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2-bed · 1,620 sqftGolf Towers 3, The Views · 10th floor · completed 2007

1002, Golf Towers 3

Sold prices and rental history: sold twice, last in July 2009, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 1 June 2020
Last soldAED 1.51M30 July 2009
Current rentAED 110K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, Golf Towers 3

What is 1002 worth today?

Last sold for AED 1,512,888 in 2009

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1 Jun 2020RentedNew contract
AED 110,000/yr36 months · AED 68 per sqft
1 Jan 2014RentedNew contract · flagged as an outlier
AED 32,500/yr24 months · AED 20 per sqft
30 Jul 2009Sold by developerReady
AED 1,512,888AED 933 per sqft
30 Jul 2009SoldReady
AED 1,510,000AED 932 per sqft

Source: Dubai Land Department. Updated 1 June 2020.

Key facts

Type
2-bed apartment
Size
1,620 sqft
Floor
10th of 30
Parking
F 419
Developer
Emaar
Completed
2007
Service charge
AED 27,700 /yr
Last sold
AED 1.51M · July 2009
Building
Golf Towers 3

About 1002, Golf Towers 3

1002 is a two-bedroom apartment of 1,620 sqft on the 10th floor of Golf Towers 3, a 30-storey tower in The Views completed in 2007 by Emaar. The developer sold it on 30 July 2009 for AED 1,512,888, or AED 933 per sqft, 4% above the AED 900 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 June 2020, is AED 110,000 a year: a gross yield of 7.3% on the 2009 price, before the service charge of about AED 27,700 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Golf Towers 3
1M2M2008201320182023Typical sale price by year: 2008 AED 1,088,888; 2009 AED 1,473,888; 2010 AED 1,440,444; 2011 AED 1,237,500; 2012 AED 1,400,000; 2013 AED 1,950,000; 2014 AED 2,500,000; 2015 AED 2,105,000; 2016 AED 2,200,000; 2017 AED 2,150,000; 2018 AED 1,850,000; 2020 AED 1,485,000; 2021 AED 1,650,000; 2022 AED 2,005,000; 2023 AED 2,250,000; 2024 AED 2,400,000; 2025 AED 2,660,000; 2026 AED 2,687,500Sold by developer, July 2009: AED 1,512,888 (AED 933 per sqft)Sold, July 2009: AED 1,510,000 (AED 932 per sqft)

1002 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Golf Towers 3
100K125K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 130,000; 2014 AED 155,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 151,000; 2018 AED 135,500; 2019 AED 121,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 120,750; 2023 AED 133,500; 2024 AED 154,000; 2025 AED 160,000; 2026 AED 160,000New contract, June 2020: AED 110,000 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 3, and where 1002 sits

All 90 2-beds →

1002 last sold in July 2009 at AED 933 per sqft, 4% above what two-beds in Golf Towers 3 were fetching at the time (AED 900). Over the last 12 months two-beds sold for AED 2,300,000 to 3,800,000, around AED 2,010 per sqft, and rent for AED 125,519 to 220,000 a year. 1002's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20262,650,000
10 Jul 20262,300,000
25 Feb 20263,800,000
5 Jan 20262,725,000
5 2-bed sales in the last 12 months

Golf Towers 3

Building

210 apartments, 1-bed to 4-bed over 30 floors in The Views, completed in 2007 by Emaar. 14 sold in the last 12 months.

Typical price per sqft
AED 1,926 Up 0.1%
Typical sale
AED 2.06M
Typical rent
AED 140K /yr
Typical yield
5.9%
Golf Towers 3, The Views: prices, sales and rents →

Other units on the 10th floor

All 210 units in Golf Towers 3
Value
10011-bedAED 1.85M · Feb 2023
10031-bedAED 1.45M · Feb 2022
10043-bedAED 2.07M · May 2009
10052-bedAED 2.4M · Oct 2014
10072-bedAED 2.4M · Mar 2014

1002, Golf Towers 3 in numbers

  • Sold twice: first on 30 July 2009 for AED 1,510,000, last on 30 July 2009 for AED 1,512,888 (AED 933 per sqft).
  • Rented since January 2014 on 2 Ejari contracts, from AED 32,500 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2009 price is 7.3%, before a service charge of about AED 27,700 a year (AED 17.07 per sqft).
  • Two-beds in Golf Towers 3 sold for AED 2,300,000–3,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,926 per sqft.

Source: Dubai Land Department. Updated 1 June 2020.

Questions about 1002, Golf Towers 3

What did unit 1002 last sell for?

AED 1,512,888 on 30 July 2009, sold by the developer: AED 933 per sqft for 1,620 sqft. The unit has 2 registered sales; the first was AED 1,510,000 in July 2009.

What is the rent for unit 1002?

AED 110,000 a year on the contract signed on 1 June 2020. The previous contract, from January 2014, was AED 32,500.

How big is unit 1002?

1,620 sqft (150.5 sqm): a two-bedroom apartment on the 10th floor of a 30-storey tower completed in 2007.

What is unit 1002 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 3 sold for AED 2,300,000 to 3,800,000 in the last 12 months, around AED 2,010 per sqft.

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Mortgage on 1002, Golf Towers 3

Starts from the last sale price (AED 1.51M, 30 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,512,888
Deposit, UAE resident (20%)
AED 302,578
Deposit, non-resident (40%)
AED 605,155
Monthly over 25 years at 3.7%
AED 6,190

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