1-bed · 885 sqftGolf Terrace B, Damac Hills · 5th floor · completed 2016

B508, Golf Terrace B

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B508 · DLD and Ejari recordsUpdated 8 June 2025
Last soldAED 1.1M14 November 2019
Current rentAED 95K /yr8 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B508, Golf Terrace B

What is B508 worth today?

Last sold for AED 1,104,000 in 2019

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8 Jun 2025RentedRenewal
AED 95,000/yr12 months · AED 108 per sqft
8 Jun 2025RentedRenewal
AED 95,000/yr12 months · AED 108 per sqft
8 Jun 2024RentedNew contract
AED 95,000/yr12 months · AED 108 per sqft
14 Nov 2019Sold by developerReady
AED 1,104,000AED 1,246 per sqft
29 Sep 2018RentedNew contract
AED 100,261/yr6 months · AED 113 per sqft

Source: Dubai Land Department. Updated 8 June 2025.

Key facts

Type
1-bed hotel apartment
Size
885 sqft
Floor
5th of 8
Parking
nan
Developer
DAMAC
Completed
2016
Service charge
AED 12,100 /yr
Last sold
AED 1.1M · November 2019

About B508, Golf Terrace B

B508 is a one-bedroom hotel apartment of 885 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 14 November 2019 for AED 1,104,000, or AED 1,246 per sqft, 40% above the AED 890 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 8 June 2025, is AED 95,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 12,100 a year.

Sales and rents for B508 over time

Sales
Unit B508, each saleTypical one-bed in Golf Terrace B
1M1.2M1.4M2014201720202023Typical 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, November 2019: AED 1,104,000 (AED 1,246 per sqft)

B508 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B508, each contractTypical one-bed in Golf Terrace B
50K75K100K2018202120242027Typical 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, September 2018: AED 100,261 a yearNew contract, June 2024: AED 95,000 a yearRenewal, June 2025: AED 95,000 a yearRenewal, June 2025: AED 95,000 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 B508 sits

All 28 1-beds →

B508 last sold in November 2019 at AED 1,246 per sqft, 40% above what one-beds in Golf Terrace B were fetching at the time (AED 890). 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. B508's AED 95,000 is at the top 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 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
B504StudioAED 1M · Mar 2014
B505StudioAED 460K · Feb 2023
B506StudioAED 650K · Aug 2026
B5071-bedAED 1.53M · Feb 2015
1–7 of 10

B508, Golf Terrace B in numbers

  • Sold once: by DAMAC on 14 November 2019 for AED 1,104,000, or AED 1,246 per sqft.
  • Rented since September 2018 on 4 Ejari contracts, from AED 100,261 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 12,100 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 8 June 2025.

Questions about B508, Golf Terrace B

What did unit B508 last sell for?

AED 1,104,000 on 14 November 2019, sold by the developer: AED 1,246 per sqft for 885 sqft. It is the only registered sale of the unit.

What is the rent for unit B508?

AED 95,000 a year on the contract renewed on 8 June 2025. The previous contract, from June 2025, was AED 95,000; the unit has been rented since September 2018.

How big is unit B508?

885 sqft (82.2 sqm): a one-bedroom hotel apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit B508 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 B508, Golf Terrace B

Starts from the last sale price (AED 1.1M, 14 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,104,000
Deposit, UAE resident (20%)
AED 220,800
Deposit, non-resident (40%)
AED 441,600
Monthly over 25 years at 3.7%
AED 4,517

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