1-bed · 828 sqftGolf Promenade 2B, Damac Hills · 10th floor · completed 2019

1004, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in December 2020, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 721K13 December 2020
Current rentAED 75K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Golf Promenade 2B

What is 1004 worth today?

Last sold for AED 721,200 in 2020

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10 May 2024RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
13 Dec 2020Sold by developerReady
AED 721,200AED 870 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
10th of 12
Parking
P2-53
Developer
DAMAC
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 721K · December 2020

About 1004, Golf Promenade 2B

1004 is a one-bedroom apartment of 828 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 13 December 2020 for AED 721,200, or AED 870 per sqft.

One Ejari contract is registered, from 10 May 2024. The current contract, signed on 10 May 2024, is AED 75,000 a year: a gross yield of 10.4% on the 2020 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Golf Promenade 2B
1M2015201820212024Typical sale price by year: 2015 AED 1,268,725; 2016 AED 1,269,450; 2018 AED 1,129,080; 2019 AED 1,271,000; 2020 AED 721,200; 2021 AED 702,000; 2022 AED 921,000; 2023 AED 911,000; 2024 AED 887,500; 2025 AED 1,000,000Sold by developer, December 2020: AED 721,200 (AED 870 per sqft)

1004 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Golf Promenade 2B
60K80K2021202320252027Typical rent by year: 2021 AED 50,000; 2022 AED 56,250; 2023 AED 65,000; 2024 AED 71,750; 2025 AED 73,500; 2026 AED 79,000New contract, May 2024: AED 75,000 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 2B, and where 1004 sits

All 46 1-beds →

Over the last 12 months one-beds sold for AED 1,100,000, around AED 1,350 per sqft, and rent for AED 72,998 to 83,000 a year. 1004's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20261,100,000
15 Jul 2025950,000
4 Jul 20251,000,000
29 Apr 20251,075,000
2 1-bed sales in the last 12 months

Golf Promenade 2B

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 1,404
Typical sale
AED 1.1M
Typical rent
AED 60K /yr
Typical yield
7.4%
Golf Promenade 2B, Damac Hills: prices, sales and rents →

Other units on the 10th floor

All 124 units in Golf Promenade 2B
Value
1001StudioAED 770K · Jun 2015
1002StudioAED 735K · Jun 2015
10031-bedAED 1.46M · Nov 2015
10051-bedAED 1.13M · May 2018
10061-bedAED 845K · Sep 2022
10072-bedAED 1.24M · Apr 2019
10081-bedAED 1.17M · Aug 2015
1–7 of 9

1004, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 13 December 2020 for AED 721,200, or AED 870 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 10.4%, before a service charge of about AED 10,300 a year (AED 12.48 per sqft).
  • One-beds in Golf Promenade 2B sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,404 per sqft.

Source: Dubai Land Department. Updated 10 May 2024.

Questions about 1004, Golf Promenade 2B

What did unit 1004 last sell for?

AED 721,200 on 13 December 2020, sold by the developer: AED 870 per sqft for 828 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 75,000 a year on the contract signed on 10 May 2024.

How big is unit 1004?

828 sqft (76.9 sqm): a one-bedroom apartment on the 10th floor of a 12-storey tower completed in 2019.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Promenade 2B sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 1,350 per sqft.

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Mortgage on 1004, Golf Promenade 2B

Starts from the last sale price (AED 721K, 13 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 721,200
Deposit, UAE resident (20%)
AED 144,240
Deposit, non-resident (40%)
AED 288,480
Monthly over 25 years at 3.7%
AED 2,951

Plus AED 35,300 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →