1-bed · 751 sqftThe Terraces South, Sobha Hartland · 3rd floor · completed 2022

S323, The Terraces South

Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit S323 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 1.35M30 July 2024
Current rentAED 98K /yr16 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S323, The Terraces South

What is S323 worth today?

Last sold for AED 1,350,000 in 2024

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16 Sep 2024RentedNew contract
AED 98,000/yr12 months · AED 130 per sqft
30 Jul 2024SoldReady
AED 1,350,000AED 1,797 per sqft
17 Jan 2024RentedRenewal
AED 78,750/yr12 months · AED 105 per sqft
17 Jan 2023RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
10 May 2021SoldOff-plan
AED 750,000AED 995 per sqft
10 Feb 2020Sold by developerOff-plan
AED 869,075AED 1,153 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
1-bed apartment
Size
751 sqft
Floor
3rd of 9
Parking
B-174
Developer
Bolton Real Estate Development
Completed
2022
Last sold
AED 1.35M · July 2024

About S323, The Terraces South

S323 is a one-bedroom apartment of 751 sqft on the 3rd floor of The Terraces South, a 9-storey tower in Sobha Hartland completed in 2022 by Bolton Real Estate Development. It last sold on 30 July 2024 for AED 1,350,000, or AED 1,797 per sqft, 7% above the AED 1,678 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 16 September 2024, is AED 98,000 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for S323 over time

Sales
Unit S323, 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, February 2020: AED 869,075 (AED 1,153 per sqft)Sold, May 2021: AED 750,000 (AED 995 per sqft)Sold, July 2024: AED 1,350,000 (AED 1,797 per sqft)

S323 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit S323, each contractTypical one-bed in The Terraces South
80K100K20232024202520262027Typical rent by year: 2023 AED 84,304; 2024 AED 90,000; 2025 AED 93,000; 2026 AED 90,000New contract, January 2023: AED 75,000 a yearRenewal, January 2024: AED 78,750 a yearNew contract, September 2024: AED 98,000 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 S323 sits

All 57 1-beds →

S323 last sold in July 2024 at AED 1,797 per sqft, 7% above what one-beds in The Terraces South were fetching at the time (AED 1,678). 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. S323's AED 98,000 is in the lower half 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 3rd floor

All 121 units in The Terraces South
Value
S3201-bedAED 1.1M · Mar 2023
S3221-bedAED 1.14M · Jul 2020
S3241-bedAED 882K · Feb 2020
S3252-bedAED 1.34M · Feb 2020
S3262-bedAED 1.7M · May 2023
S3272-bedAED 815K · Jun 2023
S3282-bedAED 1.3M · Feb 2020
1–7 of 12

S323, The Terraces South in numbers

  • Sold 3 times: first on 10 February 2020 for AED 869,075, last on 30 July 2024 for AED 1,350,000 (AED 1,797 per sqft).
  • Rented since January 2023 on 3 Ejari contracts, from AED 75,000 to AED 98,000 a year.
  • At AED 98,000 a year the gross yield on the 2024 price is 7.3%.
  • 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 16 September 2024.

Questions about S323, The Terraces South

What did unit S323 last sell for?

AED 1,350,000 on 30 July 2024: AED 1,797 per sqft for 751 sqft. The unit has 3 registered sales; the first was AED 869,075 in February 2020.

What is the rent for unit S323?

AED 98,000 a year on the contract signed on 16 September 2024. The previous contract, from January 2024, was AED 78,750; the unit has been rented since January 2023.

How big is unit S323?

751 sqft (69.8 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2022.

What is unit S323 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.

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Mortgage on S323, The Terraces South

Starts from the last sale price (AED 1.35M, 30 July 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 →