Studio · 522 sqftGolf Terrace B, Damac Hills · 4th floor · completed 2016

B406, Golf Terrace B

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B406 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.06M2 March 2014
Current rentAED 50K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B406, Golf Terrace B

What is B406 worth today?

Last sold for AED 1,060,000 in 2014

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1 Oct 2024RentedRenewal
AED 50,000/yr12 months · AED 97 per sqft
1 Oct 2023RentedRenewal
AED 39,000/yr12 months · AED 75 per sqft
1 Oct 2022RentedRenewal
AED 36,750/yr12 months · AED 71 per sqft
1 Oct 2021RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft
1 Jun 2019RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
2 Mar 2014Sold by developerOff-plan
AED 1,060,000AED 2,031 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio hotel apartment
Size
522 sqft
Floor
4th of 8
Parking
P1-102
Developer
DAMAC
Completed
2016
Service charge
AED 7,100 /yr
Last sold
AED 1.06M · March 2014

About B406, Golf Terrace B

B406 is a studio of 522 sqft on the 4th floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. The developer sold it on 2 March 2014 for AED 1,060,000, or AED 2,031 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 50,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 7,100 a year.

Sales and rents for B406 over time

Sales
Unit B406, 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, March 2014: AED 1,060,000 (AED 2,031 per sqft)

B406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B406, each contractTypical studio in Golf Terrace B
30K40K50K2017202020232026Typical 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, June 2019: AED 45,000 a yearNew contract, October 2021: AED 35,000 a yearRenewal, October 2022: AED 36,750 a yearRenewal, October 2023: AED 39,000 a yearRenewal, October 2024: AED 50,000 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 B406 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. B406's AED 50,000 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
B405StudioAED 1.12M · Dec 2015
B4071-bedAED 1.74M · Mar 2014
B4081-bedAED 1.26M · Dec 2024
1–7 of 11

B406, Golf Terrace B in numbers

  • Sold once: by DAMAC on 2 March 2014 for AED 1,060,000, or AED 2,031 per sqft.
  • Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 35,000 in 2021 and recovered to AED 50,000 by October 2024.
  • At AED 50,000 a year the gross yield on the 2014 price is 4.7%, before a service charge of about AED 7,100 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 1 October 2024.

Questions about B406, Golf Terrace B

What did unit B406 last sell for?

AED 1,060,000 on 2 March 2014, sold by the developer: AED 2,031 per sqft for 522 sqft. It is the only registered sale of the unit.

What is the rent for unit B406?

AED 50,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 39,000; the unit has been rented since June 2019.

How big is unit B406?

522 sqft (48.5 sqm): a studio on the 4th floor of a 8-storey tower completed in 2016.

What is unit B406 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 B406, Golf Terrace B

Starts from the last sale price (AED 1.06M, 2 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,000
Deposit, UAE resident (20%)
AED 212,000
Deposit, non-resident (40%)
AED 424,000
Monthly over 25 years at 3.7%
AED 4,337

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