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2-bed · 1,269 sqftGolf Towers 1, The Views · 14th floor · completed 2007

1405, Golf Towers 1

Sold prices and rental history: sold twice, last in August 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 1 August 2018
Last soldAED 1.5M1 August 2018
Current rentAED 165K /yr30 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1405, Golf Towers 1

What is 1405 worth today?

Last sold for AED 1,500,000 in 2018

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1 Aug 2018SoldReady
AED 1,500,000AED 1,182 per sqft
30 Apr 2016RentedRenewal
AED 165,000/yr9 months · AED 130 per sqft
30 Apr 2015RentedNew contract
AED 165,000/yr12 months · AED 130 per sqft
30 Apr 2014RentedNew contract
AED 160,000/yr12 months · AED 126 per sqft
5 Oct 2009Sold by developerReady
AED 427,444AED 336 per sqft

Source: Dubai Land Department. Updated 1 August 2018.

Key facts

Type
2-bed apartment
Size
1,269 sqft
Floor
14th of 25
Parking
G 294
Developer
Emaar
Completed
2007
Service charge
AED 21,700 /yr
Last sold
AED 1.5M · August 2018
Building
Golf Towers 1

About 1405, Golf Towers 1

1405 is a two-bedroom apartment of 1,269 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 1 August 2018 for AED 1,500,000, or AED 1,182 per sqft, in line with the AED 1,182 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 30 April 2016, is AED 165,000 a year: a gross yield of 11.0% on the 2018 price, before the service charge of about AED 21,700 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical two-bed in Golf Towers 1
2M2008201320182023Typical 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, October 2009: AED 427,444 (AED 336 per sqft)Sold, August 2018: AED 1,500,000 (AED 1,182 per sqft)

1405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, each contractTypical two-bed in Golf Towers 1
100K150K2012201620202024Typical 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, April 2014: AED 160,000 a yearNew contract, April 2015: AED 165,000 a yearRenewal, April 2016: AED 165,000 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 1405 sits

All 96 2-beds →

1405 last sold in August 2018 at AED 1,182 per sqft, in line with what two-beds in Golf Towers 1 were fetching at the time (AED 1,182). 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. 1405's AED 165,000 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
14042-bedAED 1.6M · Jun 2023
14061-bedAED 1.74M · Aug 2013

1405, Golf Towers 1 in numbers

  • Sold twice: first on 5 October 2009 for AED 427,444, last on 1 August 2018 for AED 1,500,000 (AED 1,182 per sqft).
  • Rented since April 2014 on 3 Ejari contracts, from AED 160,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2018 price is 11.0%, before a service charge of about AED 21,700 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 2018.

Questions about 1405, Golf Towers 1

What did unit 1405 last sell for?

AED 1,500,000 on 1 August 2018: AED 1,182 per sqft for 1,269 sqft. The unit has 2 registered sales; the first was AED 427,444 in October 2009.

What is the rent for unit 1405?

AED 165,000 a year on the contract renewed on 30 April 2016. The previous contract, from April 2015, was AED 165,000; the unit has been rented since April 2014.

How big is unit 1405?

1,269 sqft (117.9 sqm): a two-bedroom apartment on the 14th floor of a 25-storey tower completed in 2007.

What is unit 1405 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 1405, Golf Towers 1

Starts from the last sale price (AED 1.5M, 1 August 2018). 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 →