1-bed · 777 sqftGolf Terrace B, Damac Hills · 5th floor · completed 2016

B503, Golf Terrace B

Sold prices and rental history: sold twice, last in December 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B503 · DLD and Ejari recordsUpdated 6 December 2024
Last soldAED 1.15M6 December 2024
Current rentAED 65K /yr13 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B503, Golf Terrace B

What is B503 worth today?

Last sold for AED 1,150,000 in 2024

Unlock today's estimate, updated daily, with

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

6 Dec 2024SoldReady
AED 1,150,000AED 1,479 per sqft
13 Jun 2024RentedRenewal
AED 65,000/yr12 months · AED 84 per sqft
13 Jun 2022RentedRenewal
AED 61,000/yr12 months · AED 79 per sqft
23 Apr 2014Sold by developerOff-plan
AED 1,764,000AED 2,270 per sqft

Source: Dubai Land Department. Updated 6 December 2024.

Key facts

Type
1-bed hotel apartment
Size
777 sqft
Floor
5th of 8
Parking
P1-114
Developer
DAMAC
Completed
2016
Service charge
AED 10,600 /yr
Last sold
AED 1.15M · December 2024

About B503, Golf Terrace B

B503 is a one-bedroom hotel apartment of 777 sqft on the 5th floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 6 December 2024 for AED 1,150,000, or AED 1,479 per sqft, 26% above the AED 1,178 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 13 June 2024, is AED 65,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for B503 over time

Sales
Unit B503, each saleTypical one-bed in Golf Terrace B
1M1.5M2014201720202023Typical 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, April 2014: AED 1,764,000 (AED 2,270 per sqft)Sold, December 2024: AED 1,150,000 (AED 1,479 per sqft)

B503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B503, 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 76,000Renewal, June 2022: AED 61,000 a yearRenewal, June 2024: AED 65,000 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 Terrace B, and where B503 sits

All 28 1-beds →

B503 last sold in December 2024 at AED 1,479 per sqft, 26% above what one-beds in Golf Terrace B were fetching at the time (AED 1,178). B503's AED 65,000 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
4 Dec 20241,000,000
25 Oct 20241,170,000
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 5th floor

All 75 units in Golf Terrace B
Value
B5013-bedAED 3.2M · Oct 2017
B5023-bedAED 1.95M · Oct 2023
B504StudioAED 1M · Mar 2014
B505StudioAED 460K · Feb 2023
B506StudioAED 585K · Aug 2024
B5071-bedAED 1.53M · Feb 2015
B5081-bedAED 1.1M · Nov 2019
1–7 of 10

B503, Golf Terrace B in numbers

  • Sold twice: first on 23 April 2014 for AED 1,764,000, last on 6 December 2024 for AED 1,150,000 (AED 1,479 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 61,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 10,600 a year (AED 13.65 per sqft).

Source: Dubai Land Department. Updated 6 December 2024.

Questions about B503, Golf Terrace B

What did unit B503 last sell for?

AED 1,150,000 on 6 December 2024: AED 1,479 per sqft for 777 sqft. The unit has 2 registered sales; the first was AED 1,764,000 in April 2014.

What is the rent for unit B503?

AED 65,000 a year on the contract renewed on 13 June 2024. The previous contract, from June 2022, was AED 61,000.

How big is unit B503?

777 sqft (72.2 sqm): a one-bedroom hotel apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit B503 worth today?

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

Selling B503? 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 B503, Golf Terrace B

Starts from the last sale price (AED 1.15M, 6 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →