2-bed · 1,305 sqftGolf Towers 3, The Views · 30th floor · completed 2007

3005, Golf Towers 3

Sold prices and rental history: sold 3 times, last in May 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3005 · DLD and Ejari recordsUpdated 30 May 2016
Last soldAED 2.2M30 May 2016
Current rentAED 150K /yr30 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3005, Golf Towers 3

What is 3005 worth today?

Last sold for AED 2,200,000 in 2016

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30 May 2016SoldReady
AED 2,200,000AED 1,685 per sqft
30 May 2016RentedNew contract
AED 150,047/yr4 months · AED 115 per sqft
8 Oct 2015RentedNew contract
AED 150,000/yr12 months · AED 115 per sqft
8 Oct 2013RentedNew contract
AED 147,000/yr12 months · AED 113 per sqft
2 Oct 2012RentedNew contract
AED 165,000/yr12 months · AED 127 per sqft
12 Apr 2012SoldReady
AED 1,500,000AED 1,149 per sqft
7 Jan 2009Sold by developerReady
AED 1,116,888AED 855 per sqft

Source: Dubai Land Department. Updated 30 May 2016.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
30th of 30
Parking
B 256
Developer
Emaar
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 2.2M · May 2016

About 3005, Golf Towers 3

3005 is a two-bedroom apartment of 1,305 sqft on the 30th floor of Golf Towers 3, a 30-storey tower in The Views completed in 2007 by Emaar. It last sold on 30 May 2016 for AED 2,200,000, or AED 1,685 per sqft, 19% above the AED 1,419 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 30 May 2016, is AED 150,047 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 22,300 a year.

Sales and rents for 3005 over time

Sales
Unit 3005, 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, January 2009: AED 1,116,888 (AED 855 per sqft)Sold, April 2012: AED 1,500,000 (AED 1,149 per sqft)Sold, May 2016: AED 2,200,000 (AED 1,685 per sqft)

3005 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3005, each contractTypical two-bed in Golf Towers 3
100K150K2012201620202024Typical 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, October 2012: AED 165,000 a yearNew contract, October 2013: AED 147,000 a yearNew contract, October 2015: AED 150,000 a yearNew contract, May 2016: AED 150,047 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 3005 sits

All 90 2-beds →

3005 last sold in May 2016 at AED 1,685 per sqft, 19% above what two-beds in Golf Towers 3 were fetching at the time (AED 1,419). 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. 3005's AED 150,047 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 30th floor

All 210 units in Golf Towers 3
Value
30011-bedAED 1.25M · Oct 2015
30022-bedAED 2.55M · Dec 2017
30031-bedAED 1.55M · Jun 2023
30043-bedAED 3.75M · Aug 2015
30061-bedAED 1.1M · Jun 2024
30072-bedAED 2.95M · Oct 2024

3005, Golf Towers 3 in numbers

  • Sold 3 times: first on 7 January 2009 for AED 1,116,888, last on 30 May 2016 for AED 2,200,000 (AED 1,685 per sqft).
  • Rented since October 2012 on 4 Ejari contracts, from AED 165,000 to AED 150,047 a year.
  • At AED 150,047 a year the gross yield on the 2016 price is 6.8%, 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 30 May 2016.

Questions about 3005, Golf Towers 3

What did unit 3005 last sell for?

AED 2,200,000 on 30 May 2016: AED 1,685 per sqft for 1,305 sqft. The unit has 3 registered sales; the first was AED 1,116,888 in January 2009.

What is the rent for unit 3005?

AED 150,047 a year on the contract signed on 30 May 2016. The previous contract, from October 2015, was AED 150,000; the unit has been rented since October 2012.

How big is unit 3005?

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

What is unit 3005 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 3005, Golf Towers 3

Starts from the last sale price (AED 2.2M, 30 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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