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2-bed · 1,418 sqftGolf Towers 1, The Views · 3rd floor · completed 2007

304, Golf Towers 1

Sold prices and rental history: sold twice, last in June 2016, and rented once, from January 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 27 June 2016
Last soldAED 1.9M27 June 2016
Current rentAED 140K /yr1 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Golf Towers 1

What is 304 worth today?

Last sold for AED 1,900,000 in 2016

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27 Jun 2016SoldReady
AED 1,900,000AED 1,339 per sqft
1 Jan 2016RentedRenewal
AED 140,000/yr24 months · AED 99 per sqft
8 Feb 2009Sold by developerReady
AED 918,888AED 647 per sqft

Source: Dubai Land Department. Updated 27 June 2016.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
3rd of 25
Parking
B 195
Developer
Emaar
Completed
2007
Service charge
AED 24,200 /yr
Last sold
AED 1.9M · June 2016
Building
Golf Towers 1

About 304, Golf Towers 1

304 is a two-bedroom apartment of 1,418 sqft on the 3rd floor of Golf Towers 1, a 25-storey tower in The Views completed in 2007 by Emaar. It last sold on 27 June 2016 for AED 1,900,000, or AED 1,339 per sqft, 6% below the AED 1,418 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2016. The current contract, renewed on 1 January 2016, is AED 140,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 24,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, February 2009: AED 918,888 (AED 647 per sqft)Sold, June 2016: AED 1,900,000 (AED 1,339 per sqft)

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

Rents
Unit 304, 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 152,500Renewal, January 2016: AED 140,000 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 304 sits

All 96 2-beds →

304 last sold in June 2016 at AED 1,339 per sqft, 6% below what two-beds in Golf Towers 1 were fetching at the time (AED 1,418). 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. 304's AED 140,000 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 3rd floor

All 150 units in Golf Towers 1
Value
3012-bedAED 1.45M · Jun 2018
3022-bedAED 2.3M · Jan 2024
3033-bedAED 1.69M · Jun 2010
3052-bedAED 709K · Mar 2013
3061-bedAED 539K · Oct 2008

304, Golf Towers 1 in numbers

  • Sold twice: first on 8 February 2009 for AED 918,888, last on 27 June 2016 for AED 1,900,000 (AED 1,339 per sqft).
  • Rented since January 2016 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2016 price is 7.4%, 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 27 June 2016.

Questions about 304, Golf Towers 1

What did unit 304 last sell for?

AED 1,900,000 on 27 June 2016: AED 1,339 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 918,888 in February 2009.

What is the rent for unit 304?

AED 140,000 a year on the contract renewed on 1 January 2016.

How big is unit 304?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2007.

What is unit 304 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 304, Golf Towers 1

Starts from the last sale price (AED 1.9M, 27 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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