1-bed · 888 sqftGolf Horizon Tower A, Damac Hills · 5th floor · completed 2015

A508, Golf Horizon Tower A

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A508 · DLD and Ejari recordsUpdated 27 December 2024
Last soldAED 987K10 March 2014
Current rentAED 80K /yr27 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A508, Golf Horizon Tower A

What is A508 worth today?

Last sold for AED 987,000 in 2014

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27 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft
10 Jul 2023RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
10 Jul 2022RentedRenewal
AED 40,000/yr12 months · AED 45 per sqft
10 Jul 2021RentedRenewal
AED 37,000/yr12 months · AED 42 per sqft
10 Jul 2020RentedNew contract
AED 37,000/yr12 months · AED 42 per sqft
25 Jan 2019RentedRenewal
AED 63,000/yr12 months · AED 71 per sqft
25 Jan 2018RentedRenewal
AED 72,000/yr12 months · AED 81 per sqft
10 Mar 2014Sold by developerOff-plan
AED 987,000AED 1,110 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 December 2024.

Key facts

Type
1-bed apartment
Size
888 sqft
Floor
5th of 8
Parking
G-35
Developer
DAMAC
Completed
2015
Service charge
AED 12,300 /yr
Last sold
AED 987K · March 2014

About A508, Golf Horizon Tower A

A508 is a one-bedroom apartment of 888 sqft on the 5th floor of Golf Horizon Tower A, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. The developer sold it on 10 March 2014 for AED 987,000, or AED 1,110 per sqft, in line with the AED 1,086 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 27 December 2024, is AED 80,000 a year: a gross yield of 8.1% on the 2014 price, before the service charge of about AED 12,300 a year.

Sales and rents for A508 over time

Sales
Unit A508, each saleTypical one-bed in Golf Horizon Tower A
600K800K1M2013201620192022Typical sale price by year: 2013 AED 956,995; 2014 AED 987,000; 2017 AED 950,000; 2020 AED 585,000; 2023 AED 845,000Sold by developer, March 2014: AED 987,000 (AED 1,110 per sqft)

A508 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A508, each contractTypical one-bed in Golf Horizon Tower A
50K75K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 65,000; 2019 AED 57,750; 2020 AED 47,000; 2021 AED 43,000; 2022 AED 47,995; 2023 AED 54,825; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 87,500Renewal, January 2018: AED 72,000 a yearRenewal, January 2019: AED 63,000 a yearNew contract, July 2020: AED 37,000 a yearRenewal, July 2021: AED 37,000 a yearRenewal, July 2022: AED 40,000 a yearRenewal, July 2023: AED 45,000 a yearNew contract, December 2024: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Golf Horizon Tower A, and where A508 sits

All 29 1-beds →

A508 last sold in March 2014 at AED 1,110 per sqft, in line with what one-beds in Golf Horizon Tower A were fetching at the time (AED 1,086). Over the last 12 months one-beds sold for AED 1,125,000, around AED 1,328 per sqft, and rent for AED 80,000 to 95,000 a year. A508's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jan 20261,125,000
12 Mar 20251,125,000
11 Jul 2024875,000
29 Jan 2024940,000
1 1-bed sale in the last 12 months

Golf Horizon Tower A

Building

79 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2015 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 1,308
Typical sale
AED 1.46M
Typical rent
AED 88K /yr
Typical yield
7.3%
Golf Horizon Tower A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 79 units in Golf Horizon Tower A
Value
A501A1-bedAED 2.69M · Nov 2014
A501B1-bedAED 1.11M · Nov 2014
A502AED 2.48M · Mar 2014
A5031-bedAED 590K · Jun 2021
A504StudioAED 616K · Dec 2013
A505StudioAED 645K · Dec 2025
A506StudioAED 657K · Dec 2013
1–7 of 11

A508, Golf Horizon Tower A in numbers

  • Sold once: by DAMAC on 10 March 2014 for AED 987,000, or AED 1,110 per sqft.
  • Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 72,000 to AED 37,000 in 2021 and recovered to AED 80,000 by December 2024.
  • At AED 80,000 a year the gross yield on the 2014 price is 8.1%, before a service charge of about AED 12,300 a year (AED 13.81 per sqft).
  • One-beds in Golf Horizon Tower A sold for AED 1,125,000–1,125,000 in the 12 months to November 2026; the building's median across all types is AED 1,308 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 27 December 2024.

Questions about A508, Golf Horizon Tower A

What did unit A508 last sell for?

AED 987,000 on 10 March 2014, sold by the developer: AED 1,110 per sqft for 888 sqft. It is the only registered sale of the unit.

What is the rent for unit A508?

AED 80,000 a year on the contract signed on 27 December 2024. The previous contract, from July 2023, was AED 45,000; the unit has been rented since January 2018.

How big is unit A508?

888 sqft (82.5 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit A508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Horizon Tower A sold for AED 1,125,000 to 1,125,000 in the last 12 months, around AED 1,328 per sqft.

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Mortgage on A508, Golf Horizon Tower A

Starts from the last sale price (AED 987K, 10 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 987,000
Deposit, UAE resident (20%)
AED 197,400
Deposit, non-resident (40%)
AED 394,800
Monthly over 25 years at 3.7%
AED 4,038

Plus AED 46,464 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →