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2-bed · 1,603 sqftGolf Panorama Tower B, Damac Hills · 6th floor · completed 2015

B604, Golf Panorama Tower B

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

Unit B604 · DLD and Ejari recordsUpdated 31 July 2023
Last soldAED 1.4M31 July 2023
Current rentAED 110K /yr16 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B604, Golf Panorama Tower B

What is B604 worth today?

Last sold for AED 1,400,000 in 2023

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31 Jul 2023SoldReady
AED 1,400,000AED 873 per sqft
16 Dec 2022RentedNew contract
AED 110,000/yr12 months · AED 69 per sqft
20 Dec 2020RentedRenewal
AED 74,000/yr12 months · AED 46 per sqft
20 Dec 2019RentedNew contract
AED 65,000/yr12 months · AED 41 per sqft
14 Jul 2018RentedNew contract
AED 85,000/yr12 months · AED 53 per sqft
11 May 2017RentedNew contract
AED 110,000/yr12 months · AED 69 per sqft
22 Aug 2013Sold by developerOff-plan
AED 1,644,300AED 1,025 per sqft

Source: Dubai Land Department. Updated 31 July 2023.

Key facts

Type
2-bed apartment
Size
1,603 sqft
Floor
6th of 8
Parking
P1-129
Developer
DAMAC
Completed
2015
Service charge
AED 22,600 /yr
Last sold
AED 1.4M · July 2023
Building
Golf Panorama Tower B

About B604, Golf Panorama Tower B

B604 is a two-bedroom apartment of 1,603 sqft on the 6th floor of Golf Panorama Tower B, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. It last sold on 31 July 2023 for AED 1,400,000, or AED 873 per sqft, in line with the AED 873 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 16 December 2022, is AED 110,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 22,600 a year.

Sales and rents for B604 over time

Sales
Unit B604, each saleTypical two-bed in Golf Panorama Tower B
1.5M1.75M2013201720212025Typical 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, August 2013: AED 1,644,300 (AED 1,025 per sqft)Sold, July 2023: AED 1,400,000 (AED 873 per sqft)

B604 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B604, each contractTypical two-bed in Golf Panorama Tower B
100K2017202020232026Typical 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, May 2017: AED 110,000 a yearNew contract, July 2018: AED 85,000 a yearNew contract, December 2019: AED 65,000 a yearRenewal, December 2020: AED 74,000 a yearNew contract, December 2022: AED 110,000 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 B604 sits

All 14 2-beds →

B604 last sold in July 2023 at AED 873 per sqft, in line with what two-beds in Golf Panorama Tower B were fetching at the time (AED 873). B604's AED 110,000 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 6th floor

All 80 units in Golf Panorama Tower B
Value
B6013-bedAED 2.2M · Nov 2023
B602A3-bedAED 1.71M · May 2024
B602BStudioAED 410K · Mar 2024
B603StudioAED 475K · Dec 2024
B6051-bedAED 805K · Jul 2023
B6061-bedAED 995K · Dec 2014
B6071-bedAED 910K · Feb 2024
1–7 of 9

B604, Golf Panorama Tower B in numbers

  • Sold twice: first on 22 August 2013 for AED 1,644,300, last on 31 July 2023 for AED 1,400,000 (AED 873 per sqft).
  • Rented since May 2017 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2019 and recovered to AED 110,000 by December 2022.
  • At AED 110,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 22,600 a year (AED 14.09 per sqft).

Source: Dubai Land Department. Updated 31 July 2023.

Questions about B604, Golf Panorama Tower B

What did unit B604 last sell for?

AED 1,400,000 on 31 July 2023: AED 873 per sqft for 1,603 sqft. The unit has 2 registered sales; the first was AED 1,644,300 in August 2013.

What is the rent for unit B604?

AED 110,000 a year on the contract signed on 16 December 2022. The previous contract, from December 2020, was AED 74,000; the unit has been rented since May 2017.

How big is unit B604?

1,603 sqft (148.9 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit B604 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 B604, Golf Panorama Tower B

Starts from the last sale price (AED 1.4M, 31 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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