1-bed · 903 sqftGolf Promenade 2B, Damac Hills · 12th floor · completed 2019

1203, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in December 2020, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 28 September 2025
Last soldAED 1.07M17 December 2020
Current rentAED 75K /yr28 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Golf Promenade 2B

What is 1203 worth today?

Last sold for AED 1,070,000 in 2020

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28 Sep 2025RentedRenewal
AED 75,000/yr12 months · AED 84 per sqft
17 Dec 2020Sold by developerReady
AED 1,070,000AED 1,184 per sqft

Source: Dubai Land Department. Updated 28 September 2025.

Key facts

Type
1-bed apartment
Size
903 sqft
Floor
12th of 12
Parking
P2-72
Developer
DAMAC
Completed
2019
Service charge
AED 11,300 /yr
Last sold
AED 1.07M · December 2020

About 1203, Golf Promenade 2B

1203 is a one-bedroom apartment of 903 sqft on the 12th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 17 December 2020 for AED 1,070,000, or AED 1,184 per sqft, 36% above the AED 870 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 September 2025. The current contract, renewed on 28 September 2025, is AED 75,000 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 11,300 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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 1,070,000 (AED 1,184 per sqft)

1203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, 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 79,000Renewal, September 2025: 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 1203 sits

All 46 1-beds →

1203 last sold in December 2020 at AED 1,184 per sqft, 36% above what one-beds in Golf Promenade 2B were fetching at the time (AED 870). 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. 1203'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 12th floor

All 124 units in Golf Promenade 2B
Value
12013-bedAED 2.16M · Nov 2021
12023-bedAED 1.93M · Sep 2021
12042-bedAED 1.08M · Jan 2021
1205AED 1.03M · Oct 2025
12061-bedAED 711K · Feb 2021
12071-bedAED 667K · Nov 2020

1203, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 17 December 2020 for AED 1,070,000, or AED 1,184 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 7.0%, before a service charge of about AED 11,300 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 28 September 2025.

Questions about 1203, Golf Promenade 2B

What did unit 1203 last sell for?

AED 1,070,000 on 17 December 2020, sold by the developer: AED 1,184 per sqft for 903 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 75,000 a year on the contract renewed on 28 September 2025.

How big is unit 1203?

903 sqft (83.9 sqm): a one-bedroom apartment on the 12th floor of a 12-storey tower completed in 2019.

What is unit 1203 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 1203, Golf Promenade 2B

Starts from the last sale price (AED 1.07M, 17 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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