 130,000 a year: a gross yield of 9.8% on the 2020 price.
Sales and rents for N408 over time
N408 has sold once; the dashed line is the two-bed median of each year in the building.
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 N408 sits
All 68 2-beds →N408 last sold in February 2020 at AED 1,177 per sqft, in line with what two-beds in The Terraces North were fetching at the time (AED 1,189). 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. N408's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 2,858 sqft | 3,600,000 | 1,259 | ||
| 27 Nov 202527 November 2025 | 1,124 sqft | 2,275,000 | 2,024 | ||
| 16 Oct 202516 October 2025 | 1,150 sqft | 2,180,000 | 1,895 | ||
| 2 Sep 20252 September 2025 | 1,132 sqft | 2,100,000 | 1,854 |
The Terraces North
Building124 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%
Other units on the 4th floor
All 124 units in The Terraces North| ValueToday's value | |||||
|---|---|---|---|---|---|
| N400 | 3-bed | 1,721 sqft | AED 2.7MAED 2,700,000 · Aug 2022August 2022 | ||
| N403 | 1-bed | 753 sqft | AED 905KAED 905,425 · Mar 2020March 2020 | 90,000 /yr | |
| N404 | 1-bed | 760 sqft | AED 1.1MAED 1,100,000 · Jun 2023June 2023 | ||
| N405 | 2-bed | 1,129 sqft | AED 1.33MAED 1,329,489 · Feb 2020February 2020 | 120,000 /yr | |
| N406 | 2-bed | 1,132 sqft | AED 1.95MAED 1,950,000 · Nov 2023November 2023 | ||
| N407 | 2-bed | 1,132 sqft | AED 1.5MAED 1,500,000 · Feb 2023February 2023 | ||
| N409 | 1-bed | 751 sqft | AED 953KAED 953,153 · Jun 2019June 2019 | 95,000 /yr | |
| N410 | 1-bed | 753 sqft | AED 1.49MAED 1,485,000 · Nov 2024November 2024 | ||
| N411 | 1-bed | 755 sqft | AED 1.6MAED 1,600,000 · Oct 2025October 2025 | 100,000 /yr | |
| N412 | 2-bed | 2,077 sqft | AED 3.2MAED 3,200,000 · Feb 2025February 2025 | 220,000 /yr | |
| N415 | 2-bed | 1,150 sqft | AED 1.92MAED 1,920,000 · Sep 2024September 2024 | ||
| N417 | 1-bed | 707 sqft | AED 901KAED 900,898 · Feb 2020February 2020 | 85,000 /yr | |
| N419 | 2-bed | 1,840 sqft | AED 2.45MAED 2,450,000 · Jun 2023June 2023 |
N408, The Terraces North in numbers
- Sold once: by Bolton Real Estate Development on 10 February 2020 for AED 1,329,489, or AED 1,177 per sqft.
- Rented since June 2023 on 2 Ejari contracts, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2020 price is 9.8%.
- 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 14 June 2024.
Questions about N408, The Terraces North
What did unit N408 last sell for?
AED 1,329,489 on 10 February 2020, sold by the developer: AED 1,177 per sqft for 1,129 sqft. It is the only registered sale of the unit.
What is the rent for unit N408?
AED 130,000 a year on the contract renewed on 14 June 2024. The previous contract, from June 2023, was AED 130,000.
How big is unit N408?
1,129 sqft (104.9 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2022.
What is unit N408 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 N408, The Terraces North
Starts from the last sale price (AED 1.33M, 10 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,329,489
- Deposit, UAE resident (20%)
- AED 265,898
- Deposit, non-resident (40%)
- AED 531,796
- Monthly over 25 years at 3.7%
- AED 5,439
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →