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2-bed · 1,479 sqftGolf Terrace B, Damac Hills · 7th floor · completed 2016

B708, Golf Terrace B

Sold prices and rental history: sold 4 times, last in May 2023, and rented once, from December 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B708 · DLD and Ejari recordsUpdated 18 May 2023
Last soldAED 1.32M18 May 2023
Current rentAED 115K /yr31 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B708, Golf Terrace B

What is B708 worth today?

Last sold for AED 1,320,000 in 2023

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18 May 2023SoldReady
AED 1,320,000AED 892 per sqft
11 May 2022SoldReady
AED 1,225,000AED 828 per sqft
28 May 2020SoldReady
AED 850,000AED 574 per sqft
31 Dec 2017RentedNew contract
AED 115,000/yr12 months · AED 78 per sqft
2 Mar 2014Sold by developerOff-plan
AED 2,171,700AED 1,468 per sqft

Source: Dubai Land Department. Updated 18 May 2023.

Key facts

Type
2-bed hotel apartment
Size
1,479 sqft
Floor
7th of 8
Parking
P1-134
Developer
DAMAC
Completed
2016
Service charge
AED 20,200 /yr
Last sold
AED 1.32M · May 2023
Building
Golf Terrace B

About B708, Golf Terrace B

B708 is a two-bedroom hotel apartment of 1,479 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 18 May 2023 for AED 1,320,000, or AED 892 per sqft, in line with the AED 914 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 December 2017. The current contract, signed on 31 December 2017, is AED 115,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for B708 over time

Sales
Unit B708, each saleTypical two-bed in Golf Terrace B
1M2M20142017202020232026Typical sale price by year: 2014 AED 2,189,750; 2022 AED 1,459,000; 2024 AED 1,750,000; 2025 AED 1,717,500Sold by developer, March 2014: AED 2,171,700 (AED 1,468 per sqft)Sold, May 2020: AED 850,000 (AED 574 per sqft)Sold, May 2022: AED 1,225,000 (AED 828 per sqft)Sold, May 2023: AED 1,320,000 (AED 892 per sqft)

B708 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit B708, each contractTypical two-bed in Golf Terrace B
100K150K2017202020232026Typical rent by year: 2018 AED 100,000; 2019 AED 90,000; 2020 AED 77,000; 2021 AED 80,000; 2022 AED 83,490; 2023 AED 91,375; 2024 AED 120,000; 2025 AED 140,000New contract, December 2017: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golf Terrace B, and where B708 sits

All 14 2-beds →

B708 last sold in May 2023 at AED 892 per sqft, in line with what two-beds in Golf Terrace B were fetching at the time (AED 914). Over the last 12 months two-beds sold for AED 2,450,000, around AED 1,287 per sqft, and rent for AED 125,000 to 150,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jul 20262,450,000
30 Oct 20251,735,000
14 Jul 20251,700,000
5 Mar 20251,650,000
1 2-bed sale 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
B7071-bedAED 1M · Dec 2024
1–7 of 8

B708, Golf Terrace B in numbers

  • Sold 4 times: first on 2 March 2014 for AED 2,171,700, last on 18 May 2023 for AED 1,320,000 (AED 892 per sqft).
  • Rented since December 2017 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 20,200 a year (AED 13.65 per sqft).
  • Two-beds in Golf Terrace B sold for AED 2,450,000–2,450,000 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 18 May 2023.

Questions about B708, Golf Terrace B

What did unit B708 last sell for?

AED 1,320,000 on 18 May 2023: AED 892 per sqft for 1,479 sqft. The unit has 4 registered sales; the first was AED 2,171,700 in March 2014.

What is the rent for unit B708?

AED 115,000 a year on the contract signed on 31 December 2017.

How big is unit B708?

1,479 sqft (137.4 sqm): a two-bedroom hotel apartment on the 7th floor of a 8-storey tower completed in 2016.

What is unit B708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Terrace B sold for AED 2,450,000 to 2,450,000 in the last 12 months, around AED 1,287 per sqft.

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Mortgage on B708, Golf Terrace B

Starts from the last sale price (AED 1.32M, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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