The Terraces in Sobha Hartland - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Rents in The Terraces

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	65	1,308	85,000
2	224	1,138	255,000

The cap rate (rental yield) of investments into The Terraces project is 5.5% on average.

The price of an apartment in The Terraces is 21,242 AED/sqm on average.

The long term rent of an apartment in The Terraces is 1,176 AED/sqm/year on average.

Rent for 1 bedroom apartment in The Terraces is 85,000 AED or 1,308 AED/sqm.
Rent for 2 bedroom apartment in The Terraces is 255,000 AED or 1,138 AED/sqm.

About The Terraces

'The Terraces' in 'Sobha Hartland' area project description

The Terraces is an ambitious new project in Dubai that promises to be a luxurious and innovative residential development. Located in the heart of the city, the project is set to offer a unique lifestyle experience for its residents.

The Terraces will feature a range of high-end apartments, townhouses, and villas, all of which will be designed to the highest standards. The project will also include a range of amenities, such as a private gym, swimming pool, and spa. The development will also feature a range of retail outlets, restaurants, and cafes, as well as a selection of leisure and entertainment facilities.

The project will be built using the latest in green technology, with an emphasis on sustainability. The development will feature energy-efficient appliances, solar panels, and other green features. The project will also be designed to reduce its environmental impact, with the use of recycled materials and water-saving measures.

The Terraces will also feature a range of public spaces, such as parks, gardens, and walkways. These will be designed to create a sense of community and provide a place for residents to relax and socialize. The development will also feature a range of public artworks, which will be designed to reflect the culture and history of Dubai.

The Terraces is set to be an iconic development in Dubai, offering a luxurious and innovative lifestyle experience for its residents. The project promises to be a unique and exciting addition to the city, and is sure to be a popular destination for both locals and tourists alike.

Q&A on The Terraces

What are the advantages of 'The Terraces' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: The Terraces project is located in the heart of Dubai, offering easy access to the city’s major attractions, such as the Dubai Mall, Burj Khalifa, and the Dubai International Financial Centre.

2. Luxury Amenities: The Terraces offers luxurious amenities such as a swimming pool, gym, and spa.

3. High-End Finishes: The Terraces features high-end finishes such as marble flooring, granite countertops, and custom cabinetry.

4. Affordable Prices: The Terraces offers competitive prices for luxury real estate in Dubai, making it an attractive option for buyers.

5. Flexible Payment Plans: The Terraces offers flexible payment plans, allowing buyers to purchase their dream home without breaking the bank.

What projects are better than 'The Terraces' project in Dubai which are located close by, and why?

1. One Park Avenue by Sobha Realty:
- Amenities: Offers state-of-the-art amenities including smart home systems, sky gardens, swimming pools, and fully-equipped gyms.
- Green Spaces: Emphasizes green living with ample landscaped gardens providing a serene environment.
- Views: Provides stunning views of the Dubai skyline and Ras Al Khor Wildlife Sanctuary due to its strategic location.

2. Hartland Greens by Sobha Realty:
- Mixed-use Development: A mix of stylish apartments and vibrant retail spaces ensuring convenience for residents.
- Architecture: Designed with a contemporary aesthetic and high-quality finishes.
- Community-centric: Promotes a strong community vibe with communal areas, jogging tracks, and ample play areas for children.

3. Wilton Terraces by Ellington Properties:
- Quality Design: Meticulously designed by the renowned Ellington Properties, known for their high-end finishes and attention to detail.
- Lifestyle Amenities: Offers a variety of lifestyle amenities including a gym, swimming pool, and children’s play area.
- Exclusive Feel: Boasts a limited number of apartments which ensures exclusivity and privacy for residents.

4. Creek Vistas by Sobha Realty:
- Panoramic Views: Provides expansive views of the Dubai Creek and surrounding areas.
- Luxurious Interiors: Interiors are luxuriously designed with a focus on elegance and functionality.
- Smart Homes: Features smart home technology that enhances convenience and security for residents.

5. The Crest by Sobha Realty:
- Lagoon Views: Offers unparalleled views of the Crystal Lagoon along with the expansive living spaces.
- Wellness Facilities: Equips residents with top-notch wellness facilities including meditation zones, open-air gyms, and yoga lawns.
- Sustainable Design: Prioritizes sustainable and eco-friendly design principles, adding value to long-term living.

These projects stand out for their combination of superior amenities, modern architectural design, excellent views, and the incorporation of green and smart living concepts, making them potentially more desirable than 'The Terraces'.

What are the closest schools to 'The Terraces' project in Dubai?

- North London Collegiate School Dubai: Located within Sobha Hartland, this school offers education from pre-kindergarten through grade 12, following the International Baccalaureate (IB) curriculum.

- Hartland International School: Also situated within the Sobha Hartland community, Hartland International School follows the British curriculum and caters to students from foundation stage through year 13.

- Rashid School for Boys: Located a short drive away in Nad Al Sheba, this school offers educational programs tailored for boys with a curriculum designed to foster academic and personal development.

- Swiss International Scientific School Dubai: Situated in the Healthcare City district, it offers a bilingual curriculum in English and French or German and follows the International Baccalaureate (IB) program.

- Dubai English Speaking School (DESS): Located in Oud Metha, DESS is one of the oldest and most respected British curriculum schools in Dubai and caters to children from foundation stage to year 6.

- Dubai International School: Positioned in Al Garhoud, this institution offers an American curriculum and is well-known for its strong academic focus and multicultural environment.

What are the closest medical clinics to 'The Terraces' project in Dubai?

1. Mediclinic City Hospital - Located in Dubai Healthcare City, it is one of the closest comprehensive hospitals to Sobha Hartland, offering a wide range of medical services.
2. Aster Clinic - Located in Business Bay and Al Quoz, Aster Clinics are easily accessible primary healthcare centers providing a variety of medical services.
3. Emirates Hospital Clinics - Situated in Business Bay, offering multispecialty medical services and consultations.
4. Latifa Hospital for Women and Children - Located near Dubai Creek, it specializes in maternal and child healthcare services.
5. Magnum Gulf Medical Center - Positioned in the Business Bay area, offering general and specialized medical consultations.
6. American Hospital Dubai - Found in Oud Metha, near Dubai Healthcare City, it provides comprehensive healthcare services including emergency care.