Terrace Apartments

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Dubai Investments
58
Total Units
58
Sold
⃃ 1,121,500
Median Price
⃃ 710
Median Price /sqft
Construction progress: undefined%
Start: —Completion: —

Terrace Apartments Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed101,200 sqft - 1,400 sqft⃃ 0.9M (790 /sqft)⃃ 1,090 /sqft
-26.88
2 Beds481,510 sqft - 1,900 sqft⃃ 1.2M (800 /sqft)⃃ 1,320 /sqft
-39.76

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Terrace ApartmentsMirdif
Jan 2018991895
Feb 2018—977
Mar 2018—814
Apr 2018—1.0K
May 2018—894
Jun 2018—1.0K
Jul 2018—1.0K
Aug 2018—677
Sep 2018—877
Oct 20181.2K1.0K
Nov 2018753749
Dec 2018—1.1K
Jan 2019—1.1K
Feb 2019—899
Mar 20197351.1K
Apr 2019—959
May 2019—890
Jun 2019—770
Jul 2019—827
Aug 2019—923
Sep 2019—974
Oct 2019—694
Nov 2019—1.1K
Dec 2019—989
Jan 2020—667
Feb 2020—499
Mar 2020—565
May 2020—1.0K
Jun 2020—1.3K
Jul 2020652857
Aug 20204661.2K
Sep 2020—990
Oct 2020—1.0K
Nov 2020—1.1K
Dec 2020—1.2K
Jan 2021—1.0K
Feb 2021—981
Mar 2021—1.1K
Apr 2021—796
May 2021—1.0K
Jun 20211.2K1.1K
Jul 2021—1.0K
Aug 2021—1.2K
Sep 2021—1.0K
Oct 2021—961
Nov 2021—961
Dec 2021—1.1K
Jan 2022—1.1K
Feb 2022—1.2K
Mar 2022—1.1K
Apr 2022—1.3K
May 20221.1K1.2K
Jun 2022—1.1K
Jul 2022—1.1K
Aug 20226511.1K
Sep 2022—1.2K
Oct 2022—663
Nov 2022—1.1K
Dec 2022—1.1K
Jan 2023—1.2K
Feb 20236231.1K
Mar 20236151.2K
Apr 2023—1.0K
May 20237361.1K
Jun 2023—862
Jul 2023—1.1K
Aug 2023—1.1K
Sep 20236831.0K
Oct 2023—979
Nov 2023—1.3K
Dec 20231.4K1.2K
Jan 2024—1.1K
Feb 2024—1.2K
Mar 20249231.2K
Apr 2024—1.2K
May 2024—1.2K
Jun 2024—1.2K
Jul 20245441.2K
Aug 20247871.2K
Sep 20246601.2K
Oct 20247921.2K
Nov 2024—1.1K
Dec 2024—1.2K
Jan 2025—1.2K
Feb 2025—1.1K
Mar 2025—862
Apr 2025—1.2K
May 2025—1.3K
Jun 20258331.1K
Jul 20257611.4K
Aug 2025—969
Sep 2025—1.4K
Oct 20257551.4K
Nov 2025—1.2K
Dec 20257971.1K
Jan 20267921.3K
Feb 20261.0K1.2K
Mar 2026—1.3K
Apr 20268361.4K
May 2026—1.3K
Jun 2026—1.2K
Jul 2026—1.1K
Aug 2026—1.3K
Sep 20267941.1K
Oct 2026—1.3K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
No data found

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment1,398 sqft28.46 sqft⃃ 1,030,000⃃ 737 /sqft30, Jun 2025
1Apartment1,395 sqft28.25 sqft⃃ 967,000⃃ 693 /sqft04, Jun 2015
2Apartment1,740 sqft30.56 sqft⃃ 1,790,000⃃ 1,029 /sqft18, Feb 2026
2Apartment1,894 sqft39.95 sqft⃃ 1,500,000⃃ 792 /sqft18, Oct 2024
2Apartment1,904 sqft40.17 sqft⃃ 1,300,000⃃ 683 /sqft12, Sep 2023
2Apartment1,699 sqft27.21 sqft⃃ 1,251,000⃃ 736 /sqft15, May 2023
2Apartment1,748 sqft30.79 sqft⃃ 1,222,000⃃ 699 /sqft23, Oct 2014
2Apartment1,538 sqft9.61 sqft⃃ 1,210,000⃃ 787 /sqft09, Aug 2024
2Apartment1,696 sqft27.15 sqft⃃ 1,120,000⃃ 660 /sqft19, Sep 2024
2Apartment1,516 sqft9.61 sqft⃃ 1,071,000⃃ 706 /sqft11, Nov 2014
2Apartment1,535 sqft9.61 sqft⃃ 1,000,000⃃ 651 /sqft01, Aug 2022
1Apartment1,196 sqft9.61 sqft⃃ 1,200,000⃃ 1,003 /sqft07, Dec 2014
1Apartment1,196 sqft9.61 sqft⃃ 1,000,000⃃ 836 /sqft07, Apr 2026
2Apartment1,516 sqft9.61 sqft⃃ 1,465,000⃃ 966 /sqft30, Apr 2017
2Apartment1,568 sqft9.61 sqft⃃ 1,320,000⃃ 842 /sqft13, Oct 2025

Terrace Apartments Real Estate Data – FAQ

  • What is the current property supply in Terrace Apartments?

    Terrace Apartments has a total residential supply of approximately 6 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Terrace Apartments?

    Terrace Apartments recorded 6 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Terrace Apartments?

    The median transaction price in Terrace Apartments is ⃃ 800 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Terrace Apartments?

    The gross rental yield in Terrace Apartments is approximately 7%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Terrace Apartments?

    Property prices in Terrace Apartments have shown a capital appreciation of 0.45% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Terrace Apartments?

    There are currently 0 active off-plan projects in Terrace Apartments, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Terrace Apartments?

    The total off-plan pipeline in Terrace Apartments includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Terrace Apartments a good area for property investment?

    Terrace Apartments is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 7%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Terrace Apartments, this is 7%, indicating relatively strong income performance compared to global markets.