2-bed · 2,283 sqftGolf Towers 3, The Views · Ground floor · completed 2007

G04, Golf Towers 3

Sold prices and rental history: sold twice, last in November 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 14 November 2016
Last soldAED 2.1M14 November 2016
Current rentAED 150K /yr7 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G04, Golf Towers 3

What is G04 worth today?

Last sold for AED 2,100,000 in 2016

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14 Nov 2016SoldReady
AED 2,100,000AED 919 per sqft
7 Nov 2015RentedRenewal
AED 150,000/yr12 months · AED 66 per sqft
7 Nov 2014RentedNew contract
AED 150,000/yr12 months · AED 66 per sqft
17 Jul 2013RentedNew contract
AED 115,000/yr12 months · AED 50 per sqft
8 Dec 2010Sold by developerReady
AED 1,463,888AED 641 per sqft

Source: Dubai Land Department. Updated 14 November 2016.

Key facts

Type
2-bed apartment
Size
2,283 sqft
Floor
Ground of 30
Parking
G 317
Developer
Emaar
Completed
2007
Service charge
AED 39,000 /yr
Last sold
AED 2.1M · November 2016

About G04, Golf Towers 3

G04 is a two-bedroom apartment of 2,283 sqft on the ground floor of Golf Towers 3, a 30-storey tower in The Views completed in 2007 by Emaar. It last sold on 14 November 2016 for AED 2,100,000, or AED 919 per sqft, 43% below the AED 1,604 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 7 November 2015, is AED 150,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 39,000 a year.

Sales and rents for G04 over time

Sales
Unit G04, 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, December 2010: AED 1,463,888 (AED 641 per sqft)Sold, November 2016: AED 2,100,000 (AED 919 per sqft)

G04 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G04, 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 2013: AED 115,000 a yearNew contract, November 2014: AED 150,000 a yearRenewal, November 2015: AED 150,000 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 G04 sits

All 90 2-beds →

G04 last sold in November 2016 at AED 919 per sqft, 43% below what two-beds in Golf Towers 3 were fetching at the time (AED 1,604). 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. G04's AED 150,000 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 ground floor

All 210 units in Golf Towers 3
Value
G022-bedAED 1.42M · Jul 2010
G031-bedAED 2.15M · Feb 2026
G051-bedAED 600K · Jan 2018

G04, Golf Towers 3 in numbers

  • Sold twice: first on 8 December 2010 for AED 1,463,888, last on 14 November 2016 for AED 2,100,000 (AED 919 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, from AED 115,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 39,000 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 14 November 2016.

Questions about G04, Golf Towers 3

What did unit G04 last sell for?

AED 2,100,000 on 14 November 2016: AED 919 per sqft for 2,283 sqft. The unit has 2 registered sales; the first was AED 1,463,888 in December 2010.

What is the rent for unit G04?

AED 150,000 a year on the contract renewed on 7 November 2015. The previous contract, from November 2014, was AED 150,000; the unit has been rented since July 2013.

How big is unit G04?

2,283 sqft (212.1 sqm): a two-bedroom apartment on the ground floor of a 30-storey tower completed in 2007.

What is unit G04 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 G04, Golf Towers 3

Starts from the last sale price (AED 2.1M, 14 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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