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The Terraces rent: what tenants really pay
Rent in The Terraces, Meydan One: 1-bed AED 90,000, 2-bed AED 158,000 a year. These are medians of 113 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 121, against AED 130 across Meydan One. About 16 homes here are advertised for rent now.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“The Terraces: value at AED 121 a sq ft against the Meydan One median of 130. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about The Terraces
- Per sq ft, a 1-bed here costs 7% less than the Meydan One median: AED 121 against AED 130. It is number 21 of 82 Meydan One buildings, cheapest first.
- Homes here are bigger than usual. The median 1-bed here is 753 sq ft. That is 17% above the Meydan One median of 642 sq ft.
- New 1-bed tenants pay AED 90,000, renewing tenants AED 95,000. For the same home, renewing is more expensive than moving in: a new tenant pays 5% less.
- New-lease rent per sq ft fell 6% on the year, to AED 124 a sq ft.
- About 16 homes are advertised for rent against 113 leases signed in a year: a normal amount of choice.
- 20 leases end in the next 60 days, so more homes may become available soon.
Rent in The Terraces by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| 1-bed | 90,000 | 95,000 | – | 753 | 121 | 54 |
| 2-bed | 158,000 | 140,018 | – | 1,132 | 125 | 54 |
Where The Terraces is, and the buildings around it
We do not hold the exact position of The Terraces yet; the map shows Meydan One.
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Finding
A new 1-bed tenant in The Terraces pays 5% less than a renewing one for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
- For a 1-bed in this building, new tenants pay less than renewing tenants.
- If you renew, ask for the new-lease price.
- The renewal figure shows what the landlord accepts from tenants he wants to keep.
- Renew or move →
Finding
New-lease rent per sq ft in The Terraces fell 6% on the year.
Median new lease, AED a sq ft, by quarter
AED 124 a sq ft in the 12 months to 15 Oct 2026, against AED 131 the year before. Quarters with fewer than 10 new leases are left out of the chart.
Supply
20 leases in The Terraces end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other Meydan One buildings, 1-bed
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 | 90,000 | 748 | 121 | 48 |
| Sobha Hartland Greens - Phase III | 91,000 | 756 | 121 | 100 |
| Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15 | 91,000 | 760 | 120 | 38 |
| Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 | 91,000 | 759 | 120 | 35 |
| Azizi Riviera 3 | 88,477 | 821 | 111 | 68 |
| Wilton Terraces | 88,000 | 815 | 113 | 95 |
| Sobha Hartland - The Crest | 85,000 | 589 | 141 | 483 |
| Sobha Hartland - Crest Grande | 95,000 | 905 | 108 | 176 |
Buying in Meydan One? Sale prices, every tower, resale and off-plan: Meydan One on BUY DUBAI →
Questions
How much is rent in The Terraces?
Rent in The Terraces, Meydan One: 1-bed AED 90,000, 2-bed AED 158,000 a year. These are medians of 113 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 121, against AED 130 across Meydan One. About 16 homes here are advertised for rent now.
How much is a 1 bedroom in The Terraces?
The median rent for a new 1-bed lease in The Terraces is AED 90,000 a year (AED 7,500 a month). The median size is 753 sq ft. This is from 29 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 2 bedroom in The Terraces?
The median rent for a new 2-bed lease in The Terraces is AED 158,000 a year (AED 13,167 a month). The median size is 1,132 sq ft. This is from 33 new leases, 16 Oct 2025–15 Oct 2026.
Is it cheaper to renew or move in The Terraces?
For a 1-bed, new tenants pay a median AED 90,000 and renewing tenants AED 95,000. For the same home, a new tenant pays 5% less.
Is rent going up in The Terraces?
Rent per sq ft on new leases in The Terraces: AED 124 in the 12 months to 15 Oct 2026, against AED 131 the year before.
What are the alternatives to The Terraces in Meydan One?
Similar rent for a 1-bed: Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 AED 90,000, Sobha Hartland Greens - Phase III AED 91,000, Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15 AED 91,000, Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 AED 91,000.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "The Terraces". 113 leases 16 Oct 2025–15 Oct 2026, 65 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.