B709, Golf Horizon Tower B
Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B709, Golf Horizon Tower B
What is B709 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 September 2021.
Key facts
- Type
- Studio apartment
- Size
- 478 sqft
- Floor
- 7th of 8
- Parking
- P1-173
- Developer
- DAMAC
- Completed
- 2015
- Service charge
- AED 6,600 /yr
- Last sold
- AED 728K · October 2014
- Building
- Golf Horizon Tower B
About B709, Golf Horizon Tower B
B709 is a studio of 478 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 7 October 2014 for AED 727,700, or AED 1,520 per sqft, 10% above the AED 1,377 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 28 September 2021, is AED 30,000 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 6,600 a year.
Sales and rents for B709 over time
B709 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Golf Horizon Tower B, and where B709 sits
All 23 studios →B709 last sold in October 2014 at AED 1,520 per sqft, 10% above what studios in Golf Horizon Tower B were fetching at the time (AED 1,377). Over the last 12 months studios sold for AED 565,000, around AED 1,251 per sqft, and rent for AED 36,000 to 52,000 a year. B709's AED 30,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20243 September 2024 | 595 sqft | 730,000 | 1,226 | ||
| 12 Jun 202312 June 2023 | 590 sqft | 425,000 | 719 | ||
| 27 Jan 202327 January 2023 | 595 sqft | 450,000 | 756 | ||
| 24 Aug 202224 August 2022 | 517 sqft | 400,000 | 773 |
Golf Horizon Tower B
Building80 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%
Other units on the 7th floor
All 80 units in Golf Horizon Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B701 | 3-bed | 1,985 sqft | AED 2.89MAED 2,894,650 · Dec 2014December 2014 | 126,500 /yr | |
| B702A | 2-bed | 1,697 sqft | AED 1.02MAED 1,022,052 · Jun 2022June 2022 | 160,000 /yr | |
| B702B | Studio | 331 sqft | AED 632KAED 631,750 · Aug 2014August 2014 | 35,200 /yr | |
| B703 | Studio | 484 sqft | AED 680KAED 680,200 · Oct 2014October 2014 | 32,500 /yr | |
| B704 | 2-bed | 1,509 sqft | AED 1.66MAED 1,660,440 · Dec 2013December 2013 | 125,000 /yr | |
| B705 | 1-bed | 851 sqft | AED 1.07MAED 1,072,550 · Oct 2014October 2014 | 50,000 /yr | |
| B706 | 1-bed | 888 sqft | AED 1.1MAED 1,100,100 · Oct 2014October 2014 | 63,500 /yr | |
| B707 | 1-bed | 847 sqft | AED 1.12MAED 1,116,000 · Mar 2014March 2014 | 73,000 /yr | |
| B708 | 2-bed | 1,486 sqft | AED 1.56MAED 1,556,100 · Dec 2013December 2013 | 133,500 /yr |
B709, Golf Horizon Tower B in numbers
- Sold once: by DAMAC on 7 October 2014 for AED 727,700, or AED 1,520 per sqft.
- Rented since March 2017 on 5 Ejari contracts, from AED 45,000 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2014 price is 4.1%, before a service charge of about AED 6,600 a year (AED 13.81 per sqft).
- Studios in Golf Horizon Tower B sold for AED 565,000–565,000 in the 12 months to November 2026; the building's median across all types is AED 1,234 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 28 September 2021.
Questions about B709, Golf Horizon Tower B
What did unit B709 last sell for?
AED 727,700 on 7 October 2014, sold by the developer: AED 1,520 per sqft for 478 sqft. It is the only registered sale of the unit.
What is the rent for unit B709?
AED 30,000 a year on the contract renewed on 28 September 2021. The previous contract, from September 2020, was AED 28,000; the unit has been rented since March 2017.
How big is unit B709?
478 sqft (44.4 sqm): a studio on the 7th floor of a 8-storey tower completed in 2015.
What is unit B709 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Horizon Tower B sold for AED 565,000 to 565,000 in the last 12 months, around AED 1,251 per sqft.
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Mortgage on B709, Golf Horizon Tower B
Starts from the last sale price (AED 728K, 7 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 727,700
- Deposit, UAE resident (20%)
- AED 145,540
- Deposit, non-resident (40%)
- AED 291,080
- Monthly over 25 years at 3.7%
- AED 2,977
Plus AED 35,573 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →