3-bed · 2,085 sqftGolf Terrace B, Damac Hills · 5th floor · completed 2016

B501, Golf Terrace B

Sold prices and rental history: sold once, by the developer in October 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B501 · DLD and Ejari recordsUpdated 29 October 2017
Last soldAED 3.2M29 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B501, Golf Terrace B

What is B501 worth today?

Last sold for AED 3,203,000 in 2017

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29 Oct 2017Sold by developerReady
AED 3,203,000AED 1,536 per sqft

Source: Dubai Land Department. Updated 29 October 2017.

Key facts

Type
3-bed hotel apartment
Size
2,085 sqft
Floor
5th of 8
Parking
P1-111A, P1-111B
Developer
DAMAC
Completed
2016
Service charge
AED 28,500 /yr
Last sold
AED 3.2M · October 2017

About B501, Golf Terrace B

B501 is a three-bedroom hotel apartment of 2,085 sqft on the 5th floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. The developer sold it on 29 October 2017 for AED 3,203,000, or AED 1,536 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for B501 over time

Sales
Unit B501, each saleTypical three-bed in Golf Terrace B
2M3M2017201920212023Typical sale price by year: 2021 AED 1,813,980; 2022 AED 2,061,420Sold by developer, October 2017: AED 3,203,000 (AED 1,536 per sqft)

B501 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit B501, each contractTypical three-bed in Golf Terrace B
150K200K20192021202320252027Typical rent by year: 2019 AED 129,000; 2021 AED 119,683; 2022 AED 160,000; 2024 AED 198,120; 2025 AED 195,000; 2026 AED 170,000

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

3-beds in Golf Terrace B, and where B501 sits

All 13 3-beds →

Over the last 12 months three-beds sold for AED 2,703,600, around AED 1,323 per sqft, and rent for AED 160,000 to 200,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Feb 20262,703,600
9 Jun 20253,225,000
17 Dec 20242,423,000
5 Mar 20243,320,640
1 3-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 5th floor

All 75 units in Golf Terrace B
Value
B5023-bedAED 1.95M · Oct 2023
B5031-bedAED 1.15M · Dec 2024
B504StudioAED 1M · Mar 2014
B505StudioAED 460K · Feb 2023
B506StudioAED 650K · Aug 2026
B5071-bedAED 1.53M · Feb 2015
B5081-bedAED 1.1M · Nov 2019
1–7 of 10

B501, Golf Terrace B in numbers

  • Sold once: by DAMAC on 29 October 2017 for AED 3,203,000, or AED 1,536 per sqft.
  • Three-beds in Golf Terrace B sold for AED 2,703,600–2,703,600 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 29 October 2017.

Questions about B501, Golf Terrace B

What did unit B501 last sell for?

AED 3,203,000 on 29 October 2017, sold by the developer: AED 1,536 per sqft for 2,085 sqft. It is the only registered sale of the unit.

How big is unit B501?

2,085 sqft (193.7 sqm): a three-bedroom hotel apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit B501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golf Terrace B sold for AED 2,703,600 to 2,703,600 in the last 12 months, around AED 1,323 per sqft.

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Mortgage on B501, Golf Terrace B

Starts from the last sale price (AED 3.2M, 29 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,203,000
Deposit, UAE resident (20%)
AED 640,600
Deposit, non-resident (40%)
AED 1,281,200
Monthly over 25 years at 3.7%
AED 13,104

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