3-bed · 1,969 sqftGolf Terrace B, Damac Hills · 5th floor · completed 2016

B502, Golf Terrace B

Sold prices and rental history: sold twice, last in October 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B502 · DLD and Ejari recordsUpdated 27 October 2023
Last soldAED 1.95M27 October 2023
Current rentAED 110K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B502, Golf Terrace B

What is B502 worth today?

Last sold for AED 1,950,000 in 2023

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27 Oct 2023SoldReady
AED 1,950,000AED 990 per sqft
13 Sep 2021Sold by developerReady
AED 1,813,980AED 921 per sqft
1 Feb 2021RentedNew contract
AED 110,000/yr13 months · AED 56 per sqft
1 Sep 2020RentedNew contract
AED 120,000/yr13 months · AED 61 per sqft
15 Jun 2019RentedNew contract
AED 129,000/yr13 months · AED 66 per sqft

Source: Dubai Land Department. Updated 27 October 2023.

Key facts

Type
3-bed apartment
Size
1,969 sqft
Floor
5th of 8
Parking
P1-112A, P1-112B
Developer
DAMAC
Completed
2016
Service charge
AED 26,900 /yr
Last sold
AED 1.95M · October 2023

About B502, Golf Terrace B

B502 is a three-bedroom apartment of 1,969 sqft on the 5th floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 27 October 2023 for AED 1,950,000, or AED 990 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 February 2021, is AED 110,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 26,900 a year.

Sales and rents for B502 over time

Sales
Unit B502, each saleTypical three-bed in Golf Terrace B
1.8M2M2021202220232024Typical sale price by year: 2021 AED 1,813,980; 2022 AED 2,061,420Sold by developer, September 2021: AED 1,813,980 (AED 921 per sqft)Sold, October 2023: AED 1,950,000 (AED 990 per sqft)

B502 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit B502, each contractTypical three-bed in Golf Terrace B
100K150K200K20192021202320252027Typical 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 170,000New contract, June 2019: AED 129,000 a yearNew contract, September 2020: AED 120,000 a yearNew contract, February 2021: AED 110,000 a year

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 B502 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. B502's AED 110,000 is at the bottom of that range.

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
B5013-bedAED 3.2M · Oct 2017
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

B502, Golf Terrace B in numbers

  • Sold twice: first on 13 September 2021 for AED 1,813,980, last on 27 October 2023 for AED 1,950,000 (AED 990 per sqft).
  • Rented since June 2019 on 3 Ejari contracts, from AED 129,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 26,900 a year (AED 13.65 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 27 October 2023.

Questions about B502, Golf Terrace B

What did unit B502 last sell for?

AED 1,950,000 on 27 October 2023: AED 990 per sqft for 1,969 sqft. The unit has 2 registered sales; the first was AED 1,813,980 in September 2021.

What is the rent for unit B502?

AED 110,000 a year on the contract signed on 1 February 2021. The previous contract, from September 2020, was AED 120,000; the unit has been rented since June 2019.

How big is unit B502?

1,969 sqft (182.9 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit B502 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 B502, Golf Terrace B

Starts from the last sale price (AED 1.95M, 27 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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