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2-bed · 1,472 sqftGolf Terrace A, Damac Hills · 7th floor · completed 2016

A704, Golf Terrace A

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A704 · DLD and Ejari recordsUpdated 11 July 2024
Last soldAED 2.05M11 July 2024
Current rentAED 160K /yr11 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A704, Golf Terrace A

What is A704 worth today?

Last sold for AED 2,050,000 in 2024

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11 Jul 2024SoldReady
AED 2,050,000AED 1,393 per sqft
11 Jun 2024RentedNew contract
AED 160,000/yr12 months · AED 109 per sqft
21 Mar 2024RentedNew contract
AED 180,000/yr12 months · AED 122 per sqft
16 Feb 2024SoldReady
AED 1,700,000AED 1,155 per sqft
30 Jan 2024RentedNew contract
AED 130,000/yr12 months · AED 88 per sqft
27 Oct 2022RentedNew contract
AED 105,000/yr12 months · AED 71 per sqft
2 Apr 2014Sold by developerOff-plan
AED 2,296,668AED 1,560 per sqft

Source: Dubai Land Department. Updated 11 July 2024.

Key facts

Type
2-bed hotel apartment
Size
1,472 sqft
Floor
7th of 8
Parking
G-59
Developer
DAMAC
Completed
2016
Service charge
AED 20,100 /yr
Last sold
AED 2.05M · July 2024
Building
Golf Terrace A

About A704, Golf Terrace A

A704 is a two-bedroom hotel apartment of 1,472 sqft on the 7th floor of Golf Terrace A, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 11 July 2024 for AED 2,050,000, or AED 1,393 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 11 June 2024, is AED 160,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 20,100 a year.

Sales and rents for A704 over time

Sales
Unit A704, each saleTypical two-bed in Golf Terrace A
1.5M2M20142017202020232026Typical sale price by year: 2014 AED 2,197,350; 2023 AED 1,400,000; 2024 AED 1,700,000; 2025 AED 2,100,000Sold by developer, April 2014: AED 2,296,668 (AED 1,560 per sqft)Sold, February 2024: AED 1,700,000 (AED 1,155 per sqft)Sold, July 2024: AED 2,050,000 (AED 1,393 per sqft)

A704 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit A704, each contractTypical two-bed in Golf Terrace A
100K150K2018202120242027Typical rent by year: 2018 AED 110,000; 2019 AED 90,000; 2020 AED 76,000; 2021 AED 78,500; 2022 AED 95,000; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 140,000; 2026 AED 114,000New contract, October 2022: AED 105,000 a yearNew contract, January 2024: AED 130,000 a yearNew contract, March 2024: AED 180,000 a yearNew contract, June 2024: AED 160,000 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 Terrace A, and where A704 sits

All 14 2-beds →

Over the last 12 months two-beds sold for AED 1,650,000, around AED 1,108 per sqft, and rent for AED 104,709 to 150,000 a year. A704's AED 160,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 20261,650,000
25 Jun 20251,800,000
20 May 20252,200,000
3 Feb 20252,100,000
1 2-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 7th floor

All 75 units in Golf Terrace A
Value
A7013-bedAED 3M · Oct 2024
A7023-bedAED 3.12M · Jan 2026
A703StudioAED 400K · Dec 2021
A7051-bedAED 1.3M · May 2014
A7061-bedAED 1.34M · Feb 2014
A7071-bedAED 890K · Aug 2024
A7082-bedAED 1.8M · Jun 2025
1–7 of 8

A704, Golf Terrace A in numbers

  • Sold 3 times: first on 2 April 2014 for AED 2,296,668, last on 11 July 2024 for AED 2,050,000 (AED 1,393 per sqft).
  • Rented since October 2022 on 4 Ejari contracts, from AED 105,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 20,100 a year (AED 13.65 per sqft).
  • Two-beds in Golf Terrace A sold for AED 1,650,000–1,650,000 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 11 July 2024.

Questions about A704, Golf Terrace A

What did unit A704 last sell for?

AED 2,050,000 on 11 July 2024: AED 1,393 per sqft for 1,472 sqft. The unit has 3 registered sales; the first was AED 2,296,668 in April 2014.

What is the rent for unit A704?

AED 160,000 a year on the contract signed on 11 June 2024. The previous contract, from March 2024, was AED 180,000; the unit has been rented since October 2022.

How big is unit A704?

1,472 sqft (136.8 sqm): a two-bedroom hotel apartment on the 7th floor of a 8-storey tower completed in 2016.

What is unit A704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Terrace A sold for AED 1,650,000 to 1,650,000 in the last 12 months, around AED 1,108 per sqft.

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Mortgage on A704, Golf Terrace A

Starts from the last sale price (AED 2.05M, 11 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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