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Off-plan building · Union Properties

Terrace Apartment 1, Dubai Investment Park First

Highlights

Terrace Apartment 1 at a glance

About Terrace Apartment 1

Terrace Apartment 1 is a residential building in Dubai Investment Park First, Dubai, developed by Union Properties. It holds about 32 units: 3-bedroom apartments, 4-bedroom apartments. Depending on the unit, windows look out over Community.

4 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 726 per sq ft.

Terrace Apartment 1 is one of 82 buildings in Dubai Investment Park First: 19 are complete and 29 are still being built.

In a nutshell

  • A residential off-plan building
  • Located in Dubai Investment Park First, Dubai
  • Developed by Union Properties
  • Unit types: 3 Beds, 4 Beds
  • Sizes from 3,410 to 5,060 sq ft
  • Views: Community View
  • Service charge from AED 23.16 per sq ft
  • Dubai Investment Park metro station 0.9 km away
Статус
Недвижимость на стадии строительства
Девелопер
Union Properties
Местоположение
Dubai Investment Park First, Dubai
Типы объектов
3 Beds, 4 Beds
Prices from
AED 1.1M
Медианная цена за sq ft
AED 726
Median gross yield
6.0%
Сервисный сбор
AED 23.16 per sq ft (2026)
Nearest metro
Dubai Investment Park, 0.9 km

Building details

Inside Terrace Apartment 1

Properties in Terrace Apartment 1

3-bedroom apartments in Terrace Apartment 1

There are about 24 of these in Terrace Apartment 1, from 3,410 to 4,510 sq ft. They have recently sold for a median of AED 3.5M, or AED 790 per sq ft. Owners who resold made a median 10% over what they paid.

4-bedroom apartments in Terrace Apartment 1

There are about 8 of these in Terrace Apartment 1, from 4,860 to 5,060 sq ft. They have recently sold for a median of AED 4.5M, or AED 890 per sq ft.

Unit types in Terrace Apartment 1 with sizes, median prices and rents
Тип объектаОбъектыПлощадьМедианная ценаMedian rent
3 Beds243,410 sqft316.8 sqmt – 4,510 sqft419 sqmtAED 3.5MAED 300K
4 Beds84,860 sqft451.5 sqmt – 5,060 sqft470.1 sqmtAED 4.5M–

Recent transactions in Terrace Apartment 1

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 3.5M

    AED 786 /sqftAED 8,460 /sqmt

    ГотовоКвартира
    4,430 sqft411.6 sqmt3 BedsВладелец25 Jun 2026

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 4.5M

    AED 890 /sqftAED 9,580 /sqmt

    ГотовоКвартира
    5,057 sqft469.8 sqmt4 BedsВладелец29 Apr 2026

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 4.3M

    AED 874 /sqftAED 9,408 /sqmt

    ГотовоКвартира
    4,863 sqft451.8 sqmt4 BedsВладелец29 Jan 2026

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 4.8M

    AED 977 /sqftAED 10,516 /sqmt

    ГотовоКвартира
    4,862 sqft451.7 sqmt4 BedsВладелец12 Dec 2025

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 3.2M

    AED 716 /sqftAED 7,707 /sqmt

    ГотовоКвартира
    4,468 sqft415.1 sqmt3 BedsВладелец22 Sept 2025

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 3.2M

    AED 750 /sqftAED 8,073 /sqmt

    ГотовоКвартира
    4,199 sqft390.1 sqmt3 BedsВладелец26 Aug 2025

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 3.1M

    AED 879 /sqftAED 9,461 /sqmt

    ГотовоКвартира
    3,469 sqft322.3 sqmt3 BedsВладелец26 Jun 2025

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 3.3M

    AED 736 /sqftAED 7,922 /sqmt

    ГотовоКвартира
    4,486 sqft416.8 sqmt3 BedsВладелец23 Jun 2025

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 3.3M

    AED 741 /sqftAED 7,976 /sqmt

    ГотовоКвартира
    4,486 sqft416.8 sqmt3 BedsВладелец16 Aug 2024

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 3.3M

    AED 646 /sqftAED 6,953 /sqmt

    ГотовоКвартира
    5,034 sqft467.7 sqmt4 BedsВладелец3 Apr 2024

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 3.1M

    AED 700 /sqftAED 7,535 /sqmt

    ГотовоКвартира
    4,430 sqft411.6 sqmt3 BedsВладелец30 Jan 2024

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 3.2M

    AED 762 /sqftAED 8,202 /sqmt

    ГотовоКвартира
    4,197 sqft389.9 sqmt3 BedsВладелец17 Jan 2024

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 2.6M

    AED 619 /sqftAED 6,663 /sqmt

    ГотовоКвартира
    4,198 sqft390 sqmt3 BedsВладелец25 May 2023

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 2.5M

    AED 543 /sqftAED 5,845 /sqmt

    ГотовоКвартира
    4,509 sqft418.9 sqmt3 BedsВладелец9 May 2023

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 2.3M

    AED 1,372 /sqftAED 14,768 /sqmt

    ГотовоКвартира
    3,409 sqft316.7 sqmt3 BedsВладелец29 Dec 2022

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 2.1M

    AED 415 /sqftAED 4,467 /sqmt

    ГотовоКвартира
    5,057 sqft469.8 sqmt4 BedsВладелец14 Nov 2022

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 2.3M

    AED 519 /sqftAED 5,586 /sqmt

    ГотовоКвартира
    4,430 sqft411.6 sqmt3 BedsВладелец10 Nov 2022

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 2.5M

    AED 504 /sqftAED 5,425 /sqmt

    ГотовоКвартира
    4,862 sqft451.7 sqmt4 BedsВладелец19 Oct 2022

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 2.3M

    AED 652 /sqftAED 7,018 /sqmt

    ГотовоКвартира
    3,450 sqft320.5 sqmt3 BedsВладелец14 Sept 2022

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 2.2M

    AED 623 /sqftAED 6,706 /sqmt

    ГотовоКвартира
    3,469 sqft322.3 sqmt3 BedsВладелец13 Sept 2022

  • Terrace Apartment 1

    Dubai Investment Park First

    AED 300K/yr

    КвартираНовый договор
    3,447 sqft320.2 sqmt3 Bedsдо

Every sale in Terrace Apartment 1Every rent contract in Terrace Apartment 1

Service charges in Terrace Apartment 1

The 2026 service charge in Terrace Apartment 1 is AED 23.16 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Terrace Apartment 1
Тип объектаRate per sq ftПлощадьYearly charge
3 Beds Apartment (2026)AED 23.163,410 sqft316.8 sqmt – 4,510 sqft419 sqmtAED 78,976 – AED 104,452
4 Beds Apartment (2026)AED 23.164,860 sqft451.5 sqmt – 5,060 sqft470.1 sqmtAED 112,558 – AED 117,190

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Terrace Apartment 1

Transportation near Terrace Apartment 1

The nearest Dubai Metro station from Terrace Apartment 1 is Dubai Investment Park (red line, 0.9 km, about 11 min walk), then Jumeirah Golf Estates (red line, 1.8 km, about 6 min drive). Stations planned on new lines nearby include Jumeirah Golf Estates Interchange (golden line, 1.8 km, about 6 min drive) and Dubai Production City (golden line, 3.9 km, about 10 min drive).

  • Dubai Investment ParkRed line · 0.9 km · about 11 min walk
  • Джумейра Гольф ЭстейтсRed line · 1.8 km · about 6 min drive
  • Jumeirah Golf Estates InterchangeGolden line · 1.8 km · about 6 min drive
  • Аль-ФурджанRed line · 3.4 km · about 9 min drive
  • Dubai Production CityGolden line · 3.9 km · about 10 min drive
  • Discovery GardensRed line · 4.1 km · about 10 min drive

Shopping and groceries near Terrace Apartment 1

The closest is Spinneys / Green Community (Located in Emirates Road), 0.4 km from Terrace Apartment 1 (about 5 min walk).

  • Spinneys / Green Community (Located in Emirates Road)Supermarket · 0.4 km · about 5 min walk
  • Jumeirah Park Pavilion (Community Center)Shopping Mall · 4.6 km · about 11 min drive
  • Ibn Batuta MallShopping Mall · 6.4 km · about 15 min drive
  • GEANT Hypermarket / IBN Batuta MallSupermarket · 6.5 km · about 15 min drive
  • Arena MallShopping Mall · 7.8 km · about 18 min drive

Restaurants and hotels near Terrace Apartment 1

The closest is Grand Midwest Express Hotel, 6.2 km from Terrace Apartment 1 (about 14 min drive).

  • Grand Midwest Express HotelHotel · 6.2 km · about 14 min drive
  • Medlock VillasHotel · 7.2 km · about 16 min drive
  • Radisson Royal Hotel DubaiHotel · 7.6 km · about 17 min drive
  • Nassima Towers Hotel ApartmentsHotel · 7.6 km · about 17 min drive
  • Gloria HotelHotel · 7.8 km · about 18 min drive

Hospitals and clinics near Terrace Apartment 1

The closest is Jebel Ali Hospital, 5.8 km from Terrace Apartment 1 (about 14 min drive).

  • Jebel Ali HospitalHospital · 5.8 km · about 14 min drive
  • Cedars- Jebel Ali International HospitalHospital · 7.8 km · about 18 min drive

Schools near Terrace Apartment 1

The nearest is Dove Green Private School L.L.C, 0.9 km away. Ratings are the KHDA's latest inspection grades.

  • Dove Green Private School L.L.CUK · KHDA: Good · 0.9 km
  • Durham School L.L.CUK · KHDA: Acceptable · 0.9 km
  • Al Nibras International Private SchoolAmerican · KHDA: Good · 0.9 km
  • Bright Riders SchoolIndian · KHDA: Good · 1.1 km
  • The International School of Choueifat (Branch)SABIS (UK/US) · KHDA: Acceptable · 2.1 km
  • Greenfield International SchoolInternational Baccalaureate · KHDA: Very good · 3 km

Other buildings in Dubai Investment Park First

Dubai Investment Park First has 82 buildings. A few others to compare Terrace Apartment 1 with:

Все 82 Dubai Investment Park First buildings →

Things to consider about Terrace Apartment 1

In its favour

  • Dubai Investment Park metro station is within walking distance.
  • Owners who resold have made money: a median gain of up to 10%.
  • A median gross yield of 6.0% on recent sales.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Service charges of up to AED 23.16 per sq ft are on the higher side for Dubai.
  • Still being built: the handover date can move, and the price is paid in stages before you get the keys.

Specialists

Brokers who know Terrace Apartment 1

These brokers handle sales and lettings in Terrace Apartment 1 and can tell you what is available now.

Часто задаваемые вопросы

Terrace Apartment 1: questions answered

Terrace Apartment 1 was developed by Union Properties in Dubai Investment Park First.

Across its 20 most recent registered sales, Terrace Apartment 1 sold for a median of AED 726 per sq ft and AED 3.1M per unit.

Recent yearly contracts in Terrace Apartment 1 have a median rent of AED 300.0K.

The median gross yield on recently sold units in Terrace Apartment 1 is 6.0%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Terrace Apartment 1 is AED 23.16 per sq ft a year, as registered with the Dubai Land Department.

Terrace Apartment 1 has 3 Beds (3,410 to 4,510 sq ft), 4 Beds (4,860 to 5,060 sq ft).

Dubai Investment Park is about 0.9 km from Terrace Apartment 1.

The nearest schools include Dove Green Private School L.L.C (0.9 km), Durham School L.L.C (0.9 km), Al Nibras International Private School (0.9 km).

Buying, selling or renting in Terrace Apartment 1?

A broker who works Dubai Investment Park First will tell you what is available and what comparable homes went for.

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