The Terraces, Sobha Hartland: sale prices and transactions
The Terraces is a project registered with the Dubai Land Department (project no. 2013) in Sobha Hartland. Since June 2019, 421 residential sales have been registered there, the latest in September 2026. Over the last 12 months, 17 sales closed at a median AED 21,148 per m² (AED 1,965 per sq ft).
- AED 21,148median price per m²
- AED 1,965median price per sq ft
- 421sales since 2019
- 17sales in 12 months
Its price per m² is 3.3% below the Sobha Hartland median (AED 21,864/m²). Sales combine off-plan purchases (64.1%) and resales of completed homes.
The Terraces prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 4 | AED 1,575,000 | 70 m² |
| Apartment · 2 bedrooms | 12 | AED 2,662,500 | 125 m² |
The Terraces price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 30 | AED 13,077 | AED 1,215 | — |
| 2020 | 216 | AED 13,024 | AED 1,210 | -0.4% |
| 2021 | 10 | AED 11,451 | AED 1,064 | -12.1% |
| 2022 | 17 | AED 13,481 | AED 1,252 | +17.7% |
| 2023 | 90 | AED 15,749 | AED 1,463 | +16.8% |
| 2024 | 21 | AED 19,352 | AED 1,798 | +22.9% |
| 2025 | 22 | AED 20,618 | AED 1,915 | +6.5% |
| 2026 (to mid-October) | 15 | AED 21,148 | AED 1,965 | +2.6% |
The Terraces rents
112 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 2 bedrooms 5.6%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 54 | AED 93,500 | 87,425 – 100,000 | AED 90,000 |
| Apartment · 2 bedrooms | 53 | AED 150,000 | 140,000 – 197,500 | AED 165,000 |
| Apartment · 3 bedrooms | 5 | AED 247,000 | — | — |
Buildings recorded in sales
- The Terraces N
- The Terraces S
Location
- Nearest metro: Buj Khalifa Dubai Mall Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Sobha Hartland
Same price per m² elsewhere in Dubai
- The Anwa by Omniyat, Dubai Maritime City — AED 21,138/m²
- Vestoria Bay, Palm Deira — AED 21,165/m²
- Parkway by Prestige One, Bukadra — AED 21,137/m²
- J One, Business Bay — AED 21,203/m²
Other projects in Sobha Hartland
- Sobha Hartland Waves Opulence — AED 21,212/m²
- Sobha Hartland - Crest Grande — AED 21,007/m²
- Sobha Creek Vistas — AED 20,786/m²
- Sobha Hartland One Park Avenue — AED 21,522/m²
- Sobha Hartland Greens - Phase III — AED 20,294/m²
- Wilton Terraces — AED 20,268/m²
- Wilton Park Residences — AED 22,192/m²
- Sobha Creek Vistas Heights — AED 22,346/m²
Sobha Hartland property prices · Sobha Hartland rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at The Terraces?
Over the last 12 months the median is AED 1,965 per sq ft (AED 21,148 per m²) across 17 DLD sales.
How much is a 1 bedroom at The Terraces?
Median sale price AED 1,575,000 for a median 70 m², across 4 sales over the last 12 months.
How many sales have been registered at The Terraces?
421 residential sales registered with the DLD between June 2019 and September 2026, 64.1% of them off-plan.
Where is The Terraces?
In Sobha Hartland (DLD area Al Merkadh), Dubai; nearest metro station per the DLD: Buj Khalifa Dubai Mall Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.