3-bed · 1,974 sqftGolf Towers 1, The Views · 10th floor · completed 2007

1003, Golf Towers 1

Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 25 August 2020
Last soldAED 1.83M28 October 2008
Current rentAED 125K /yr25 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Golf Towers 1

What is 1003 worth today?

Last sold for AED 1,829,888 in 2008

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25 Aug 2020RentedRenewal
AED 125,000/yr12 months · AED 63 per sqft
25 Aug 2019RentedNew contract
AED 150,000/yr12 months · AED 76 per sqft
20 Jul 2017RentedNew contract
AED 190,000/yr12 months · AED 96 per sqft
18 Aug 2016RentedRenewal
AED 225,000/yr12 months · AED 114 per sqft
18 Aug 2015RentedNew contract
AED 225,000/yr12 months · AED 114 per sqft
3 Nov 2013RentedNew contract
AED 170,000/yr12 months · AED 86 per sqft
1 Nov 2012RentedNew contract
AED 160,000/yr12 months · AED 81 per sqft
28 Oct 2008Sold by developerReady
AED 1,829,888AED 926 per sqft

Source: Dubai Land Department. Updated 25 August 2020.

Key facts

Type
3-bed apartment
Size
1,974 sqft
Floor
10th of 25
Parking
B 220 / B 221
Developer
Emaar
Completed
2007
Service charge
AED 33,700 /yr
Last sold
AED 1.83M · October 2008

About 1003, Golf Towers 1

1003 is a three-bedroom apartment of 1,974 sqft on the 10th floor of Golf Towers 1, a 25-storey tower in The Views completed in 2007 by Emaar. The developer sold it on 28 October 2008 for AED 1,829,888, or AED 926 per sqft, in line with the AED 935 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 25 August 2020, is AED 125,000 a year: a gross yield of 6.8% on the 2008 price, before the service charge of about AED 33,700 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical three-bed in Golf Towers 1
2M3M4M2008201320182023Typical sale price by year: 2008 AED 1,951,388; 2009 AED 1,960,888; 2010 AED 1,688,888; 2011 AED 2,390,000; 2012 AED 1,934,888; 2013 AED 2,975,000; 2017 AED 2,107,518; 2023 AED 2,819,973; 2024 AED 3,700,000Sold by developer, October 2008: AED 1,829,888 (AED 926 per sqft)

1003 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1003, each contractTypical three-bed in Golf Towers 1
200K2012201620202024Typical rent by year: 2012 AED 160,000; 2013 AED 200,000; 2014 AED 213,000; 2015 AED 220,000; 2016 AED 216,500; 2017 AED 194,000; 2018 AED 190,000; 2019 AED 175,000; 2020 AED 136,500; 2021 AED 146,500; 2022 AED 150,150; 2023 AED 172,583; 2024 AED 189,000; 2025 AED 240,000New contract, November 2012: AED 160,000 a yearNew contract, November 2013: AED 170,000 a yearNew contract, August 2015: AED 225,000 a yearRenewal, August 2016: AED 225,000 a yearNew contract, July 2017: AED 190,000 a yearNew contract, August 2019: AED 150,000 a yearRenewal, August 2020: AED 125,000 a year

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

3-beds in Golf Towers 1, and where 1003 sits

All 26 3-beds →

1003 last sold in October 2008 at AED 926 per sqft, in line with what three-beds in Golf Towers 1 were fetching at the time (AED 935).

Recent 3-bed salesUnit no.Price (AED)Summary
17 Apr 20254,280,000
6 May 20243,900,000
16 Apr 20243,700,000
18 Mar 20243,700,000
0 3-bed sales in the last 12 months

Golf Towers 1

Building

150 apartments, 1-bed to 3-bed over 25 floors in The Views, completed in 2007 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,140
Typical sale
AED 3.28M
Typical rent
AED 150K /yr
Typical yield
5.3%
Golf Towers 1, The Views: prices, sales and rents →

Other units on the 10th floor

All 150 units in Golf Towers 1
Value
10012-bedAED 1.96M · May 2017
10022-bedAED 2.45M · Apr 2015
10042-bedAED 1.6M · Nov 2021
1005AED 1.18M · Sep 2020
10061-bedAED 1.28M · Jul 2021

1003, Golf Towers 1 in numbers

  • Sold once: by Emaar on 28 October 2008 for AED 1,829,888, or AED 926 per sqft.
  • Rented since November 2012 on 7 Ejari contracts, from AED 160,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2008 price is 6.8%, before a service charge of about AED 33,700 a year (AED 17.07 per sqft).

Source: Dubai Land Department. Updated 25 August 2020.

Questions about 1003, Golf Towers 1

What did unit 1003 last sell for?

AED 1,829,888 on 28 October 2008, sold by the developer: AED 926 per sqft for 1,974 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 125,000 a year on the contract renewed on 25 August 2020. The previous contract, from August 2019, was AED 150,000; the unit has been rented since November 2012.

How big is unit 1003?

1,974 sqft (183.4 sqm): a three-bedroom apartment on the 10th floor of a 25-storey tower completed in 2007.

What is unit 1003 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 1003, Golf Towers 1

Starts from the last sale price (AED 1.83M, 28 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,829,888
Deposit, UAE resident (20%)
AED 365,978
Deposit, non-resident (40%)
AED 731,955
Monthly over 25 years at 3.7%
AED 7,487

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →