2-bed · 1,869 sqftGolf Terrace A, Damac Hills · Ground floor · completed 2016

G+P 04, Golf Terrace A

Sold prices and rental history: sold twice, last in January 2023, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G+P 04 · DLD and Ejari recordsUpdated 9 January 2023
Last soldAED 2.08M9 January 2023
Current rentAED 123K /yr13 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G+P 04, Golf Terrace A

What is G+P 04 worth today?

Last sold for AED 2,080,000 in 2023

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9 Jan 2023SoldReady
AED 2,080,000AED 1,112 per sqft
18 Nov 2019Sold by developerReady
AED 1,976,250AED 1,057 per sqft
13 Nov 2019RentedNew contract
AED 123,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 9 January 2023.

Key facts

Type
2-bed apartment
Size
1,869 sqft
Floor
Ground of 8
Parking
B-21A, B-21B
Developer
DAMAC
Completed
2016
Service charge
AED 25,500 /yr
Last sold
AED 2.08M · January 2023

About G+P 04, Golf Terrace A

G+P 04 is a two-bedroom apartment of 1,869 sqft on the ground floor of Golf Terrace A, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 9 January 2023 for AED 2,080,000, or AED 1,112 per sqft, 20% above the AED 930 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 November 2019. The current contract, signed on 13 November 2019, is AED 123,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 25,500 a year.

Sales and rents for G+P 04 over time

Sales
Unit G+P 04, 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, November 2019: AED 1,976,250 (AED 1,057 per sqft)Sold, January 2023: AED 2,080,000 (AED 1,112 per sqft)

G+P 04 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G+P 04, 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, November 2019: AED 123,000 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 G+P 04 sits

All 14 2-beds →

G+P 04 last sold in January 2023 at AED 1,112 per sqft, 20% above what two-beds in Golf Terrace A were fetching at the time (AED 930). 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. G+P 04's AED 123,000 is in the lower half 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 ground floor

All 75 units in Golf Terrace A
Value
G+P 013-bedAED 3.95M · Feb 2025
G+P 023-bedAED 3.44M · Apr 2025
G+P 032-bedAED 1.74M · Aug 2021

G+P 04, Golf Terrace A in numbers

  • Sold twice: first on 18 November 2019 for AED 1,976,250, last on 9 January 2023 for AED 2,080,000 (AED 1,112 per sqft).
  • Rented since November 2019 on one Ejari contract, at AED 123,000 a year.
  • At AED 123,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 25,500 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 9 January 2023.

Questions about G+P 04, Golf Terrace A

What did unit G+P 04 last sell for?

AED 2,080,000 on 9 January 2023: AED 1,112 per sqft for 1,869 sqft. The unit has 2 registered sales; the first was AED 1,976,250 in November 2019.

What is the rent for unit G+P 04?

AED 123,000 a year on the contract signed on 13 November 2019.

How big is unit G+P 04?

1,869 sqft (173.6 sqm): a two-bedroom apartment on the ground floor of a 8-storey tower completed in 2016.

What is unit G+P 04 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 G+P 04, Golf Terrace A

Starts from the last sale price (AED 2.08M, 9 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,080,000
Deposit, UAE resident (20%)
AED 416,000
Deposit, non-resident (40%)
AED 832,000
Monthly over 25 years at 3.7%
AED 8,510

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