Studio · 477 sqftGolf Terrace B, Damac Hills · 7th floor · completed 2016

B703, Golf Terrace B

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B703 · DLD and Ejari recordsUpdated 28 October 2025
Last soldAED 1.04M27 December 2014
Current rentAED 53K /yr28 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B703, Golf Terrace B

What is B703 worth today?

Last sold for AED 1,044,050 in 2014

Unlock today's estimate, updated daily, with

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

28 Oct 2025RentedNew contract
AED 52,500/yr12 months · AED 111 per sqft
28 Oct 2024RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft
15 May 2024RentedNew contract
AED 46,000/yr12 months · AED 97 per sqft
20 Mar 2023RentedRenewal
AED 36,000/yr12 months · AED 76 per sqft
20 Mar 2022RentedNew contract
AED 35,000/yr12 months · AED 74 per sqft
26 Aug 2021RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
1 Jul 2020RentedRenewal
AED 34,000/yr12 months · AED 72 per sqft
1 Jul 2019RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 28 October 2025.

Key facts

Type
Studio hotel apartment
Size
477 sqft
Floor
7th of 8
Parking
P1-129
Developer
DAMAC
Completed
2016
Service charge
AED 6,500 /yr
Last sold
AED 1.04M · December 2014

About B703, Golf Terrace B

B703 is a studio of 477 sqft on the 7th floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. The developer sold it on 27 December 2014 for AED 1,044,050, or AED 2,189 per sqft, 5% above the AED 2,077 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 28 October 2025, is AED 52,500 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 6,500 a year.

Sales and rents for B703 over time

Sales
Unit B703, each saleTypical studio in Golf Terrace B
500K750K1M2014201720202023Typical sale price by year: 2014 AED 1,044,050; 2016 AED 1,032,238; 2023 AED 500,000; 2024 AED 585,000Sold by developer, December 2014: AED 1,044,050 (AED 2,189 per sqft)

B703 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B703, 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, July 2019: AED 40,000 a yearRenewal, July 2020: AED 34,000 a yearNew contract, August 2021: AED 30,000 a yearNew contract, March 2022: AED 35,000 a yearRenewal, March 2023: AED 36,000 a yearNew contract, May 2024: AED 46,000 a yearNew contract, October 2024: AED 50,000 a yearNew contract, October 2025: AED 52,500 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 B703 sits

All 20 studios →

B703 last sold in December 2014 at AED 2,189 per sqft, 5% above what studios in Golf Terrace B were fetching at the time (AED 2,077). B703's AED 52,500 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Aug 2024585,000
31 May 2024830,000
29 Feb 2024500,000
29 Nov 2023555,000
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 7th floor

All 75 units in Golf Terrace B
Value
B7013-bedAED 1.78M · Jun 2021
B7023-bedAED 2.7M · Feb 2026
B7042-bedAED 1.73M · Jul 2024
B7051-bedAED 1.24M · Oct 2022
B7061-bedAED 1.17M · Oct 2024
B7071-bedAED 1M · Dec 2024
B7082-bedAED 1.32M · May 2023
1–7 of 8

B703, Golf Terrace B in numbers

  • Sold once: by DAMAC on 27 December 2014 for AED 1,044,050, or AED 2,189 per sqft.
  • Rented since July 2019 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 52,500 by October 2025.
  • At AED 52,500 a year the gross yield on the 2014 price is 5.0%, before a service charge of about AED 6,500 a year (AED 13.65 per sqft).

Source: Dubai Land Department. Updated 28 October 2025.

Questions about B703, Golf Terrace B

What did unit B703 last sell for?

AED 1,044,050 on 27 December 2014, sold by the developer: AED 2,189 per sqft for 477 sqft. It is the only registered sale of the unit.

What is the rent for unit B703?

AED 52,500 a year on the contract signed on 28 October 2025. The previous contract, from October 2024, was AED 50,000; the unit has been rented since July 2019.

How big is unit B703?

477 sqft (44.3 sqm): a studio on the 7th floor of a 8-storey tower completed in 2016.

What is unit B703 worth today?

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

Selling B703? 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 B703, Golf Terrace B

Starts from the last sale price (AED 1.04M, 27 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,044,050
Deposit, UAE resident (20%)
AED 208,810
Deposit, non-resident (40%)
AED 417,620
Monthly over 25 years at 3.7%
AED 4,272

Plus AED 48,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →