1-bed · 838 sqftGolf Panorama Tower B, Damac Hills · 4th floor · completed 2015

B407, Golf Panorama Tower B

Sold prices and rental history: sold twice, last in July 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B407 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 850K23 July 2024
Current rentAED 38K /yr12 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B407, Golf Panorama Tower B

What is B407 worth today?

Last sold for AED 850,000 in 2024

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23 Jul 2024SoldReady
AED 850,000AED 1,014 per sqft
12 Nov 2020RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
1 Nov 2018RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
19 Dec 2013Sold by developerOff-plan
AED 869,000AED 1,037 per sqft

Source: Dubai Land Department. Updated 23 July 2024.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
4th of 8
Parking
G-80
Developer
DAMAC
Completed
2015
Service charge
AED 11,800 /yr
Last sold
AED 850K · July 2024

About B407, Golf Panorama Tower B

B407 is a one-bedroom apartment of 838 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 23 July 2024 for AED 850,000, or AED 1,014 per sqft, in line with the AED 1,006 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 12 November 2020, is AED 38,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 11,800 a year.

Sales and rents for B407 over time

Sales
Unit B407, each saleTypical one-bed in Golf Panorama Tower B
800K1M2013201720212025Typical sale price by year: 2013 AED 953,245; 2014 AED 982,220; 2017 AED 1,051,173; 2023 AED 830,000; 2024 AED 930,000; 2025 AED 1,100,000Sold by developer, December 2013: AED 869,000 (AED 1,037 per sqft)Sold, July 2024: AED 850,000 (AED 1,014 per sqft)

B407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B407, each contractTypical one-bed in Golf Panorama Tower B
40K60K80K2017202020232026Typical rent by year: 2017 AED 68,000; 2018 AED 62,000; 2019 AED 53,000; 2020 AED 50,000; 2021 AED 44,500; 2022 AED 50,000; 2023 AED 65,000; 2024 AED 74,000; 2025 AED 75,000; 2026 AED 75,000New contract, November 2018: AED 60,000 a yearNew contract, November 2020: AED 38,000 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 Panorama Tower B, and where B407 sits

All 29 1-beds →

B407 last sold in July 2024 at AED 1,014 per sqft, in line with what one-beds in Golf Panorama Tower B were fetching at the time (AED 1,006). Over the last 12 months one-beds sold for AED 1,035,000 to 1,200,000, around AED 1,209 per sqft, and rent for AED 41,566 to 90,000 a year. B407's AED 38,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Mar 20261,035,000
9 Jan 20261,075,000
21 Nov 20251,200,000
15 Oct 20251,065,000
3 1-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
B4012-bedAED 1.85M · May 2024
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
1–7 of 12

B407, Golf Panorama Tower B in numbers

  • Sold twice: first on 19 December 2013 for AED 869,000, last on 23 July 2024 for AED 850,000 (AED 1,014 per sqft).
  • Rented since November 2018 on 2 Ejari contracts, from AED 60,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 11,800 a year (AED 14.09 per sqft).
  • One-beds in Golf Panorama Tower B sold for AED 1,035,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,164 per sqft.

Source: Dubai Land Department. Updated 23 July 2024.

Questions about B407, Golf Panorama Tower B

What did unit B407 last sell for?

AED 850,000 on 23 July 2024: AED 1,014 per sqft for 838 sqft. The unit has 2 registered sales; the first was AED 869,000 in December 2013.

What is the rent for unit B407?

AED 38,000 a year on the contract signed on 12 November 2020. The previous contract, from November 2018, was AED 60,000.

How big is unit B407?

838 sqft (77.9 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit B407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Panorama Tower B sold for AED 1,035,000 to 1,200,000 in the last 12 months, around AED 1,209 per sqft.

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Mortgage on B407, Golf Panorama Tower B

Starts from the last sale price (AED 850K, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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