1-bed · 842 sqftGolf Terrace B, Damac Hills · 3rd floor · completed 2016

B307, Golf Terrace B

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B307 · DLD and Ejari recordsUpdated 4 March 2024
Last soldAED 970K4 March 2024
Current rentAED 57K /yr4 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B307, Golf Terrace B

What is B307 worth today?

Last sold for AED 970,000 in 2024

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4 Mar 2024SoldReady
AED 970,000AED 1,152 per sqft
4 Jan 2023RentedRenewal
AED 56,700/yr12 months · AED 68 per sqft
4 Jan 2022RentedRenewal
AED 54,000/yr12 months · AED 64 per sqft
4 Dec 2020RentedNew contract
AED 49,846/yr13 months · AED 59 per sqft
23 Jan 2019RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
27 Aug 2018Sold by developerReady
AED 1,307,000AED 1,552 per sqft

Source: Dubai Land Department. Updated 4 March 2024.

Key facts

Type
1-bed apartment
Size
842 sqft
Floor
3rd of 8
Parking
nan
Developer
DAMAC
Completed
2016
Service charge
AED 11,500 /yr
Last sold
AED 970K · March 2024

About B307, Golf Terrace B

B307 is a one-bedroom apartment of 842 sqft on the 3rd floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 4 March 2024 for AED 970,000, or AED 1,152 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 4 January 2023, is AED 56,700 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 11,500 a year.

Sales and rents for B307 over time

Sales
Unit B307, each saleTypical one-bed in Golf Terrace B
1M1.25M1.5M2014201720202023Typical sale price by year: 2014 AED 1,470,600; 2018 AED 1,307,000; 2022 AED 1,055,000; 2024 AED 1,075,000Sold by developer, August 2018: AED 1,307,000 (AED 1,552 per sqft)Sold, March 2024: AED 970,000 (AED 1,152 per sqft)

B307 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B307, each contractTypical one-bed in Golf Terrace B
60K80K20182020202220242026Typical rent by year: 2018 AED 70,000; 2019 AED 62,500; 2020 AED 51,000; 2021 AED 54,800; 2022 AED 58,000; 2023 AED 60,700; 2024 AED 71,615; 2025 AED 76,000New contract, January 2019: AED 60,000 a yearNew contract, December 2020: AED 49,846 a yearRenewal, January 2022: AED 54,000 a yearRenewal, January 2023: AED 56,700 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 Terrace B, and where B307 sits

All 28 1-beds →

B307's AED 56,700 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jun 20251,100,000
25 Dec 20241,257,000
6 Dec 20241,150,000
4 Dec 20241,000,000
0 1-bed 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 3rd floor

All 75 units in Golf Terrace B
Value
B3012-bedAED 2.49M · Mar 2014
B3023-bedAED 1.95M · Oct 2023
B3031-bedAED 1.3M · Feb 2015
B304StudioAED 1M · Apr 2014
B305StudioAED 1.12M · Apr 2014
B306StudioAED 993K · Nov 2017
B3081-bedAED 1.04M · Jul 2022
1–7 of 11

B307, Golf Terrace B in numbers

  • Sold twice: first on 27 August 2018 for AED 1,307,000, last on 4 March 2024 for AED 970,000 (AED 1,152 per sqft).
  • Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 49,846 in 2020 and recovered to AED 56,700 by January 2023.
  • At AED 56,700 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 11,500 a year (AED 13.65 per sqft).

Source: Dubai Land Department. Updated 4 March 2024.

Questions about B307, Golf Terrace B

What did unit B307 last sell for?

AED 970,000 on 4 March 2024: AED 1,152 per sqft for 842 sqft. The unit has 2 registered sales; the first was AED 1,307,000 in August 2018.

What is the rent for unit B307?

AED 56,700 a year on the contract renewed on 4 January 2023. The previous contract, from January 2022, was AED 54,000; the unit has been rented since January 2019.

How big is unit B307?

842 sqft (78.2 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2016.

What is unit B307 worth today?

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

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Mortgage on B307, Golf Terrace B

Starts from the last sale price (AED 970K, 4 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

Plus AED 45,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →