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3-bed · 1,974 sqftGolf Towers 1, The Views · 5th floor · completed 2007

503, Golf Towers 1

Sold prices and rental history: sold 3 times, last in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 13 September 2021
Last soldAED 3.1M13 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Golf Towers 1

What is 503 worth today?

Last sold for AED 3,100,000 in 2021

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13 Sep 2021SoldReady
AED 3,100,000AED 1,570 per sqft
17 Dec 2020SoldReady
AED 962,500AED 487 per sqft
24 Nov 2008Sold by developerReady
AED 1,824,888AED 924 per sqft

Source: Dubai Land Department. Updated 13 September 2021.

Key facts

Type
3-bed apartment
Size
1,974 sqft
Floor
5th of 25
Parking
B 222 / B223
Developer
Emaar
Completed
2007
Service charge
AED 33,700 /yr
Last sold
AED 3.1M · September 2021
Building
Golf Towers 1

About 503, Golf Towers 1

503 is a three-bedroom apartment of 1,974 sqft on the 5th floor of Golf Towers 1, a 25-storey tower in The Views completed in 2007 by Emaar. It last sold on 13 September 2021 for AED 3,100,000, or AED 1,570 per sqft, 46% above the AED 1,074 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical three-bed in Golf Towers 1
2M4M2008201320182023Typical 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, November 2008: AED 1,824,888 (AED 924 per sqft)Sold, December 2020: AED 962,500 (AED 487 per sqft)Sold, September 2021: AED 3,100,000 (AED 1,570 per sqft)

503 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 503, 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 230,000

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 503 sits

All 27 3-beds →

503 last sold in September 2021 at AED 1,570 per sqft, 46% above what three-beds in Golf Towers 1 were fetching at the time (AED 1,074). 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.

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 5th floor

All 150 units in Golf Towers 1
Value
5012-bedAED 1.95M · Jul 2023
5022-bedAED 2.45M · Apr 2015
5042-bedAED 1.85M · Apr 2023
5052-bedAED 1.55M · Apr 2023
5061-bedAED 1.65M · May 2017

503, Golf Towers 1 in numbers

  • Sold 3 times: first on 24 November 2008 for AED 1,824,888, last on 13 September 2021 for AED 3,100,000 (AED 1,570 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 13 September 2021.

Questions about 503, Golf Towers 1

What did unit 503 last sell for?

AED 3,100,000 on 13 September 2021: AED 1,570 per sqft for 1,974 sqft. The unit has 3 registered sales; the first was AED 1,824,888 in November 2008.

How big is unit 503?

1,974 sqft (183.4 sqm): a three-bedroom apartment on the 5th floor of a 25-storey tower completed in 2007.

What is unit 503 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 503, Golf Towers 1

Starts from the last sale price (AED 3.1M, 13 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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