1-bed · 962 sqftGolf Towers 3, The Views · 16th floor · completed 2007

1601, Golf Towers 3

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 1 May 2021
Last soldAED 1.5M27 June 2010
Current rentAED 50K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Golf Towers 3

What is 1601 worth today?

Last sold for AED 1,500,000 in 2010

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1 May 2021RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
1 Feb 2020RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
1 Nov 2019RentedNew contract
AED 50,000/yr24 months · AED 52 per sqft
1 Jul 2018RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
27 Jun 2010Sold by developerReady
AED 1,500,000AED 1,559 per sqft

Source: Dubai Land Department. Updated 1 May 2021.

Key facts

Type
1-bed apartment
Size
962 sqft
Floor
16th of 30
Parking
G 358
Developer
Emaar
Completed
2007
Service charge
AED 16,400 /yr
Last sold
AED 1.5M · June 2010

About 1601, Golf Towers 3

1601 is a one-bedroom apartment of 962 sqft on the 16th floor of Golf Towers 3, a 30-storey tower in The Views completed in 2007 by Emaar. The developer sold it on 27 June 2010 for AED 1,500,000, or AED 1,559 per sqft, 79% above the AED 870 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 May 2021, is AED 50,000 a year: a gross yield of 3.3% on the 2010 price, before the service charge of about AED 16,400 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical one-bed in Golf Towers 3
1M1.5M2008201320182023Typical sale price by year: 2008 AED 981,888; 2009 AED 840,888; 2010 AED 755,944; 2011 AED 846,888; 2012 AED 935,000; 2013 AED 1,245,000; 2014 AED 1,565,000; 2015 AED 1,275,000; 2016 AED 1,557,500; 2017 AED 1,332,500; 2018 AED 1,280,000; 2019 AED 1,050,000; 2021 AED 1,050,000; 2023 AED 1,550,000; 2024 AED 1,525,000; 2025 AED 1,732,500; 2026 AED 1,734,000Sold by developer, June 2010: AED 1,500,000 (AED 1,559 per sqft)

1601 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1601, each contractTypical one-bed in Golf Towers 3
50K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 110,000; 2016 AED 111,000; 2017 AED 102,000; 2018 AED 88,000; 2019 AED 80,000; 2020 AED 70,000; 2021 AED 68,500; 2022 AED 75,000; 2023 AED 93,000; 2024 AED 100,000; 2025 AED 105,000; 2026 AED 100,000New contract, July 2018: AED 50,000 a yearNew contract, November 2019: AED 50,000 a yearNew contract, February 2020: AED 50,000 a yearNew contract, May 2021: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Golf Towers 3, and where 1601 sits

All 90 1-beds →

1601 last sold in June 2010 at AED 1,559 per sqft, 79% above what one-beds in Golf Towers 3 were fetching at the time (AED 870). Over the last 12 months one-beds sold for AED 1,430,000 to 2,150,000, around AED 1,904 per sqft, and rent for AED 78,000 to 145,000 a year. 1601's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Apr 20261,650,000
18 Feb 20262,150,000
18 Feb 20261,675,000
17 Feb 20261,734,000
8 1-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 16th floor

All 210 units in Golf Towers 3
Value
16022-bedAED 1.55M · Dec 2011
16031-bedAED 878K · Mar 2011
16043-bedAED 2.92M · Mar 2025
16052-bedAED 2.6M · Jun 2014
16061-bedAED 1.3M · May 2013
16072-bedAED 1.85M · Oct 2018

1601, Golf Towers 3 in numbers

  • Sold once: by Emaar on 27 June 2010 for AED 1,500,000, or AED 1,559 per sqft.
  • Rented since July 2018 on 4 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2010 price is 3.3%, before a service charge of about AED 16,400 a year (AED 17.07 per sqft).
  • One-beds in Golf Towers 3 sold for AED 1,430,000–2,150,000 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 1 May 2021.

Questions about 1601, Golf Towers 3

What did unit 1601 last sell for?

AED 1,500,000 on 27 June 2010, sold by the developer: AED 1,559 per sqft for 962 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 50,000 a year on the contract signed on 1 May 2021. The previous contract, from February 2020, was AED 50,000; the unit has been rented since July 2018.

How big is unit 1601?

962 sqft (89.4 sqm): a one-bedroom apartment on the 16th floor of a 30-storey tower completed in 2007.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Towers 3 sold for AED 1,430,000 to 2,150,000 in the last 12 months, around AED 1,904 per sqft.

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Mortgage on 1601, Golf Towers 3

Starts from the last sale price (AED 1.5M, 27 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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