3-bed · 1,974 sqftGolf Towers 1, The Views · 6th floor · completed 2007

603, Golf Towers 1

Sold prices and rental history: sold 5 times, last in March 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 6 March 2017
Last soldAED 3.35M6 March 2017
Current rentAED 220K /yr25 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Golf Towers 1

What is 603 worth today?

Last sold for AED 3,350,000 in 2017

Unlock today's estimate, updated daily, with

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

6 Mar 2017SoldReady
AED 3,350,000AED 1,697 per sqft
25 Aug 2015RentedNew contract
AED 220,000/yr12 months · AED 112 per sqft
7 Sep 2014RentedNew contract
AED 220,482/yr10 months · AED 112 per sqft
27 Dec 2011SoldReady
AED 2,350,000AED 1,190 per sqft
23 Nov 2010SoldReady
AED 900,000AED 455 per sqft
23 Oct 2008Sold by developerReady
AED 3,950,000AED 2,001 per sqft
23 Oct 2008SoldReady
AED 1,862,888AED 943 per sqft

Source: Dubai Land Department. Updated 6 March 2017.

Key facts

Type
3-bed apartment
Size
1,974 sqft
Floor
6th of 25
Parking
B 24 / B 25
Developer
Emaar
Completed
2007
Service charge
AED 33,700 /yr
Last sold
AED 3.35M · March 2017

About 603, Golf Towers 1

603 is a three-bedroom apartment of 1,974 sqft on the 6th floor of Golf Towers 1, a 25-storey tower in The Views completed in 2007 by Emaar. It last sold on 6 March 2017 for AED 3,350,000, or AED 1,697 per sqft, 5% above the AED 1,622 three-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 25 August 2015, is AED 220,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 33,700 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, October 2008: AED 3,950,000 (AED 2,001 per sqft)Sold, October 2008: AED 1,862,888 (AED 943 per sqft)Sold, November 2010: AED 900,000 (AED 455 per sqft)Sold, December 2011: AED 2,350,000 (AED 1,190 per sqft)Sold, March 2017: AED 3,350,000 (AED 1,697 per sqft)

603 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 603, 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 230,000New contract, September 2014: AED 220,482 a yearNew contract, August 2015: AED 220,000 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 603 sits

All 27 3-beds →

603 last sold in March 2017 at AED 1,697 per sqft, 5% above what three-beds in Golf Towers 1 were fetching at the time (AED 1,622). 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. 603's AED 220,000 is in the upper half 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 6th floor

All 150 units in Golf Towers 1
Value
6012-bedAED 1.15M · Aug 2010
6022-bedAED 1.6M · Mar 2021
6042-bedAED 1.7M · Dec 2012
6052-bedAED 2.02M · Jul 2016
6061-bedAED 1.48M · Feb 2016

603, Golf Towers 1 in numbers

  • Sold 5 times: first on 23 October 2008 for AED 1,862,888, last on 6 March 2017 for AED 3,350,000 (AED 1,697 per sqft).
  • Rented since September 2014 on 2 Ejari contracts, from AED 220,482 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2017 price is 6.6%, 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 6 March 2017.

Questions about 603, Golf Towers 1

What did unit 603 last sell for?

AED 3,350,000 on 6 March 2017: AED 1,697 per sqft for 1,974 sqft. The unit has 5 registered sales; the first was AED 1,862,888 in October 2008.

What is the rent for unit 603?

AED 220,000 a year on the contract signed on 25 August 2015. The previous contract, from September 2014, was AED 220,482.

How big is unit 603?

1,974 sqft (183.4 sqm): a three-bedroom apartment on the 6th floor of a 25-storey tower completed in 2007.

What is unit 603 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.

Selling 603? 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 603, Golf Towers 1

Starts from the last sale price (AED 3.35M, 6 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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