Terrace Apartment 2, Dubai Investment Park (DIP)
An apartment in Terrace Apartment 2 sold for about AED 249 per sq ft in 2013
Median of 19 apartment sales in 2013, median price AED 1,150,000. Source: Dubai Land Department register, to 12 Feb 2026. 2 market sales in the 12 months to 23 Oct 2026; 14 sales on record since 2020. That is too few for a home price.
- The market says
- 46 registered sales since 2013 at AED 249 per sq ft (2013); 1 home for sale now.
“There are too few recent sales in Terrace Apartment 2 for me to quote a return. I would price it from the last sale of the same layout, and I would not pay more for a promise.”
James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.
- Signed rent, 3-bed
- AED 150,000 a year (community median, 29 signed Ejari leases, 12 months)
- Asking rent, 3-bed
- AED 240,000 a year (6 listings)
- Official record
- 46 registered sales since 2013: 46 apartment
- Size
- 4 floors
- Google rating
- 4.4 (9 ratings, place covers more than this tower)
Other towers in Dubai Investment Park 1 (DIP 1)
Terrace Apartment 2 is in Dubai Investment Park 1 (DIP 1), Dubai Investment Park. Sold prices and sales for the other towers with a page:
- Garden East Apartments A prices and sales
- Garden East Apartments B prices and sales
- Garden East Apartments C prices and sales
- Garden East Apartments D prices and sales
- Garden East Apartments E prices and sales
- Garden East Apartments F prices and sales
- Garden East Apartments G prices and sales
- Garden East Apartments H prices and sales
- Garden East Apartments I prices and sales
- Garden West Apartments A prices and sales
- Garden West Apartments B prices and sales
- Garden West Apartments C prices and sales
- Garden West Apartments D prices and sales
- Garden West Apartments E prices and sales
- Garden West Apartments F prices and sales
- Garden West Apartments G prices and sales
- Garden West Apartments H prices and sales
- Garden West Apartments I prices and sales
- Garden West Apartments J prices and sales
- Green Community East prices and sales
- Green Community West prices and sales
- Lake Apartments prices and sales
- Lake Apartments A prices and sales
- Lakeview Apartments prices and sales
- Lily Residence D20 prices and sales
- Lily Residence D21 prices and sales
- Lily Residence D22 prices and sales
- Northwest Apartments 1 prices and sales
- Northwest Apartments 2 prices and sales
- Northwest Apartments 3 prices and sales
- Northwest Apartments 4 prices and sales
- Northwest Apartments 5 prices and sales
- Northwest Apartments 6 prices and sales
- Northwest Apartments 7 prices and sales
- Northwest Apartments 8 prices and sales
- Olivia Residences prices and sales
- Southwest Apartments 1 prices and sales
- Southwest Apartments 2 prices and sales
- Southwest Apartments 3 prices and sales
- Southwest Apartments 5 prices and sales
- Southwest Apartments 6 prices and sales
- Southwest Apartments 7 prices and sales
- Terrace Apartments prices and sales
- Verdana 1 prices and sales
- Verdana 10 prices and sales
- Verdana 2 prices and sales
- Verdana 3 prices and sales
- Verdana 4 prices and sales
- Verdana 5 prices and sales
- Verdana 6 prices and sales
- Verdana 7 prices and sales
- Verdana 8 prices and sales
- Verdana 9 prices and sales
- Verdana Residence prices and sales
- Verdana Residence 10 prices and sales
- Verdana Residence 2 prices and sales
- Verdana Residence 3 prices and sales
- Verdana Residence 4 prices and sales
- Verdana Residence 5 prices and sales
- Verdana Residence 6 prices and sales
- Verdana Residence 7 prices and sales
- Verdana Residence 8 prices and sales
- Verdana Residence 9 prices and sales
- West Phase III prices and sales
From the developer: the developer
What the developer publishes about Terrace Apartment 2. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.
Checked, not found: artist's impressions, floor plans, a video, a brochure or other PDF, facts we could check. We searched the developer site and the web on 13 Oct 2026. Ask the developer for the latest brochure and floor plans.
Street view of Terrace Apartment 2
The street outside, live from Google, about 36 m from the building. Drag to look around.
Imagery: Google Street View · Open in Google Maps
Terrace Apartment 2 on the map
Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.
The map loads when you reach it.
3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.
Resale and off-plan prices by bedroom
Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 23 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.
| Type | Resale: sold | Median asking | Rent a year |
|---|---|---|---|
| 3-bed | under 5 (2) | – (0) | AED 240,000 (6) |
| 4-bed | – (0) | – (1) | – (0) |
Rents in this table are asking rents (adverts). The yield in the headline is the signed Ejari rent divided by the median resale price, before service charge.
Sales we leave out of every median, count and chart (0 of 14 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (0). They stay in the list below with a label.
Too few resale sales to state a yearly change
2 resale sales in the last 12 months and 4 in the 12 months before. Each period needs at least 5.
Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most. Grey bars have fewer than 3 sales.
Every sale since 2020: 14 sales of 11 units
Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.
| Unit | Type | Sq ft | Price | AED per sq ft | Date | Market | Against the sale before |
|---|---|---|---|---|---|---|---|
| 4049 | 3-bed | 4,400 | AED 3,075,000 | 699 | 7 Aug 2026 | Resale | |
| 4034 | 3-bed | 4,486 | AED 3,750,000 | 836 | 17 Mar 2026 | Resale | +79% from AED 2.10m in 2022 |
| 4041 | 3-bed | 4,141 | AED 3,300,000 | 797 | 8 Aug 2025 | Resale | |
| 4040 | 3-bed | 4,400 | AED 3,170,000 | 720 | 8 Jul 2025 | Resale | |
| 4032 | 3-bed | 4,194 | AED 2,800,000 | 668 | 12 May 2025 | Resale | |
| 4038 | 4-bed | 4,909 | AED 3,560,000 | 725 | 27 Mar 2025 | Resale | +52% from AED 2.35m in 2022 |
| 4051 | 3-bed | 4,509 | AED 2,600,000 | 577 | 19 Jun 2023 | Resale | +53% from AED 1.70m in 2020 |
| 4055 | 4-bed | 4,896 | AED 2,500,000 | 511 | 13 Dec 2022 | Resale | |
| 4044 | 3-bed | 3,488 | AED 2,200,000 | 631 | 10 Oct 2022 | Resale | |
| 4034 | 3-bed | 4,486 | AED 2,100,000 | 468 | 18 Feb 2022 | Resale | |
| 4038 | 4-bed | 4,909 | AED 2,350,000 | 479 | 26 Jan 2022 | Resale | |
| 4037 | 3-bed | 3,409 | AED 1,800,000 | 528 | 28 Dec 2021 | Resale | |
| 4048 | 3-bed | 4,400 | AED 2,000,000 | 455 | 26 Aug 2021 | Resale | |
| 4051 | 3-bed | 4,509 | AED 1,700,000 | 377 | 3 Nov 2020 | Resale |
The official record: 46 registered sales since 2013
Dubai Land Department register for "TERRACE APARTMENT 2", 25 Mar 2013 to 12 Feb 2026: 46 apartment sales, plus 24 mortgages and 2 gifts. This source has every year and every unit type, but no unit numbers.
| Year | Apartments: sales | AED per sq ft |
|---|---|---|
| 2025 | 4 | 723 |
| 2023 | 1 | – |
| 2022 | 4 | 495 |
| 2021 | 2 | – |
| 2020 | 1 | – |
| 2019 | 1 | – |
| 2018 | 1 | – |
| 2017 | 1 | – |
| 2016 | 3 | 145 |
| 2015 | 3 | 582 |
| 2014 | 6 | 248 |
| 2013 | 19 | 249 |
Median AED per sq ft is shown for 3 or more sales in a year. 0 of these sales were off-plan and 46 were of completed units. What our unit list above does not have: sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 12 sales and our unit list has 12.
Sales, price cuts, new adverts, rents and news, on WhatsApp. You choose what and how often.
Which side faces what
The direction of each landmark from Terrace Apartment 2, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.
| Side | What lies that way |
|---|---|
| North | Dubai Marina skyline 9.0 km · Burj Al Arab and the sea 15.7 km · Jumeirah beach and the sea 23.9 km |
| North-east | Meydan racecourse 22.1 km · Sheikh Zayed Road 23.4 km · Burj Khalifa 24.5 km · Dubai Design District 24.8 km · DIFC 26.2 km · Dubai Creek and Ras Al Khor 27.3 km |
| East | Terrace Apartments, a tower 95 m away |
What residents say: Google place "Terrace Apartment block G" has 4.4 from 9 ratings
We read the 3 newest Google reviews that have text (of 9 fetched; the tower has 9 ratings), dated 2022-04 to 2025-12. A review is one resident's statement. We show counts, not quotes.
No problem is named by 2 or more reviews.
On the plus side
- Prime location / luxurious apartments (1 review, 2025-12) (1 review)
- Lake view with fountains, park and restaurants nearby (1 review, 2022-04) (1 review)
The building: 9 of 53 questions answered
Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.
- Completed
- 2012
- Floors
- 4
- Unit mix
- Sales records are almost all 3-bedroom units of about 4,400 sq ft (one 4-bedroom sale on record).
Amenities: Balcony or terrace
Where sources disagree
- a guide says 4 floors, but sales unit codes run up to 40xx; these are probably block-and-unit codes, not floor numbers, so the floor count is unconfirmed.
- The Google place is titled "Terrace Apartment block G", so its rating and reviews may cover only one block, not the whole of Terrace Apartment 2.
- One of the 3 text reviews (2024-02) is about a food order, not living in the building, so it is not counted as a review of the tower.
Watch-outs
Overall rating
Small apartments
Building
Floors, apartments and completion year
Can you use the balcony?
What do residents say on the plus side?
Amenities list
Developer
Finishes
Management
People
Parking
Around
Entertainment within a 15-minute walk
Metro and public transport
Around Terrace Apartment 2
Price against the nearest towers
| Tower | Distance | AED per sq ft, 12 months (sales) |
|---|---|---|
| Terrace Apartment 2 (this tower) | – | – (2) |
| Terrace Apartments | 95 m | – (4) |
| Lake Apartments | 260 m | – (3) |
| Lake Apartments A | 260 m | – (0) |
| Lakeview Apartments | 321 m | – (2) |
| Northwest Apartments 8 | 382 m | – (3) |
Drive times with no traffic
| To | Time | Distance |
|---|---|---|
| Dubai Mall | 30 min | 31.9 km |
| DIFC Gate | 29 min | 32.7 km |
| DXB Terminal 3 | 48 min | 47.7 km |
| Dubai Marina Mall | 23 min | 21.4 km |
| Mall of the Emirates | 21 min | 21.3 km |
| Kite Beach | 27 min | 27.2 km |
| DWC airport | 33 min | 21.5 km |
OSRM routing on OpenStreetMap roads. Real times in traffic are longer.
Own a unit here?
Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.
Method, sources and what we did not find
- Sales: unit-level Dubai Land Department sale records, 3 Nov 2020 to 23 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
- Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
- Residents and building facts: Google Maps reviews and guide pages (Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., live adverts: community guide, mcconeproperties.com), read by an AI model on 27 Oct 2026 with a fixed question list. A script checks that each answer names its source.
- Nobody visited the tower. Every fact is from a document, a map or a resident's review.
- Checked, not found for this tower: a floor plan document, unit positions on a floor, the side and view of each unit, the developer, a licensed photo.
Corrections
Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.
Change log: 27 Oct 2026 first build of this page. No correction yet.