3-bed · 2,017 sqftGolf Towers 3, The Views · 15th floor · completed 2007

1504, Golf Towers 3

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 28 February 2022
Last soldAED 2.5M28 February 2022
Current rentAED 150K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Golf Towers 3

What is 1504 worth today?

Last sold for AED 2,500,000 in 2022

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28 Feb 2022SoldReady
AED 2,500,000AED 1,239 per sqft
1 May 2021RentedRenewal
AED 150,000/yr12 months · AED 74 per sqft
1 May 2020RentedRenewal
AED 165,000/yr12 months · AED 82 per sqft
1 May 2019RentedRenewal
AED 165,000/yr12 months · AED 82 per sqft
1 May 2018RentedNew contract
AED 170,000/yr12 months · AED 84 per sqft
7 Apr 2017RentedNew contract
AED 175,000/yr12 months · AED 87 per sqft
29 Oct 2015Sold by developerReady
AED 2,150,888AED 1,066 per sqft
7 Apr 2014RentedNew contract
AED 155,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 28 February 2022.

Key facts

Type
3-bed apartment
Size
2,017 sqft
Floor
15th of 30
Parking
B 122 / B123
Developer
Emaar
Completed
2007
Service charge
AED 34,400 /yr
Last sold
AED 2.5M · February 2022

About 1504, Golf Towers 3

1504 is a three-bedroom apartment of 2,017 sqft on the 15th floor of Golf Towers 3, a 30-storey tower in The Views completed in 2007 by Emaar. It last sold on 28 February 2022 for AED 2,500,000, or AED 1,239 per sqft, 10% above the AED 1,125 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 May 2021, is AED 150,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 34,400 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical three-bed in Golf Towers 3
2M3M4M2008201320182023Typical sale price by year: 2008 AED 2,300,290; 2009 AED 2,263,444; 2010 AED 2,236,888; 2011 AED 2,200,000; 2012 AED 2,197,888; 2013 AED 3,150,000; 2014 AED 3,737,000; 2015 AED 3,700,000; 2021 AED 2,150,000; 2022 AED 3,175,000; 2023 AED 3,522,500; 2025 AED 4,250,000Sold by developer, October 2015: AED 2,150,888 (AED 1,066 per sqft)Sold, February 2022: AED 2,500,000 (AED 1,239 per sqft)

1504 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1504, each contractTypical three-bed in Golf Towers 3
150K200K250K2012201620202024Typical rent by year: 2012 AED 155,000; 2013 AED 180,000; 2014 AED 201,866; 2015 AED 210,000; 2016 AED 207,500; 2017 AED 200,000; 2018 AED 185,000; 2019 AED 167,500; 2020 AED 145,000; 2021 AED 139,000; 2022 AED 155,500; 2023 AED 175,264; 2024 AED 187,500; 2025 AED 230,500; 2026 AED 240,000New contract, April 2014: AED 155,000 a yearNew contract, April 2017: AED 175,000 a yearNew contract, May 2018: AED 170,000 a yearRenewal, May 2019: AED 165,000 a yearRenewal, May 2020: AED 165,000 a yearRenewal, May 2021: AED 150,000 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 3, and where 1504 sits

All 29 3-beds →

1504 last sold in February 2022 at AED 1,239 per sqft, 10% above what three-beds in Golf Towers 3 were fetching at the time (AED 1,125). Over the last 12 months three-beds sold for AED 4,150,000, around AED 2,057 per sqft, and rent for AED 199,500 to 260,000 a year. 1504's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Oct 20264,150,000
3 Sep 20254,250,000
23 Mar 20254,337,000
18 Mar 20252,919,000
1 3-bed sale 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 15th floor

All 210 units in Golf Towers 3
Value
15011-bedAED 445K · Sep 2010
15022-bedAED 2.15M · Sep 2021
15031-bedAED 1.59M · Oct 2016
15052-bedAED 1.01M · Jun 2009
15061-bedAED 708K · Jul 2010
15072-bedAED 2.62M · Nov 2014

1504, Golf Towers 3 in numbers

  • Sold twice: first on 29 October 2015 for AED 2,150,888, last on 28 February 2022 for AED 2,500,000 (AED 1,239 per sqft).
  • Rented since April 2014 on 6 Ejari contracts, from AED 155,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 34,400 a year (AED 17.07 per sqft).
  • Three-beds in Golf Towers 3 sold for AED 4,150,000–4,150,000 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 28 February 2022.

Questions about 1504, Golf Towers 3

What did unit 1504 last sell for?

AED 2,500,000 on 28 February 2022: AED 1,239 per sqft for 2,017 sqft. The unit has 2 registered sales; the first was AED 2,150,888 in October 2015.

What is the rent for unit 1504?

AED 150,000 a year on the contract renewed on 1 May 2021. The previous contract, from May 2020, was AED 165,000; the unit has been rented since April 2014.

How big is unit 1504?

2,017 sqft (187.4 sqm): a three-bedroom apartment on the 15th floor of a 30-storey tower completed in 2007.

What is unit 1504 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 3 sold for AED 4,150,000 to 4,150,000 in the last 12 months, around AED 2,057 per sqft.

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Mortgage on 1504, Golf Towers 3

Starts from the last sale price (AED 2.5M, 28 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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