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Off-plan building · Union Properties

Terrace Apartment 2, Dubai Investment Park First

Highlights

Terrace Apartment 2 at a glance

About Terrace Apartment 2

Terrace Apartment 2 is a residential building in Dubai Investment Park First, Dubai, developed by Union Properties. It holds about 24 units: 3-bedroom apartments, 4-bedroom apartments. Depending on the unit, windows look out over Community.

2 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 541 per sq ft.

Terrace Apartment 2 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 3,390 to 5,070 sq ft
  • Views: Community View
  • Service charge from AED 20.4 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 500.0K
Медианная цена за sq ft
AED 541
Median gross yield
8.0%
Сервисный сбор
AED 20.4 per sq ft (2026)
Nearest metro
Dubai Investment Park, 0.9 km

Building details

Inside Terrace Apartment 2

Properties in Terrace Apartment 2

3-bedroom apartments in Terrace Apartment 2

There are about 18 of these in Terrace Apartment 2, from 3,390 to 4,540 sq ft. They have recently sold for a median of AED 3.4M, or AED 770 per sq ft. Owners who resold made a median 8% over what they paid.

4-bedroom apartments in Terrace Apartment 2

There are about 6 of these in Terrace Apartment 2, from 4,800 to 5,070 sq ft. None has sold recently enough to quote a price.

Unit types in Terrace Apartment 2 with sizes, median prices and rents
Тип объектаОбъектыПлощадьМедианная ценаMedian rent
3 Beds183,390 sqft314.9 sqmt – 4,540 sqft421.8 sqmtAED 3.4MAED 240K
4 Beds64,800 sqft445.9 sqmt – 5,070 sqft471 sqmtНедавних продаж нет–

Recent transactions in Terrace Apartment 2

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 3.1M

    AED 699 /sqftAED 7,524 /sqmt

    ГотовоКвартира
    4,400 sqft408.8 sqmt3 BedsВладелец7 Aug 2026

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 3.8M

    AED 836 /sqftAED 8,999 /sqmt

    ГотовоКвартира
    4,486 sqft416.8 sqmt3 BedsВладелец17 Mar 2026

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 3.3M

    AED 797 /sqftAED 8,579 /sqmt

    ГотовоКвартира
    4,141 sqft384.7 sqmt3 BedsВладелец8 Aug 2025

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 3.2M

    AED 720 /sqftAED 7,750 /sqmt

    ГотовоКвартира
    4,400 sqft408.8 sqmt3 BedsВладелец8 Jul 2025

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 2.8M

    AED 668 /sqftAED 7,190 /sqmt

    ГотовоКвартира
    4,194 sqft389.6 sqmt3 BedsВладелец12 May 2025

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 3.6M

    AED 725 /sqftAED 7,804 /sqmt

    ГотовоКвартира
    4,909 sqft456.1 sqmt4 BedsВладелец27 Mar 2025

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 2.6M

    AED 577 /sqftAED 6,211 /sqmt

    ГотовоКвартира
    4,509 sqft418.9 sqmt3 BedsВладелец20 Jun 2023

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 2.5M

    AED 511 /sqftAED 5,500 /sqmt

    ГотовоКвартира
    4,896 sqft454.9 sqmt4 BedsВладелец14 Dec 2022

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 2.2M

    AED 631 /sqftAED 6,792 /sqmt

    ГотовоКвартира
    3,488 sqft324 sqmt3 BedsВладелец10 Oct 2022

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 2.1M

    AED 468 /sqftAED 5,038 /sqmt

    ГотовоКвартира
    4,486 sqft416.8 sqmt3 BedsВладелец18 Feb 2022

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 2.4M

    AED 479 /sqftAED 5,156 /sqmt

    ГотовоКвартира
    4,909 sqft456.1 sqmt4 BedsВладелец26 Jan 2022

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 1.8M

    AED 528 /sqftAED 5,683 /sqmt

    ГотовоКвартира
    3,409 sqft316.7 sqmt3 BedsВладелец28 Dec 2021

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 2M

    AED 455 /sqftAED 4,898 /sqmt

    ГотовоКвартира
    4,400 sqft408.8 sqmt3 BedsВладелец26 Aug 2021

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 1.7M

    AED 377 /sqftAED 4,058 /sqmt

    ГотовоКвартира
    4,509 sqft418.9 sqmt3 BedsВладелец3 Nov 2020

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 1.5M

    AED 436 /sqftAED 4,693 /sqmt

    ГотовоКвартира
    3,450 sqft320.5 sqmt3 BedsВладелец31 Jul 2019

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 2.2M

    AED 525 /sqftAED 5,651 /sqmt

    ГотовоКвартира
    4,194 sqft389.6 sqmt3 BedsВладелец22 Feb 2018

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 2.4M

    AED 553 /sqftAED 5,952 /sqmt

    ГотовоКвартира
    4,400 sqft408.8 sqmt3 BedsВладелец3 Jul 2017

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 2.6M

    AED 519 /sqftAED 5,586 /sqmt

    ГотовоКвартира
    4,928 sqft457.8 sqmt4 BedsВладелец29 Jun 2016

  • Terrace Apartment 2

    Dubai Investment Park First

    AED 240K/yr

    КвартираПродление
    3,489 sqft324.1 sqmt3 Bedsдо

Every sale in Terrace Apartment 2Every rent contract in Terrace Apartment 2

Service charges in Terrace Apartment 2

The 2026 service charge in Terrace Apartment 2 is AED 20.4 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 2
Тип объектаRate per sq ftПлощадьYearly charge
3 Beds Apartment (2026)AED 20.43,390 sqft314.9 sqmt – 4,540 sqft421.8 sqmtAED 69,156 – AED 92,616
4 Beds Apartment (2026)AED 20.44,800 sqft445.9 sqmt – 5,070 sqft471 sqmtAED 97,920 – AED 103,428

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

Nearby amenities

Around Terrace Apartment 2

Transportation near Terrace Apartment 2

The nearest Dubai Metro station from Terrace Apartment 2 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 2

The closest is Spinneys / Green Community (Located in Emirates Road), 0.4 km from Terrace Apartment 2 (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 2

The closest is Grand Midwest Express Hotel, 6.2 km from Terrace Apartment 2 (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 2

The closest is Jebel Ali Hospital, 5.8 km from Terrace Apartment 2 (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 2

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 2 with:

Все 82 Dubai Investment Park First buildings →

Things to consider about Terrace Apartment 2

In its favour

  • Dubai Investment Park metro station is within walking distance.
  • Owners who resold have made money: a median gain of up to 8%.
  • A median gross yield of 8.0% 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 20.4 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 2

These brokers handle sales and lettings in Terrace Apartment 2 and can tell you what is available now.

Часто задаваемые вопросы

Terrace Apartment 2: questions answered

Terrace Apartment 2 was developed by Union Properties in Dubai Investment Park First.

Across its 18 most recent registered sales, Terrace Apartment 2 sold for a median of AED 541 per sq ft and AED 2.5M per unit.

Recent yearly contracts in Terrace Apartment 2 have a median rent of AED 240.0K.

The median gross yield on recently sold units in Terrace Apartment 2 is 8.0%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Terrace Apartment 2 is AED 20.4 per sq ft a year, as registered with the Dubai Land Department.

Terrace Apartment 2 has 3 Beds (3,390 to 4,540 sq ft), 4 Beds (4,800 to 5,070 sq ft).

Dubai Investment Park is about 0.9 km from Terrace Apartment 2.

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 2?

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

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