2-bed · 1,452 sqftGolf Horizon Tower B, Damac Hills · 3rd floor · completed 2015

B311, Golf Horizon Tower B

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B311 · DLD and Ejari recordsUpdated 22 June 2024
Last soldAED 1.53M27 December 2014
Current rentAED 110K /yr22 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B311, Golf Horizon Tower B

What is B311 worth today?

Last sold for AED 1,532,290 in 2014

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22 Jun 2024RentedRenewal
AED 110,000/yr12 months · AED 76 per sqft
22 Jun 2023RentedRenewal
AED 97,000/yr12 months · AED 67 per sqft
22 Jun 2022RentedRenewal
AED 82,000/yr12 months · AED 56 per sqft
1 Jun 2019RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft
1 Jun 2019RentedNew contract · flagged as an outlier
AED 876,923/yr13 months · AED 604 per sqft
1 Jun 2018RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft
1 Apr 2017RentedNew contract
AED 105,000/yr12 months · AED 72 per sqft
27 Dec 2014Sold by developerOff-plan
AED 1,532,290AED 1,055 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 June 2024.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
3rd of 8
Parking
G-56
Developer
DAMAC
Completed
2015
Service charge
AED 20,100 /yr
Last sold
AED 1.53M · December 2014

About B311, Golf Horizon Tower B

B311 is a two-bedroom apartment of 1,452 sqft on the 3rd floor of Golf Horizon Tower B, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. The developer sold it on 27 December 2014 for AED 1,532,290, or AED 1,055 per sqft, 16% below the AED 1,253 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 22 June 2024, is AED 110,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 20,100 a year.

Sales and rents for B311 over time

Sales
Unit B311, each saleTypical two-bed in Golf Horizon Tower B
1.5M2M2013201620192022Typical sale price by year: 2013 AED 1,652,220; 2014 AED 1,962,475; 2022 AED 1,186,158; 2023 AED 1,700,000Sold by developer, December 2014: AED 1,532,290 (AED 1,055 per sqft)

B311 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B311, each contractTypical two-bed in Golf Horizon Tower B
75K100K125K2017202020232026Typical rent by year: 2017 AED 108,500; 2018 AED 95,000; 2019 AED 90,125; 2020 AED 85,000; 2021 AED 81,250; 2022 AED 84,000; 2023 AED 102,571; 2024 AED 120,000; 2025 AED 130,750New contract, April 2017: AED 105,000 a yearNew contract, June 2018: AED 95,000 a yearNew contract, June 2019: AED 95,000 a yearRenewal, June 2022: AED 82,000 a yearRenewal, June 2023: AED 97,000 a yearRenewal, June 2024: AED 110,000 a year

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

2-beds in Golf Horizon Tower B, and where B311 sits

All 17 2-beds →

B311 last sold in December 2014 at AED 1,055 per sqft, 16% below what two-beds in Golf Horizon Tower B were fetching at the time (AED 1,253).

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jul 20252,600,000
20 Jun 20252,250,000
2 Aug 20241,600,000
13 Jun 20241,600,000
0 2-bed sales in the last 12 months

Golf Horizon Tower B

Building

80 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2015 by DAMAC. 2 sold in the last 12 months.

Typical price per sqft
AED 1,234
Typical sale
AED 795K
Typical rent
AED 75K /yr
Typical yield
7.5%
Golf Horizon Tower B, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 80 units in Golf Horizon Tower B
Value
B3012-bedAED 1.68M · Jul 2018
B302A2-bedAED 1.51M · Jul 2023
B302BStudioAED 626K · Jun 2014
B3031-bedAED 882K · Dec 2013
B304StudioAED 601K · Jun 2014
B305StudioAED 683K · Jul 2014
B306StudioAED 400K · Apr 2019
1–7 of 12

B311, Golf Horizon Tower B in numbers

  • Sold once: by DAMAC on 27 December 2014 for AED 1,532,290, or AED 1,055 per sqft.
  • Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 82,000 in 2022 and recovered to AED 110,000 by June 2024.
  • At AED 110,000 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 20,100 a year (AED 13.81 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 June 2024.

Questions about B311, Golf Horizon Tower B

What did unit B311 last sell for?

AED 1,532,290 on 27 December 2014, sold by the developer: AED 1,055 per sqft for 1,452 sqft. It is the only registered sale of the unit.

What is the rent for unit B311?

AED 110,000 a year on the contract renewed on 22 June 2024. The previous contract, from June 2023, was AED 97,000; the unit has been rented since April 2017.

How big is unit B311?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit B311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B311, Golf Horizon Tower B

Starts from the last sale price (AED 1.53M, 27 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,532,290
Deposit, UAE resident (20%)
AED 306,458
Deposit, non-resident (40%)
AED 612,916
Monthly over 25 years at 3.7%
AED 6,269

Plus AED 69,367 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →