2-bed · 1,415 sqftGolf Towers 1, The Views · 4th floor · completed 2007

401, Golf Towers 1

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

Unit 401 · DLD and Ejari recordsUpdated 15 January 2022
Last soldAED 881K27 December 2009
Current rentAED 100K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Golf Towers 1

What is 401 worth today?

Last sold for AED 880,888 in 2009

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15 Jan 2022RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
17 Dec 2020RentedNew contract
AED 75,000/yr12 months · AED 53 per sqft
9 Dec 2019RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
14 Aug 2018RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
14 Aug 2017RentedRenewal
AED 135,000/yr12 months · AED 96 per sqft
14 Aug 2016RentedNew contract
AED 135,000/yr12 months · AED 96 per sqft
20 Apr 2015RentedNew contract
AED 155,000/yr12 months · AED 110 per sqft
25 Apr 2014RentedNew contract
AED 154,571/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 15 January 2022.

Key facts

Type
2-bed apartment
Size
1,415 sqft
Floor
4th of 25
Parking
B 239
Developer
Emaar
Completed
2007
Service charge
AED 24,200 /yr
Last sold
AED 881K · December 2009

About 401, Golf Towers 1

401 is a two-bedroom apartment of 1,415 sqft on the 4th floor of Golf Towers 1, a 25-storey tower in The Views completed in 2007 by Emaar. The developer sold it on 27 December 2009 for AED 880,888, or AED 622 per sqft, 20% below the AED 777 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 January 2022, is AED 100,000 a year: a gross yield of 11.3% on the 2009 price, before the service charge of about AED 24,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, December 2009: AED 880,888 (AED 622 per sqft)

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

Rents
Unit 401, 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 154,571 a yearNew contract, April 2015: AED 155,000 a yearNew contract, August 2016: AED 135,000 a yearRenewal, August 2017: AED 135,000 a yearRenewal, August 2018: AED 100,000 a yearNew contract, December 2019: AED 90,000 a yearNew contract, December 2020: AED 75,000 a yearNew contract, January 2022: AED 100,000 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 401 sits

All 96 2-beds →

401 last sold in December 2009 at AED 622 per sqft, 20% below what two-beds in Golf Towers 1 were fetching at the time (AED 777). 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. 401's AED 100,000 is at the bottom 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 4th floor

All 150 units in Golf Towers 1
Value
4022-bedAED 2.36M · Mar 2023
4033-bedAED 2.7M · Jul 2008
4042-bedAED 2.43M · Mar 2026
4052-bedAED 2.35M · Mar 2025
4061-bedAED 1.16M · Jun 2022

401, Golf Towers 1 in numbers

  • Sold once: by Emaar on 27 December 2009 for AED 880,888, or AED 622 per sqft.
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 154,571 to AED 75,000 in 2020 and recovered to AED 100,000 by January 2022.
  • At AED 100,000 a year the gross yield on the 2009 price is 11.3%, 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 15 January 2022.

Questions about 401, Golf Towers 1

What did unit 401 last sell for?

AED 880,888 on 27 December 2009, sold by the developer: AED 622 per sqft for 1,415 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 100,000 a year on the contract signed on 15 January 2022. The previous contract, from December 2020, was AED 75,000; the unit has been rented since April 2014.

How big is unit 401?

1,415 sqft (131.5 sqm): a two-bedroom apartment on the 4th floor of a 25-storey tower completed in 2007.

What is unit 401 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 401, Golf Towers 1

Starts from the last sale price (AED 881K, 27 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 880,888
Deposit, UAE resident (20%)
AED 176,178
Deposit, non-resident (40%)
AED 352,355
Monthly over 25 years at 3.7%
AED 3,604

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