2-bed · 1,865 sqftGolf Panorama Tower B, Damac Hills · Ground floor · completed 2015

G+P 05, Golf Panorama Tower B

Sold prices and rental history: sold twice, last in October 2023, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G+P 05 · DLD and Ejari recordsUpdated 27 October 2023
Last soldAED 2.3M27 October 2023
Current rentAED 110K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G+P 05, Golf Panorama Tower B

What is G+P 05 worth today?

Last sold for AED 2,300,000 in 2023

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27 Oct 2023SoldReady
AED 2,300,000AED 1,233 per sqft
15 Mar 2022RentedNew contract
AED 110,000/yr12 months · AED 59 per sqft
22 Aug 2021Sold by developerReady
AED 1,581,000AED 847 per sqft

Source: Dubai Land Department. Updated 27 October 2023.

Key facts

Type
2-bed apartment
Size
1,865 sqft
Floor
Ground of 8
Parking
P1-172
Developer
DAMAC
Completed
2015
Service charge
AED 26,300 /yr
Last sold
AED 2.3M · October 2023

About G+P 05, Golf Panorama Tower B

G+P 05 is a two-bedroom apartment of 1,865 sqft on the ground floor of Golf Panorama Tower B, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. It last sold on 27 October 2023 for AED 2,300,000, or AED 1,233 per sqft, 16% above the AED 1,063 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2022. The current contract, signed on 15 March 2022, is AED 110,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 26,300 a year.

Sales and rents for G+P 05 over time

Sales
Unit G+P 05, each saleTypical two-bed in Golf Panorama Tower B
1.5M2M2013201720212025Typical 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 2021: AED 1,581,000 (AED 847 per sqft)Sold, October 2023: AED 2,300,000 (AED 1,233 per sqft)

G+P 05 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G+P 05, 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, March 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 G+P 05 sits

All 14 2-beds →

G+P 05 last sold in October 2023 at AED 1,233 per sqft, 16% above what two-beds in Golf Panorama Tower B were fetching at the time (AED 1,063). G+P 05'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 ground floor

All 80 units in Golf Panorama Tower B
Value
G+P 062-bedAED 2.78M · Oct 2013
G+P 073-bedAED 3.16M · Dec 2013
G+P 083-bedAED 3.13M · Nov 2014

G+P 05, Golf Panorama Tower B in numbers

  • Sold twice: first on 22 August 2021 for AED 1,581,000, last on 27 October 2023 for AED 2,300,000 (AED 1,233 per sqft).
  • Rented since March 2022 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 26,300 a year (AED 14.09 per sqft).

Source: Dubai Land Department. Updated 27 October 2023.

Questions about G+P 05, Golf Panorama Tower B

What did unit G+P 05 last sell for?

AED 2,300,000 on 27 October 2023: AED 1,233 per sqft for 1,865 sqft. The unit has 2 registered sales; the first was AED 1,581,000 in August 2021.

What is the rent for unit G+P 05?

AED 110,000 a year on the contract signed on 15 March 2022.

How big is unit G+P 05?

1,865 sqft (173.3 sqm): a two-bedroom apartment on the ground floor of a 8-storey tower completed in 2015.

What is unit G+P 05 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 G+P 05, Golf Panorama Tower B

Starts from the last sale price (AED 2.3M, 27 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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