3-bed · 1,974 sqftGolf Towers 1, The Views · 2nd floor · completed 2007

203, Golf Towers 1

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 January 2022
Last soldAED 1.75M19 March 2009
Current rentAED 63K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Golf Towers 1

What is 203 worth today?

Last sold for AED 1,749,888 in 2009

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1 Jan 2022RentedRenewal
AED 62,660/yr3 months · AED 32 per sqft
27 Dec 2020RentedNew contract
AED 123,342/yr12 months · AED 63 per sqft
31 May 2020RentedRenewal
AED 180,095/yr2 months · AED 91 per sqft
31 May 2019RentedRenewal
AED 183,000/yr12 months · AED 93 per sqft
31 May 2018RentedRenewal
AED 198,000/yr12 months · AED 101 per sqft
31 May 2017RentedNew contract
AED 198,000/yr12 months · AED 101 per sqft
5 Mar 2016RentedNew contract
AED 205,000/yr12 months · AED 104 per sqft
16 Aug 2014RentedNew contract
AED 205,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 1 January 2022.

Key facts

Type
3-bed apartment
Size
1,974 sqft
Floor
2nd of 25
Parking
B 136 / B 137
Developer
Emaar
Completed
2007
Service charge
AED 33,700 /yr
Last sold
AED 1.75M · March 2009

About 203, Golf Towers 1

203 is a three-bedroom apartment of 1,974 sqft on the 2nd floor of Golf Towers 1, a 25-storey tower in The Views completed in 2007 by Emaar. The developer sold it on 19 March 2009 for AED 1,749,888, or AED 886 per sqft, 13% below the AED 1,014 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 62,660 a year: a gross yield of 3.6% on the 2009 price, before the service charge of about AED 33,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in Golf Towers 1
2M3M4M2008201320182023Typical 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, March 2009: AED 1,749,888 (AED 886 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Golf Towers 1
100K200K2012201620202024Typical 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, August 2014: AED 205,000 a yearNew contract, March 2016: AED 205,000 a yearNew contract, May 2017: AED 198,000 a yearRenewal, May 2018: AED 198,000 a yearRenewal, May 2019: AED 183,000 a yearRenewal, May 2020: AED 180,095 a yearNew contract, December 2020: AED 123,342 a yearRenewal, January 2022: AED 62,660 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 203 sits

All 27 3-beds →

203 last sold in March 2009 at AED 886 per sqft, 13% below what three-beds in Golf Towers 1 were fetching at the time (AED 1,014). 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. 203's AED 62,660 is at the bottom 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 2nd floor

All 150 units in Golf Towers 1
Value
2011-bedAED 1.25M · Nov 2021
2022-bedAED 1.35M · Oct 2009
2042-bedAED 2.03M · Jul 2024
2052-bedAED 1.6M · Jun 2022
2061-bedAED 946K · Dec 2022

203, Golf Towers 1 in numbers

  • Sold once: by Emaar on 19 March 2009 for AED 1,749,888, or AED 886 per sqft.
  • Rented since August 2014 on 8 Ejari contracts, from AED 205,000 to AED 62,660 a year.
  • At AED 62,660 a year the gross yield on the 2009 price is 3.6%, before a service charge of about AED 33,700 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 1 January 2022.

Questions about 203, Golf Towers 1

What did unit 203 last sell for?

AED 1,749,888 on 19 March 2009, sold by the developer: AED 886 per sqft for 1,974 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 62,660 a year on the contract renewed on 1 January 2022. The previous contract, from December 2020, was AED 123,342; the unit has been rented since August 2014.

How big is unit 203?

1,974 sqft (183.4 sqm): a three-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2007.

What is unit 203 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 203, Golf Towers 1

Starts from the last sale price (AED 1.75M, 19 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,749,888
Deposit, UAE resident (20%)
AED 349,978
Deposit, non-resident (40%)
AED 699,955
Monthly over 25 years at 3.7%
AED 7,159

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