2-bed · 1,509 sqftGolf Horizon Tower B, Damac Hills · 7th floor · completed 2015

B704, Golf Horizon Tower B

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B704 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.66M24 December 2013
Current rentAED 125K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B704, Golf Horizon Tower B

What is B704 worth today?

Last sold for AED 1,660,440 in 2013

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10 Oct 2024RentedRenewal
AED 125,000/yr12 months · AED 83 per sqft
10 Oct 2023RentedNew contract
AED 125,000/yr12 months · AED 83 per sqft
6 Dec 2022RentedRenewal
AED 86,000/yr12 months · AED 57 per sqft
30 Nov 2021RentedNew contract
AED 82,500/yr12 months · AED 55 per sqft
25 Jun 2020RentedNew contract
AED 68,000/yr12 months · AED 45 per sqft
5 Aug 2018RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
25 Jul 2017RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
24 Dec 2013Sold by developerOff-plan
AED 1,660,440AED 1,100 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,509 sqft
Floor
7th of 8
Parking
P1-168
Developer
DAMAC
Completed
2015
Service charge
AED 20,800 /yr
Last sold
AED 1.66M · December 2013

About B704, Golf Horizon Tower B

B704 is a two-bedroom apartment of 1,509 sqft on the 7th floor of Golf Horizon Tower B, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. The developer sold it on 24 December 2013 for AED 1,660,440, or AED 1,100 per sqft, in line with the AED 1,073 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 10 October 2024, is AED 125,000 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 20,800 a year.

Sales and rents for B704 over time

Sales
Unit B704, 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 2013: AED 1,660,440 (AED 1,100 per sqft)

B704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B704, each contractTypical two-bed in Golf Horizon Tower B
100K2017202020232026Typical 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, July 2017: AED 95,000 a yearNew contract, August 2018: AED 85,000 a yearNew contract, June 2020: AED 68,000 a yearNew contract, November 2021: AED 82,500 a yearRenewal, December 2022: AED 86,000 a yearNew contract, October 2023: AED 125,000 a yearRenewal, October 2024: AED 125,000 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 B704 sits

All 17 2-beds →

B704 last sold in December 2013 at AED 1,100 per sqft, in line with what two-beds in Golf Horizon Tower B were fetching at the time (AED 1,073).

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 7th floor

All 80 units in Golf Horizon Tower B
Value
B7013-bedAED 2.89M · Dec 2014
B702A2-bedAED 1.02M · Jun 2022
B702BStudioAED 632K · Aug 2014
B703StudioAED 680K · Oct 2014
B7051-bedAED 1.07M · Oct 2014
B7061-bedAED 1.1M · Oct 2014
B7071-bedAED 1.12M · Mar 2014
1–7 of 9

B704, Golf Horizon Tower B in numbers

  • Sold once: by DAMAC on 24 December 2013 for AED 1,660,440, or AED 1,100 per sqft.
  • Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 68,000 in 2020 and recovered to AED 125,000 by October 2024.
  • At AED 125,000 a year the gross yield on the 2013 price is 7.5%, before a service charge of about AED 20,800 a year (AED 13.81 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Questions about B704, Golf Horizon Tower B

What did unit B704 last sell for?

AED 1,660,440 on 24 December 2013, sold by the developer: AED 1,100 per sqft for 1,509 sqft. It is the only registered sale of the unit.

What is the rent for unit B704?

AED 125,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 125,000; the unit has been rented since July 2017.

How big is unit B704?

1,509 sqft (140.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.

What is unit B704 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 B704, Golf Horizon Tower B

Starts from the last sale price (AED 1.66M, 24 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,660,440
Deposit, UAE resident (20%)
AED 332,088
Deposit, non-resident (40%)
AED 664,176
Monthly over 25 years at 3.7%
AED 6,793

Plus AED 74,749 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →