3-bed · 2,361 sqftGolf Terrace B, Damac Hills · Ground floor · completed 2016

G+P 08, Golf Terrace B

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

Unit G+P 08 · DLD and Ejari recordsUpdated 12 December 2019
Last soldAED 2.55M18 November 2019
Current rentAED 156K /yr12 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G+P 08, Golf Terrace B

What is G+P 08 worth today?

Last sold for AED 2,550,000 in 2019

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12 Dec 2019RentedNew contract
AED 156,000/yr12 months · AED 66 per sqft
18 Nov 2019Sold by developerReady
AED 2,550,000AED 1,079 per sqft

Source: Dubai Land Department. Updated 12 December 2019.

Key facts

Type
3-bed apartment
Size
2,361 sqft
Floor
Ground of 8
Parking
G-80A, G-80B
Developer
DAMAC
Completed
2016
Service charge
AED 32,200 /yr
Last sold
AED 2.55M · November 2019

About G+P 08, Golf Terrace B

G+P 08 is a three-bedroom apartment of 2,361 sqft on the ground floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. The developer sold it on 18 November 2019 for AED 2,550,000, or AED 1,079 per sqft.

One Ejari contract is registered, from 12 December 2019. The current contract, signed on 12 December 2019, is AED 156,000 a year: a gross yield of 6.1% on the 2019 price, before the service charge of about AED 32,200 a year.

Sales and rents for G+P 08 over time

Sales
Unit G+P 08, each saleTypical three-bed in Golf Terrace B
2M2.5M20192020202120222023Typical sale price by year: 2021 AED 1,813,980; 2022 AED 2,061,420Sold by developer, November 2019: AED 2,550,000 (AED 1,079 per sqft)

G+P 08 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit G+P 08, each contractTypical three-bed in Golf Terrace B
150K200K20192021202320252027Typical rent by year: 2019 AED 129,000; 2021 AED 119,683; 2022 AED 160,000; 2024 AED 198,120; 2025 AED 195,000; 2026 AED 170,000New contract, December 2019: AED 156,000 a year

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

3-beds in Golf Terrace B, and where G+P 08 sits

All 13 3-beds →

Over the last 12 months three-beds sold for AED 2,703,600, around AED 1,323 per sqft, and rent for AED 160,000 to 200,000 a year. G+P 08's AED 156,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Feb 20262,703,600
9 Jun 20253,225,000
17 Dec 20242,423,000
5 Mar 20243,320,640
1 3-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 ground floor

All 75 units in Golf Terrace B
Value
G+P 052-bedAED 2.62M · Jan 2025
G+P 062-bedAED 1.74M · Jul 2021
G+P 073-bedAED 1.81M · Jun 2021

G+P 08, Golf Terrace B in numbers

  • Sold once: by DAMAC on 18 November 2019 for AED 2,550,000, or AED 1,079 per sqft.
  • Rented since December 2019 on one Ejari contract, at AED 156,000 a year.
  • At AED 156,000 a year the gross yield on the 2019 price is 6.1%, before a service charge of about AED 32,200 a year (AED 13.65 per sqft).
  • Three-beds in Golf Terrace B sold for AED 2,703,600–2,703,600 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 12 December 2019.

Questions about G+P 08, Golf Terrace B

What did unit G+P 08 last sell for?

AED 2,550,000 on 18 November 2019, sold by the developer: AED 1,079 per sqft for 2,361 sqft. It is the only registered sale of the unit.

What is the rent for unit G+P 08?

AED 156,000 a year on the contract signed on 12 December 2019.

How big is unit G+P 08?

2,361 sqft (219.3 sqm): a three-bedroom apartment on the ground floor of a 8-storey tower completed in 2016.

What is unit G+P 08 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golf Terrace B sold for AED 2,703,600 to 2,703,600 in the last 12 months, around AED 1,323 per sqft.

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Mortgage on G+P 08, Golf Terrace B

Starts from the last sale price (AED 2.55M, 18 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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