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2-bed · 1,640 sqftGolf Towers 1, The Views · 15th floor · completed 2007

1502, Golf Towers 1

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 16 December 2021
Last soldAED 2.2M16 December 2021
Current rentAED 110K /yr15 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1502, Golf Towers 1

What is 1502 worth today?

Last sold for AED 2,200,000 in 2021

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16 Dec 2021SoldReady
AED 2,200,000AED 1,341 per sqft
15 Jun 2021RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
5 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
5 Dec 2019RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
18 Oct 2018RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
15 Mar 2017RentedRenewal
AED 180,000/yr12 months · AED 110 per sqft
15 Mar 2015RentedNew contract
AED 180,000/yr12 months · AED 110 per sqft
1 Sep 2014RentedNew contract
AED 160,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 16 December 2021.

Key facts

Type
2-bed apartment
Size
1,640 sqft
Floor
15th of 25
Parking
B191
Developer
Emaar
Completed
2007
Service charge
AED 28,000 /yr
Last sold
AED 2.2M · December 2021
Building
Golf Towers 1

About 1502, Golf Towers 1

1502 is a two-bedroom apartment of 1,640 sqft on the 15th floor of Golf Towers 1, a 25-storey tower in The Views completed in 2007 by Emaar. It last sold on 16 December 2021 for AED 2,200,000, or AED 1,341 per sqft, 22% above the AED 1,098 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 15 June 2021, is AED 110,000 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, April 2012: AED 1,502,888 (AED 916 per sqft)Sold, May 2013: AED 2,150,000 (AED 1,310 per sqft)Sold, December 2021: AED 2,200,000 (AED 1,341 per sqft)

1502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, 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, September 2013: AED 160,000 a yearNew contract, September 2014: AED 160,000 a yearNew contract, March 2015: AED 180,000 a yearRenewal, March 2017: AED 180,000 a yearNew contract, October 2018: AED 140,000 a yearNew contract, December 2019: AED 120,000 a yearRenewal, December 2020: AED 100,000 a yearNew contract, June 2021: AED 110,000 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 1502 sits

All 90 2-beds →

1502 last sold in December 2021 at AED 1,341 per sqft, 22% above what two-beds in Golf Towers 1 were fetching at the time (AED 1,098). 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. 1502's AED 110,000 is at the bottom 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 15th floor

All 150 units in Golf Towers 1
Value
15012-bedAED 1.2M · Apr 2014
15033-bedAED 1.2M · Mar 2019
15042-bedAED 1.01M · Mar 2010
15052-bedAED 1.15M · Aug 2010
15061-bedAED 1.25M · Aug 2018

1502, Golf Towers 1 in numbers

  • Sold 3 times: first on 19 April 2012 for AED 1,502,888, last on 16 December 2021 for AED 2,200,000 (AED 1,341 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 160,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 5.0%, before a service charge of about AED 28,000 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 16 December 2021.

Questions about 1502, Golf Towers 1

What did unit 1502 last sell for?

AED 2,200,000 on 16 December 2021: AED 1,341 per sqft for 1,640 sqft. The unit has 3 registered sales; the first was AED 1,502,888 in April 2012.

What is the rent for unit 1502?

AED 110,000 a year on the contract signed on 15 June 2021. The previous contract, from December 2020, was AED 100,000; the unit has been rented since September 2013.

How big is unit 1502?

1,640 sqft (152.4 sqm): a two-bedroom apartment on the 15th floor of a 25-storey tower completed in 2007.

What is unit 1502 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 1502, Golf Towers 1

Starts from the last sale price (AED 2.2M, 16 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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