Studio · 588 sqftGolf Terrace B, Damac Hills · 2nd floor · completed 2016

B206, Golf Terrace B

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B206 · DLD and Ejari recordsUpdated 29 February 2024
Last soldAED 500K29 February 2024
Current rentAED 42K /yr26 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B206, Golf Terrace B

What is B206 worth today?

Last sold for AED 500,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Feb 2024SoldReady
AED 500,000AED 850 per sqft
26 Nov 2022RentedRenewal
AED 42,000/yr12 months · AED 71 per sqft
26 Nov 2020RentedNew contract
AED 35,000/yr12 months · AED 60 per sqft
7 Mar 2019RentedRenewal
AED 45,000/yr12 months · AED 76 per sqft
7 Mar 2018RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
12 Aug 2014Sold by developerOff-plan
AED 1,248,300AED 2,123 per sqft

Source: Dubai Land Department. Updated 29 February 2024.

Key facts

Type
Studio apartment
Size
588 sqft
Floor
2nd of 8
Parking
G-73
Developer
DAMAC
Completed
2016
Service charge
AED 8,000 /yr
Last sold
AED 500K · February 2024

About B206, Golf Terrace B

B206 is a studio of 588 sqft on the 2nd floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 29 February 2024 for AED 500,000, or AED 850 per sqft, 18% below the AED 1,033 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 26 November 2022, is AED 42,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 8,000 a year.

Sales and rents for B206 over time

Sales
Unit B206, each saleTypical studio in Golf Terrace B
500K1M2014201720202023Typical sale price by year: 2014 AED 1,044,050; 2016 AED 1,032,238; 2023 AED 500,000; 2024 AED 585,000Sold by developer, August 2014: AED 1,248,300 (AED 2,123 per sqft)Sold, February 2024: AED 500,000 (AED 850 per sqft)

B206 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B206, each contractTypical studio in Golf Terrace B
40K60K2018202120242027Typical rent by year: 2018 AED 46,500; 2019 AED 42,000; 2020 AED 33,500; 2021 AED 33,600; 2022 AED 35,500; 2023 AED 40,500; 2024 AED 50,000; 2025 AED 51,000; 2026 AED 59,000New contract, March 2018: AED 45,000 a yearRenewal, March 2019: AED 45,000 a yearNew contract, November 2020: AED 35,000 a yearRenewal, November 2022: AED 42,000 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 B, and where B206 sits

All 20 studios →

B206 last sold in February 2024 at AED 850 per sqft, 18% below what studios in Golf Terrace B were fetching at the time (AED 1,033). B206's AED 42,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Aug 2024585,000
31 May 2024830,000
29 Nov 2023555,000
24 Oct 2023500,000
0 studio sales in the last 12 months

Golf Terrace B

Building

75 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2016 by DAMAC. 1 sold in the last 12 months.

Typical price per sqft
AED 1,323
Typical sale
AED 2.7M
Typical rent
AED 66K /yr
Typical yield
7.5%
Golf Terrace B, Damac Hills: prices, sales and rents →

Other units on the 2nd floor

All 75 units in Golf Terrace B
Value
B2012-bedAED 1.65M · Jun 2022
B2023-bedAED 3.32M · Mar 2024
B2031-bedAED 2.04M · Mar 2024
B204StudioAED 729K · Mar 2020
B205StudioAED 830K · May 2024
B2071-bedAED 1.11M · Aug 2022
B208StudioAED 755K · Mar 2023
1–7 of 10

B206, Golf Terrace B in numbers

  • Sold twice: first on 12 August 2014 for AED 1,248,300, last on 29 February 2024 for AED 500,000 (AED 850 per sqft).
  • Rented since March 2018 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 35,000 in 2020 and recovered to AED 42,000 by November 2022.
  • At AED 42,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 8,000 a year (AED 13.65 per sqft).

Source: Dubai Land Department. Updated 29 February 2024.

Questions about B206, Golf Terrace B

What did unit B206 last sell for?

AED 500,000 on 29 February 2024: AED 850 per sqft for 588 sqft. The unit has 2 registered sales; the first was AED 1,248,300 in August 2014.

What is the rent for unit B206?

AED 42,000 a year on the contract renewed on 26 November 2022. The previous contract, from November 2020, was AED 35,000; the unit has been rented since March 2018.

How big is unit B206?

588 sqft (54.6 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2016.

What is unit B206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling B206? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B206, Golf Terrace B

Starts from the last sale price (AED 500K, 29 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →