2-bed · 1,687 sqftGolf Terrace B, Damac Hills · 4th floor · completed 2016

B401, Golf Terrace B

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B401 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 2.1M15 November 2024
Current rentAED 100K /yr16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B401, Golf Terrace B

What is B401 worth today?

Last sold for AED 2,100,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Nov 2024SoldReady
AED 2,100,000AED 1,245 per sqft
16 Jan 2024RentedRenewal
AED 100,000/yr12 months · AED 59 per sqft
16 Dec 2022RentedRenewal
AED 90,000/yr13 months · AED 53 per sqft
30 Nov 2021RentedRenewal
AED 80,000/yr12 months · AED 47 per sqft
1 Nov 2020RentedNew contract
AED 77,000/yr13 months · AED 46 per sqft
11 Jul 2019RentedNew contract
AED 92,000/yr12 months · AED 54 per sqft
18 May 2014Sold by developerOff-plan
AED 2,831,000AED 1,678 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
2-bed hotel apartment
Size
1,687 sqft
Floor
4th of 8
Parking
P1-98
Developer
DAMAC
Completed
2016
Service charge
AED 23,000 /yr
Last sold
AED 2.1M · November 2024

About B401, Golf Terrace B

B401 is a two-bedroom hotel apartment of 1,687 sqft on the 4th floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 15 November 2024 for AED 2,100,000, or AED 1,245 per sqft, 6% above the AED 1,175 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 16 January 2024, is AED 100,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 23,000 a year.

Sales and rents for B401 over time

Sales
Unit B401, each saleTypical two-bed in Golf Terrace B
2M3M20142017202020232026Typical sale price by year: 2014 AED 2,189,750; 2022 AED 1,459,000; 2024 AED 1,750,000; 2025 AED 1,717,500Sold by developer, May 2014: AED 2,831,000 (AED 1,678 per sqft)Sold, November 2024: AED 2,100,000 (AED 1,245 per sqft)

B401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B401, each contractTypical two-bed in Golf Terrace B
100K150K20182020202220242026Typical rent by year: 2018 AED 100,000; 2019 AED 90,000; 2020 AED 77,000; 2021 AED 80,000; 2022 AED 83,490; 2023 AED 91,375; 2024 AED 120,000; 2025 AED 140,000New contract, July 2019: AED 92,000 a yearNew contract, November 2020: AED 77,000 a yearRenewal, November 2021: AED 80,000 a yearRenewal, December 2022: AED 90,000 a yearRenewal, January 2024: AED 100,000 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 B, and where B401 sits

All 14 2-beds →

B401 last sold in November 2024 at AED 1,245 per sqft, 6% above what two-beds in Golf Terrace B were fetching at the time (AED 1,175). Over the last 12 months two-beds sold for AED 2,450,000, around AED 1,287 per sqft, and rent for AED 125,000 to 150,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jul 20262,450,000
30 Oct 20251,735,000
14 Jul 20251,700,000
5 Mar 20251,650,000
1 2-bed sale in the last 12 months

Golf Terrace B

Building

75 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2016 by DAMAC. 6 sold in the last 12 months.

Typical price per sqft
AED 1,305
Typical sale
AED 1.18M
Typical rent
AED 75K /yr
Typical yield
7.0%
Golf Terrace B, Damac Hills: prices, sales and rents →

Other units on the 4th floor

All 75 units in Golf Terrace B
Value
B4023-bedAED 1.57M · May 2021
B4031-bedAED 1.42M · Dec 2017
B404StudioAED 1.03M · Oct 2016
B405StudioAED 1.12M · Dec 2015
B406StudioAED 1.06M · Mar 2014
B4071-bedAED 1.74M · Mar 2014
B4081-bedAED 1.26M · Dec 2024
1–7 of 11

B401, Golf Terrace B in numbers

  • Sold twice: first on 18 May 2014 for AED 2,831,000, last on 15 November 2024 for AED 2,100,000 (AED 1,245 per sqft).
  • Rented since July 2019 on 5 Ejari contracts. The rent fell from AED 92,000 to AED 77,000 in 2020 and recovered to AED 100,000 by January 2024.
  • At AED 100,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 23,000 a year (AED 13.65 per sqft).
  • Two-beds in Golf Terrace B sold for AED 2,450,000–2,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,305 per sqft.

Source: Dubai Land Department. Updated 15 November 2024.

Questions about B401, Golf Terrace B

What did unit B401 last sell for?

AED 2,100,000 on 15 November 2024: AED 1,245 per sqft for 1,687 sqft. The unit has 2 registered sales; the first was AED 2,831,000 in May 2014.

What is the rent for unit B401?

AED 100,000 a year on the contract renewed on 16 January 2024. The previous contract, from December 2022, was AED 90,000; the unit has been rented since July 2019.

How big is unit B401?

1,687 sqft (156.7 sqm): a two-bedroom hotel apartment on the 4th floor of a 8-storey tower completed in 2016.

What is unit B401 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 B sold for AED 2,450,000 to 2,450,000 in the last 12 months, around AED 1,287 per sqft.

Selling B401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B401, Golf Terrace B

Starts from the last sale price (AED 2.1M, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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