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3-bed · 2,728 sqftGolf Terrace A, Damac Hills · 8th floor · completed 2016

A802, Golf Terrace A

Sold prices and rental history: sold once, by the developer in July 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A802 · DLD and Ejari recordsUpdated 10 February 2023
Last soldAED 2.12M14 July 2022
Current rentAED 110K /yr10 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A802, Golf Terrace A

What is A802 worth today?

Last sold for AED 2,119,000 in 2022

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10 Feb 2023RentedNew contract
AED 110,000/yr13 months · AED 40 per sqft
14 Jul 2022Sold by developerReady
AED 2,119,000AED 776 per sqft
10 Dec 2020RentedNew contract
AED 105,000/yr13 months · AED 38 per sqft
1 Aug 2019RentedNew contract
AED 136,367/yr13 months · AED 50 per sqft
1 Aug 2019RentedNew contract
AED 130,000/yr12 months · AED 48 per sqft
1 Aug 2019RentedNew contract
AED 130,350/yr13 months · AED 48 per sqft

Source: Dubai Land Department. Updated 10 February 2023.

Key facts

Type
3-bed apartment
Size
2,728 sqft
Floor
8th of 8
Parking
P1-108A, P1-108B
Developer
DAMAC
Completed
2016
Service charge
AED 37,200 /yr
Last sold
AED 2.12M · July 2022
Building
Golf Terrace A

About A802, Golf Terrace A

A802 is a three-bedroom apartment of 2,728 sqft on the 8th floor of Golf Terrace A, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. The developer sold it on 14 July 2022 for AED 2,119,000, or AED 776 per sqft, 8% below the AED 844 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 10 February 2023, is AED 110,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 37,200 a year.

Sales and rents for A802 over time

Sales
Unit A802, 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, July 2022: AED 2,119,000 (AED 776 per sqft)

A802 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit A802, each contractTypical three-bed in Golf Terrace A
100K120K140K201920212023Typical rent by year: 2019 AED 130,000; 2020 AED 107,500; 2021 AED 109,000; 2022 AED 125,000; 2023 AED 135,000New contract, August 2019: AED 136,367 a yearNew contract, August 2019: AED 130,000 a yearNew contract, August 2019: AED 130,350 a yearNew contract, December 2020: AED 105,000 a yearNew contract, February 2023: 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 A802 sits

All 13 3-beds →

A802 last sold in July 2022 at AED 776 per sqft, 8% below what three-beds in Golf Terrace A were fetching at the time (AED 844). 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 8th floor

All 75 units in Golf Terrace A
Value
A8013-bedAED 2.6M · Nov 2023
A8031-bedAED 920K · May 2024
A8041-bedAED 1.49M · Mar 2015
A8051-bedAED 785K · Jul 2023
A8061-bedAED 1.27M · Feb 2014
A8072-bedAED 2.19M · Jun 2014

A802, Golf Terrace A in numbers

  • Sold once: by DAMAC on 14 July 2022 for AED 2,119,000, or AED 776 per sqft.
  • Rented since August 2019 on 5 Ejari contracts, from AED 130,350 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 37,200 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 10 February 2023.

Questions about A802, Golf Terrace A

What did unit A802 last sell for?

AED 2,119,000 on 14 July 2022, sold by the developer: AED 776 per sqft for 2,728 sqft. It is the only registered sale of the unit.

What is the rent for unit A802?

AED 110,000 a year on the contract signed on 10 February 2023. The previous contract, from December 2020, was AED 105,000; the unit has been rented since August 2019.

How big is unit A802?

2,728 sqft (253.4 sqm): a three-bedroom apartment on the 8th floor of a 8-storey tower completed in 2016.

What is unit A802 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.

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Mortgage on A802, Golf Terrace A

Starts from the last sale price (AED 2.12M, 14 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,119,000
Deposit, UAE resident (20%)
AED 423,800
Deposit, non-resident (40%)
AED 847,600
Monthly over 25 years at 3.7%
AED 8,669

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