Studio · 445 sqftGolf Terrace B, Damac Hills · 6th floor · completed 2016

B603, Golf Terrace B

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B603 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 460K6 July 2023
Current rentAED 40K /yr14 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B603, Golf Terrace B

What is B603 worth today?

Last sold for AED 460,000 in 2023

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14 Dec 2023RentedNew contract
AED 40,000/yr24 months · AED 91 per sqft
6 Jul 2023SoldReady
AED 460,000AED 1,033 per sqft
14 Dec 2022RentedRenewal
AED 34,650/yr12 months · AED 78 per sqft
14 Dec 2021RentedRenewal
AED 33,000/yr12 months · AED 74 per sqft
14 Dec 2020RentedNew contract
AED 30,000/yr12 months · AED 67 per sqft
29 Oct 2019RentedRenewal
AED 51,000/yr9 months · AED 115 per sqft
29 Jul 2019RentedNew contract
AED 51,000/yr3 months · AED 115 per sqft
14 Dec 2018RentedRenewal
AED 53,000/yr3 months · AED 119 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
Studio hotel apartment
Size
445 sqft
Floor
6th of 8
Parking
P1-123
Developer
DAMAC
Completed
2016
Service charge
AED 6,100 /yr
Last sold
AED 460K · July 2023

About B603, Golf Terrace B

B603 is a studio of 445 sqft on the 6th floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 6 July 2023 for AED 460,000, or AED 1,033 per sqft, in line with the AED 1,035 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 14 December 2023, is AED 40,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 6,100 a year.

Sales and rents for B603 over time

Sales
Unit B603, each saleTypical studio in Golf Terrace B
500K1M2014201720202023Typical 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 1,044,050 (AED 2,345 per sqft)Sold, July 2023: AED 460,000 (AED 1,033 per sqft)

B603 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B603, each contractTypical studio in Golf Terrace B
40K2017202020232026Typical 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 53,000 a yearRenewal, December 2018: AED 53,000 a yearNew contract, July 2019: AED 51,000 a yearRenewal, October 2019: AED 51,000 a yearNew contract, December 2020: AED 30,000 a yearRenewal, December 2021: AED 33,000 a yearRenewal, December 2022: AED 34,650 a yearNew contract, December 2023: 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 B603 sits

All 20 studios →

B603 last sold in July 2023 at AED 1,033 per sqft, in line with what studios in Golf Terrace B were fetching at the time (AED 1,035). 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. B603'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 6th floor

All 75 units in Golf Terrace B
Value
B6013-bedAED 2.42M · Dec 2024
B6023-bedAED 3.23M · Jun 2025
B6042-bedAED 1.75M · Jul 2024
B6051-bedAED 600K · Sep 2020
B6061-bedAED 1.91M · Mar 2014
B6071-bedAED 1.31M · Mar 2014
B6082-bedAED 2.15M · May 2014
1–7 of 8

B603, Golf Terrace B in numbers

  • Sold twice: first on 24 March 2014 for AED 1,044,050, last on 6 July 2023 for AED 460,000 (AED 1,033 per sqft).
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 30,000 in 2020 and recovered to AED 40,000 by December 2023.
  • At AED 40,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 6,100 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 14 December 2023.

Questions about B603, Golf Terrace B

What did unit B603 last sell for?

AED 460,000 on 6 July 2023: AED 1,033 per sqft for 445 sqft. The unit has 2 registered sales; the first was AED 1,044,050 in March 2014.

What is the rent for unit B603?

AED 40,000 a year on the contract signed on 14 December 2023. The previous contract, from December 2022, was AED 34,650; the unit has been rented since December 2017.

How big is unit B603?

445 sqft (41.3 sqm): a studio on the 6th floor of a 8-storey tower completed in 2016.

What is unit B603 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 B603, Golf Terrace B

Starts from the last sale price (AED 460K, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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