3-bed · 564 sqftGolf Towers 1, The Views · 15th floor · completed 2007

1503, Golf Towers 1

Sold prices and rental history: sold 5 times, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 21 March 2019
Last soldAED 1.2M21 March 2019
Current rentAED 204K /yr1 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Golf Towers 1

What is 1503 worth today?

Last sold for AED 1,200,000 in 2019

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21 Mar 2019SoldReady
AED 1,200,000AED 607 per sqft
1 Dec 2018RentedRenewal
AED 204,000/yr3 months · AED 104 per sqft
1 Dec 2017RentedNew contract
AED 204,000/yr12 months · AED 104 per sqft
22 Jan 2017SoldReady
AED 915,035AED 1,622 per sqft
4 Jan 2017SoldReady
AED 914,336AED 1,621 per sqft
1 Dec 2016RentedNew contract
AED 204,000/yr12 months · AED 104 per sqft
25 Aug 2016SoldReady
AED 456,960AED 1,620 per sqft
10 Apr 2016RentedRenewal
AED 213,000/yr6 months · AED 108 per sqft

Source: Dubai Land Department. Updated 21 March 2019.

Key facts

Type
3-bed apartment
Size
564 sqft
Floor
15th of 25
Parking
B 52 / B 53
Developer
Emaar
Completed
2007
Service charge
AED 9,600 /yr
Last sold
AED 1.2M · March 2019

About 1503, Golf Towers 1

1503 is a three-bedroom apartment of 564 sqft on the 15th floor of Golf Towers 1, a 25-storey tower in The Views completed in 2007 by Emaar. It last sold on 21 March 2019 for AED 1,200,000, or AED 607 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 December 2018, is AED 204,000 a year: a gross yield of 17.0% on the 2019 price, before the service charge of about AED 9,600 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical three-bed in Golf Towers 1
02M4M2008201320182023Typical sale price by year: 2008 AED 1,951,388; 2009 AED 1,960,888; 2010 AED 1,688,888; 2011 AED 2,390,000; 2012 AED 1,934,888; 2013 AED 2,975,000; 2017 AED 2,107,518; 2021 AED 2,500,000; 2023 AED 2,819,973; 2024 AED 3,700,000Sold by developer, February 2009: AED 2,001,888 (AED 1,014 per sqft)Sold, August 2016: AED 456,960 (AED 1,620 per sqft)Sold, January 2017: AED 915,035 (AED 1,622 per sqft)Sold, January 2017: AED 914,336 (AED 1,621 per sqft)Sold, March 2019: AED 1,200,000 (AED 607 per sqft)

1503 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1503, each contractTypical three-bed in Golf Towers 1
150K200K250K2012201620202024Typical rent by year: 2012 AED 160,000; 2013 AED 200,000; 2014 AED 213,000; 2015 AED 220,000; 2016 AED 216,500; 2017 AED 198,000; 2018 AED 185,000; 2019 AED 172,500; 2020 AED 139,000; 2021 AED 143,000; 2022 AED 152,575; 2023 AED 172,583; 2024 AED 189,000; 2025 AED 233,702; 2026 AED 230,000New contract, November 2013: AED 211,823 a yearRenewal, November 2014: AED 213,000 a yearRenewal, November 2015: AED 213,000 a yearRenewal, April 2016: AED 213,000 a yearNew contract, December 2016: AED 204,000 a yearNew contract, December 2017: AED 204,000 a yearRenewal, December 2018: AED 204,000 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 Towers 1, and where 1503 sits

All 27 3-beds →

Over the last 12 months three-beds sold for AED 4,450,000, around AED 2,254 per sqft, and rent for AED 140,000 to 290,000 a year. 1503's AED 204,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Jun 20264,450,000
17 Apr 20254,280,000
6 May 20243,900,000
16 Apr 20243,700,000
1 3-bed sale 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 15th floor

All 150 units in Golf Towers 1
Value
15012-bedAED 1.2M · Apr 2014
15022-bedAED 2.2M · Dec 2021
15042-bedAED 1.01M · Mar 2010
15052-bedAED 1.15M · Aug 2010
15061-bedAED 1.25M · Aug 2018

1503, Golf Towers 1 in numbers

  • Sold 5 times: first on 1 February 2009 for AED 2,001,888, last on 21 March 2019 for AED 1,200,000 (AED 607 per sqft).
  • Rented since November 2013 on 7 Ejari contracts, from AED 211,823 to AED 204,000 a year.
  • At AED 204,000 a year the gross yield on the 2019 price is 17.0%, before a service charge of about AED 9,600 a year (AED 17.07 per sqft).
  • Three-beds in Golf Towers 1 sold for AED 4,450,000–4,450,000 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 21 March 2019.

Questions about 1503, Golf Towers 1

What did unit 1503 last sell for?

AED 1,200,000 on 21 March 2019: AED 607 per sqft for 564 sqft. The unit has 5 registered sales; the first was AED 2,001,888 in February 2009.

What is the rent for unit 1503?

AED 204,000 a year on the contract renewed on 1 December 2018. The previous contract, from December 2017, was AED 204,000; the unit has been rented since November 2013.

How big is unit 1503?

564 sqft (52.4 sqm): a three-bedroom apartment on the 15th floor of a 25-storey tower completed in 2007.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golf Towers 1 sold for AED 4,450,000 to 4,450,000 in the last 12 months, around AED 2,254 per sqft.

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Mortgage on 1503, Golf Towers 1

Starts from the last sale price (AED 1.2M, 21 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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