2-bed · 1,305 sqftGolf Towers 3, The Views · 15th floor · completed 2007

1505, Golf Towers 3

Sold prices and rental history: sold twice, last in June 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 4 November 2024
Last soldAED 571K4 June 2009
Current rentAED 144K /yr4 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Golf Towers 3

What is 1505 worth today?

Last sold for AED 571,429 in 2009

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4 Nov 2024RentedNew contract
AED 144,000/yr12 months · AED 111 per sqft
5 Nov 2022RentedNew contract
AED 144,000/yr12 months · AED 111 per sqft
1 Nov 2021RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
1 Aug 2020RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft
1 Aug 2019RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft
1 Aug 2018RentedNew contract
AED 128,000/yr12 months · AED 98 per sqft
27 Jul 2016RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
4 Jun 2009Sold by developerReady
AED 571,429AED 437 per sqft

Source: Dubai Land Department. Updated 4 November 2024.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
15th of 30
Parking
B 205
Developer
Emaar
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 571K · June 2009

About 1505, Golf Towers 3

1505 is a two-bedroom apartment of 1,305 sqft on the 15th floor of Golf Towers 3, a 30-storey tower in The Views completed in 2007 by Emaar. The developer sold it on 4 June 2009 for AED 571,429, or AED 437 per sqft, 50% below the AED 876 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 4 November 2024, is AED 144,000 a year: a gross yield of 25.2% on the 2009 price, before the service charge of about AED 22,300 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical two-bed in Golf Towers 3
1M2M3M2008201320182023Typical 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, June 2009: AED 571,429 (AED 437 per sqft)Sold, June 2009: AED 1,011,888 (AED 775 per sqft)

1505 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, 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, July 2016: AED 135,000 a yearNew contract, August 2018: AED 128,000 a yearRenewal, August 2019: AED 110,000 a yearRenewal, August 2020: AED 110,000 a yearNew contract, November 2021: AED 115,000 a yearNew contract, November 2022: AED 144,000 a yearNew contract, November 2024: AED 144,000 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 1505 sits

All 90 2-beds →

1505 last sold in June 2009 at AED 437 per sqft, 50% below what two-beds in Golf Towers 3 were fetching at the time (AED 876). 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. 1505's AED 144,000 is in the lower half 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 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
15043-bedAED 2.5M · Feb 2022
15061-bedAED 708K · Jul 2010
15072-bedAED 2.62M · Nov 2014

1505, Golf Towers 3 in numbers

  • Sold twice: first on 4 June 2009 for AED 1,011,888, last on 4 June 2009 for AED 571,429 (AED 437 per sqft).
  • Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 110,000 in 2020 and recovered to AED 144,000 by November 2024.
  • At AED 144,000 a year the gross yield on the 2009 price is 25.2%, before a service charge of about AED 22,300 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 4 November 2024.

Questions about 1505, Golf Towers 3

What did unit 1505 last sell for?

AED 571,429 on 4 June 2009, sold by the developer: AED 437 per sqft for 1,305 sqft. The unit has 2 registered sales; the first was AED 1,011,888 in June 2009.

What is the rent for unit 1505?

AED 144,000 a year on the contract signed on 4 November 2024. The previous contract, from November 2022, was AED 144,000; the unit has been rented since July 2016.

How big is unit 1505?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 15th floor of a 30-storey tower completed in 2007.

What is unit 1505 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 1505, Golf Towers 3

Starts from the last sale price (AED 571K, 4 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 571,429
Deposit, UAE resident (20%)
AED 114,286
Deposit, non-resident (40%)
AED 228,572
Monthly over 25 years at 3.7%
AED 2,338

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