Units in The Terraces sold at a median price of AED 1,958 per sqft over the last 12 months, based on 18 registered sales in Al Merkadh. That is about 5.9% below the Al Merkadh district median. The dashboard above opens on this project; the FAQs below cover prices, yields and off-plan activity.
| Year | Median AED/sqft | Registered sales |
|---|---|---|
| 2023 | AED 1,461 | 87 |
| 2024 | AED 1,798 | 21 |
| 2025 | AED 1,899 | 21 |
| 2026 (so far) | AED 1,963 | 12 |
Units in The Terraces in Al Merkadh, Dubai sold at a median price of AED 1,958 per sqft over the last 12 months, across 18 registered sales. The median transaction value was AED 2,210,000.
The Terraces trades about 5.9% below the Al Merkadh district median of the last 12 months, based on registered sale prices per sqft. See Al Merkadh price trends for the full area picture.
The 12-month median price per sqft for The Terraces is up 6.6% versus the previous 12 months, per registered Dubai transactions.
Registered 12-month median prices by layout - 2-bedroom: AED 2,235,000 (median of 13 sales).
Indicative gross yields using registered Al Merkadh rents against The Terraces sale prices for the same bedroom count - 2-bedroom: about 5.9% (AED 132,500 district rent vs AED 2,235,000 in The Terraces). Gross yield excludes service charges and fees.
All figures are computed from official DLD (Dubai Land Department) registered transaction records and refreshed with our daily data pipeline. Figures are medians and indicative only, not valuations.
Source: DLD (Dubai Land Department). Data updated 2026-07-11. Medians are computed from registered residential sales; figures are indicative, not valuations.
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