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

B507, Golf Panorama Tower B

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B507 · DLD and Ejari recordsUpdated 26 July 2024
Last soldAED 980K26 July 2024
Current rentAED 40K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B507, Golf Panorama Tower B

What is B507 worth today?

Last sold for AED 980,000 in 2024

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26 Jul 2024SoldReady
AED 980,000AED 1,170 per sqft
17 Nov 2022SoldReady
AED 710,000AED 847 per sqft
15 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
15 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
10 Mar 2021SoldReady
AED 600,000AED 716 per sqft
15 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
15 Oct 2020RentedNew contract
AED 40,000/yr6 months · AED 48 per sqft
5 Jul 2017RentedNew contract
AED 65,000/yr12 months · AED 77 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 July 2024.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
5th of 8
Parking
P1-101
Developer
DAMAC
Completed
2015
Service charge
AED 11,800 /yr
Last sold
AED 980K · July 2024

About B507, Golf Panorama Tower B

B507 is a one-bedroom apartment of 838 sqft on the 5th floor of Golf Panorama Tower B, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. It last sold on 26 July 2024 for AED 980,000, or AED 1,170 per sqft, 9% above the AED 1,074 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 October 2021, is AED 40,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 11,800 a year.

Sales and rents for B507 over time

Sales
Unit B507, each saleTypical one-bed in Golf Panorama Tower B
750K1M2013201720212025Typical sale price by year: 2013 AED 954,000; 2014 AED 988,950; 2017 AED 1,051,173; 2024 AED 930,000Sold by developer, November 2013: AED 922,600 (AED 1,101 per sqft)Sold, March 2021: AED 600,000 (AED 716 per sqft)Sold, November 2022: AED 710,000 (AED 847 per sqft)Sold, July 2024: AED 980,000 (AED 1,170 per sqft)

B507 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B507, each contractTypical one-bed in Golf Panorama Tower B
40K60K80K2017202020232026Typical rent by year: 2017 AED 68,000; 2018 AED 61,000; 2019 AED 53,000; 2020 AED 46,000; 2021 AED 44,500; 2022 AED 50,000; 2023 AED 65,000; 2024 AED 74,000; 2025 AED 80,000New contract, July 2017: AED 65,000 a yearNew contract, October 2020: AED 40,000 a yearNew contract, October 2020: AED 40,000 a yearNew contract, October 2021: AED 40,000 a yearNew contract, October 2021: AED 40,000 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 B, and where B507 sits

All 25 1-beds →

B507 last sold in July 2024 at AED 1,170 per sqft, 9% above what one-beds in Golf Panorama Tower B were fetching at the time (AED 1,074). Over the last 12 months one-beds sold for AED 1,075,000 to 1,200,000, around AED 1,313 per sqft, and rent for AED 80,000 to 83,000 a year. B507's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 20261,075,000
16 Jul 20251,100,000
22 May 20251,050,000
9 Dec 2024950,000
2 1-bed sales in the last 12 months

Golf Panorama Tower B

Building

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

Typical price per sqft
AED 1,209
Typical sale
AED 1.08M
Typical rent
AED 56K /yr
Typical yield
8.0%
Golf Panorama Tower B, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 80 units in Golf Panorama Tower B
Value
B501A3-bedAED 1.58M · Oct 2023
B501B1-bedAED 989K · Dec 2014
B5023-bedAED 1.43M · Jun 2021
B5031-bedAED 635K · May 2021
B504StudioAED 400K · Sep 2018
B505StudioAED 366K · Jan 2023
B506StudioAED 657K · Dec 2013
1–7 of 11

B507, Golf Panorama Tower B in numbers

  • Sold 4 times: first on 5 November 2013 for AED 922,600, last on 26 July 2024 for AED 980,000 (AED 1,170 per sqft).
  • Rented since July 2017 on 5 Ejari contracts, from AED 65,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 11,800 a year (AED 14.09 per sqft).
  • One-beds in Golf Panorama Tower B sold for AED 1,075,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,209 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 26 July 2024.

Questions about B507, Golf Panorama Tower B

What did unit B507 last sell for?

AED 980,000 on 26 July 2024: AED 1,170 per sqft for 838 sqft. The unit has 4 registered sales; the first was AED 922,600 in November 2013.

What is the rent for unit B507?

AED 40,000 a year on the contract signed on 15 October 2021. The previous contract, from October 2021, was AED 40,000; the unit has been rented since July 2017.

How big is unit B507?

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

What is unit B507 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 B sold for AED 1,075,000 to 1,200,000 in the last 12 months, around AED 1,313 per sqft.

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Mortgage on B507, Golf Panorama Tower B

Starts from the last sale price (AED 980K, 26 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

Plus AED 46,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →