1-bed · 853 sqftGolf Promenade 2A, Damac Hills · 6th floor · completed 2019

603, Golf Promenade 2A

Sold prices and rental history: sold once, by the developer in June 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 20 April 2024
Last soldAED 1.34M24 June 2014
Current rentAED 80K /yr20 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Golf Promenade 2A

What is 603 worth today?

Last sold for AED 1,339,500 in 2014

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20 Apr 2024RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
4 Mar 2022RentedRenewal
AED 52,800/yr12 months · AED 62 per sqft
24 Jun 2014Sold by developerOff-plan
AED 1,339,500AED 1,569 per sqft

Source: Dubai Land Department. Updated 20 April 2024.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
6th of 12
Parking
G-21
Developer
DAMAC
Completed
2019
Service charge
AED 10,700 /yr
Last sold
AED 1.34M · June 2014

About 603, Golf Promenade 2A

603 is a one-bedroom apartment of 853 sqft on the 6th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 24 June 2014 for AED 1,339,500, or AED 1,569 per sqft, in line with the AED 1,592 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 20 April 2024, is AED 80,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 10,700 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Golf Promenade 2A
1M20142017202020232026Typical sale price by year: 2014 AED 1,372,750; 2015 AED 1,256,850; 2016 AED 1,233,608; 2018 AED 1,123,260; 2019 AED 1,144,000; 2020 AED 812,000; 2021 AED 923,000; 2022 AED 858,000; 2024 AED 1,285,700; 2025 AED 965,000Sold by developer, June 2014: AED 1,339,500 (AED 1,569 per sqft)

603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 603, each contractTypical one-bed in Golf Promenade 2A
60K80K202120232025Typical rent by year: 2021 AED 51,000; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 71,500; 2025 AED 75,000Renewal, March 2022: AED 52,800 a yearNew contract, April 2024: AED 80,000 a year

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

1-beds in Golf Promenade 2A, and where 603 sits

All 50 1-beds →

603 last sold in June 2014 at AED 1,569 per sqft, in line with what one-beds in Golf Promenade 2A were fetching at the time (AED 1,592). 603's AED 80,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20251,000,000
8 May 2025990,000
18 Feb 2025940,000
23 Jan 2025870,000
0 1-bed 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 6th floor

All 124 units in Golf Promenade 2A
Value
6012-bedAED 1.75M · Oct 2023
6022-bedAED 1.63M · May 2024
604StudioAED 626K · Mar 2024
605StudioAED 833K · Dec 2014
606StudioAED 500K · Nov 2023
6071-bedAED 851K · Jul 2022
6081-bedAED 874K · Apr 2022
1–7 of 14

603, Golf Promenade 2A in numbers

  • Sold once: by DAMAC on 24 June 2014 for AED 1,339,500, or AED 1,569 per sqft.
  • Rented since March 2022 on 2 Ejari contracts, from AED 52,800 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 10,700 a year (AED 12.48 per sqft).

Source: Dubai Land Department. Updated 20 April 2024.

Questions about 603, Golf Promenade 2A

What did unit 603 last sell for?

AED 1,339,500 on 24 June 2014, sold by the developer: AED 1,569 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 80,000 a year on the contract signed on 20 April 2024. The previous contract, from March 2022, was AED 52,800.

How big is unit 603?

853 sqft (79.2 sqm): a one-bedroom apartment on the 6th floor of a 12-storey tower completed in 2019.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 603, Golf Promenade 2A

Starts from the last sale price (AED 1.34M, 24 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,339,500
Deposit, UAE resident (20%)
AED 267,900
Deposit, non-resident (40%)
AED 535,800
Monthly over 25 years at 3.7%
AED 5,480

Plus AED 61,269 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →