1-bed · 626 sqftGolf Suites, Dubai Hills Estate · completed 2022

P01, Golf Suites

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

Unit P01 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 1.5M21 December 2023
Current rentAED 95K /yr10 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P01, Golf Suites

What is P01 worth today?

Last sold for AED 1,500,000 in 2023

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21 Dec 2023SoldReady
AED 1,500,000AED 2,396 per sqft
10 Mar 2023RentedNew contract
AED 95,000/yr12 months · AED 152 per sqft
4 May 2021Sold by developerOff-plan
AED 899,888AED 1,473 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
1-bed apartment
Size
626 sqft
Parking
B-93
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.5M · December 2023
Building
Golf Suites

About P01, Golf Suites

P01 is a one-bedroom apartment of 626 sqft of Golf Suites, a 18-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 21 December 2023 for AED 1,500,000, or AED 2,396 per sqft, 16% above the AED 2,058 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 March 2023. The current contract, signed on 10 March 2023, is AED 95,000 a year: a gross yield of 6.3% on the 2023 price.

Sales and rents for P01 over time

Sales
Unit P01, each saleTypical one-bed in Golf Suites
1M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,135,388; 2020 AED 1,078,388; 2021 AED 1,055,344; 2022 AED 1,116,388; 2023 AED 1,475,000; 2024 AED 1,550,000; 2025 AED 1,800,000; 2026 AED 1,602,500Sold by developer, May 2021: AED 899,888 (AED 1,473 per sqft)Sold, December 2023: AED 1,500,000 (AED 2,396 per sqft)

P01 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit P01, each contractTypical one-bed in Golf Suites
95K100K105K20232024202520262027Typical rent by year: 2023 AED 100,000; 2024 AED 105,000; 2025 AED 105,000; 2026 AED 100,000New contract, March 2023: 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 Suites, and where P01 sits

All 80 1-beds →

P01 last sold in December 2023 at AED 2,396 per sqft, 16% above what one-beds in Golf Suites were fetching at the time (AED 2,058). Over the last 12 months one-beds sold for AED 1,440,000 to 2,100,000, around AED 2,360 per sqft, and rent for AED 70,000 to 140,000 a year. P01's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jun 20261,440,000
29 Apr 20261,480,000
5 Mar 20261,725,000
3 Feb 20262,100,000
4 1-bed sales in the last 12 months

Golf Suites

Building

205 apartments, 1-bed to 3-bed over 18 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 2,323 Down 7.2%
Typical sale
AED 2.28M
Typical rent
AED 135K /yr
Typical yield
6.2%
Golf Suites, Dubai Hills Estate: prices, sales and rents →

P01, Golf Suites in numbers

  • Sold twice: first on 4 May 2021 for AED 899,888, last on 21 December 2023 for AED 1,500,000 (AED 2,396 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 6.3%.
  • One-beds in Golf Suites sold for AED 1,440,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,323 per sqft.

Source: Dubai Land Department. Updated 21 December 2023.

Questions about P01, Golf Suites

What did unit P01 last sell for?

AED 1,500,000 on 21 December 2023: AED 2,396 per sqft for 626 sqft. The unit has 2 registered sales; the first was AED 899,888 in May 2021.

What is the rent for unit P01?

AED 95,000 a year on the contract signed on 10 March 2023.

How big is unit P01?

626 sqft (58.2 sqm): a one-bedroom apartment of a 18-storey tower completed in 2022.

What is unit P01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Suites sold for AED 1,440,000 to 2,100,000 in the last 12 months, around AED 2,360 per sqft.

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Mortgage on P01, Golf Suites

Starts from the last sale price (AED 1.5M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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