2-bed · 1,418 sqftGolf Towers 1, The Views · 14th floor · completed 2007

1404, Golf Towers 1

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.6M22 June 2023
Current rentAED 155K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Golf Towers 1

What is 1404 worth today?

Last sold for AED 1,600,000 in 2023

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1 Aug 2024RentedNew contract
AED 155,000/yr12 months · AED 109 per sqft
22 Jun 2023SoldReady
AED 1,600,000AED 1,128 per sqft
1 Sep 2022RentedNew contract
AED 130,000/yr12 months · AED 91 per sqft
27 Aug 2021RentedRenewal
AED 90,000/yr12 months · AED 63 per sqft
27 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
31 Jul 2019RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
18 Jul 2018RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
18 Jul 2017RentedNew contract
AED 125,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
14th of 25
Parking
F 409
Developer
Emaar
Completed
2007
Service charge
AED 24,200 /yr
Last sold
AED 1.6M · June 2023

About 1404, Golf Towers 1

1404 is a two-bedroom apartment of 1,418 sqft on the 14th floor of Golf Towers 1, a 25-storey tower in The Views completed in 2007 by Emaar. It last sold on 22 June 2023 for AED 1,600,000, or AED 1,128 per sqft, 14% below the AED 1,315 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 August 2024, is AED 155,000 a year: a gross yield of 9.7% on the 2023 price, before the service charge of about AED 24,200 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical two-bed in Golf Towers 1
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,009,888; 2009 AED 1,139,000; 2010 AED 1,180,500; 2011 AED 1,200,000; 2012 AED 1,350,000; 2013 AED 1,865,000; 2014 AED 2,185,000; 2015 AED 2,200,000; 2016 AED 1,960,000; 2017 AED 1,950,000; 2018 AED 1,492,500; 2019 AED 1,300,000; 2021 AED 1,560,000; 2022 AED 2,145,000; 2023 AED 1,950,000; 2024 AED 2,400,000; 2025 AED 2,700,000; 2026 AED 2,650,000Sold by developer, September 2011: AED 2,400,000 (AED 1,692 per sqft)Sold, February 2014: AED 2,400,000 (AED 1,692 per sqft)Sold, June 2023: AED 1,600,000 (AED 1,128 per sqft)

1404 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, each contractTypical two-bed in Golf Towers 1
100K150K200K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 135,000; 2014 AED 148,139; 2015 AED 150,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 125,000; 2019 AED 110,000; 2020 AED 95,000; 2021 AED 95,000; 2022 AED 111,000; 2023 AED 130,000; 2024 AED 140,000; 2025 AED 155,000; 2026 AED 152,500New contract, March 2013: AED 165,000 a yearNew contract, April 2015: AED 160,000 a yearNew contract, November 2015: AED 190,000 a yearNew contract, July 2017: AED 125,000 a yearRenewal, July 2018: AED 120,000 a yearNew contract, July 2019: AED 100,000 a yearNew contract, August 2020: AED 80,000 a yearRenewal, August 2021: AED 90,000 a yearNew contract, September 2022: AED 130,000 a yearNew contract, August 2024: AED 155,000 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 Towers 1, and where 1404 sits

All 96 2-beds →

1404 last sold in June 2023 at AED 1,128 per sqft, 14% below what two-beds in Golf Towers 1 were fetching at the time (AED 1,315). Over the last 12 months two-beds sold for AED 2,425,000 to 3,600,000, around AED 2,084 per sqft, and rent for AED 126,500 to 296,703 a year. 1404's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20262,650,000
12 Jun 20262,650,000
27 Mar 20262,425,000
20 Jan 20262,950,000
5 2-bed sales in the last 12 months

Golf Towers 1

Building

150 apartments, 1-bed to 3-bed over 25 floors in The Views, completed in 2007 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,140
Typical sale
AED 2.8M
Typical rent
AED 150K /yr
Typical yield
5.2%
Golf Towers 1, The Views: prices, sales and rents →

Other units on the 14th floor

All 150 units in Golf Towers 1
Value
14012-bedAED 1.04M · Oct 2012
14022-bedAED 1.49M · Feb 2011
14033-bedAED 3.7M · Apr 2024
14052-bedAED 1.5M · Aug 2018
14061-bedAED 1.74M · Aug 2013

1404, Golf Towers 1 in numbers

  • Sold 3 times: first on 15 September 2011 for AED 2,400,000, last on 22 June 2023 for AED 1,600,000 (AED 1,128 per sqft).
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 165,000 to AED 80,000 in 2020 and recovered to AED 155,000 by August 2024.
  • At AED 155,000 a year the gross yield on the 2023 price is 9.7%, before a service charge of about AED 24,200 a year (AED 17.07 per sqft).
  • Two-beds in Golf Towers 1 sold for AED 2,425,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,140 per sqft.

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 1404, Golf Towers 1

What did unit 1404 last sell for?

AED 1,600,000 on 22 June 2023: AED 1,128 per sqft for 1,418 sqft. The unit has 3 registered sales; the first was AED 2,400,000 in September 2011.

What is the rent for unit 1404?

AED 155,000 a year on the contract signed on 1 August 2024. The previous contract, from September 2022, was AED 130,000; the unit has been rented since March 2013.

How big is unit 1404?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 14th floor of a 25-storey tower completed in 2007.

What is unit 1404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Towers 1 sold for AED 2,425,000 to 3,600,000 in the last 12 months, around AED 2,084 per sqft.

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Mortgage on 1404, Golf Towers 1

Starts from the last sale price (AED 1.6M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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