Wilton Terraces in Sobha Hartland - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Wilton Terraces

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	76	20,383	1,541,667

Rents in Wilton Terraces

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	76	1,316	100,000
2	115	1,217	140,000

The cap rate (rental yield) of investments into Wilton Terraces project is 6.3% on average.

The price of an apartment in Wilton Terraces is 20,383 AED/sqm on average.

The long term rent of an apartment in Wilton Terraces is 1,273 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Wilton Terraces is 1,541,667 AED or 20,383 AED/sqm.

Rent for 1 bedroom apartment in Wilton Terraces is 100,000 AED or 1,316 AED/sqm.
Rent for 2 bedroom apartment in Wilton Terraces is 140,000 AED or 1,217 AED/sqm.

About Wilton Terraces

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

Wilton Terraces is a luxury residential development located in the heart of Dubai, United Arab Emirates. The project is a joint venture between Meraas and Wasl Asset Management Group, and is set to become one of the most sought-after residential addresses in the city.

The development consists of two towers, each with a height of 36 storeys, and offers a total of 524 residential units. The units range from one, two, three and four-bedroom apartments, as well as penthouses. The apartments feature modern interiors, with high-end finishes and fixtures, and are designed to maximize natural light and ventilation.

The development is surrounded by lush landscaping, and offers a range of amenities, including a swimming pool, a gym, a children’s play area, and a multi-purpose hall. Residents can also enjoy a range of retail and dining options at the nearby Dubai Mall.

The project is conveniently located in close proximity to the Dubai Metro, making it easy for residents to commute to and from the city. Additionally, the development is close to some of the city’s most popular attractions, including the Dubai Marina, the Palm Jumeirah, and the Burj Khalifa.

Wilton Terraces is a unique development that offers an unparalleled lifestyle experience. With its modern design, luxurious amenities, and convenient location, it is the perfect place to call home.

Q&A on Wilton Terraces

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

1. Prime Location: Wilton Terraces is located in the heart of Dubai, close to some of the city’s most iconic landmarks, such as the Dubai Mall, Burj Khalifa, and Dubai Creek.

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

3. Affordable Prices: Wilton Terraces offers competitive prices for its apartments, making it an attractive option for real estate buyers.

4. High Rental Yields: Wilton Terraces offers high rental yields for investors, making it an attractive option for those looking to generate passive income.

5. Flexible Payment Plans: Wilton Terraces offers flexible payment plans, allowing buyers to spread out the cost of their purchase over time.

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

1. Hartland Greens:
- Developer: Sobha Realty
- Proximity: Located within Sobha Hartland, similar to Wilton Terraces
- Why Better:
- Offers a mix of modern architecture and natural scenery.
- Premium amenities including swimming pools, gyms, parks, and retail outlets.
- Luxuriously designed with high-quality finishes and smart home technology.

2. One Park Avenue:
- Developer: Sobha Realty
- Proximity: Within Sobha Hartland area.
- Why Better:
- Incorporates 6 sky gardens with different themes.
- Enhanced security features like smart card access.
- Sustainability features including solar panels and motion sensor lights.

3. Hartland Waves:
- Developer: Sobha Realty
- Proximity: Located near other Sobha Hartland projects.
- Why Better:
- Waterfront living with stunning views of the Dubai Canal.
- Avant-garde architecture and spacious layouts.
- High pedestrian access, ensuring improved connectivity to nearby amenities.

4. Creek Vistas Reserve:
- Developer: Sobha Realty
- Proximity: Adjacent to Wilton Terraces within Sobha Hartland.
- Why Better:
- Offers unobstructed views of Dubai Creek, Downtown Dubai, and Ras Al Khor Wildlife Sanctuary.
- Features an exclusive clubhouse, state-of-the-art gym, and landscaping.
- Modern design focusing on maximizing space utilization.

5. Riviera by Azizi Developments:
- Developer: Azizi Developments
- Proximity: Close to Sobha Hartland, in the neighboring Meydan area.
- Why Better:
- European-inspired waterfront community with a retail district.
- Multiple recreational amenities including a beach, lagoon, and parks.
- Competitive pricing with various unit configurations offering good ROI prospects.

6. Mag Eye:
- Developer: MAG Lifestyle Development
- Proximity: Located in the nearby Meydan District.
- Why Better:
- Gated community with a variety of townhouses and apartments.
- Access to extensive greenery, cycling tracks, and family-oriented amenities.
- High focus on privacy and community-centric living spaces.

These projects either offer better amenities, superior design, waterfront living, or additional features like smart home technology and sustainability initiatives which can be more appealing depending on specific buyer preferences.