1-bed · 838 sqftGolf Panorama Tower A, Damac Hills · 5th floor · completed 2015

A507, Golf Panorama Tower A

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A507 · DLD and Ejari recordsUpdated 8 December 2023
Last soldAED 815K8 December 2023
Current rentAED 46K /yr14 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A507, Golf Panorama Tower A

What is A507 worth today?

Last sold for AED 815,000 in 2023

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8 Dec 2023SoldReady
AED 815,000AED 973 per sqft
14 Sep 2022RentedRenewal
AED 46,000/yr12 months · AED 55 per sqft
14 Sep 2021RentedRenewal
AED 46,000/yr12 months · AED 55 per sqft
14 Sep 2018RentedRenewal
AED 61,000/yr12 months · AED 73 per sqft
14 Sep 2017RentedNew contract
AED 64,000/yr12 months · AED 76 per sqft
2 Mar 2014Sold by developerOff-plan
AED 1,061,150AED 1,266 per sqft

Source: Dubai Land Department. Updated 8 December 2023.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
5th of 8
Parking
G-75
Developer
DAMAC
Completed
2015
Service charge
AED 11,800 /yr
Last sold
AED 815K · December 2023

About A507, Golf Panorama Tower A

A507 is a one-bedroom apartment of 838 sqft on the 5th floor of Golf Panorama Tower A, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. It last sold on 8 December 2023 for AED 815,000, or AED 973 per sqft, 8% above the AED 898 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 14 September 2022, is AED 46,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 11,800 a year.

Sales and rents for A507 over time

Sales
Unit A507, each saleTypical one-bed in Golf Panorama Tower A
800K1M1.2M2013201620192022Typical sale price by year: 2013 AED 964,250; 2014 AED 1,001,775; 2016 AED 1,201,275; 2017 AED 940,000; 2023 AED 804,500Sold by developer, March 2014: AED 1,061,150 (AED 1,266 per sqft)Sold, December 2023: AED 815,000 (AED 973 per sqft)

A507 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A507, each contractTypical one-bed in Golf Panorama Tower A
40K60K80K2017202020232026Typical rent by year: 2017 AED 70,000; 2018 AED 63,000; 2019 AED 55,000; 2020 AED 49,000; 2021 AED 44,500; 2022 AED 48,200; 2023 AED 51,988; 2024 AED 72,000; 2025 AED 75,000New contract, September 2017: AED 64,000 a yearRenewal, September 2018: AED 61,000 a yearRenewal, September 2021: AED 46,000 a yearRenewal, September 2022: AED 46,000 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 Panorama Tower A, and where A507 sits

All 27 1-beds →

A507 last sold in December 2023 at AED 973 per sqft, 8% above what one-beds in Golf Panorama Tower A were fetching at the time (AED 898). Over the last 12 months one-beds sold for AED 1,110,000, around AED 1,301 per sqft, and rent for AED 65,000 to 86,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Dec 2024875,000
13 Nov 20241,100,000
19 Jul 20231,100,000
1 May 2023794,000
1 1-bed sale in the last 12 months

Golf Panorama Tower A

Building

80 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2015 by DAMAC. 1 sold in the last 12 months.

Typical price per sqft
AED 1,301
Typical sale
AED 1.11M
Typical rent
AED 60K /yr
Typical yield
8.2%
Golf Panorama Tower A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 80 units in Golf Panorama Tower A
Value
A501A3-bedAED 1.26M · May 2021
A501B1-bedAED 875K · Dec 2024
A5023-bedAED 2.25M · Sep 2024
A5031-bedAED 670K · Dec 2018
A504StudioAED 550K · Jun 2025
A505StudioAED 600K · Sep 2024
A506StudioAED 690K · May 2014
1–7 of 11

A507, Golf Panorama Tower A in numbers

  • Sold twice: first on 2 March 2014 for AED 1,061,150, last on 8 December 2023 for AED 815,000 (AED 973 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 64,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 11,800 a year (AED 14.09 per sqft).
  • One-beds in Golf Panorama Tower A sold for AED 1,110,000–1,110,000 in the 12 months to November 2026; the building's median across all types is AED 1,301 per sqft.

Source: Dubai Land Department. Updated 8 December 2023.

Questions about A507, Golf Panorama Tower A

What did unit A507 last sell for?

AED 815,000 on 8 December 2023: AED 973 per sqft for 838 sqft. The unit has 2 registered sales; the first was AED 1,061,150 in March 2014.

What is the rent for unit A507?

AED 46,000 a year on the contract renewed on 14 September 2022. The previous contract, from September 2021, was AED 46,000; the unit has been rented since September 2017.

How big is unit A507?

838 sqft (77.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit A507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Panorama Tower A sold for AED 1,110,000 to 1,110,000 in the last 12 months, around AED 1,301 per sqft.

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Mortgage on A507, Golf Panorama Tower A

Starts from the last sale price (AED 815K, 8 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

Plus AED 39,240 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →