2-bed · 993 sqftGolf Views - Building 2, Emaar South · 5th floor · completed 2020

507, Golf Views - Building 2

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

Unit 507 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 1.17M24 July 2023
Current rentAED 72K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Golf Views - Building 2

What is 507 worth today?

Last sold for AED 1,169,888 in 2023

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15 Dec 2024RentedRenewal
AED 72,000/yr12 months · AED 73 per sqft
15 Dec 2023RentedNew contract
AED 67,000/yr12 months · AED 68 per sqft
24 Jul 2023Sold by developerReady
AED 1,169,888AED 1,178 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
2-bed apartment
Size
993 sqft
Floor
5th of 11
Parking
P-29
Developer
Emaar
Completed
2020
Service charge
AED 21,000 /yr
Last sold
AED 1.17M · July 2023

About 507, Golf Views - Building 2

507 is a two-bedroom apartment of 993 sqft on the 5th floor of Golf Views - Building 2, a 11-storey tower in Emaar South completed in 2020 by Emaar. The developer sold it on 24 July 2023 for AED 1,169,888, or AED 1,178 per sqft, in line with the AED 1,184 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 72,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 21,000 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Golf Views - Building 2
1M1.2M1.4M2017202020232026Typical sale price by year: 2017 AED 1,111,888; 2018 AED 1,035,888; 2019 AED 1,110,388; 2022 AED 1,136,690; 2023 AED 1,188,888; 2024 AED 1,125,000; 2025 AED 1,360,000Sold by developer, July 2023: AED 1,169,888 (AED 1,178 per sqft)

507 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 507, each contractTypical two-bed in Golf Views - Building 2
40K60K80K2020202220242026Typical rent by year: 2020 AED 36,000; 2021 AED 38,000; 2022 AED 42,500; 2023 AED 62,500; 2024 AED 70,000; 2025 AED 73,750; 2026 AED 72,500New contract, December 2023: AED 67,000 a yearRenewal, December 2024: AED 72,000 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 Views - Building 2, and where 507 sits

All 56 2-beds →

507 last sold in July 2023 at AED 1,178 per sqft, in line with what two-beds in Golf Views - Building 2 were fetching at the time (AED 1,184). Over the last 12 months two-beds sold for AED 1,325,000 to 1,460,000, around AED 1,365 per sqft, and rent for AED 40,000 to 90,000 a year. 507's AED 72,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20261,325,000
14 Apr 20261,460,000
15 Dec 20251,360,000
30 Jun 20251,400,000
3 2-bed sales in the last 12 months

Golf Views - Building 2

Building

98 apartments, 1-bed to 4-bed over 11 floors in Emaar South, completed in 2020 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 1,367
Typical sale
AED 1.36M
Typical rent
AED 73K /yr
Typical yield
5.3%
Golf Views - Building 2, Emaar South: prices, sales and rents →

Other units on the 5th floor

All 98 units in Golf Views - Building 2
Value
5011-bedAED 788K · Feb 2019
5022-bedAED 1.15M · Jul 2024
5033-bedAED 2.01M · Aug 2023
5043-bedAED 1.89M · Nov 2024
5052-bedAED 1.24M · Sep 2023
5062-bedAED 1.19M · Jul 2023
5082-bedAED 996K · Sep 2019
1–7 of 8

507, Golf Views - Building 2 in numbers

  • Sold once: by Emaar on 24 July 2023 for AED 1,169,888, or AED 1,178 per sqft.
  • Rented since December 2023 on 2 Ejari contracts, from AED 67,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 21,000 a year (AED 21.11 per sqft).
  • Two-beds in Golf Views - Building 2 sold for AED 1,325,000–1,460,000 in the 12 months to November 2026; the building's median across all types is AED 1,367 per sqft.

Source: Dubai Land Department. Updated 15 December 2024.

Questions about 507, Golf Views - Building 2

What did unit 507 last sell for?

AED 1,169,888 on 24 July 2023, sold by the developer: AED 1,178 per sqft for 993 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 72,000 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 67,000.

How big is unit 507?

993 sqft (92.3 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2020.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Views - Building 2 sold for AED 1,325,000 to 1,460,000 in the last 12 months, around AED 1,365 per sqft.

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Mortgage on 507, Golf Views - Building 2

Starts from the last sale price (AED 1.17M, 24 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,169,888
Deposit, UAE resident (20%)
AED 233,978
Deposit, non-resident (40%)
AED 467,955
Monthly over 25 years at 3.7%
AED 4,786

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