1-bed · 762 sqftThe Terraces South, Sobha Hartland · 2nd floor · completed 2022

S231, The Terraces South

Sold prices and rental history: sold twice, last in May 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit S231 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 1.35M2 May 2024
Current rentAED 80K /yr2 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S231, The Terraces South

What is S231 worth today?

Last sold for AED 1,350,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 May 2024SoldReady
AED 1,350,000AED 1,771 per sqft
2 May 2024RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
15 Apr 2023RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
24 Mar 2020Sold by developerOff-plan
AED 865,202AED 1,154 per sqft

Source: Dubai Land Department. Updated 2 May 2024.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
2nd of 9
Parking
B-165
Developer
Bolton Real Estate Development
Completed
2022
Last sold
AED 1.35M · May 2024

About S231, The Terraces South

S231 is a one-bedroom apartment of 762 sqft on the 2nd floor of The Terraces South, a 9-storey tower in Sobha Hartland completed in 2022 by Bolton Real Estate Development. It last sold on 2 May 2024 for AED 1,350,000, or AED 1,771 per sqft, 7% above the AED 1,659 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 2 May 2024, is AED 80,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for S231 over time

Sales
Unit S231, each saleTypical one-bed in The Terraces South
1M1.5M20192021202320252027Typical sale price by year: 2019 AED 939,417; 2020 AED 910,536; 2022 AED 930,750; 2023 AED 1,150,000; 2024 AED 1,387,500; 2026 AED 1,500,000Sold by developer, March 2020: AED 865,202 (AED 1,154 per sqft)Sold, May 2024: AED 1,350,000 (AED 1,771 per sqft)

S231 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit S231, each contractTypical one-bed in The Terraces South
80K90K20232024202520262027Typical rent by year: 2023 AED 84,304; 2024 AED 90,000; 2025 AED 93,000; 2026 AED 90,000New contract, April 2023: AED 80,000 a yearNew contract, May 2024: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Terraces South, and where S231 sits

All 57 1-beds →

S231 last sold in May 2024 at AED 1,771 per sqft, 7% above what one-beds in The Terraces South were fetching at the time (AED 1,659). Over the last 12 months one-beds sold for AED 1,325,000 to 2,000,000, around AED 1,991 per sqft, and rent for AED 80,000 to 120,000 a year. S231's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 20261,325,000
3 Jun 20261,500,000
17 Mar 20262,000,000
2 Jul 20251,480,000
3 1-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 2nd floor

All 121 units in The Terraces South
Value
S2201-bedAED 1.15M · Dec 2023
S2221-bedAED 1.12M · Jul 2020
S2231-bedAED 1.09M · Apr 2023
S2241-bedAED 856K · Oct 2019
S2252-bedAED 1.31M · Feb 2020
S2262-bedAED 2.15M · Feb 2025
S2272-bedAED 1.36M · Feb 2020
1–7 of 16

S231, The Terraces South in numbers

  • Sold twice: first on 24 March 2020 for AED 865,202, last on 2 May 2024 for AED 1,350,000 (AED 1,771 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.9%.
  • One-beds in The Terraces South sold for AED 1,325,000–2,000,000 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 2 May 2024.

Questions about S231, The Terraces South

What did unit S231 last sell for?

AED 1,350,000 on 2 May 2024: AED 1,771 per sqft for 762 sqft. The unit has 2 registered sales; the first was AED 865,202 in March 2020.

What is the rent for unit S231?

AED 80,000 a year on the contract signed on 2 May 2024. The previous contract, from April 2023, was AED 80,000.

How big is unit S231?

762 sqft (70.8 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2022.

What is unit S231 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Terraces South sold for AED 1,325,000 to 2,000,000 in the last 12 months, around AED 1,991 per sqft.

Selling S231? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S231, The Terraces South

Starts from the last sale price (AED 1.35M, 2 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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