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The Terraces

Completed

Developed by BOLTON REAL ESTATE DEVELOPMENT L.L.C - FZ. Located in Al Merkadh.

Construction progress100%Expected 15 Feb 2022
Units2512 buildings · 0 villas
Registered sales42618 in the last 12 months
Median sale priceAED 1.42MMedian of registered salesAED 1,262/sqft

Registry record

Project number
2013
Name on the register
ذا تيراسز
Developer
BOLTON REAL ESTATE DEVELOPMENT L.L.C - FZ
Master developer
شوبا ش.ذ.م.م
Escrow agent
EMIRATES NBD BANK (P.J.S.C)
Zoning authority
Dubai Municipality
Master project
SOBHA HARTLAND
Start date
1 Nov 2017
Expected completion
15 Feb 2022
Actual completion
15 Feb 2022
Cancelled
Not recorded
Plots
0
Progress
100%

مبنيان سكنيان 10 طوابق وسطح مع سرداب وطابق ارضي مشترك

Sales evidence

Median size
1,129 sqft
Median price per sqft
AED 1,262/sqft
Total value transacted
AED 727.24M
Off-plan vs ready
276 off-plan · 150 ready
First sale
29 Sept 2015
Latest sale
23 Jul 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 24 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C4.00
Reserved FundResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
MaintenanceResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
Utilities ServicesResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C5.00
Management ServicesResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
ServicesRetailSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Reserved FundRetailSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
MaintenanceRetailSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
Utilities ServicesRetailSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Management ServicesRetailSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceRetailSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityRetailSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
23 Jul 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,159 sqftAED 1,761/sqftAED 2,042,000
17 Jul 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,671 sqftAED 1,975/sqftAED 3,300,000
9 Jun 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R2,721 sqftAED 1,268/sqftAED 3,450,000
3 Jun 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties1 B/R753 sqftAED 1,991/sqftAED 1,500,000
19 May 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,132 sqftAED 1,855/sqftAED 2,100,000
30 Mar 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,529 sqftAED 2,011/sqftAED 3,075,000
17 Mar 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties1 B/R1,002 sqftAED 1,996/sqftAED 2,000,000
13 Mar 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,132 sqftAED 1,974/sqftAED 2,235,000
12 Feb 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R2,858 sqftAED 1,260/sqftAED 3,600,000
6 Feb 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,554 sqftAED 1,962/sqftAED 3,050,000
2 Feb 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties1 B/R760 sqftAED 2,172/sqftAED 1,650,000
27 Jan 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,120 sqftAED 1,965/sqftAED 2,200,000
20 Jan 2026Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,132 sqftAED 1,899/sqftAED 2,150,000
27 Nov 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,124 sqftAED 2,024/sqftAED 2,275,000
25 Nov 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties3 B/R2,892 sqftAED 1,954/sqftAED 5,650,000
16 Oct 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,150 sqftAED 1,896/sqftAED 2,180,000
13 Oct 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties1 B/R755 sqftAED 2,120/sqftAED 1,600,000
3 Sept 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,132 sqftAED 1,854/sqftAED 2,100,000
11 Jul 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,148 sqftAED 1,933/sqftAED 2,220,000
2 Jul 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties1 B/R762 sqftAED 1,942/sqftAED 1,480,000
1 Jul 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R566 sqftAED 2,031/sqftAED 1,150,000
10 Jun 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,486 sqftAED 1,931/sqftAED 2,870,000
20 May 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,623 sqftAED 1,972/sqftAED 3,200,000
14 May 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties2 B/R1,124 sqftAED 1,958/sqftAED 2,200,000
5 May 2025Al MerkadhThe TerracesSOBHA HARTLANDFlatExisting Properties3 B/R2,892 sqftAED 1,850/sqftAED 5,350,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.