1-bed · 990 sqftGolf Towers 3, The Views · 5th floor · completed 2007

503, Golf Towers 3

Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 17 March 2023
Last soldAED 1.35M17 March 2023
Current rentAED 80K /yr12 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Golf Towers 3

What is 503 worth today?

Last sold for AED 1,350,000 in 2023

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17 Mar 2023SoldReady
AED 1,350,000AED 1,363 per sqft
12 Nov 2019RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft
29 Nov 2018SoldReady
AED 1,225,000AED 1,237 per sqft
12 Nov 2016RentedRenewal
AED 105,000/yr12 months · AED 106 per sqft
12 Nov 2015RentedRenewal
AED 105,000/yr12 months · AED 106 per sqft
12 Nov 2014RentedNew contract
AED 105,000/yr12 months · AED 106 per sqft
10 Feb 2014SoldReady
AED 1,650,000AED 1,666 per sqft
12 Oct 2012RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 17 March 2023.

Key facts

Type
1-bed apartment
Size
990 sqft
Floor
5th of 30
Parking
G 362
Developer
Emaar
Completed
2007
Service charge
AED 16,900 /yr
Last sold
AED 1.35M · March 2023

About 503, Golf Towers 3

503 is a one-bedroom apartment of 990 sqft on the 5th floor of Golf Towers 3, a 30-storey tower in The Views completed in 2007 by Emaar. It last sold on 17 March 2023 for AED 1,350,000, or AED 1,363 per sqft, in line with the AED 1,363 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 12 November 2019, is AED 80,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 16,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, September 2009: AED 1,785,000 (AED 1,803 per sqft)Sold, February 2014: AED 1,650,000 (AED 1,666 per sqft)Sold, November 2018: AED 1,225,000 (AED 1,237 per sqft)Sold, March 2023: AED 1,350,000 (AED 1,363 per sqft)

503 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, each contractTypical one-bed in Golf Towers 3
80K100K2012201620202024Typical 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, October 2012: AED 80,000 a yearNew contract, November 2014: AED 105,000 a yearRenewal, November 2015: AED 105,000 a yearRenewal, November 2016: AED 105,000 a yearNew contract, November 2019: AED 80,000 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 503 sits

All 90 1-beds →

503 last sold in March 2023 at AED 1,363 per sqft, in line with what one-beds in Golf Towers 3 were fetching at the time (AED 1,363). 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. 503's AED 80,000 is in the lower half 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 5th floor

All 210 units in Golf Towers 3
Value
5011-bedAED 651K · Oct 2009
5022-bedAED 1.43M · Aug 2010
5043-bedAED 2.15M · Mar 2021
5052-bedAED 2.01M · Oct 2022
5061-bedAED 969K · Jun 2016
5072-bedAED 1.55M · Jun 2021

503, Golf Towers 3 in numbers

  • Sold 4 times: first on 29 September 2009 for AED 1,785,000, last on 17 March 2023 for AED 1,350,000 (AED 1,363 per sqft).
  • Rented since October 2012 on 5 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 16,900 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 17 March 2023.

Questions about 503, Golf Towers 3

What did unit 503 last sell for?

AED 1,350,000 on 17 March 2023: AED 1,363 per sqft for 990 sqft. The unit has 4 registered sales; the first was AED 1,785,000 in September 2009.

What is the rent for unit 503?

AED 80,000 a year on the contract signed on 12 November 2019. The previous contract, from November 2016, was AED 105,000; the unit has been rented since October 2012.

How big is unit 503?

990 sqft (92.0 sqm): a one-bedroom apartment on the 5th floor of a 30-storey tower completed in 2007.

What is unit 503 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 503, Golf Towers 3

Starts from the last sale price (AED 1.35M, 17 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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