2-bed · 1,129 sqftThe Terraces North, Sobha Hartland · 5th floor · completed 2022

N506, The Terraces North

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit N506 · DLD and Ejari recordsUpdated 5 February 2023
Last soldAED 1.36M10 February 2020
Current rentAED 105K /yr5 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for N506, The Terraces North

What is N506 worth today?

Last sold for AED 1,356,079 in 2020

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5 Feb 2023RentedNew contract
AED 105,000/yr12 months · AED 94 per sqft
10 Feb 2020Sold by developerOff-plan
AED 1,356,079AED 1,200 per sqft

Source: Dubai Land Department. Updated 5 February 2023.

Key facts

Type
2-bed apartment
Size
1,129 sqft
Floor
5th of 9
Parking
1
Developer
Bolton Real Estate Development
Completed
2022
Last sold
AED 1.36M · February 2020

About N506, The Terraces North

N506 is a two-bedroom apartment of 1,129 sqft on the 5th 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 1,356,079, or AED 1,200 per sqft, in line with the AED 1,189 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 February 2023. The current contract, signed on 5 February 2023, is AED 105,000 a year: a gross yield of 7.7% on the 2020 price.

Sales and rents for N506 over time

Sales
Unit N506, 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 1,356,079 (AED 1,200 per sqft)

N506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit N506, each contractTypical two-bed in The Terraces North
100K125K150K20232024202520262027Typical rent by year: 2023 AED 130,000; 2024 AED 139,500; 2025 AED 140,195; 2026 AED 155,000New contract, February 2023: AED 105,000 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 N506 sits

All 68 2-beds →

N506 last sold in February 2020 at AED 1,200 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. N506's AED 105,000 is at the bottom 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 5th floor

All 124 units in The Terraces North
Value
N5003-bedAED 2.15M · Nov 2020
N5031-bedAED 1.13M · Apr 2023
N5041-bedAED 825K · May 2021
N5052-bedAED 2.1M · Apr 2024
N5072-bedAED 2.28M · Nov 2025
N5082-bedAED 1.33M · Feb 2020
N5091-bedAED 893K · Feb 2020
1–7 of 11

N506, The Terraces North in numbers

  • Sold once: by Bolton Real Estate Development on 10 February 2020 for AED 1,356,079, or AED 1,200 per sqft.
  • Rented since February 2023 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2020 price is 7.7%.
  • 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 5 February 2023.

Questions about N506, The Terraces North

What did unit N506 last sell for?

AED 1,356,079 on 10 February 2020, sold by the developer: AED 1,200 per sqft for 1,129 sqft. It is the only registered sale of the unit.

What is the rent for unit N506?

AED 105,000 a year on the contract signed on 5 February 2023.

How big is unit N506?

1,129 sqft (104.9 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2022.

What is unit N506 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 N506, The Terraces North

Starts from the last sale price (AED 1.36M, 10 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,356,079
Deposit, UAE resident (20%)
AED 271,216
Deposit, non-resident (40%)
AED 542,432
Monthly over 25 years at 3.7%
AED 5,548

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