703, Golf Promenade 2A
Sold prices and rental history: sold once, by the developer in May 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Golf Promenade 2A
What is 703 worth today?
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Source: Dubai Land Department. Updated 27 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 463 sqft
- Floor
- 7th of 12
- Parking
- G-35
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 5,800 /yr
- Last sold
- AED 829K · May 2014
- Building
- Golf Promenade 2A
About 703, Golf Promenade 2A
703 is a studio of 463 sqft on the 7th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 28 May 2014 for AED 829,350, or AED 1,791 per sqft.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 27 March 2024, is AED 40,000 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 5,800 a year.
Sales and rents for 703 over time
703 has sold once; the dashed line is the studio median of each year in the building.
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 703 sits
All 37 studios →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. 703's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Golf Promenade 2A
Building124 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%
Other units on the 7th floor
All 124 units in Golf Promenade 2A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 329 sqft | AED 513KAED 513,000 · Aug 2015August 2015 | ||
| 702 | Studio | 389 sqft | AED 490KAED 490,000 · Feb 2024February 2024 | 50,000 /yr | |
| 704 | Studio | 525 sqft | AED 620KAED 620,000 · Jul 2025July 2025 | 48,000 /yr | |
| 705 | 1-bed | 816 sqft | AED 1.26MAED 1,256,850 · Oct 2015October 2015 | 79,000 /yr | |
| 706 | 1-bed | 848 sqft | AED 870KAED 870,000 · Jan 2025January 2025 | 70,000 /yr | |
| 707 | 1-bed | 850 sqft | AED 1.41MAED 1,406,000 · Jun 2014June 2014 | 70,000 /yr | |
| 708 | 1-bed | 991 sqft | AED 1.48MAED 1,479,680 · Nov 2015November 2015 | 75,000 /yr | |
| 709 | 493 sqft | AED 615KAED 615,000 · Aug 2025August 2025 | 50,000 /yr | ||
| 710 | 1-bed | 852 sqft | AED 900KAED 900,000 · Apr 2022April 2022 | 75,000 /yr | |
| 711 | 1-bed | 726 sqft | AED 1.1MAED 1,102,000 · Jun 2015June 2015 | 70,000 /yr | |
| 712 | 2-bed | 1,631 sqft | AED 2.05MAED 2,050,000 · Dec 2024December 2024 | 90,000 /yr | |
| 713 | 1,367 sqft | AED 1.24MAED 1,242,000 · Dec 2021December 2021 | 140,000 /yr | ||
| 703A | Studio | 490 sqft | AED 450KAED 450,000 · Nov 2023November 2023 | 48,000 /yr | |
| 703B | Studio | 464 sqft | AED 710KAED 709,650 · Oct 2015October 2015 |
703, Golf Promenade 2A in numbers
- Sold once: by DAMAC on 28 May 2014 for AED 829,350, or AED 1,791 per sqft.
- Rented since April 2022 on 3 Ejari contracts, from AED 33,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 5,800 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 27 March 2024.
Questions about 703, Golf Promenade 2A
What did unit 703 last sell for?
AED 829,350 on 28 May 2014, sold by the developer: AED 1,791 per sqft for 463 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 40,000 a year on the contract renewed on 27 March 2024. The previous contract, from March 2023, was AED 38,000; the unit has been rented since April 2022.
How big is unit 703?
463 sqft (43.0 sqm): a studio on the 7th floor of a 12-storey tower completed in 2019.
What is unit 703 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 703, Golf Promenade 2A
Starts from the last sale price (AED 829K, 28 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 829,350
- Deposit, UAE resident (20%)
- AED 165,870
- Deposit, non-resident (40%)
- AED 331,740
- Monthly over 25 years at 3.7%
- AED 3,393
Plus AED 39,843 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →