Dubai Land Department Off-Plan Register

The Terraces N Launch Prices

Off-plan in Sobha Hartland · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

138 developer launch sales registered at The Terraces N between Jun 2019 and Nov 2022: 100% apartments, most commonly 2-bed units, typically around 1,129 sqft.

Launch sales
138
DLD off-plan registrations, all time
Median launch /sqft
AED 1,215
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 800,0003,880,524
Min – max registered

Bed mix: 1-bed 38% · 2-bed 52% · 3-bed 9%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at The Terraces N, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2019 Q210AED 1,240
2019 Q31AED 1,115
2019 Q49AED 1,154
2020 Q184AED 1,223
2020 Q28AED 1,175
2020 Q39AED 1,260
2020 Q44AED 1,252
2021 Q11AED 1,056
2021 Q21AED 1,089
2021 Q31AED 1,211
2021 Q43AED 1,154
2022 Q11AED 1,151
2022 Q21AED 1,227
2022 Q33AED 1,316
2022 Q42AED 1,442
Two different markets

Launch vs Resale

The Terraces N also has 77 ready-market resales registered with the DLD, the first on 26 December 2022 - 42 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
77
21 in the last 2 years
Resale median /sqft
AED 1,933
last 2 years
Resale vs launch
+59%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Terraces N →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
750 sqft · 9 November 2022
AED 1,100,000
AED 1,467 /sqft
Apartment · 2 Bed
1,129 sqft · 3 November 2022
AED 1,600,000
AED 1,417 /sqft
Apartment · 2 Bed
1,140 sqft · 9 September 2022
AED 1,500,000
AED 1,316 /sqft
Apartment · 3 Bed
1,721 sqft · 5 August 2022
AED 2,700,000
AED 1,569 /sqft
Apartment · 1 Bed
743 sqft · 22 July 2022
AED 931,000
AED 1,252 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Off-plan in Sobha Hartland

Compare this project with every other off-plan launch registered in Sobha Hartland, or see the community's resale market.

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