Project · Transactions · 2021

The Terraces Property Transactions 2021

16 property sales worth ⃃ 15.09M were registered in The Terraces in 2021, 92.6% lower than 2020 by number of sales. The median sale price was ⃃ 854,151 and the median price per square foot ⃃ 1,002 (−17.1% on 2020).

Period: 1 Jan – 31 Dec 2021Compared with: 2020Sample: 16 salesUpdated: 13 Nov 2026
Property sales
16
−92.6% vs 2020
1 Jan – 31 Dec 2021
Total value
⃃ 15.09M
−95.2% vs 2020
1 Jan – 31 Dec 2021
Median sale price
⃃ 854,151
−35.7% vs 2020
16 sales
Median price per sq ft
⃃ 1,002
−17.1% vs 2020
16 sales

What types of property sold in The Terraces in 2021?

1 Jan – 31 Dec 2021

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1062.5%⃃ 9.7M⃃ 846,048⃃ 1,066
Commercial637.5%⃃ 5.39M⃃ 910,016⃃ 447

How were 2021 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)743.8%⃃ 6.26M⃃ 867,096⃃ 453
Resale (secondary)956.3%⃃ 8.84M⃃ 825,000⃃ 1,062
Off-plan16100%⃃ 15.09M⃃ 854,151⃃ 1,002

What were the most expensive property sales in The Terraces in 2021?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/12/2021The Terraces N2 beds · Apartment1,354 sq ft⃃ 1,580,000Resale · Off-plan
11/04/2021The Terraces SCommercial3,425 sq ft⃃ 1,457,844Primary · Off-plan
20/01/2021The Terraces S2 beds · Apartment1,354 sq ft⃃ 1,225,000Resale · Off-plan
09/08/2021The Terraces S2 beds · Apartment1,121 sq ft⃃ 1,200,000Resale · Off-plan
11/04/2021The Terraces SCommercial2,165 sq ft⃃ 985,665Primary · Off-plan
12/04/2021The Terraces SCommercial2,161 sq ft⃃ 978,827Primary · Off-plan
02/08/2021The Terraces N1 bed · Apartment755 sq ft⃃ 900,000Resale · Off-plan
15/12/2021The Terraces N1 bed · Apartment753 sq ft⃃ 867,096Primary · Off-plan
24/05/2021The Terraces SCommercial1,156 sq ft⃃ 841,205Primary · Off-plan
26/05/2021The Terraces N1 bed · Apartment755 sq ft⃃ 825,000Resale · Off-plan

What were the last registered sales of 2021?

DatePropertyTypeSizePriceMarket
26/12/2021The Terraces N2 beds · Apartment1,354 sq ft⃃ 1,580,000Resale · Off-plan
15/12/2021The Terraces N1 bed · Apartment753 sq ft⃃ 867,096Primary · Off-plan
20/10/2021The Terraces N1 bed · Apartment755 sq ft⃃ 800,000Resale · Off-plan
06/10/2021The Terraces S1 bed · Apartment753 sq ft⃃ 755,000Resale · Off-plan
09/08/2021The Terraces S2 beds · Apartment1,121 sq ft⃃ 1,200,000Resale · Off-plan
02/08/2021The Terraces N1 bed · Apartment755 sq ft⃃ 900,000Resale · Off-plan
26/05/2021The Terraces N1 bed · Apartment755 sq ft⃃ 825,000Resale · Off-plan
24/05/2021The Terraces SCommercial1,156 sq ft⃃ 841,205Primary · Off-plan
23/05/2021The Terraces SCommercial1,054 sq ft⃃ 465,378Primary · Off-plan
10/05/2021The Terraces S1 bed · Apartment751 sq ft⃃ 750,000Resale · Off-plan

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2021 with the whole of 2020.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/the-terraces/2021
The Terraces Property Transactions 2021. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-terraces/2021

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in The Terraces in 2021?
16 property sales worth ⃃ 15,094,094 were registered in The Terraces in 2021. That is 92.6% lower than 2020.
What was the median property price in The Terraces in 2021?
The median sale price was ⃃ 854,151 and the median price per square foot ⃃ 1,002 (1 Jan – 31 Dec 2021).
What share of 2021 sales in The Terraces were off-plan or from developers?
Developer (primary) sales were 43.8% of the 16 sales and resales 56.3%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-terraces/2021