1-bed · 850 sqftGolf Terrace B, Damac Hills · 4th floor · completed 2016

B409, Golf Terrace B

Sold prices and rental history: sold twice, last in October 2019, and rented once, from October 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B409 · DLD and Ejari recordsUpdated 24 October 2019
Last soldAED 750K24 October 2019
Current rentAED 65K /yr1 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B409, Golf Terrace B

What is B409 worth today?

Last sold for AED 750,000 in 2019

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24 Oct 2019SoldReady
AED 750,000AED 882 per sqft
1 Oct 2018RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
28 Dec 2014Sold by developerOff-plan
AED 1,298,650AED 1,527 per sqft

Source: Dubai Land Department. Updated 24 October 2019.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
4th of 8
Parking
P1-105
Developer
DAMAC
Completed
2016
Service charge
AED 11,600 /yr
Last sold
AED 750K · October 2019

About B409, Golf Terrace B

B409 is a one-bedroom apartment of 850 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 24 October 2019 for AED 750,000, or AED 882 per sqft.

One Ejari contract is registered, from 1 October 2018. The current contract, signed on 1 October 2018, is AED 65,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 11,600 a year.

Sales and rents for B409 over time

Sales
Unit B409, each saleTypical one-bed in Golf Terrace B
1M1.5M2014201720202023Typical sale price by year: 2014 AED 1,470,600; 2018 AED 1,307,000; 2022 AED 1,055,000; 2024 AED 1,075,000Sold by developer, December 2014: AED 1,298,650 (AED 1,527 per sqft)Sold, October 2019: AED 750,000 (AED 882 per sqft)

B409 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B409, each contractTypical one-bed in Golf Terrace B
60K80K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 62,500; 2020 AED 52,000; 2021 AED 55,000; 2022 AED 58,000; 2023 AED 63,000; 2024 AED 71,615; 2025 AED 80,000; 2026 AED 75,000New contract, October 2018: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Golf Terrace B, and where B409 sits

All 28 1-beds →

Over the last 12 months one-beds sold for AED 1,100,000 to 1,250,000, around AED 1,364 per sqft, and rent for AED 32,400 to 95,000 a year. B409's AED 65,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 20261,100,000
25 Aug 20261,250,000
2 Jun 20251,100,000
25 Dec 20241,257,000
2 1-bed 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
B406StudioAED 1.06M · Mar 2014
B4071-bedAED 1.74M · Mar 2014
1–7 of 11

B409, Golf Terrace B in numbers

  • Sold twice: first on 28 December 2014 for AED 1,298,650, last on 24 October 2019 for AED 750,000 (AED 882 per sqft).
  • Rented since October 2018 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2019 price is 8.7%, before a service charge of about AED 11,600 a year (AED 13.65 per sqft).
  • One-beds in Golf Terrace B sold for AED 1,100,000–1,250,000 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 24 October 2019.

Questions about B409, Golf Terrace B

What did unit B409 last sell for?

AED 750,000 on 24 October 2019: AED 882 per sqft for 850 sqft. The unit has 2 registered sales; the first was AED 1,298,650 in December 2014.

What is the rent for unit B409?

AED 65,000 a year on the contract signed on 1 October 2018.

How big is unit B409?

850 sqft (79.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2016.

What is unit B409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Terrace B sold for AED 1,100,000 to 1,250,000 in the last 12 months, around AED 1,364 per sqft.

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Mortgage on B409, Golf Terrace B

Starts from the last sale price (AED 750K, 24 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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