The Terraces N
A 2 bed in The Terraces N costs a median AED 2.87M, rents long-let for AED 160,000/yr (7.21% gross), and returns 6.68% short-let at the assumed 80% occupancy — +0.9 pts vs Sobha Hartland's 6.35% and +0.2 pts vs Dubai's 6.98% — from 17 sales and 65 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 2 bed
- 4 in 12 months
- Rental contracts · 2 bed
- 36 in 12 months
- Buy
- 2.87MAED
- AED 1,896/sqft
- Long-let
- 160,000AED
- AED 128/sqft · 7.21%
- Short-let
- 6.68%
- AED 880/night · 0.58/sqft
Priced off the last 5 sales — most recent February 2026.
- Yield spread
- +0.9 pts
- vs the Sobha Hartland median for this unit type
- Turnover upside
- +14.3%
- new tenants pay more than sitting ones — 34 renewals
- AED/yr/sqft
- AED 128
- Sales
- 17
- Rental contracts
- 65
- Renewal rent
- AED 139,962/yr
- 12 months
- -3.6%
- 3 years
- +17.8%+5.6%/yr
Based on 17 sales and 65 rental contracts in the last 24 months. Rental data covers the whole The Terraces project, not this tower alone.
The Terraces N is an apartment building in Sobha Hartland, Dubai, one of the towers in the The Terraces development. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2019 to 2026, 434 registered sales in all — the 17 in the last 24 months are what every median above is computed from.
Rent history
Median annual rent per sqft registered in The Terraces N, by year.
Chart data: Dec 2022, 102 AED/yr/sqft; latest, Aug 2026, 115 AED/yr/sqft; peak, Sep 2025, 131 AED/yr/sqft.
Rents by bedroom type
Deltas compare each yield with the Sobha Hartland median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around The Terraces N
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.78 AED/night/sqft; latest Sep 2027, 0.7 AED/night/sqft; peak Dec 2026, 1.08 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
7 resales in the last 12 months, against 25 a year on average over 2023–2025.
Sales
Nothing registered in the last 3 months. Try a wider window.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Compare with nearby buildings
The most-traded buildings in The Terraces, on the same figures over the same window.
- Highest rental yields in Sobha Hartland · The Terraces N places 17th of 27
- The Terraces S · 5.05%
- Sobha Hartland - The Crest Tower A · 3.50%
- Sobha Hartland - The Crest Tower C · 7.20%
- Sobha Hartland - The Crest Tower D · 3.45%
- Sobha Hartland - The Crest Tower B · 8.55%
- Sobha Creek Vistas Reserve · 6.81%
- Sobha Creek Vistas - Tower B · 8.76%
- Sobha Creek Vistas ? Tower A · 6.07%
Common questions
- What is the rental yield in The Terraces N?
- The Terraces N returns 7.21% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 65 rental contracts registered in the last 24 months.
- How much does a 2 bedroom in The Terraces N cost?
- The median registered sale price is AED 2.87M (1,896 AED/sqft), from 17 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- Have prices in The Terraces N risen or fallen?
- Median price per square foot moved -2.9% over the last 12 months against the 12 before it, on 17 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does The Terraces N compare with Sobha Hartland?
- Its 7.21% gross yield sits +0.9 pts against the Sobha Hartland median of 6.35%, computed at the same bedroom grain over the same 24-month window.
- Does The Terraces N earn more short-let than long-let?
- A night asks a median of AED 880, which models to 6.68% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.21% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
The Terraces N rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 65 registered rental contracts in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /rent/apartments/dubai/sobha-hartland/the-terraces-n
Cite as: Dubai Wealth Index. “The Terraces N rents and yield.” Sobha Hartland, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/sobha-hartland/the-terraces-n.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.