Terrace Apartments 2

P1 — Delivered Ready Secondary
Developer Union Properties
Property type Apartment
Data updated May 08, 2025

Terrace Apartments 2 is a Delivered development by Union Properties in Green Community Motor City. 40 units across 3 Bedroom (100%). Over the trailing 12 months, 82 sales at a median of AED 5,800,000.

Limited transaction data available for this project. Community-level metrics shown where project data is insufficient.

Key Metrics
Median Price
Value
AED 5,800,000
Change
48.7% YoY
Transactions
Value
82
Change
1 in period
Price / sqft
Value
AED 1,102
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 5,800,000
↑ 48.7% YoY
Transactions
82
↑ 1 in period
Price / sqft
AED 1,102
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
4.6%
Holding Period
Value
6.0 yrs
Liquidity
Value
2.5%
Ready Market Mix
Value
0.0%
Rental Activity
Value
15.0%
Capital Return
4.6%
Holding Period
6.0 yrs
Liquidity
2.5%
Ready Market Mix
0.0%
Rental Activity
15.0%

Rental Performance

Rental Volume
Value
181
Avg Annual Rent
Value
AED 184,931
New Leases
Value
51.4%
Renewals
Value
48.6%
Rental Volume
181
Avg Annual Rent
AED 184,931
New Leases
51.4%
Renewals
48.6%

Unit Mix

By bedroom type
3 Bedroom 40 units · 100%

Transaction Breakdown

All time — 82 transactions
Ready Primary
40
Ready Secondary
42

Recent Transactions

Showing last 10 of 82
Date Type Price (AED) Size (sqft) AED/sqft
May 08, 2025 RP Secondary 5,800,000 5,261 1,102
Oct 09, 2024 RP Secondary 4,250,000 4,679 908
Aug 06, 2024 RP Secondary 3,700,000 4,360 848
May 22, 2024 RP Secondary 3,850,000 4,369 881
May 14, 2024 RP Secondary 4,035,000 4,434 909
Apr 25, 2024 RP Secondary 3,900,000 4,438 878
Oct 14, 2022 RP Secondary 3,000,000 4,439 675
Sep 30, 2022 RP Secondary 2,900,000 5,247 552
Aug 16, 2022 RP Secondary 2,650,000 3,537 749
Jun 24, 2022 RP Secondary 1,050,000 3,314 316

This project is in Green Community Motor City

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