Studio · 599 sqftGolf Terrace A, Damac Hills · 2nd floor · completed 2016

A208, Golf Terrace A

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A208 · DLD and Ejari recordsUpdated 6 February 2024
Last soldAED 1.02M27 February 2014
Current rentAED 40K /yr6 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A208, Golf Terrace A

What is A208 worth today?

Last sold for AED 1,016,500 in 2014

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6 Feb 2024RentedNew contract
AED 40,000/yr12 months · AED 66 per sqft
6 Dec 2022RentedNew contract
AED 36,000/yr12 months · AED 60 per sqft
10 Jun 2021RentedRenewal
AED 35,000/yr12 months · AED 58 per sqft
10 Jun 2020RentedNew contract
AED 38,000/yr12 months · AED 63 per sqft
15 Jan 2018RentedNew contract
AED 50,000/yr12 months · AED 83 per sqft
27 Feb 2014Sold by developerOff-plan
AED 1,016,500AED 1,695 per sqft

Source: Dubai Land Department. Updated 6 February 2024.

Key facts

Type
Studio hotel apartment
Size
599 sqft
Floor
2nd of 8
Parking
B-7
Developer
DAMAC
Completed
2016
Service charge
AED 8,200 /yr
Last sold
AED 1.02M · February 2014

About A208, Golf Terrace A

A208 is a studio of 599 sqft on the 2nd floor of Golf Terrace A, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. The developer sold it on 27 February 2014 for AED 1,016,500, or AED 1,695 per sqft, 6% below the AED 1,805 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 6 February 2024, is AED 40,000 a year: a gross yield of 3.9% on the 2014 price, before the service charge of about AED 8,200 a year.

Sales and rents for A208 over time

Sales
Unit A208, each saleTypical studio in Golf Terrace A
500K1M2014201720202023Typical sale price by year: 2014 AED 848,350; 2016 AED 860,000; 2022 AED 406,000; 2023 AED 500,000; 2024 AED 540,000Sold by developer, February 2014: AED 1,016,500 (AED 1,695 per sqft)

A208 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A208, each contractTypical studio in Golf Terrace A
30K40K50K2017202020232026Typical rent by year: 2017 AED 50,000; 2018 AED 48,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 32,450; 2023 AED 38,500; 2024 AED 45,000; 2025 AED 48,000New contract, January 2018: AED 50,000 a yearNew contract, June 2020: AED 38,000 a yearRenewal, June 2021: AED 35,000 a yearNew contract, December 2022: AED 36,000 a yearNew contract, February 2024: AED 40,000 a year

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

Studios in Golf Terrace A, and where A208 sits

All 20 studios →

A208 last sold in February 2014 at AED 1,695 per sqft, 6% below what studios in Golf Terrace A were fetching at the time (AED 1,805). Over the last 12 months studios sold for AED 720,000, around AED 1,452 per sqft, and rent for AED 50,000 to 52,000 a year. A208's AED 40,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Feb 2026720,000
23 Dec 2024630,000
31 Oct 2024640,000
1 Oct 2024650,000
1 studio sale in the last 12 months

Golf Terrace A

Building

75 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2016 by DAMAC. 2 sold in the last 12 months.

Typical price per sqft
AED 1,490
Typical sale
AED 1.92M
Typical rent
AED 73K /yr
Typical yield
6.2%
Golf Terrace A, Damac Hills: prices, sales and rents →

Other units on the 2nd floor

All 75 units in Golf Terrace A
Value
A2012-bedAED 1.68M · Aug 2022
A2023-bedAED 3.3M · Sep 2024
A2031-bedAED 1.1M · Apr 2024
A204StudioAED 1.07M · Feb 2014
A205StudioAED 427K · Apr 2022
A206StudioAED 490K · Feb 2024
A2071-bedAED 1.26M · Feb 2018
1–7 of 10

A208, Golf Terrace A in numbers

  • Sold once: by DAMAC on 27 February 2014 for AED 1,016,500, or AED 1,695 per sqft.
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2021 and recovered to AED 40,000 by February 2024.
  • At AED 40,000 a year the gross yield on the 2014 price is 3.9%, before a service charge of about AED 8,200 a year (AED 13.65 per sqft).
  • Studios in Golf Terrace A sold for AED 720,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 1,490 per sqft.

Source: Dubai Land Department. Updated 6 February 2024.

Questions about A208, Golf Terrace A

What did unit A208 last sell for?

AED 1,016,500 on 27 February 2014, sold by the developer: AED 1,695 per sqft for 599 sqft. It is the only registered sale of the unit.

What is the rent for unit A208?

AED 40,000 a year on the contract signed on 6 February 2024. The previous contract, from December 2022, was AED 36,000; the unit has been rented since January 2018.

How big is unit A208?

599 sqft (55.6 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2016.

What is unit A208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Terrace A sold for AED 720,000 to 720,000 in the last 12 months, around AED 1,452 per sqft.

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Mortgage on A208, Golf Terrace A

Starts from the last sale price (AED 1.02M, 27 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,016,500
Deposit, UAE resident (20%)
AED 203,300
Deposit, non-resident (40%)
AED 406,600
Monthly over 25 years at 3.7%
AED 4,159

Plus AED 47,703 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →