2-bed · 1,656 sqftThe Terraces South, Sobha Hartland · Ground floor · completed 2022

S038, The Terraces South

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 S038 · DLD and Ejari recordsUpdated 23 February 2023
Last soldAED 2.29M23 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S038, The Terraces South

What is S038 worth today?

Last sold for AED 2,290,000 in 2023

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23 Feb 2023SoldReady
AED 2,290,000AED 1,383 per sqft
27 Feb 2020Sold by developerOff-plan
AED 1,866,511AED 1,122 per sqft

Source: Dubai Land Department. Updated 23 February 2023.

Key facts

Type
2-bed apartment
Size
1,656 sqft
Floor
Ground of 9
Parking
B-150
Developer
Bolton Real Estate Development
Completed
2022
Last sold
AED 2.29M · February 2023

About S038, The Terraces South

S038 is a two-bedroom apartment of 1,656 sqft on the ground floor of The Terraces South, a 9-storey tower in Sobha Hartland completed in 2022 by Bolton Real Estate Development. It last sold on 23 February 2023 for AED 2,290,000, or AED 1,383 per sqft, 4% above the AED 1,325 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for S038 over time

Sales
Unit S038, each saleTypical two-bed in The Terraces South
2M3M20192021202320252027Typical sale price by year: 2019 AED 2,179,757; 2020 AED 1,441,763; 2023 AED 1,837,500; 2025 AED 2,950,000; 2026 AED 2,950,000Sold by developer, February 2020: AED 1,866,511 (AED 1,122 per sqft)Sold, February 2023: AED 2,290,000 (AED 1,383 per sqft)

S038 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit S038, each contractTypical two-bed in The Terraces South
140K20232024202520262027Typical rent by year: 2023 AED 127,000; 2024 AED 141,500; 2025 AED 150,000; 2026 AED 148,000

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 South, and where S038 sits

All 59 2-beds →

S038 last sold in February 2023 at AED 1,383 per sqft, 4% above what two-beds in The Terraces South were fetching at the time (AED 1,325). Over the last 12 months two-beds sold for AED 2,042,000 to 3,450,000, around AED 1,962 per sqft, and rent for AED 120,000 to 255,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20262,950,000
21 Sep 20263,250,000
23 Jul 20262,042,000
17 Jul 20263,300,000
11 2-bed sales in the last 12 months

The Terraces South

Building

121 apartments, 1-bed to 3-bed over 9 floors in Sobha Hartland, completed in 2022 by Bolton Real Estate Development. 14 sold in the last 12 months.

Typical price per sqft
AED 1,969
Typical sale
AED 2.22M
Typical rent
AED 115K /yr
Typical yield
6.2%
The Terraces South, Sobha Hartland: prices, sales and rents →

Other units on the ground floor

All 121 units in The Terraces South
Value
S0212-bedAED 3.65M · Mar 2025
S0222-bedAED 1.69M · Mar 2020
S0232-bedAED 3.45M · Jun 2026
S0242-bedAED 2.67M · Mar 2020
S0262-bedAED 1.75M · Jul 2020
S0292-bedAED 2.95M · Feb 2025
S0302-bedAED 1.88M · Aug 2020
1–7 of 14

S038, The Terraces South in numbers

  • Sold twice: first on 27 February 2020 for AED 1,866,511, last on 23 February 2023 for AED 2,290,000 (AED 1,383 per sqft).
  • Two-beds in The Terraces South sold for AED 2,042,000–3,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,969 per sqft.

Source: Dubai Land Department. Updated 23 February 2023.

Questions about S038, The Terraces South

What did unit S038 last sell for?

AED 2,290,000 on 23 February 2023: AED 1,383 per sqft for 1,656 sqft. The unit has 2 registered sales; the first was AED 1,866,511 in February 2020.

How big is unit S038?

1,656 sqft (153.8 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2022.

What is unit S038 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 South sold for AED 2,042,000 to 3,450,000 in the last 12 months, around AED 1,962 per sqft.

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Mortgage on S038, The Terraces South

Starts from the last sale price (AED 2.29M, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,290,000
Deposit, UAE resident (20%)
AED 458,000
Deposit, non-resident (40%)
AED 916,000
Monthly over 25 years at 3.7%
AED 9,369

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