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1-bed · 730 sqftGolf Horizon Tower A, Damac Hills · 5th floor · completed 2015

A501B, Golf Horizon Tower A

Sold prices and rental history: sold once, by the developer in November 2014, and rented once, from November 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A501B · DLD and Ejari recordsUpdated 5 November 2017
Last soldAED 1.11M17 November 2014
Current rentAED 70K /yr5 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A501B, Golf Horizon Tower A

What is A501B worth today?

Last sold for AED 1,107,700 in 2014

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5 Nov 2017RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
17 Nov 2014Sold by developerOff-plan
AED 1,107,700AED 1,516 per sqft

Source: Dubai Land Department. Updated 5 November 2017.

Key facts

Type
1-bed apartment
Size
730 sqft
Floor
5th of 8
Parking
G-72
Developer
DAMAC
Completed
2015
Service charge
AED 10,100 /yr
Last sold
AED 1.11M · November 2014
Building
Golf Horizon Tower A

About A501B, Golf Horizon Tower A

A501B is a one-bedroom apartment of 730 sqft on the 5th floor of Golf Horizon Tower A, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. The developer sold it on 17 November 2014 for AED 1,107,700, or AED 1,516 per sqft, 39% above the AED 1,088 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 November 2017. The current contract, signed on 5 November 2017, is AED 70,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 10,100 a year.

Sales and rents for A501B over time

Sales
Unit A501B, each saleTypical one-bed in Golf Horizon Tower A
500K750K1M2013201720212025Typical sale price by year: 2013 AED 958,490; 2014 AED 987,000; 2017 AED 950,000; 2020 AED 592,500; 2023 AED 845,000; 2026 AED 1,085,000Sold by developer, November 2014: AED 1,107,700 (AED 1,516 per sqft)

A501B has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A501B, each contractTypical one-bed in Golf Horizon Tower A
40K60K80K2017202020232026Typical rent by year: 2017 AED 67,000; 2018 AED 65,000; 2019 AED 58,500; 2020 AED 47,000; 2021 AED 43,000; 2022 AED 49,000; 2023 AED 54,500; 2024 AED 72,000; 2025 AED 80,000; 2026 AED 80,000New contract, November 2017: AED 70,000 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 Horizon Tower A, and where A501B sits

All 30 1-beds →

A501B last sold in November 2014 at AED 1,516 per sqft, 39% above what one-beds in Golf Horizon Tower A were fetching at the time (AED 1,088). Over the last 12 months one-beds sold for AED 1,075,000 to 1,125,000, around AED 1,301 per sqft, and rent for AED 65,685 to 95,000 a year. A501B's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Mar 20261,075,000
24 Mar 20261,085,000
8 Jan 20261,125,000
20 Oct 20251,130,000
3 1-bed sales in the last 12 months

Golf Horizon Tower A

Building

79 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2015 by DAMAC. 9 sold in the last 12 months.

Typical price per sqft
AED 1,301
Typical sale
AED 1.09M
Typical rent
AED 80K /yr
Typical yield
6.9%
Golf Horizon Tower A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 79 units in Golf Horizon Tower A
Value
A501A1-bedAED 2.69M · Nov 2014
A5023-bedAED 2.48M · Mar 2014
A5031-bedAED 1.08M · Mar 2026
A504StudioAED 616K · Dec 2013
A505StudioAED 645K · Dec 2025
A506StudioAED 657K · Dec 2013
A5071-bedAED 1.11M · May 2014
1–7 of 11

A501B, Golf Horizon Tower A in numbers

  • Sold once: by DAMAC on 17 November 2014 for AED 1,107,700, or AED 1,516 per sqft.
  • Rented since November 2017 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 10,100 a year (AED 13.81 per sqft).
  • One-beds in Golf Horizon Tower A sold for AED 1,075,000–1,125,000 in the 12 months to November 2026; the building's median across all types is AED 1,301 per sqft.

Source: Dubai Land Department. Updated 5 November 2017.

Questions about A501B, Golf Horizon Tower A

What did unit A501B last sell for?

AED 1,107,700 on 17 November 2014, sold by the developer: AED 1,516 per sqft for 730 sqft. It is the only registered sale of the unit.

What is the rent for unit A501B?

AED 70,000 a year on the contract signed on 5 November 2017.

How big is unit A501B?

730 sqft (67.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit A501B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Horizon Tower A sold for AED 1,075,000 to 1,125,000 in the last 12 months, around AED 1,301 per sqft.

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Mortgage on A501B, Golf Horizon Tower A

Starts from the last sale price (AED 1.11M, 17 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,107,700
Deposit, UAE resident (20%)
AED 221,540
Deposit, non-resident (40%)
AED 443,080
Monthly over 25 years at 3.7%
AED 4,532

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