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1-bed · 849 sqftGolf Terrace B, Damac Hills · 7th floor · completed 2016

B707, Golf Terrace B

Sold prices and rental history: sold twice, last in December 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B707 · DLD and Ejari recordsUpdated 4 December 2024
Last soldAED 1M4 December 2024
Current rentAED 55K /yr10 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B707, Golf Terrace B

What is B707 worth today?

Last sold for AED 1,000,000 in 2024

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4 Dec 2024SoldReady
AED 1,000,000AED 1,178 per sqft
10 Oct 2022RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
23 Jul 2020RentedNew contract
AED 51,000/yr12 months · AED 60 per sqft
23 Jun 2014Sold by developerOff-plan
AED 1,311,950AED 1,546 per sqft

Source: Dubai Land Department. Updated 4 December 2024.

Key facts

Type
1-bed hotel apartment
Size
849 sqft
Floor
7th of 8
Parking
P1-133
Developer
DAMAC
Completed
2016
Service charge
AED 11,600 /yr
Last sold
AED 1M · December 2024
Building
Golf Terrace B

About B707, Golf Terrace B

B707 is a one-bedroom hotel apartment of 849 sqft on the 7th floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 4 December 2024 for AED 1,000,000, or AED 1,178 per sqft, in line with the AED 1,165 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 10 October 2022, is AED 55,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for B707 over time

Sales
Unit B707, each saleTypical one-bed in Golf Terrace B
1M1.25M1.5M2014201720202023Typical 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, June 2014: AED 1,311,950 (AED 1,546 per sqft)Sold, December 2024: AED 1,000,000 (AED 1,178 per sqft)

B707 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B707, each contractTypical one-bed in Golf Terrace B
60K80K2018202120242027Typical 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, July 2020: AED 51,000 a yearNew contract, October 2022: AED 55,000 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 B707 sits

All 28 1-beds →

B707 last sold in December 2024 at AED 1,178 per sqft, in line with what one-beds in Golf Terrace B were fetching at the time (AED 1,165). 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. B707's AED 55,000 is in the lower half 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 7th floor

All 75 units in Golf Terrace B
Value
B7013-bedAED 1.78M · Jun 2021
B7023-bedAED 2.7M · Feb 2026
B703StudioAED 1.04M · Dec 2014
B7042-bedAED 1.73M · Jul 2024
B7051-bedAED 1.24M · Oct 2022
B7061-bedAED 1.17M · Oct 2024
B7082-bedAED 1.32M · May 2023
1–7 of 8

B707, Golf Terrace B in numbers

  • Sold twice: first on 23 June 2014 for AED 1,311,950, last on 4 December 2024 for AED 1,000,000 (AED 1,178 per sqft).
  • Rented since July 2020 on 2 Ejari contracts, from AED 51,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 11,600 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 4 December 2024.

Questions about B707, Golf Terrace B

What did unit B707 last sell for?

AED 1,000,000 on 4 December 2024: AED 1,178 per sqft for 849 sqft. The unit has 2 registered sales; the first was AED 1,311,950 in June 2014.

What is the rent for unit B707?

AED 55,000 a year on the contract signed on 10 October 2022. The previous contract, from July 2020, was AED 51,000.

How big is unit B707?

849 sqft (78.9 sqm): a one-bedroom hotel apartment on the 7th floor of a 8-storey tower completed in 2016.

What is unit B707 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 B707, Golf Terrace B

Starts from the last sale price (AED 1M, 4 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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