1001, Golf Promenade 2B
Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Golf Promenade 2B
What is 1001 worth today?
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Source: Dubai Land Department. Updated 5 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 485 sqft
- Floor
- 10th of 12
- Parking
- P2-38
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 6,100 /yr
- Last sold
- AED 770K · June 2015
- Building
- Golf Promenade 2B
About 1001, Golf Promenade 2B
1001 is a studio of 485 sqft on the 10th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 4 June 2015 for AED 769,500, or AED 1,586 per sqft, in line with the AED 1,573 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 5 May 2024, is AED 45,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 6,100 a year.
Sales and rents for 1001 over time
1001 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 2B, and where 1001 sits
All 40 studios →1001 last sold in June 2015 at AED 1,586 per sqft, in line with what studios in Golf Promenade 2B were fetching at the time (AED 1,573). Over the last 12 months studios sold for AED 520,000, around AED 1,624 per sqft, and rent for AED 44,100 to 60,000 a year. 1001's AED 45,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 320 sqft | 520,000 | 1,624 | ||
| 4 Jun 20254 June 2025 | 533 sqft | 600,000 | 1,125 | ||
| 3 Jun 20253 June 2025 | 329 sqft | 500,000 | 1,520 | ||
| 3 Jun 20253 June 2025 | 320 sqft | 542,000 | 1,693 |
Golf Promenade 2B
Building124 apartments, studios to 3-bed over 12 floors in Damac Hills, completed in 2019 by DAMAC. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,460
- Typical sale
- AED 810K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.1%
Other units on the 10th floor
All 124 units in Golf Promenade 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | Studio | 476 sqft | AED 735KAED 735,300 · Jun 2015June 2015 | 35,000 /yr | |
| 1003 | 1-bed | 958 sqft | AED 1.46MAED 1,456,560 · Nov 2015November 2015 | 75,000 /yr | |
| 1004 | 1-bed | 828 sqft | AED 721KAED 721,200 · Dec 2020December 2020 | 75,000 /yr | |
| 1005 | 1-bed | 798 sqft | AED 1.13MAED 1,129,000 · May 2018May 2018 | ||
| 1006 | 1-bed | 780 sqft | AED 845KAED 845,000 · Sep 2022September 2022 | 83,000 /yr | |
| 1007 | 2-bed | 1,461 sqft | AED 1.24MAED 1,244,000 · Apr 2019April 2019 | 120,000 /yr | |
| 1008 | 1-bed | 732 sqft | AED 1.17MAED 1,167,550 · Aug 2015August 2015 | 72,500 /yr | |
| 1009 | 2-bed | 1,717 sqft | AED 1.57MAED 1,570,000 · Jul 2021July 2021 | 100,000 /yr | |
| 1010 | 3-bed | 2,259 sqft | AED 2.4MAED 2,400,000 · Sep 2023September 2023 | 120,000 /yr |
1001, Golf Promenade 2B in numbers
- Sold once: by DAMAC on 4 June 2015 for AED 769,500, or AED 1,586 per sqft.
- Rented since April 2022 on 3 Ejari contracts, from AED 35,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 6,100 a year (AED 12.48 per sqft).
- Studios in Golf Promenade 2B sold for AED 520,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 1,460 per sqft.
Source: Dubai Land Department. Updated 5 May 2024.
Questions about 1001, Golf Promenade 2B
What did unit 1001 last sell for?
AED 769,500 on 4 June 2015, sold by the developer: AED 1,586 per sqft for 485 sqft. It is the only registered sale of the unit.
What is the rent for unit 1001?
AED 45,000 a year on the contract renewed on 5 May 2024. The previous contract, from May 2023, was AED 40,000; the unit has been rented since April 2022.
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 2B sold for AED 520,000 to 520,000 in the last 12 months, around AED 1,624 per sqft.
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Mortgage on 1001, Golf Promenade 2B
Starts from the last sale price (AED 770K, 4 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 769,500
- Deposit, UAE resident (20%)
- AED 153,900
- Deposit, non-resident (40%)
- AED 307,800
- Monthly over 25 years at 3.7%
- AED 3,148
Plus AED 37,329 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →