Studio · 481 sqftGolf Terrace A, Damac Hills · 7th floor · completed 2016

A709, Golf Terrace A

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A709 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 640K31 October 2024
Current rentAED 35K /yr31 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A709, Golf Terrace A

What is A709 worth today?

Last sold for AED 640,000 in 2024

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31 Oct 2024SoldReady
AED 640,000AED 1,329 per sqft
31 Dec 2023RentedRenewal
AED 35,280/yr12 months · AED 73 per sqft
31 Dec 2022RentedNew contract
AED 33,600/yr12 months · AED 69 per sqft
31 Dec 2020RentedNew contract
AED 32,000/yr12 months · AED 66 per sqft
9 Dec 2017RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
27 Feb 2014Sold by developerOff-plan
AED 893,950AED 1,857 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
Studio hotel apartment
Size
481 sqft
Floor
7th of 8
Parking
G-64
Developer
DAMAC
Completed
2016
Service charge
AED 6,600 /yr
Last sold
AED 640K · October 2024

About A709, Golf Terrace A

A709 is a studio of 481 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 31 October 2024 for AED 640,000, or AED 1,329 per sqft, 16% above the AED 1,142 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 31 December 2023, is AED 35,280 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for A709 over time

Sales
Unit A709, 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, February 2014: AED 893,950 (AED 1,857 per sqft)Sold, October 2024: AED 640,000 (AED 1,329 per sqft)

A709 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A709, 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, December 2017: AED 50,000 a yearNew contract, December 2020: AED 32,000 a yearNew contract, December 2022: AED 33,600 a yearRenewal, December 2023: AED 35,280 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 A709 sits

All 20 studios →

A709 last sold in October 2024 at AED 1,329 per sqft, 16% above what studios in Golf Terrace A were fetching at the time (AED 1,142). 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. A709's AED 35,280 is at the bottom 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 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
A7042-bedAED 2.05M · Jul 2024
A7051-bedAED 1.3M · May 2014
A7061-bedAED 1.34M · Feb 2014
A7071-bedAED 890K · Aug 2024
1–7 of 8

A709, Golf Terrace A in numbers

  • Sold twice: first on 27 February 2014 for AED 893,950, last on 31 October 2024 for AED 640,000 (AED 1,329 per sqft).
  • Rented since December 2017 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2020 and recovered to AED 35,280 by December 2023.
  • At AED 35,280 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 6,600 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 31 October 2024.

Questions about A709, Golf Terrace A

What did unit A709 last sell for?

AED 640,000 on 31 October 2024: AED 1,329 per sqft for 481 sqft. The unit has 2 registered sales; the first was AED 893,950 in February 2014.

What is the rent for unit A709?

AED 35,280 a year on the contract renewed on 31 December 2023. The previous contract, from December 2022, was AED 33,600; the unit has been rented since December 2017.

How big is unit A709?

481 sqft (44.7 sqm): a studio on the 7th floor of a 8-storey tower completed in 2016.

What is unit A709 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 A709, Golf Terrace A

Starts from the last sale price (AED 640K, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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