Skip to content
Homes
Dubai Land Department records
Completed
Verified

The Terraces

Al Merkadh

Latest transaction

Sale date

AED 2,950,000AED 2,123 / sqft
Compared with similar sales

Comparison loading

Register check

What the DLD registers say about The Terraces

Registered status: Finished
100% complete
Planned completion
15 Feb 2022
Completed
15 Feb 2022
Planned date moved
Not since we started checking in Oct 2026
Escrow agent
EMIRATES NBD BANK (P.J.S.C)
Off-plan prices since the first sales
Too few off-plan sales to compare: 30 first sales, and 0 later sales in the 12 months to 10 Nov 2026. Each needs 30.

Status history

  1. FinishedStatus observed since 100% complete · planned completion 15 Feb 2022

The DLD register publishes no change dates. Each date is when our daily sync saw the values.

Source: DLD projects register and sale transactions, as of 10 Nov 2026. The escrow agent is named by DLD; no balance is published.

Registered buildings

The buildings the DLD buildings register lists under this project in this area.

Source: DLD buildings register, read 12 Nov 2026.

Market pulse

See the price story

Every sale registered in The Terraces, across all of its units. Read it as market context, not as the price history of one home.

Latest in viewAED 2,123
Change in viewUp 15.7%
Median in viewAED 1,915

Price per sqft is up 15.7% from 23 Aug 2024 to 27 Oct 2026 across the records in view.

27 Oct 2026, AED 2,123. Point 48 of 48.

48of 429 verified records in view

Price change

How prices per sqft have moved in The Terraces

Median price per sqft of units sold in the four quarters to Sep 2026, against the same four quarters 1, 3 and 5 years earlier.

Projects are measured over a full year because one project rarely registers 30 sales of a kind in a quarter.

ReadyOff-plan
1 yearToo few sales to measureToo few sales to measure
3 yearsToo few sales now17 sales were kept and a figure needs at least 30.Too few sales to measure
5 yearsToo few sales to measureToo few sales to measure
Median now17 sales

These are medians of what sold in each period, not the same homes resold. A change can come from a different mix of homes as much as from prices.

Median price per sqft, quarter by quarter

Year to Sep 2026 Oct 2025 – Sep 2026

Ready
Too few sales: 17 kept, 30 needed
Off-plan
No sales

Every quarter
Median price per sqft of units sold in every published period, newest first
Year toReadyOff-plan
Sep 2026 Oct 2025 – Sep 2026Too few sales: 17 kept, 30 neededNo sales
Jun 2026 Jul 2025 – Jun 2026Too few sales: 17 kept, 30 neededNo sales
Mar 2026 Apr 2025 – Mar 2026Too few sales: 20 kept, 30 neededNo sales
Dec 2025 Jan 2025 – Dec 2025Too few sales: 20 kept, 30 neededNo sales
Sep 2025 Oct 2024 – Sep 2025Too few sales: 23 kept, 30 neededNo sales
Jun 2025 Jul 2024 – Jun 2025Too few sales: 28 kept, 30 neededNo sales
Mar 2025 Apr 2024 – Mar 2025Too few sales: 27 kept, 30 neededNo sales
Dec 2024 Jan 2024 – Dec 2024Too few sales: 21 kept, 30 neededNo sales
Sep 2024 Oct 2023 – Sep 2024Too few sales: 22 kept, 30 neededNo sales
Jun 2024 Jul 2023 – Jun 2024AED 1,657/sqft from 32 salesNo sales
Mar 2024 Apr 2023 – Mar 2024AED 1,526/sqft from 59 salesNo sales
Dec 2023 Jan 2023 – Dec 2023AED 1,463/sqft from 90 salesNo sales
Sep 2023 Oct 2022 – Sep 2023AED 1,456/sqft from 87 salesToo few sales: 5 kept, 30 needed
Jun 2023 Jul 2022 – Jun 2023AED 1,445/sqft from 68 salesToo few sales: 11 kept, 30 needed
Mar 2023 Apr 2022 – Mar 2023AED 1,380/sqft from 37 salesToo few sales: 13 kept, 30 needed
Dec 2022 Jan 2022 – Dec 2022Too few sales: 3 kept, 30 neededToo few sales: 14 kept, 30 needed
Sep 2022 Oct 2021 – Sep 2022No salesToo few sales: 12 kept, 30 needed
Jun 2022 Jul 2021 – Jun 2022No salesToo few sales: 9 kept, 30 needed
Mar 2022 Apr 2021 – Mar 2022No salesToo few sales: 15 kept, 30 needed
Dec 2021 Jan 2021 – Dec 2021No salesToo few sales: 16 kept, 30 needed
Sep 2021 Oct 2020 – Sep 2021No salesToo few sales: 16 kept, 30 needed
Jun 2021 Jul 2020 – Jun 2021No salesToo few sales: 27 kept, 30 needed
Mar 2021 Apr 2020 – Mar 2021No salesAED 1,216/sqft from 46 sales
Dec 2020 Jan 2020 – Dec 2020No salesAED 1,211/sqft from 215 sales
Sep 2020 Oct 2019 – Sep 2020No salesAED 1,209/sqft from 223 sales
Jun 2020 Jul 2019 – Jun 2020No salesAED 1,208/sqft from 208 sales
Mar 2020 Apr 2019 – Mar 2020No salesAED 1,211/sqft from 200 sales
Dec 2019 Jan 2019 – Dec 2019No salesToo few sales: 29 kept, 30 needed

Each point is the median price per sqft of units sold in the four quarters to that month, so neighbouring points share three of their four quarters. The line breaks wherever a quarter has no median and is never drawn across it.

Source: DLD sale transactions · sales through 09 Nov 2026 · published 12 Nov 2026 · How we measure price change

Estimate a mortgage from the median sale price here:ReadyOff-plan

Related market activity

Sales in The Terraces

Every sale registered in The Terraces, across all of its units and unit types. These are market context, not the sale history of one home.

429 related sales
  1. AED 2,950,000

    Flat · 1,389 sqft · Sale

  2. AED 3,250,000

    Flat · 1,841 sqft · Sale

  3. AED 1,325,000

    Flat · 671 sqft · Sale

  4. AED 2,042,000

    Flat · 1,159 sqft · Sale

  5. AED 3,300,000

    Flat · 1,671 sqft · Sale

  6. AED 3,450,000

    Flat · 2,721 sqft · Sale

  7. AED 1,500,000

    Flat · 753 sqft · Sale

  8. AED 2,100,000

    Flat · 1,132 sqft · Sale

  9. AED 3,075,000

    Flat · 1,529 sqft · Sale

  10. AED 2,000,000

    Flat · 1,002 sqft · Sale

  11. AED 2,235,000

    Flat · 1,132 sqft · Sale

  12. AED 3,600,000

    Flat · 2,858 sqft · Sale

  13. AED 3,050,000

    Flat · 1,554 sqft · Sale

  14. AED 1,650,000

    Flat · 760 sqft · Sale

  15. AED 2,200,000

    Flat · 1,120 sqft · Sale

  16. AED 2,150,000

    Flat · 1,132 sqft · Sale

  17. AED 2,275,000

    Flat · 1,124 sqft · Sale

  18. AED 5,650,000

    Flat · 2,892 sqft · Sale

  19. AED 2,180,000

    Flat · 1,150 sqft · Sale

  20. AED 1,600,000

    Flat · 755 sqft · Sale

  21. AED 2,100,000

    Flat · 1,132 sqft · Sale

  22. AED 2,220,000

    Flat · 1,148 sqft · Sale

  23. AED 1,480,000

    Flat · 762 sqft · Sale

  24. AED 1,150,000

    Flat · 566 sqft · Sale

  25. AED 2,870,000

    Flat · 1,486 sqft · Sale

  26. AED 3,200,000

    Flat · 1,623 sqft · Sale

  27. AED 2,200,000

    Flat · 1,124 sqft · Sale

  28. AED 5,350,000

    Flat · 2,892 sqft · Sale

  29. AED 2,950,000

    Flat · 1,521 sqft · Sale

  30. AED 3,550,000

    Flat · 2,406 sqft · Sale

  31. AED 3,650,000

    Flat · 2,694 sqft · Sale

  32. AED 2,150,000

    Flat · 1,159 sqft · Sale

  33. AED 2,150,000

    Flat · 1,132 sqft · Sale

  34. AED 1,300,000

    Flat · 749 sqft · Sale

  35. AED 3,200,000

    Flat · 2,077 sqft · Sale

  36. AED 3,200,000

    Flat · 1,650 sqft · Sale

  37. AED 2,950,000

    Flat · 1,645 sqft · Sale

  38. AED 3,350,000

    Flat · 2,639 sqft · Sale

  39. AED 3,200,000

    Flat · 2,416 sqft · Sale

  40. AED 1,485,000

    Flat · 753 sqft · Sale

  41. AED 2,200,000

    Flat · 1,120 sqft · Sale

  42. AED 3,350,000

    Flat · 2,651 sqft · Sale

  43. AED 1,300,000

    Flat · 708 sqft · Sale

  44. AED 2,400,000

    Flat · 1,158 sqft · Sale

  45. AED 1,650,000

    Flat · 1,167 sqft · Sale

  46. AED 1,920,000

    Flat · 1,150 sqft · Sale

  47. AED 1,425,000

    Flat · 755 sqft · Sale

  48. AED 1,300,000

    Flat · 708 sqft · Sale

At a glance

Property specifications

  • Floor area1,389 sqft
  • Rooms2 B/R
  • ParkingAvailable
  • DeveloperNot available
  • Property typeFlat

Price intelligence

Compare the price

Loading market data

Location

Explore the area

The Terraces

Location
Loading map…
Open larger map