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ReadyHanded over

The Terraces

by Bolton Real Estate Development - Fz Al Merkadh

About The Terraces

The Terraces is a residential development by Bolton Real Estate Development - Fz, in Al Merkadh, Dubai. The project comprises 251 homes across 2 buildings.

Key information

Developer
Bolton Real Estate Development - Fz
Handover
Q1 2022
Status
Handed over
Location
Al Merkadh, Dubai
Master project
Sobha Hartland
Construction started
2017
Number of buildings
2
Number of units
251
Registered with DLD
21 Jan 2018
Escrow bank
Emirates NBD
Escrow account no.
0205316931002
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2017
  2. Handed over
    Q1 2022

Construction progress

102 inspection photos from the Dubai Land Department. Latest 17 Nov 2022 at 100% complete.

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Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
16 Elevators
11 Floors
Retail & Shops

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
422
Median price
AED 1.4M
Median price / sqft
AED 1K+52%
Off-plan share
65%

Priced 28% below than the Al Merkadh median of AED 2K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
1 Bed166767 sqftAED 1.0MAED 1K
2 Bed2201,447 sqftAED 1.9MAED 1K
3 Bed302,239 sqftAED 3.2MAED 1K

Price per sqft by year

+52% since 2019

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
08 Sept 2026Resale671 sqftAED 1.3MAED 2K
23 Jul 2026Resale1,159 sqftAED 2.0MAED 2K
17 Jul 2026Resale1,671 sqftAED 3.3MAED 2K
09 Jun 2026Resale2,721 sqftAED 3.5MAED 1K
03 Jun 2026Resale753 sqftAED 1.5MAED 2K
19 May 2026Resale1,132 sqftAED 2.1MAED 2K
30 Mar 2026Resale1,529 sqftAED 3.1MAED 2K
17 Mar 2026Resale1,002 sqftAED 2.0MAED 2K

Unit mix

251 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Commercial6-
1 B/R100670 - 1,167 sqft
2 B/R1271,117 - 2,858 sqft
3 B/R181,699 - 3,196 sqft

Payment plan

Payment plans are set by Bolton Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Al Merkadh, Dubai.

Al Merkadh

Dubai, United Arab Emirates

Frequently asked questions

The Terraces has already been handed over (Q1 2022), according to Dubai Land Department records.

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Handover Q1 2022100% complete

The Terraces

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