1-bed · 755 sqftThe Terraces South, Sobha Hartland · 5th floor · completed 2022

S524, The Terraces South

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

Unit S524 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 1.43M29 August 2024
Current rentAED 85K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S524, The Terraces South

What is S524 worth today?

Last sold for AED 1,425,000 in 2024

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29 Aug 2024SoldReady
AED 1,425,000AED 1,887 per sqft
1 Mar 2023RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft
6 Feb 2020Sold by developerOff-plan
AED 909,792AED 1,201 per sqft

Source: Dubai Land Department. Updated 29 August 2024.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
5th of 9
Parking
B-202
Developer
Bolton Real Estate Development
Completed
2022
Last sold
AED 1.43M · August 2024

About S524, The Terraces South

S524 is a one-bedroom apartment of 755 sqft on the 5th floor of The Terraces South, a 9-storey tower in Sobha Hartland completed in 2022 by Bolton Real Estate Development. It last sold on 29 August 2024 for AED 1,425,000, or AED 1,887 per sqft, 6% above the AED 1,784 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2023. The current contract, signed on 1 March 2023, is AED 85,000 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for S524 over time

Sales
Unit S524, 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 909,792 (AED 1,201 per sqft)Sold, August 2024: AED 1,425,000 (AED 1,887 per sqft)

S524 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit S524, each contractTypical one-bed in The Terraces South
85K90K20232024202520262027Typical rent by year: 2023 AED 84,304; 2024 AED 90,000; 2025 AED 93,000; 2026 AED 90,000New contract, March 2023: AED 85,000 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 S524 sits

All 57 1-beds →

S524 last sold in August 2024 at AED 1,887 per sqft, 6% above what one-beds in The Terraces South were fetching at the time (AED 1,784). 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. S524's AED 85,000 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 5th floor

All 121 units in The Terraces South
Value
S5201-bedAED 872K · Aug 2019
S5231-bedAED 967K · Jun 2019
S5252-bedAED 2.2M · Jan 2026
S5262-bedAED 1.2M · Aug 2021
S5272-bedAED 1.27M · Feb 2020
S5282-bedAED 1.32M · Feb 2020
S5291-bedAED 902K · Feb 2020
1–7 of 11

S524, The Terraces South in numbers

  • Sold twice: first on 6 February 2020 for AED 909,792, last on 29 August 2024 for AED 1,425,000 (AED 1,887 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 6.0%.
  • 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 29 August 2024.

Questions about S524, The Terraces South

What did unit S524 last sell for?

AED 1,425,000 on 29 August 2024: AED 1,887 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 909,792 in February 2020.

What is the rent for unit S524?

AED 85,000 a year on the contract signed on 1 March 2023.

How big is unit S524?

755 sqft (70.1 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2022.

What is unit S524 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 S524, The Terraces South

Starts from the last sale price (AED 1.43M, 29 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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