1-bed · 889 sqftGolf Panorama Tower B, Damac Hills · 5th floor · completed 2015

B508, Golf Panorama Tower B

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

Unit B508 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1.16M29 May 2017
Current rentAED 70K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B508, Golf Panorama Tower B

What is B508 worth today?

Last sold for AED 1,156,000 in 2017

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1 Jul 2025RentedRenewal
AED 70,000/yr12 months · AED 79 per sqft
1 Jul 2025RentedRenewal
AED 70,000/yr12 months · AED 79 per sqft
1 Jul 2024RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
1 Jun 2023RentedNew contract
AED 50,000/yr12 months · AED 56 per sqft
1 Jun 2019RentedNew contract
AED 45,000/yr12 months · AED 50 per sqft
1 Apr 2018RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
20 Jun 2017RentedNew contract
AED 65,000/yr12 months · AED 73 per sqft
29 May 2017Sold by developerReady
AED 1,156,000AED 1,300 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
889 sqft
Floor
5th of 8
Parking
P1-103
Developer
DAMAC
Completed
2015
Service charge
AED 12,500 /yr
Last sold
AED 1.16M · May 2017

About B508, Golf Panorama Tower B

B508 is a one-bedroom apartment of 889 sqft on the 5th floor of Golf Panorama Tower B, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. The developer sold it on 29 May 2017 for AED 1,156,000, or AED 1,300 per sqft, 3% above the AED 1,259 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 70,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 12,500 a year.

Sales and rents for B508 over time

Sales
Unit B508, each saleTypical one-bed in Golf Panorama Tower B
800K1M1.2M2013201720212025Typical 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, May 2017: AED 1,156,000 (AED 1,300 per sqft)

B508 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B508, 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, June 2017: AED 65,000 a yearNew contract, April 2018: AED 60,000 a yearNew contract, June 2019: AED 45,000 a yearNew contract, June 2023: AED 50,000 a yearNew contract, July 2024: AED 70,000 a yearRenewal, July 2025: AED 70,000 a yearRenewal, July 2025: 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 Panorama Tower B, and where B508 sits

All 29 1-beds →

B508 last sold in May 2017 at AED 1,300 per sqft, 3% above what one-beds in Golf Panorama Tower B were fetching at the time (AED 1,259). 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. B508's AED 70,000 is in the upper half 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 5th floor

All 80 units in Golf Panorama Tower B
Value
B501A3-bedAED 1.58M · Oct 2023
B501B1-bedAED 989K · Dec 2014
B5023-bedAED 1.43M · Jun 2021
B5031-bedAED 635K · May 2021
B504StudioAED 400K · Sep 2018
B505StudioAED 366K · Jan 2023
B506StudioAED 657K · Dec 2013
1–7 of 11

B508, Golf Panorama Tower B in numbers

  • Sold once: by DAMAC on 29 May 2017 for AED 1,156,000, or AED 1,300 per sqft.
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2019 and recovered to AED 70,000 by July 2025.
  • At AED 70,000 a year the gross yield on the 2017 price is 6.1%, before a service charge of about AED 12,500 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 1 July 2025.

Questions about B508, Golf Panorama Tower B

What did unit B508 last sell for?

AED 1,156,000 on 29 May 2017, sold by the developer: AED 1,300 per sqft for 889 sqft. It is the only registered sale of the unit.

What is the rent for unit B508?

AED 70,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2025, was AED 70,000; the unit has been rented since June 2017.

How big is unit B508?

889 sqft (82.6 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit B508 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 B508, Golf Panorama Tower B

Starts from the last sale price (AED 1.16M, 29 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,156,000
Deposit, UAE resident (20%)
AED 231,200
Deposit, non-resident (40%)
AED 462,400
Monthly over 25 years at 3.7%
AED 4,730

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