3-bed · 2,085 sqftGolf Terrace A, Damac Hills · 5th floor · completed 2016

A501, Golf Terrace A

Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A501 · DLD and Ejari recordsUpdated 14 December 2021
Last soldAED 1.75M14 December 2021
Current rentAED 110K /yr25 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A501, Golf Terrace A

What is A501 worth today?

Last sold for AED 1,750,205 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Dec 2021Sold by developerReady
AED 1,750,205AED 839 per sqft
25 Aug 2020RentedNew contract
AED 110,000/yr13 months · AED 53 per sqft
16 Mar 2019RentedNew contract
AED 130,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 14 December 2021.

Key facts

Type
3-bed apartment
Size
2,085 sqft
Floor
5th of 8
Parking
B-18A, B-18B
Developer
DAMAC
Completed
2016
Service charge
AED 28,500 /yr
Last sold
AED 1.75M · December 2021

About A501, Golf Terrace A

A501 is a three-bedroom apartment of 2,085 sqft on the 5th floor of Golf Terrace A, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. The developer sold it on 14 December 2021 for AED 1,750,205, or AED 839 per sqft, in line with the AED 850 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 25 August 2020, is AED 110,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 28,500 a year.

Sales and rents for A501 over time

Sales
Unit A501, each saleTypical three-bed in Golf Terrace A
2M3M202120232025Typical sale price by year: 2021 AED 1,777,000; 2022 AED 2,193,000; 2023 AED 1,800,000; 2024 AED 3,000,000; 2025 AED 3,435,000Sold by developer, December 2021: AED 1,750,205 (AED 839 per sqft)

A501 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit A501, each contractTypical three-bed in Golf Terrace A
120K201920212023Typical rent by year: 2019 AED 130,000; 2020 AED 107,500; 2021 AED 109,000; 2022 AED 125,000; 2023 AED 135,000New contract, March 2019: AED 130,000 a yearNew contract, August 2020: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Golf Terrace A, and where A501 sits

All 13 3-beds →

A501 last sold in December 2021 at AED 839 per sqft, in line with what three-beds in Golf Terrace A were fetching at the time (AED 850). Over the last 12 months three-beds sold for AED 3,120,000, around AED 1,527 per sqft, and rent for AED 154,000 to 160,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Jan 20263,120,000
24 Apr 20253,435,000
24 Feb 20253,950,000
10 Jan 20252,300,000
1 3-bed sale in the last 12 months

Golf Terrace A

Building

75 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2016 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft
AED 1,263
Typical sale
AED 720K
Typical rent
AED 80K /yr
Typical yield
6.6%
Golf Terrace A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 75 units in Golf Terrace A
Value
A5023-bedAED 3.03M · Mar 2014
A5031-bedAED 1.05M · Jun 2022
A504StudioAED 720K · Feb 2026
A505StudioAED 385K · Nov 2022
A506StudioAED 630K · Dec 2024
A5071-bedAED 1.29M · Dec 2014
A5081-bedAED 690K · Sep 2022
1–7 of 10

A501, Golf Terrace A in numbers

  • Sold once: by DAMAC on 14 December 2021 for AED 1,750,205, or AED 839 per sqft.
  • Rented since March 2019 on 2 Ejari contracts, from AED 130,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 6.3%, before a service charge of about AED 28,500 a year (AED 13.65 per sqft).
  • Three-beds in Golf Terrace A sold for AED 3,120,000–3,120,000 in the 12 months to November 2026; the building's median across all types is AED 1,263 per sqft.

Source: Dubai Land Department. Updated 14 December 2021.

Questions about A501, Golf Terrace A

What did unit A501 last sell for?

AED 1,750,205 on 14 December 2021, sold by the developer: AED 839 per sqft for 2,085 sqft. It is the only registered sale of the unit.

What is the rent for unit A501?

AED 110,000 a year on the contract signed on 25 August 2020. The previous contract, from March 2019, was AED 130,000.

How big is unit A501?

2,085 sqft (193.7 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit A501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golf Terrace A sold for AED 3,120,000 to 3,120,000 in the last 12 months, around AED 1,527 per sqft.

Selling A501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A501, Golf Terrace A

Starts from the last sale price (AED 1.75M, 14 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,205
Deposit, UAE resident (20%)
AED 350,041
Deposit, non-resident (40%)
AED 700,082
Monthly over 25 years at 3.7%
AED 7,161

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