3-bed · 3,304 sqftGolf Promenade 2A, Damac Hills · 3rd floor · completed 2019

301, Golf Promenade 2A

Sold prices and rental history: sold once, by the developer in May 2023, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 12 December 2023
Last soldAED 2.61M15 May 2023
Current rentAED 170K /yr12 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Golf Promenade 2A

What is 301 worth today?

Last sold for AED 2,611,000 in 2023

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12 Dec 2023RentedNew contract
AED 170,000/yr12 months · AED 51 per sqft
15 May 2023Sold by developerReady
AED 2,611,000AED 790 per sqft

Source: Dubai Land Department. Updated 12 December 2023.

Key facts

Type
3-bed apartment
Size
3,304 sqft
Floor
3rd of 12
Parking
G-45, G-51
Developer
DAMAC
Completed
2019
Service charge
AED 41,200 /yr
Last sold
AED 2.61M · May 2023

About 301, Golf Promenade 2A

301 is a three-bedroom apartment of 3,304 sqft on the 3rd floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 15 May 2023 for AED 2,611,000, or AED 790 per sqft.

One Ejari contract is registered, from 12 December 2023. The current contract, signed on 12 December 2023, is AED 170,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 41,200 a year.

Sales and rents for 301 over time

Rents
Unit 301, each contractTypical three-bed in Golf Promenade 2A
140K160K180K20212022202320242025Typical rent by year: 2021 AED 135,000; 2023 AED 175,000; 2024 AED 165,000New contract, December 2023: AED 170,000 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 301 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
1 Mar 20222,119,740
12 Sep 20211,626,000
4 Sep 20211,642,000
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 3rd floor

All 124 units in Golf Promenade 2A
Value
3031-bedAED 925K · Feb 2022
304StudioAED 643K · Jul 2023
305AED 600K · Nov 2025
306StudioAED 705K · Aug 2023
3071-bedAED 1.22M · Oct 2021
308StudioAED 662K · Oct 2021
309StudioAED 878K · Jul 2015
1–7 of 13

301, Golf Promenade 2A in numbers

  • Sold once: by DAMAC on 15 May 2023 for AED 2,611,000, or AED 790 per sqft.
  • Rented since December 2023 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 41,200 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 12 December 2023.

Questions about 301, Golf Promenade 2A

What did unit 301 last sell for?

AED 2,611,000 on 15 May 2023, sold by the developer: AED 790 per sqft for 3,304 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 170,000 a year on the contract signed on 12 December 2023.

How big is unit 301?

3,304 sqft (307.0 sqm): a three-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2019.

What is unit 301 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 301, Golf Promenade 2A

Starts from the last sale price (AED 2.61M, 15 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,611,000
Deposit, UAE resident (20%)
AED 522,200
Deposit, non-resident (40%)
AED 1,044,400
Monthly over 25 years at 3.7%
AED 10,682

Plus AED 114,672 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →