Home
Dubai prices
About
Research
1-bed · 1,128 sqftGolf Towers 1, The Views · 15th floor · completed 2007

1506, Golf Towers 1

Sold prices and rental history: sold twice, last in August 2018, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 28 June 2019
Last soldAED 1.25M12 August 2018
Current rentAED 110K /yr28 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1506

Property timeline for 1506, Golf Towers 1

What is 1506 worth today?

Last sold for AED 1,250,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Jun 2019RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
12 Aug 2018SoldReady
AED 1,250,000AED 1,108 per sqft
28 Jun 2018RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
18 Jun 2016RentedRenewal
AED 123,500/yr12 months · AED 109 per sqft
18 Jun 2015RentedRenewal
AED 130,000/yr12 months · AED 115 per sqft
18 Jun 2014RentedNew contract
AED 130,000/yr12 months · AED 115 per sqft
24 Apr 2013RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
6 Feb 2011RentedNew contract
AED 90,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 28 June 2019.

Key facts

Type
1-bed apartment
Size
1,128 sqft
Floor
15th of 25
Parking
G 296
Developer
Emaar
Completed
2007
Service charge
AED 19,300 /yr
Last sold
AED 1.25M · August 2018
Building
Golf Towers 1

About 1506, Golf Towers 1

1506 is a one-bedroom apartment of 1,128 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 12 August 2018 for AED 1,250,000, or AED 1,108 per sqft.

It has been rented continuously since 2011 on 7 Ejari contracts. The current contract, signed on 28 June 2019, is AED 110,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 19,300 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical one-bed in Golf Towers 1
1M1.5M2008201220162020Typical sale price by year: 2008 AED 789,888; 2009 AED 855,388; 2010 AED 922,000; 2011 AED 880,888; 2012 AED 749,888; 2013 AED 1,235,000; 2016 AED 1,567,500; 2021 AED 1,250,000; 2022 AED 1,160,000Sold by developer, November 2010: AED 808,888 (AED 717 per sqft)Sold, August 2018: AED 1,250,000 (AED 1,108 per sqft)

1506 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, each contractTypical one-bed in Golf Towers 1
75K100K125K20112015201920232027Typical rent by year: 2013 AED 110,000; 2014 AED 120,000; 2015 AED 121,000; 2016 AED 120,000; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 77,000; 2022 AED 88,000; 2023 AED 99,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 118,500New contract, February 2011: AED 90,000 a yearNew contract, April 2013: AED 110,000 a yearNew contract, June 2014: AED 130,000 a yearRenewal, June 2015: AED 130,000 a yearRenewal, June 2016: AED 123,500 a yearNew contract, June 2018: AED 110,000 a yearNew contract, June 2019: AED 110,000 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 Towers 1, and where 1506 sits

All 27 1-beds →

1506's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jul 20252,115,000
20 Jun 20252,250,000
30 Dec 20242,100,000
9 Oct 20242,000,000
0 1-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 15th floor

All 150 units in Golf Towers 1
Value
15012-bedAED 1.2M · Apr 2014
15022-bedAED 2.2M · Dec 2021
15033-bedAED 1.2M · Mar 2019
15042-bedAED 1.01M · Mar 2010
15052-bedAED 1.15M · Aug 2010

1506, Golf Towers 1 in numbers

  • Sold twice: first on 2 November 2010 for AED 808,888, last on 12 August 2018 for AED 1,250,000 (AED 1,108 per sqft).
  • Rented since February 2011 on 7 Ejari contracts, from AED 90,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 19,300 a year (AED 17.07 per sqft).

Source: Dubai Land Department. Updated 28 June 2019.

Questions about 1506, Golf Towers 1

What did unit 1506 last sell for?

AED 1,250,000 on 12 August 2018: AED 1,108 per sqft for 1,128 sqft. The unit has 2 registered sales; the first was AED 808,888 in November 2010.

What is the rent for unit 1506?

AED 110,000 a year on the contract signed on 28 June 2019. The previous contract, from June 2018, was AED 110,000; the unit has been rented since February 2011.

How big is unit 1506?

1,128 sqft (104.8 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower completed in 2007.

What is unit 1506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1506, Golf Towers 1

Starts from the last sale price (AED 1.25M, 12 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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