1-bed · 888 sqftGolf Horizon Tower A, Damac Hills · 7th floor · completed 2015

A706, Golf Horizon Tower A

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A706 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 830K15 August 2023
Current rentAED 40K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A706, Golf Horizon Tower A

What is A706 worth today?

Last sold for AED 830,000 in 2023

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15 Aug 2023SoldReady
AED 830,000AED 934 per sqft
1 Nov 2022RentedRenewal
AED 40,000/yr12 months · AED 45 per sqft
1 Nov 2021RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
1 Oct 2018RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
15 Aug 2017RentedNew contract
AED 65,000/yr12 months · AED 73 per sqft
18 Dec 2013Sold by developerOff-plan
AED 948,000AED 1,067 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
1-bed apartment
Size
888 sqft
Floor
7th of 8
Parking
P1-121
Developer
DAMAC
Completed
2015
Service charge
AED 12,300 /yr
Last sold
AED 830K · August 2023

About A706, Golf Horizon Tower A

A706 is a one-bedroom apartment of 888 sqft on the 7th floor of Golf Horizon Tower A, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. It last sold on 15 August 2023 for AED 830,000, or AED 934 per sqft, in line with the AED 916 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 40,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 12,300 a year.

Sales and rents for A706 over time

Sales
Unit A706, each saleTypical one-bed in Golf Horizon Tower A
750K1M2013201720212025Typical 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, December 2013: AED 948,000 (AED 1,067 per sqft)Sold, August 2023: AED 830,000 (AED 934 per sqft)

A706 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A706, 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, August 2017: AED 65,000 a yearNew contract, October 2018: AED 60,000 a yearNew contract, November 2021: AED 40,000 a yearRenewal, November 2022: AED 40,000 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 A706 sits

All 30 1-beds →

A706 last sold in August 2023 at AED 934 per sqft, in line with what one-beds in Golf Horizon Tower A were fetching at the time (AED 916). 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. A706's AED 40,000 is at the bottom 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 7th floor

All 79 units in Golf Horizon Tower A
Value
A7013-bedAED 2.66M · Dec 2013
A7023-bedAED 2.52M · Dec 2013
A703StudioAED 175K · Jul 2022
A7042-bedAED 1.64M · Nov 2014
A7051-bedAED 980K · Dec 2013
A7071-bedAED 986K · Dec 2014
A7082-bedAED 2.2M · Nov 2024
1–7 of 8

A706, Golf Horizon Tower A in numbers

  • Sold twice: first on 18 December 2013 for AED 948,000, last on 15 August 2023 for AED 830,000 (AED 934 per sqft).
  • Rented since August 2017 on 4 Ejari contracts, from AED 65,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 12,300 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 15 August 2023.

Questions about A706, Golf Horizon Tower A

What did unit A706 last sell for?

AED 830,000 on 15 August 2023: AED 934 per sqft for 888 sqft. The unit has 2 registered sales; the first was AED 948,000 in December 2013.

What is the rent for unit A706?

AED 40,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 40,000; the unit has been rented since August 2017.

How big is unit A706?

888 sqft (82.5 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.

What is unit A706 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 A706, Golf Horizon Tower A

Starts from the last sale price (AED 830K, 15 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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