Studio · 445 sqftGolf Terrace A, Damac Hills · 6th floor · completed 2016

A603, Golf Terrace A

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A603 · DLD and Ejari recordsUpdated 23 August 2024
Last soldAED 530K11 September 2023
Current rentAED 47K /yr23 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A603, Golf Terrace A

What is A603 worth today?

Last sold for AED 530,000 in 2023

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23 Aug 2024RentedNew contract
AED 47,000/yr12 months · AED 106 per sqft
11 Sep 2023SoldReady
AED 530,000AED 1,190 per sqft
11 May 2023SoldReady
AED 450,000AED 1,010 per sqft
28 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
16 Oct 2018RentedNew contract
AED 42,000/yr12 months · AED 95 per sqft
18 Jan 2018RentedNew contract
AED 48,000/yr12 months · AED 109 per sqft
13 Mar 2014Sold by developerOff-plan
AED 836,000AED 1,877 per sqft

Source: Dubai Land Department. Updated 23 August 2024.

Key facts

Type
Studio hotel apartment
Size
445 sqft
Floor
6th of 8
Parking
G-50
Developer
DAMAC
Completed
2016
Service charge
AED 6,100 /yr
Last sold
AED 530K · September 2023

About A603, Golf Terrace A

A603 is a studio of 445 sqft on the 6th floor of Golf Terrace A, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 11 September 2023 for AED 530,000, or AED 1,190 per sqft, 21% above the AED 984 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 23 August 2024, is AED 47,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 6,100 a year.

Sales and rents for A603 over time

Sales
Unit A603, each saleTypical studio in Golf Terrace A
500K750K2014201820222026Typical sale price by year: 2014 AED 848,350; 2016 AED 860,000; 2022 AED 385,000; 2023 AED 500,000; 2024 AED 540,000; 2026 AED 650,000Sold by developer, March 2014: AED 836,000 (AED 1,877 per sqft)Sold, May 2023: AED 450,000 (AED 1,010 per sqft)Sold, September 2023: AED 530,000 (AED 1,190 per sqft)

A603 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A603, each contractTypical studio in Golf Terrace A
30K40K50K2017202020232026Typical rent by year: 2017 AED 50,000; 2018 AED 48,000; 2019 AED 40,500; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 32,450; 2023 AED 38,500; 2024 AED 45,000; 2025 AED 51,000; 2026 AED 48,500New contract, January 2018: AED 48,000 a yearNew contract, October 2018: AED 42,000 a yearNew contract, October 2020: AED 30,000 a yearNew contract, August 2024: AED 47,000 a year

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

Studios in Golf Terrace A, and where A603 sits

All 20 studios →

A603 last sold in September 2023 at AED 1,190 per sqft, 21% above what studios in Golf Terrace A were fetching at the time (AED 984). Over the last 12 months studios sold for AED 625,000 to 720,000, around AED 1,263 per sqft, and rent for AED 44,100 to 52,000 a year. A603's AED 47,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 2026625,000
24 Jun 2026650,000
12 Feb 2026720,000
23 Dec 2024630,000
3 studio sales 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 6th floor

All 75 units in Golf Terrace A
Value
A6013-bedAED 1.81M · Nov 2021
A6023-bedAED 2.6M · Nov 2019
A6042-bedAED 1.3M · Mar 2023
A6051-bedAED 1.18M · Apr 2025
A6061-bedAED 1.34M · Dec 2014
A6071-bedAED 1.31M · Dec 2014
A6082-bedAED 2.17M · Mar 2014
1–7 of 8

A603, Golf Terrace A in numbers

  • Sold 3 times: first on 13 March 2014 for AED 836,000, last on 11 September 2023 for AED 530,000 (AED 1,190 per sqft).
  • Rented since January 2018 on 4 Ejari contracts. The rent fell from AED 48,000 to AED 30,000 in 2020 and recovered to AED 47,000 by August 2024.
  • At AED 47,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 6,100 a year (AED 13.65 per sqft).
  • Studios in Golf Terrace A sold for AED 625,000–720,000 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 23 August 2024.

Questions about A603, Golf Terrace A

What did unit A603 last sell for?

AED 530,000 on 11 September 2023: AED 1,190 per sqft for 445 sqft. The unit has 3 registered sales; the first was AED 836,000 in March 2014.

What is the rent for unit A603?

AED 47,000 a year on the contract signed on 23 August 2024. The previous contract, from October 2020, was AED 30,000; the unit has been rented since January 2018.

How big is unit A603?

445 sqft (41.3 sqm): a studio on the 6th floor of a 8-storey tower completed in 2016.

What is unit A603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Terrace A sold for AED 625,000 to 720,000 in the last 12 months, around AED 1,263 per sqft.

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Mortgage on A603, Golf Terrace A

Starts from the last sale price (AED 530K, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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