2-bed · 1,702 sqftGolf Panorama Tower B, Damac Hills · 4th floor · completed 2015

B401, Golf Panorama Tower B

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B401 · DLD and Ejari recordsUpdated 13 May 2024
Last soldAED 1.85M13 May 2024
Current rentAED 105K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B401, Golf Panorama Tower B

What is B401 worth today?

Last sold for AED 1,850,000 in 2024

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13 May 2024SoldReady
AED 1,850,000AED 1,087 per sqft
1 Jun 2023RentedRenewal
AED 105,000/yr12 months · AED 62 per sqft
1 Jun 2022RentedNew contract
AED 100,000/yr12 months · AED 59 per sqft
17 May 2022SoldReady
AED 1,240,000AED 728 per sqft
20 Sep 2020RentedRenewal
AED 80,000/yr12 months · AED 47 per sqft
20 Sep 2019RentedRenewal
AED 94,000/yr12 months · AED 55 per sqft
20 Sep 2018RentedNew contract
AED 100,000/yr12 months · AED 59 per sqft
15 Jun 2017RentedNew contract
AED 112,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 13 May 2024.

Key facts

Type
2-bed apartment
Size
1,702 sqft
Floor
4th of 8
Parking
G-58
Developer
DAMAC
Completed
2015
Service charge
AED 24,000 /yr
Last sold
AED 1.85M · May 2024

About B401, Golf Panorama Tower B

B401 is a two-bedroom apartment of 1,702 sqft on the 4th floor of Golf Panorama Tower B, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. It last sold on 13 May 2024 for AED 1,850,000, or AED 1,087 per sqft, in line with the AED 1,075 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 105,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 24,000 a year.

Sales and rents for B401 over time

Sales
Unit B401, each saleTypical two-bed in Golf Panorama Tower B
2M2013201720212025Typical sale price by year: 2013 AED 1,569,400; 2014 AED 1,644,000; 2023 AED 1,550,000; 2025 AED 1,900,000Sold by developer, September 2013: AED 2,476,600 (AED 1,455 per sqft)Sold, May 2022: AED 1,240,000 (AED 728 per sqft)Sold, May 2024: AED 1,850,000 (AED 1,087 per sqft)

B401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit B401, each contractTypical two-bed in Golf Panorama Tower B
75K100K125K2017202020232026Typical rent by year: 2017 AED 110,000; 2018 AED 90,000; 2019 AED 83,000; 2020 AED 74,500; 2021 AED 75,000; 2022 AED 87,500; 2023 AED 96,750; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 126,000New contract, June 2017: AED 112,000 a yearNew contract, September 2018: AED 100,000 a yearRenewal, September 2019: AED 94,000 a yearRenewal, September 2020: AED 80,000 a yearNew contract, June 2022: AED 100,000 a yearRenewal, June 2023: AED 105,000 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 Panorama Tower B, and where B401 sits

All 14 2-beds →

B401 last sold in May 2024 at AED 1,087 per sqft, in line with what two-beds in Golf Panorama Tower B were fetching at the time (AED 1,075). B401's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20252,150,000
20 May 20251,900,000
28 Mar 20251,800,000
7 Aug 20241,555,000
0 2-bed sales in the last 12 months

Golf Panorama Tower B

Building

80 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2015 by DAMAC. 7 sold in the last 12 months.

Typical price per sqft
AED 1,164
Typical sale
AED 660K
Typical rent
AED 73K /yr
Typical yield
7.5%
Golf Panorama Tower B, Damac Hills: prices, sales and rents →

Other units on the 4th floor

All 80 units in Golf Panorama Tower B
Value
B402A3-bedAED 2.2M · Oct 2016
B402BStudioAED 626K · May 2014
B4031-bedAED 350K · Nov 2015
B404StudioAED 650K · Jan 2018
B405StudioAED 500K · Jul 2026
B406StudioAED 451K · Feb 2025
B4071-bedAED 850K · Jul 2024
1–7 of 12

B401, Golf Panorama Tower B in numbers

  • Sold 3 times: first on 17 September 2013 for AED 2,476,600, last on 13 May 2024 for AED 1,850,000 (AED 1,087 per sqft).
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 112,000 to AED 80,000 in 2020 and recovered to AED 105,000 by June 2023.
  • At AED 105,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 24,000 a year (AED 14.09 per sqft).

Source: Dubai Land Department. Updated 13 May 2024.

Questions about B401, Golf Panorama Tower B

What did unit B401 last sell for?

AED 1,850,000 on 13 May 2024: AED 1,087 per sqft for 1,702 sqft. The unit has 3 registered sales; the first was AED 2,476,600 in September 2013.

What is the rent for unit B401?

AED 105,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 100,000; the unit has been rented since June 2017.

How big is unit B401?

1,702 sqft (158.1 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit B401 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 B401, Golf Panorama Tower B

Starts from the last sale price (AED 1.85M, 13 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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