2-bed · 1,181 sqftGolf Towers 1, The Views · 12th floor · completed 2007

1204, Golf Towers 1

Sold prices and rental history: sold 3 times, last in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 30 July 2024
Last soldAED 2.18M3 October 2013
Current rentAED 175K /yr30 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Golf Towers 1

What is 1204 worth today?

Last sold for AED 2,175,000 in 2013

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30 Jul 2024RentedNew contract
AED 175,000/yr12 months · AED 148 per sqft
10 Feb 2023RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
10 Feb 2022RentedRenewal
AED 99,000/yr12 months · AED 84 per sqft
30 Oct 2020RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
30 Oct 2018RentedRenewal
AED 135,000/yr12 months · AED 114 per sqft
30 Oct 2017RentedNew contract
AED 135,000/yr12 months · AED 114 per sqft
15 Oct 2016RentedRenewal
AED 148,000/yr12 months · AED 125 per sqft
15 Oct 2015RentedNew contract
AED 148,000/yr12 months · AED 125 per sqft

Source: Dubai Land Department. Updated 30 July 2024.

Key facts

Type
2-bed apartment
Size
1,181 sqft
Floor
12th of 25
Parking
1
Developer
Emaar
Completed
2007
Service charge
AED 20,200 /yr
Last sold
AED 2.18M · October 2013

About 1204, Golf Towers 1

1204 is a two-bedroom apartment of 1,181 sqft on the 12th floor of Golf Towers 1, a 25-storey tower in The Views completed in 2007 by Emaar. It last sold on 3 October 2013 for AED 2,175,000, or AED 1,841 per sqft, 60% above the AED 1,149 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 30 July 2024, is AED 175,000 a year: a gross yield of 8.1% on the 2013 price, before the service charge of about AED 20,200 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Golf Towers 1
1M2M2008201320182023Typical sale price by year: 2008 AED 1,009,888; 2009 AED 1,099,888; 2010 AED 1,150,000; 2011 AED 1,200,000; 2012 AED 1,350,000; 2013 AED 1,750,000; 2014 AED 2,100,000; 2015 AED 2,200,000; 2016 AED 1,900,000; 2017 AED 1,950,000; 2018 AED 1,492,500; 2019 AED 1,300,000; 2021 AED 1,560,000; 2022 AED 2,100,173; 2023 AED 1,950,000; 2024 AED 2,500,000Sold by developer, June 2009: AED 1,139,000 (AED 964 per sqft)Sold, May 2011: AED 1,350,000 (AED 1,143 per sqft)Sold, October 2013: AED 2,175,000 (AED 1,841 per sqft)

1204 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Golf Towers 1
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 134,000; 2014 AED 148,070; 2015 AED 150,000; 2016 AED 142,500; 2017 AED 135,000; 2018 AED 125,000; 2019 AED 110,000; 2020 AED 93,000; 2021 AED 98,000; 2022 AED 110,250; 2023 AED 133,500; 2024 AED 146,000; 2025 AED 155,000; 2026 AED 149,199New contract, October 2013: AED 145,000 a yearNew contract, October 2015: AED 148,000 a yearRenewal, October 2016: AED 148,000 a yearNew contract, October 2017: AED 135,000 a yearRenewal, October 2018: AED 135,000 a yearRenewal, October 2020: AED 110,000 a yearRenewal, February 2022: AED 99,000 a yearRenewal, February 2023: AED 110,000 a yearNew contract, July 2024: AED 175,000 a year

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

2-beds in Golf Towers 1, and where 1204 sits

All 90 2-beds →

1204 last sold in October 2013 at AED 1,841 per sqft, 60% above what two-beds in Golf Towers 1 were fetching at the time (AED 1,149). Over the last 12 months two-beds sold for AED 2,950,000 to 3,600,000, around AED 2,140 per sqft, and rent for AED 126,500 to 180,000 a year. 1204's AED 175,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 20262,950,000
13 Mar 20252,350,000
17 Oct 20243,150,000
10 Oct 20242,225,000
2 2-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 12th floor

All 150 units in Golf Towers 1
Value
12012-bedAED 2M · Dec 2023
12022-bedAED 2.5M · May 2023
12033-bedAED 1.16M · Mar 2010
12052-bedAED 2M · Feb 2014
12061-bedAED 1.35M · Oct 2015

1204, Golf Towers 1 in numbers

  • Sold 3 times: first on 24 June 2009 for AED 1,139,000, last on 3 October 2013 for AED 2,175,000 (AED 1,841 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 145,000 to AED 99,000 in 2022 and recovered to AED 175,000 by July 2024.
  • At AED 175,000 a year the gross yield on the 2013 price is 8.1%, before a service charge of about AED 20,200 a year (AED 17.07 per sqft).
  • Two-beds in Golf Towers 1 sold for AED 2,950,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,140 per sqft.

Source: Dubai Land Department. Updated 30 July 2024.

Questions about 1204, Golf Towers 1

What did unit 1204 last sell for?

AED 2,175,000 on 3 October 2013: AED 1,841 per sqft for 1,181 sqft. The unit has 3 registered sales; the first was AED 1,139,000 in June 2009.

What is the rent for unit 1204?

AED 175,000 a year on the contract signed on 30 July 2024. The previous contract, from February 2023, was AED 110,000; the unit has been rented since October 2013.

How big is unit 1204?

1,181 sqft (109.7 sqm): a two-bedroom apartment on the 12th floor of a 25-storey tower completed in 2007.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Towers 1 sold for AED 2,950,000 to 3,600,000 in the last 12 months, around AED 2,140 per sqft.

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Mortgage on 1204, Golf Towers 1

Starts from the last sale price (AED 2.18M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,000
Deposit, UAE resident (20%)
AED 435,000
Deposit, non-resident (40%)
AED 870,000
Monthly over 25 years at 3.7%
AED 8,899

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