Studio · 486 sqftGolf Terrace B, Damac Hills · 4th floor · completed 2016

B405, Golf Terrace B

Sold prices and rental history: sold twice, last in December 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B405 · DLD and Ejari recordsUpdated 5 February 2024
Last soldAED 1.12M27 December 2015
Current rentAED 54K /yr5 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B405, Golf Terrace B

What is B405 worth today?

Last sold for AED 1,118,150 in 2015

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5 Feb 2024RentedRenewal
AED 54,000/yr12 months · AED 111 per sqft
5 Feb 2023RentedNew contract
AED 39,500/yr12 months · AED 82 per sqft
1 Feb 2022RentedRenewal
AED 34,000/yr12 months · AED 70 per sqft
1 Feb 2021RentedNew contract
AED 32,000/yr12 months · AED 66 per sqft
11 Jan 2018RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
27 Dec 2015SoldOff-plan
AED 1,118,150AED 2,301 per sqft
18 May 2014Sold by developerOff-plan
AED 1,118,150AED 2,301 per sqft

Source: Dubai Land Department. Updated 5 February 2024.

Key facts

Type
Studio hotel apartment
Size
486 sqft
Floor
4th of 8
Parking
P1-101
Developer
DAMAC
Completed
2016
Service charge
AED 6,600 /yr
Last sold
AED 1.12M · December 2015

About B405, Golf Terrace B

B405 is a studio of 486 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 27 December 2015 for AED 1,118,150, or AED 2,301 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 5 February 2024, is AED 54,000 a year: a gross yield of 4.8% on the 2015 price, before the service charge of about AED 6,600 a year.

Sales and rents for B405 over time

Sales
Unit B405, each saleTypical studio in Golf Terrace B
500K1M2014201720202023Typical sale price by year: 2014 AED 1,044,050; 2016 AED 1,032,238; 2023 AED 500,000; 2024 AED 585,000Sold by developer, May 2014: AED 1,118,150 (AED 2,301 per sqft)Sold, December 2015: AED 1,118,150 (AED 2,301 per sqft)

B405 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B405, each contractTypical studio in Golf Terrace B
40K2017202020232026Typical rent by year: 2017 AED 48,000; 2018 AED 46,500; 2019 AED 42,000; 2020 AED 33,500; 2021 AED 34,125; 2022 AED 35,500; 2023 AED 40,000; 2024 AED 50,000; 2025 AED 50,000; 2026 AED 54,600New contract, January 2018: AED 50,000 a yearNew contract, February 2021: AED 32,000 a yearRenewal, February 2022: AED 34,000 a yearNew contract, February 2023: AED 39,500 a yearRenewal, February 2024: AED 54,000 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 B, and where B405 sits

All 20 studios →

Over the last 12 months studios sold for AED 630,000 to 650,000, around AED 1,367 per sqft, and rent for AED 44,000 to 65,000 a year. B405's AED 54,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Aug 2026650,000
16 Mar 2026630,000
8 Aug 2024585,000
31 May 2024830,000
2 studio sales 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
B4012-bedAED 2.1M · Nov 2024
B4023-bedAED 1.57M · May 2021
B4031-bedAED 1.42M · Dec 2017
B404StudioAED 1.03M · Oct 2016
B406StudioAED 1.06M · Mar 2014
B4071-bedAED 1.74M · Mar 2014
B4081-bedAED 1.26M · Dec 2024
1–7 of 11

B405, Golf Terrace B in numbers

  • Sold twice: first on 18 May 2014 for AED 1,118,150, last on 27 December 2015 for AED 1,118,150 (AED 2,301 per sqft).
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2021 and recovered to AED 54,000 by February 2024.
  • At AED 54,000 a year the gross yield on the 2015 price is 4.8%, before a service charge of about AED 6,600 a year (AED 13.65 per sqft).
  • Studios in Golf Terrace B sold for AED 630,000–650,000 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 5 February 2024.

Questions about B405, Golf Terrace B

What did unit B405 last sell for?

AED 1,118,150 on 27 December 2015: AED 2,301 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 1,118,150 in May 2014.

What is the rent for unit B405?

AED 54,000 a year on the contract renewed on 5 February 2024. The previous contract, from February 2023, was AED 39,500; the unit has been rented since January 2018.

How big is unit B405?

486 sqft (45.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2016.

What is unit B405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Terrace B sold for AED 630,000 to 650,000 in the last 12 months, around AED 1,367 per sqft.

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Mortgage on B405, Golf Terrace B

Starts from the last sale price (AED 1.12M, 27 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,118,150
Deposit, UAE resident (20%)
AED 223,630
Deposit, non-resident (40%)
AED 447,260
Monthly over 25 years at 3.7%
AED 4,575

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