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3-bed · 1,985 sqftGolf Panorama Tower A, Damac Hills · 7th floor · completed 2015

A701, Golf Panorama Tower A

Sold prices and rental history: sold once, by the developer in January 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A701 · DLD and Ejari recordsUpdated 14 January 2022
Last soldAED 1.41M14 January 2022
Current rentAED 110K /yr4 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A701, Golf Panorama Tower A

What is A701 worth today?

Last sold for AED 1,408,000 in 2022

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14 Jan 2022Sold by developerReady
AED 1,408,000AED 709 per sqft
4 Jul 2020RentedNew contract
AED 110,000/yr12 months · AED 55 per sqft
5 Jun 2019RentedNew contract
AED 114,150/yr13 months · AED 58 per sqft

Source: Dubai Land Department. Updated 14 January 2022.

Key facts

Type
3-bed apartment
Size
1,985 sqft
Floor
7th of 8
Parking
P1-119, P1-142
Developer
DAMAC
Completed
2015
Service charge
AED 28,000 /yr
Last sold
AED 1.41M · January 2022
Building
Golf Panorama Tower A

About A701, Golf Panorama Tower A

A701 is a three-bedroom apartment of 1,985 sqft on the 7th floor of Golf Panorama Tower A, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. The developer sold it on 14 January 2022 for AED 1,408,000, or AED 709 per sqft, in line with the AED 705 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 4 July 2020, is AED 110,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 28,000 a year.

Sales and rents for A701 over time

Sales
Unit A701, each saleTypical three-bed in Golf Panorama Tower A
1.4M1.5M1.6M202120222023Typical sale price by year: 2021 AED 1,609,750; 2022 AED 1,552,950Sold by developer, January 2022: AED 1,408,000 (AED 709 per sqft)

A701 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit A701, each contractTypical three-bed in Golf Panorama Tower A
100K150K2017202020232026Typical rent by year: 2017 AED 165,000; 2019 AED 117,075; 2020 AED 99,500; 2021 AED 101,500; 2022 AED 104,075; 2023 AED 170,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 157,500New contract, June 2019: AED 114,150 a yearNew contract, July 2020: AED 110,000 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 Panorama Tower A, and where A701 sits

All 12 3-beds →

A701 last sold in January 2022 at AED 709 per sqft, in line with what three-beds in Golf Panorama Tower A were fetching at the time (AED 705). A701's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Mar 20252,200,000
29 Nov 20241,700,000
27 Sep 20242,250,000
2 Oct 20231,546,440
0 3-bed sales in the last 12 months

Golf Panorama Tower A

Building

80 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2015 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 1,331
Typical sale
AED 890K
Typical rent
AED 68K /yr
Typical yield
6.6%
Golf Panorama Tower A, Damac Hills: prices, sales and rents →

Other units on the 7th floor

All 80 units in Golf Panorama Tower A
Value
A702A3-bedAED 1.55M · Oct 2023
A702BStudioAED 612K · Apr 2014
A703StudioAED 475K · Mar 2019
A7042-bedAED 1.64M · Oct 2013
A7051-bedAED 980K · Dec 2013
A7061-bedAED 958K · Dec 2014
A7071-bedAED 930K · Sep 2013
1–7 of 9

A701, Golf Panorama Tower A in numbers

  • Sold once: by DAMAC on 14 January 2022 for AED 1,408,000, or AED 709 per sqft.
  • Rented since June 2019 on 2 Ejari contracts, from AED 114,150 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 28,000 a year (AED 14.09 per sqft).

Source: Dubai Land Department. Updated 14 January 2022.

Questions about A701, Golf Panorama Tower A

What did unit A701 last sell for?

AED 1,408,000 on 14 January 2022, sold by the developer: AED 709 per sqft for 1,985 sqft. It is the only registered sale of the unit.

What is the rent for unit A701?

AED 110,000 a year on the contract signed on 4 July 2020. The previous contract, from June 2019, was AED 114,150.

How big is unit A701?

1,985 sqft (184.4 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.

What is unit A701 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 A701, Golf Panorama Tower A

Starts from the last sale price (AED 1.41M, 14 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,408,000
Deposit, UAE resident (20%)
AED 281,600
Deposit, non-resident (40%)
AED 563,200
Monthly over 25 years at 3.7%
AED 5,761

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