1-bed · 501 sqftThe Terraces South, Sobha Hartland · 6th floor · completed 2022

S622, The Terraces South

Sold prices and rental history: sold twice, last in November 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit S622 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 617K28 November 2022
Current rentAED 120K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S622, The Terraces South

What is S622 worth today?

Last sold for AED 616,722 in 2022

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1 Sep 2024RentedNew contract
AED 120,000/yr12 months · AED 120 per sqft
16 Feb 2024RentedRenewal
AED 85,000/yr12 months · AED 85 per sqft
5 Feb 2023RentedNew contract
AED 82,396/yr12 months · AED 82 per sqft
28 Nov 2022SoldOff-plan
AED 616,722AED 1,230 per sqft
18 Mar 2020Sold by developerOff-plan
AED 1,233,444AED 1,229 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
501 sqft
Floor
6th of 9
Parking
B-213
Developer
Bolton Real Estate Development
Completed
2022
Last sold
AED 617K · November 2022

About S622, The Terraces South

S622 is a one-bedroom apartment of 501 sqft on the 6th floor of The Terraces South, a 9-storey tower in Sobha Hartland completed in 2022 by Bolton Real Estate Development. It last sold on 28 November 2022 for AED 616,722, or AED 1,230 per sqft, in line with the AED 1,210 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 1 September 2024, is AED 120,000 a year: a gross yield of 19.5% on the 2022 price.

Sales and rents for S622 over time

Sales
Unit S622, each saleTypical one-bed in The Terraces South
500K1M1.5M20192021202320252027Typical 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 1,233,444 (AED 1,229 per sqft)Sold, November 2022: AED 616,722 (AED 1,230 per sqft)

S622 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit S622, each contractTypical one-bed in The Terraces South
80K100K120K20232024202520262027Typical rent by year: 2023 AED 84,304; 2024 AED 90,000; 2025 AED 93,000; 2026 AED 90,000New contract, February 2023: AED 82,396 a yearRenewal, February 2024: AED 85,000 a yearNew contract, September 2024: AED 120,000 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 S622 sits

All 57 1-beds →

S622 last sold in November 2022 at AED 1,230 per sqft, in line with what one-beds in The Terraces South were fetching at the time (AED 1,210). 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. S622's AED 120,000 is at the top 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 6th floor

All 121 units in The Terraces South
Value
S6201-bedAED 1.05M · Dec 2022
S6231-bedAED 922K · Jan 2020
S6241-bedAED 1.2M · Mar 2023
S6252-bedAED 1.27M · Feb 2020
S6262-bedAED 2.1M · May 2026
S6272-bedAED 1.27M · Feb 2020
S6282-bedAED 1.41M · Feb 2020
1–7 of 14

S622, The Terraces South in numbers

  • Sold twice: first on 18 March 2020 for AED 1,233,444, last on 28 November 2022 for AED 616,722 (AED 1,230 per sqft).
  • Rented since February 2023 on 3 Ejari contracts, from AED 82,396 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 19.5%.
  • 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 1 September 2024.

Questions about S622, The Terraces South

What did unit S622 last sell for?

AED 616,722 on 28 November 2022: AED 1,230 per sqft for 501 sqft. The unit has 2 registered sales; the first was AED 1,233,444 in March 2020.

What is the rent for unit S622?

AED 120,000 a year on the contract signed on 1 September 2024. The previous contract, from February 2024, was AED 85,000; the unit has been rented since February 2023.

How big is unit S622?

501 sqft (46.5 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2022.

What is unit S622 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 S622, The Terraces South

Starts from the last sale price (AED 617K, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 616,722
Deposit, UAE resident (20%)
AED 123,344
Deposit, non-resident (40%)
AED 246,689
Monthly over 25 years at 3.7%
AED 2,523

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