Studio · 496 sqftGolf Terrace B, Damac Hills · 5th floor · completed 2016

B504, Golf Terrace B

Sold prices and rental history: sold once, by the developer in March 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B504 · DLD and Ejari recordsUpdated 12 December 2019
Last soldAED 1M13 March 2014
Current rentAED 40K /yr12 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B504, Golf Terrace B

What is B504 worth today?

Last sold for AED 1,002,250 in 2014

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12 Dec 2019RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
10 Dec 2018RentedRenewal
AED 46,000/yr12 months · AED 93 per sqft
10 Dec 2017RentedNew contract
AED 48,000/yr12 months · AED 97 per sqft
13 Mar 2014Sold by developerOff-plan
AED 1,002,250AED 2,021 per sqft

Source: Dubai Land Department. Updated 12 December 2019.

Key facts

Type
Studio hotel apartment
Size
496 sqft
Floor
5th of 8
Parking
P1-115
Developer
DAMAC
Completed
2016
Service charge
AED 6,800 /yr
Last sold
AED 1M · March 2014

About B504, Golf Terrace B

B504 is a studio of 496 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 13 March 2014 for AED 1,002,250, or AED 2,021 per sqft, in line with the AED 2,026 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 12 December 2019, is AED 40,000 a year: a gross yield of 4.0% on the 2014 price, before the service charge of about AED 6,800 a year.

Sales and rents for B504 over time

Sales
Unit B504, each saleTypical studio in Golf Terrace B
500K750K1M2014201720202023Typical 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 1,002,250 (AED 2,021 per sqft)

B504 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B504, 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, December 2017: AED 48,000 a yearRenewal, December 2018: AED 46,000 a yearNew contract, December 2019: AED 40,000 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 B504 sits

All 20 studios →

B504 last sold in March 2014 at AED 2,021 per sqft, in line with what studios in Golf Terrace B were fetching at the time (AED 2,026). 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. B504's AED 40,000 is at the bottom 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 5th floor

All 75 units in Golf Terrace B
Value
B5013-bedAED 3.2M · Oct 2017
B5023-bedAED 1.95M · Oct 2023
B5031-bedAED 1.15M · Dec 2024
B505StudioAED 460K · Feb 2023
B506StudioAED 650K · Aug 2026
B5071-bedAED 1.53M · Feb 2015
B5081-bedAED 1.1M · Nov 2019
1–7 of 10

B504, Golf Terrace B in numbers

  • Sold once: by DAMAC on 13 March 2014 for AED 1,002,250, or AED 2,021 per sqft.
  • Rented since December 2017 on 3 Ejari contracts, from AED 48,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 4.0%, before a service charge of about AED 6,800 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 12 December 2019.

Questions about B504, Golf Terrace B

What did unit B504 last sell for?

AED 1,002,250 on 13 March 2014, sold by the developer: AED 2,021 per sqft for 496 sqft. It is the only registered sale of the unit.

What is the rent for unit B504?

AED 40,000 a year on the contract signed on 12 December 2019. The previous contract, from December 2018, was AED 46,000; the unit has been rented since December 2017.

How big is unit B504?

496 sqft (46.1 sqm): a studio on the 5th floor of a 8-storey tower completed in 2016.

What is unit B504 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 B504, Golf Terrace B

Starts from the last sale price (AED 1M, 13 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,002,250
Deposit, UAE resident (20%)
AED 200,450
Deposit, non-resident (40%)
AED 400,900
Monthly over 25 years at 3.7%
AED 4,101

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