2-bed · 1,461 sqftGolf Promenade 2B, Damac Hills · 10th floor · completed 2019

1007, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in April 2019, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 1.24M21 April 2019
Current rentAED 120K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Golf Promenade 2B

What is 1007 worth today?

Last sold for AED 1,244,000 in 2019

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15 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 82 per sqft
21 Apr 2019Sold by developerOff-plan
AED 1,244,000AED 851 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
1,461 sqft
Floor
10th of 12
Parking
P2-56
Developer
DAMAC
Completed
2019
Service charge
AED 18,200 /yr
Last sold
AED 1.24M · April 2019

About 1007, Golf Promenade 2B

1007 is a two-bedroom apartment of 1,461 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 21 April 2019 for AED 1,244,000, or AED 851 per sqft.

One Ejari contract is registered, from 15 November 2024. The current contract, signed on 15 November 2024, is AED 120,000 a year: a gross yield of 9.7% on the 2019 price, before the service charge of about AED 18,200 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical two-bed in Golf Promenade 2B
1.25M1.5M1.75M2019202120232025Typical sale price by year: 2019 AED 1,539,500; 2020 AED 1,312,500; 2021 AED 1,389,150; 2023 AED 1,350,000; 2024 AED 1,760,000Sold by developer, April 2019: AED 1,244,000 (AED 851 per sqft)

1007 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, each contractTypical two-bed in Golf Promenade 2B
100K125K202120232025Typical rent by year: 2021 AED 85,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 120,000; 2025 AED 135,000New contract, November 2024: AED 120,000 a year

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

2-beds in Golf Promenade 2B, and where 1007 sits

All 21 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20241,760,000
24 Apr 20241,650,000
3 Apr 20241,950,000
19 Jul 20231,350,000
0 2-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
10041-bedAED 721K · Dec 2020
10051-bedAED 1.13M · May 2018
10061-bedAED 845K · Sep 2022
10081-bedAED 1.17M · Aug 2015
1–7 of 9

1007, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 21 April 2019 for AED 1,244,000, or AED 851 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2019 price is 9.7%, before a service charge of about AED 18,200 a year (AED 12.48 per sqft).

Source: Dubai Land Department. Updated 15 November 2024.

Questions about 1007, Golf Promenade 2B

What did unit 1007 last sell for?

AED 1,244,000 on 21 April 2019, sold by the developer: AED 851 per sqft for 1,461 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 120,000 a year on the contract signed on 15 November 2024.

How big is unit 1007?

1,461 sqft (135.7 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower completed in 2019.

What is unit 1007 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 1007, Golf Promenade 2B

Starts from the last sale price (AED 1.24M, 21 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,244,000
Deposit, UAE resident (20%)
AED 248,800
Deposit, non-resident (40%)
AED 497,600
Monthly over 25 years at 3.7%
AED 5,090

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →