B507, Golf Terrace B
Sold prices and rental history: sold once, by the developer in February 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B507, Golf Terrace B
What is B507 worth today?
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Source: Dubai Land Department. Updated 10 August 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 842 sqft
- Floor
- 5th of 8
- Parking
- P1-118
- Developer
- DAMAC
- Completed
- 2016
- Service charge
- AED 11,500 /yr
- Last sold
- AED 1.53M · February 2015
- Building
- Golf Terrace B
About B507, Golf Terrace B
B507 is a one-bedroom hotel apartment of 842 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 17 February 2015 for AED 1,526,350, or AED 1,813 per sqft, 17% above the AED 1,546 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 70,000 a year: a gross yield of 4.6% on the 2015 price, before the service charge of about AED 11,500 a year.
Sales and rents for B507 over time
B507 has sold once; the dashed line is the one-bed median of each year in the building.
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 B507 sits
All 28 1-beds →B507 last sold in February 2015 at AED 1,813 per sqft, 17% above what one-beds in Golf Terrace B were fetching at the time (AED 1,546). 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. B507's AED 70,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 885 sqft | 1,100,000 | 1,242 | ||
| 25 Aug 202625 August 2026 | 842 sqft | 1,250,000 | 1,485 | ||
| 2 Jun 20252 June 2025 | 849 sqft | 1,100,000 | 1,295 | ||
| 25 Dec 202425 December 2024 | 884 sqft | 1,257,000 | 1,421 |
Golf Terrace B
Building75 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%
Other units on the 5th floor
All 75 units in Golf Terrace B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B501 | 3-bed | 2,085 sqft | AED 3.2MAED 3,203,000 · Oct 2017October 2017 | ||
| B502 | 3-bed | 1,969 sqft | AED 1.95MAED 1,950,000 · Oct 2023October 2023 | 110,000 /yr | |
| B503 | 1-bed | 777 sqft | AED 1.15MAED 1,150,000 · Dec 2024December 2024 | 65,000 /yr | |
| B504 | Studio | 496 sqft | AED 1MAED 1,002,250 · Mar 2014March 2014 | 40,000 /yr | |
| B505 | Studio | 462 sqft | AED 460KAED 460,000 · Feb 2023February 2023 | 36,383 /yr | |
| B506 | Studio | 520 sqft | AED 650KAED 650,000 · Aug 2026August 2026 | 62,000 /yr | |
| B508 | 1-bed | 885 sqft | AED 1.1MAED 1,104,000 · Nov 2019November 2019 | 95,000 /yr | |
| B509 | 1-bed | 849 sqft | AED 1.3MAED 1,296,750 · Mar 2014March 2014 | 70,000 /yr | |
| B510 | 1-bed | 1,009 sqft | AED 975KAED 975,000 · Jan 2018January 2018 | 85,000 /yr | |
| B511 | 2-bed | 1,508 sqft | AED 1.41MAED 1,410,000 · Jun 2022June 2022 | 125,000 /yr |
B507, Golf Terrace B in numbers
- Sold once: by DAMAC on 17 February 2015 for AED 1,526,350, or AED 1,813 per sqft.
- Rented since July 2018 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2021 and recovered to AED 70,000 by August 2024.
- At AED 70,000 a year the gross yield on the 2015 price is 4.6%, before a service charge of about AED 11,500 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 10 August 2024.
Questions about B507, Golf Terrace B
What did unit B507 last sell for?
AED 1,526,350 on 17 February 2015, sold by the developer: AED 1,813 per sqft for 842 sqft. It is the only registered sale of the unit.
What is the rent for unit B507?
AED 70,000 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 66,000; the unit has been rented since July 2018.
How big is unit B507?
842 sqft (78.2 sqm): a one-bedroom hotel apartment on the 5th floor of a 8-storey tower completed in 2016.
What is unit B507 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 B507, Golf Terrace B
Starts from the last sale price (AED 1.53M, 17 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,526,350
- Deposit, UAE resident (20%)
- AED 305,270
- Deposit, non-resident (40%)
- AED 610,540
- Monthly over 25 years at 3.7%
- AED 6,245
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →