The Terraces N
A 2 bed in The Terraces N costs a median AED 2.27M, rents long-let for AED 158,000/yr (7.0% gross), and returns 7.5% short-term at the assumed 70% occupancy.
2 bed · typical price
2.27MAED
AED 1,896/sqft
- Rent a year
- AED 158,000
- Yield after service charge
- 6.0%
- vs Sobha Hartland
- 6% below the median
Cost to buy, all inAED 2.42M
- Price
- AED 2.27M
- DLD fee 4%
- AED 91,000
- Agent 2% + VAT
- AED 47,775
- Trustee
- AED 4,200
Fees repaid by net rent13 months
Is The Terraces N a good investment?Prices rising, with nothing to watch
- Does it pay a good rent?7.0% gross, 6.0% after the service charge (Dubai median 6.8%)7.0%Fair
- Are rents going up?New 2 bed leases: AED 165,000 a year ago, AED 158,000 now (pooled across the project)-4.2%
- Are prices going up?All types: AED 1,893/sqft a year ago, 1,989 now+5.1%Strength
- How fast do fees pay back?AED 142,975 in fees to buy a 2 bed; net rent covers it in 1.1 years1.1 yrsFair
- Can I sell easily?6 sales in 12 months (14 the year before)6
- Did earlier buyers gain?Up 77% for buyers 5 years ago; up 64% for launch buyers, before fees+77.3%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
The Terraces N prices and rents by unit typeA two-bed costs about AED 2.27M and rents for about AED 158,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Sobha Hartland · area median AED 2,010/sqft
- vs area median
- -5.7%
- Rank by price per sqft
- 20th of 26
- Off-plan price gain, 2019–2022
- +58.7% · +8.8%/yr
Rental income
2 bed · Sobha Hartland
- Gross yield
- 7.0%
- Median new rent
- AED 158,000/yr
- Yield vs area median
- +1.0 pts
- Yield vs Dubai (6.8%)
- +0.2 pts
- Yield rank
- 2nd of 23
- Renewal rent
- AED 141,409/yr
- New tenants pay vs sitting (18 renewals)
- +11.7%
Short-term income
2 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 880
- Net revenue
- AED 169,753/yr
- vs long-let rent
- 1.1×
- Listings seen
- 16+
Read with care
- Rental data covers the whole The Terraces project, not this tower alone.
- Thin sample — 3 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: Jun 2019, AED 1,575,937; latest, Feb 2026, AED 3,600,000; peak, Feb 2026, AED 3,600,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,989 · before fees
- Launch, 2019–22
- 1,214
- +64%
- 112 sales
- 5 years ago
- 1,122
- +77%
- 6 sales
- 3 years ago
- 1,460
- +36%
- 48 sales
- Previous 12 months
- 1,893
- +5%
- 14 sales
- Last 12 months
- 1,989
- today
- 6 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
6 resales in the last 12 months, against 25 a year on average over 2023–2025.
6 resales in the last 12 months.
Short-term rates around The Terraces N
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Sobha Hartland
Every Sobha Hartland building with a page, ranked by price per sqft over the same 12 months, all unit types. The Terraces N places 18th of 32; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against The Terraces N (AED 1,989/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, The Terraces N has registered sale prices 6% below the Sobha Hartland median price per square foot of 2,010 AED, across 26 eligible buildings. It ranks 20th of 26 by price per square foot and 2nd of 23 by gross yield in Sobha Hartland.
Market context in Sobha Hartland
Registered sales activity
905 ready apartment sales in the 12 months to 2026-10-12.
-2.0% in median AED/sqft versus the preceding year, supported by 905 current and 833 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
0 apartments are planned in Sobha Hartland from 2026 to 2028, equal to 0% of the 4,462 homes let there today.
Ready prices per sqft fell in 45% of 38 buildings (counted once per bedroom type) in Sobha Hartland with sales in both years; the typical one moved +0.9%.
New-lease rents fell in 88% of 17 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.9%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The The Terraces towers
2 towers in The Terraces, at the bedroom type above.
Ejari files The Terraces’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Sobha Hartland: every development at this typeSobha Hartland: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.
About The Terraces N
The Terraces N is an apartment building completed in 2022 in Sobha Hartland. 216 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 18.22/sqft a year · 2026 budget
Drive times · typical
- Downtown
- 18 min · 11 km
- DXB Airport
- 16 min · 15 km
- DIFC
- 14 min · 12 km
- Dubai Marina
- 26 min · 28 km
- Palm Jumeirah
- 32 min · 33 km
Nearest, as registered
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
The Terraces N: AED 1,989 per sq ft, level with the median Sobha Hartland building, and a 6.3% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- The Terraces NAED 1,989
- Sobha Hartland, readyAED 2,037
- Sobha Hartland, off-planAED 2,022
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
The Terraces NSobha Hartland median building
- Sobha Hartland6.3% vs 6.3%
Nearby in Sobha Hartland
Prices per sq ft around The Terraces N, on the mapPrices per sq ft around The Terraces N, on the map
The Terraces S
Sobha Hartland · 13 sales, 12 months
2.20M
AED, resale median · 1,965/sqft
Sobha Hartland - Crest Grande
Sobha Hartland · 190 sales, 12 months
2.70M
AED, resale median · 1,952/sqft
Sobha Hartland - The Crest Tower B
Sobha Hartland · 81 sales, 12 months
1.35M
AED, resale median · 2,271/sqft
Sobha Hartland - The Crest Tower C
Sobha Hartland · 70 sales, 12 months
1.44M
AED, resale median · 2,283/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedRead with care
- Rental evidence · 2 bedRead with care
- Service chargeAED 18.22/sqft a year, 2026 owners-association budget; 6.0% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from The Terraces N’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 10,116AED
- 4.5% over 25 years
- Monthly rent
- 13,167AED
- AED 158,000 a year
- Cash needed at purchase
- 623,725AED
- 20% down plus AED 168,725 in fees
Owning costs AED 593,736 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in The Terraces N?
- The Terraces N returns 7.0% gross: a median new-contract rent of AED 158,000 a year (35 Ejari contracts in 12 months) over a price benchmark of AED 2.27M (median of 3 sales in the last 12 months, latest Feb 2026), before service charge, agency fees or vacant months.
- How much does a 2 bedroom in The Terraces N cost?
- The median registered sale price is AED 2.27M (1,896 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How does The Terraces N compare with Sobha Hartland?
- Its 7.0% gross yield sits +1.0 pts against the Sobha Hartland median of 6.0%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- What is the registered annual rent for a 2 bedroom in The Terraces N?
- The median new annual rent is AED 158,000, from 35 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in The Terraces N risen or fallen?
- The median new annual rent changed -4.2% in the trailing 12 months against the previous 12, using 35 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
For agents
Send this page to a client as a branded report
The Terraces N sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 3 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/sobha-hartland/the-terraces-n
Cite as: Dubai Wealth Index. “The Terraces N sale prices and yield.” Sobha Hartland, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/sobha-hartland/the-terraces-n
Stable dataJSON