Dubai Land Department Off-Plan Register

The Terraces S 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

132 developer launch sales registered at The Terraces S between Jun 2019 and Dec 2022: 100% apartments, most commonly 1-bed units, typically around 1,119 sqft.

Launch sales
132
DLD off-plan registrations, all time
Median launch /sqft
AED 1,201
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 616,7223,876,361
Min – max registered

Bed mix: 1-bed 49% · 2-bed 46% · 3-bed 5%.

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 S, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2019 Q24AED 1,288
2019 Q33AED 1,216
2019 Q43AED 1,140
2020 Q188AED 1,201
2020 Q214AED 1,230
2020 Q39AED 1,146
2021 Q11AED 897
2021 Q21AED 996
2021 Q31AED 1,066
2021 Q41AED 1,005
2022 Q21AED 1,131
2022 Q33AED 1,189
2022 Q43AED 1,230
Two different markets

Launch vs Resale

The Terraces S also has 68 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
68
21 in the last 2 years
Resale median /sqft
AED 1,900
last 2 years
Resale vs launch
+58%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Terraces S →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
501 sqft · 5 December 2022
AED 616,722
AED 1,230 /sqft
Apartment · 2 Bed
1,645 sqft · 1 November 2022
AED 1,960,835
AED 1,192 /sqft
Apartment · 1 Bed
750 sqft · 7 October 2022
AED 970,000
AED 1,294 /sqft
Apartment · 2 Bed
1,850 sqft · 19 August 2022
AED 2,250,000
AED 1,216 /sqft
Apartment · 1 Bed
753 sqft · 4 August 2022
AED 713,000
AED 947 /sqft

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

Compare projects

Other Off-Plan Projects in Sobha Hartland

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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