3-bed · 2,675 sqftGolf Promenade 2A, Damac Hills · 12th floor · completed 2019

1202, Golf Promenade 2A

Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 23 August 2024
Last soldAED 2.12M22 August 2021
Current rentAED 160K /yr23 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Golf Promenade 2A

What is 1202 worth today?

Last sold for AED 2,121,000 in 2021

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23 Aug 2024RentedNew contract
AED 160,000/yr12 months · AED 60 per sqft
22 Aug 2021Sold by developerReady
AED 2,121,000AED 792 per sqft

Source: Dubai Land Department. Updated 23 August 2024.

Key facts

Type
3-bed apartment
Size
2,675 sqft
Floor
12th of 12
Parking
P1-37, P1-43
Developer
DAMAC
Completed
2019
Service charge
AED 33,400 /yr
Last sold
AED 2.12M · August 2021

About 1202, Golf Promenade 2A

1202 is a three-bedroom apartment of 2,675 sqft on the 12th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 22 August 2021 for AED 2,121,000, or AED 792 per sqft.

One Ejari contract is registered, from 23 August 2024. The current contract, signed on 23 August 2024, is AED 160,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 33,400 a year.

Sales and rents for 1202 over time

Rents
Unit 1202, each contractTypical three-bed in Golf Promenade 2A
140K160K180K202120232025Typical rent by year: 2021 AED 135,000; 2023 AED 175,000; 2024 AED 165,000New contract, August 2024: AED 160,000 a year

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

3-beds in Golf Promenade 2A, and where 1202 sits

All 8 3-beds →

Over the last 12 months three-beds sold for AED 4,100,000, around AED 1,041 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Jan 20252,725,000
15 May 20232,611,000
1 Mar 20222,119,740
12 Sep 20211,626,000
1 3-bed sale 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 12th floor

All 124 units in Golf Promenade 2A
Value
12013-bedAED 2.73M · Jan 2025
12031-bedAED 769K · Dec 2020
12042-bedAED 1.08M · Oct 2020
12051-bedAED 833K · Mar 2022
12061-bedAED 857K · Apr 2022
1207AED 1.07M · Sep 2025

1202, Golf Promenade 2A in numbers

  • Sold once: by DAMAC on 22 August 2021 for AED 2,121,000, or AED 792 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 33,400 a year (AED 12.48 per sqft).
  • Three-beds in Golf Promenade 2A sold for AED 4,100,000–4,100,000 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 23 August 2024.

Questions about 1202, Golf Promenade 2A

What did unit 1202 last sell for?

AED 2,121,000 on 22 August 2021, sold by the developer: AED 792 per sqft for 2,675 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 160,000 a year on the contract signed on 23 August 2024.

How big is unit 1202?

2,675 sqft (248.5 sqm): a three-bedroom apartment on the 12th floor of a 12-storey tower completed in 2019.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golf Promenade 2A sold for AED 4,100,000 to 4,100,000 in the last 12 months, around AED 1,041 per sqft.

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Mortgage on 1202, Golf Promenade 2A

Starts from the last sale price (AED 2.12M, 22 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,121,000
Deposit, UAE resident (20%)
AED 424,200
Deposit, non-resident (40%)
AED 848,400
Monthly over 25 years at 3.7%
AED 8,678

Plus AED 94,092 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →