505, Golf Towers 3
Sold prices and rental history: sold 5 times, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Golf Towers 3
What is 505 worth today?
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Source: Dubai Land Department. Updated 11 October 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,305 sqft
- Floor
- 5th of 30
- Parking
- G 274
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 22,300 /yr
- Last sold
- AED 2.01M · October 2022
- Building
- Golf Towers 3
About 505, Golf Towers 3
505 is a two-bedroom apartment of 1,305 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 11 October 2022 for AED 2,005,000, or AED 1,536 per sqft, 8% above the AED 1,428 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 March 2022, is AED 82,008 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 22,300 a year.
Sales and rents for 505 over time
505 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 505 sits
All 90 2-beds →505 last sold in October 2022 at AED 1,536 per sqft, 8% above what two-beds in Golf Towers 3 were fetching at the time (AED 1,428). 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. 505's AED 82,008 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,318 sqft | 2,650,000 | 2,010 | ||
| 10 Jul 202610 July 2026 | 1,305 sqft | 2,300,000 | 1,762 | ||
| 25 Feb 202625 February 2026 | 1,620 sqft | 3,800,000 | 2,345 | ||
| 5 Jan 20265 January 2026 | 1,305 sqft | 2,725,000 | 2,088 |
Golf Towers 3
Building210 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%
Other units on the 5th floor
All 210 units in Golf Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 962 sqft | AED 651KAED 650,888 · Oct 2009October 2009 | 110,000 /yr | |
| 502 | 2-bed | 1,620 sqft | AED 1.43MAED 1,430,888 · Aug 2010August 2010 | 180,000 /yr | |
| 503 | 1-bed | 990 sqft | AED 1.35MAED 1,350,000 · Mar 2023March 2023 | 80,000 /yr | |
| 504 | 3-bed | 2,017 sqft | AED 2.15MAED 2,150,000 · Mar 2021March 2021 | 240,000 /yr | |
| 506 | 1-bed | 760 sqft | AED 969KAED 968,965 · Jun 2016June 2016 | 105,000 /yr | |
| 507 | 2-bed | 1,318 sqft | AED 1.55MAED 1,550,000 · Jun 2021June 2021 | 105,000 /yr |
505, Golf Towers 3 in numbers
- Sold 5 times: first on 3 August 2008 for AED 892,888, last on 11 October 2022 for AED 2,005,000 (AED 1,536 per sqft).
- Rented since October 2013 on 8 Ejari contracts, from AED 140,000 to AED 82,008 a year.
- At AED 82,008 a year the gross yield on the 2022 price is 4.1%, 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 11 October 2022.
Questions about 505, Golf Towers 3
What did unit 505 last sell for?
AED 2,005,000 on 11 October 2022: AED 1,536 per sqft for 1,305 sqft. The unit has 5 registered sales; the first was AED 892,888 in August 2008.
What is the rent for unit 505?
AED 82,008 a year on the contract renewed on 1 March 2022. The previous contract, from March 2021, was AED 82,000; the unit has been rented since October 2013.
How big is unit 505?
1,305 sqft (121.2 sqm): a two-bedroom apartment on the 5th floor of a 30-storey tower completed in 2007.
What is unit 505 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 505, Golf Towers 3
Starts from the last sale price (AED 2.01M, 11 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,005,000
- Deposit, UAE resident (20%)
- AED 401,000
- Deposit, non-resident (40%)
- AED 802,000
- Monthly over 25 years at 3.7%
- AED 8,203
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →