Studio · 485 sqftGolf Promenade 2A, Damac Hills · 10th floor · completed 2019

1001, Golf Promenade 2A

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1001 · DLD and Ejari recordsUpdated 10 September 2024

Last soldAED 345K31 March 2021

Current rentAED 50K /yr10 September 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1001, Golf Promenade 2A

Today

What is 1001 worth today?

Last sold for AED 345,000 in 2021

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10 Sep 2024

10 Sep 2024RentedNew contract

AED 50,000/yr12 months · AED 103 per sqft

1 Aug 2022

1 Aug 2022RentedNew contract

AED 29,500/yr12 months · AED 61 per sqft

5 Apr 2022

5 Apr 2022RentedRenewal

AED 31,050/yr12 months · AED 64 per sqft

5 Apr 2021

5 Apr 2021RentedNew contract

AED 27,000/yr12 months · AED 56 per sqft

31 Mar 2021

31 Mar 2021SoldReady

AED 345,000AED 711 per sqft

5 May 2019

5 May 2019Sold by developerOff-plan

AED 688,000AED 1,418 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type: Studio apartment
Size: 485 sqft
Floor: 10th of 12
Parking: nan
Developer: DAMAC
Completed: 2019
Service charge: AED 6,100 /yr
Last sold: AED 345K · March 2021
Building: Golf Promenade 2A

About 1001, Golf Promenade 2A

1001 is a studio of 485 sqft on the 10th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 31 March 2021 for AED 345,000, or AED 711 per sqft.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 September 2024, is AED 50,000 a year: a gross yield of 14.5% on the 2021 price, before the service charge of about AED 6,100 a year.

Sales and rents for 1001 over time

Sales

Unit 1001, each saleTypical studio in Golf Promenade 2A

1001 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1001, each contractTypical studio in Golf Promenade 2A

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

Studios in Golf Promenade 2A, and where 1001 sits

All 37 studios →

Studios in Golf Promenade 2A · last 12 months1,104 /sqft Golf Promenade 2A · all types1,065 /sqft

Over the last 12 months studios sold for AED 600,000, around AED 1,104 per sqft, and rent for AED 36,000 to 50,000 a year. 1001's AED 50,000 is at the top of that range.

Recent studio sales	Size	Price (AED)	Per sqft
18 Feb 202618 February 2026	525 sqft	600,000	1,143
10 Jul 202510 July 2025	525 sqft	620,000	1,180
10 Mar 202510 March 2025	320 sqft	520,000	1,624
23 May 202423 May 2024	525 sqft	580,000	1,103

2 studio sales in the last 12 months

Golf Promenade 2A

Building

124 apartments, studios to 3-bed over 12 floors in Damac Hills, completed in 2019 by DAMAC. 3 sold in the last 12 months.

Typical price per sqft: AED 1,065
Typical sale: AED 600K
Typical rent: AED 75K /yr
Typical yield: 9.1%

Golf Promenade 2A, Damac Hills: prices, sales and rents →

Other units on the 10th floor

All 124 units in Golf Promenade 2A


1002	Studio	476 sqft	AED 345KAED 345,000 · Mar 2021March 2021	36,000 /yr
1003	1-bed	958 sqft	AED 812KAED 812,000 · Dec 2020December 2020
1004	1-bed	828 sqft	AED 1.21MAED 1,211,000 · Apr 2019April 2019	86,400 /yr
1005	1-bed	798 sqft	AED 1MAED 1,000,000 · Jun 2025June 2025	75,000 /yr
1006	1-bed	780 sqft	AED 1.14MAED 1,144,000 · May 2019May 2019	65,000 /yr
1007	2-bed	1,461 sqft	AED 1.43MAED 1,430,000 · Sep 2023September 2023	105,000 /yr
1008	1-bed	732 sqft	AED 1.07MAED 1,071,000 · Apr 2019April 2019	75,000 /yr
1009	2-bed	1,717 sqft	AED 1.65MAED 1,650,000 · Aug 2023August 2023
1010	3-bed	2,259 sqft	AED 1.62MAED 1,620,190 · Jun 2021June 2021

1–7 of 9

1001, Golf Promenade 2A in numbers

Sold twice: first on 5 May 2019 for AED 688,000, last on 31 March 2021 for AED 345,000 (AED 711 per sqft).
Rented since April 2021 on 4 Ejari contracts, from AED 27,000 to AED 50,000 a year.
At AED 50,000 a year the gross yield on the 2021 price is 14.5%, before a service charge of about AED 6,100 a year (AED 12.48 per sqft).
Studios in Golf Promenade 2A sold for AED 600,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 1,065 per sqft.

Source: Dubai Land Department. Updated 10 September 2024.

Questions about 1001, Golf Promenade 2A

What did unit 1001 last sell for?

AED 345,000 on 31 March 2021: AED 711 per sqft for 485 sqft. The unit has 2 registered sales; the first was AED 688,000 in May 2019.

What is the rent for unit 1001?

AED 50,000 a year on the contract signed on 10 September 2024. The previous contract, from August 2022, was AED 29,500; the unit has been rented since April 2021.

How big is unit 1001?

485 sqft (45.1 sqm): a studio on the 10th floor of a 12-storey tower completed in 2019.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 2A sold for AED 600,000 to 600,000 in the last 12 months, around AED 1,104 per sqft.

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Mortgage on 1001, Golf Promenade 2A

Starts from the last sale price (AED 345K, 31 March 2021). Switch to today's estimate once you have unlocked it.

Price: AED 345,000
Deposit, UAE resident (20%): AED 69,000
Deposit, non-resident (40%): AED 138,000
Monthly over 25 years at 3.7%: AED 1,412

Plus AED 17,400 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →