2-bed · 1,409 sqftGolf Promenade 2B, Damac Hills · 12th floor · completed 2019

1204, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in January 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.08M3 January 2021
Current rentAED 104K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Golf Promenade 2B

What is 1204 worth today?

Last sold for AED 1,081,000 in 2021

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1 Sep 2025RentedRenewal
AED 104,212/yr12 months · AED 74 per sqft
1 Sep 2024RentedRenewal
AED 99,225/yr12 months · AED 70 per sqft
1 Sep 2023RentedRenewal
AED 94,500/yr12 months · AED 67 per sqft
1 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
1 Aug 2021RentedNew contract
AED 74,000/yr12 months · AED 53 per sqft
3 Jan 2021Sold by developerReady
AED 1,081,000AED 767 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
12th of 12
Parking
P2-73
Developer
DAMAC
Completed
2019
Service charge
AED 17,600 /yr
Last sold
AED 1.08M · January 2021

About 1204, Golf Promenade 2B

1204 is a two-bedroom apartment of 1,409 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 3 January 2021 for AED 1,081,000, or AED 767 per sqft, in line with the AED 765 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 104,212 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 17,600 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Golf Promenade 2B
1M1.5M2019202120232025Typical 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, January 2021: AED 1,081,000 (AED 767 per sqft)

1204 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Golf Promenade 2B
100K202120232025Typical rent by year: 2021 AED 85,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 120,000; 2025 AED 135,000New contract, August 2021: AED 74,000 a yearNew contract, September 2022: AED 90,000 a yearRenewal, September 2023: AED 94,500 a yearRenewal, September 2024: AED 99,225 a yearRenewal, September 2025: AED 104,212 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 1204 sits

All 21 2-beds →

1204 last sold in January 2021 at AED 767 per sqft, in line with what two-beds in Golf Promenade 2B were fetching at the time (AED 765).

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. 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%
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
12031-bedAED 1.07M · Dec 2020
1205AED 1.03M · Oct 2025
12061-bedAED 711K · Feb 2021
12071-bedAED 667K · Nov 2020

1204, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 3 January 2021 for AED 1,081,000, or AED 767 per sqft.
  • Rented since August 2021 on 5 Ejari contracts, from AED 74,000 to AED 104,212 a year.
  • At AED 104,212 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 17,600 a year (AED 12.48 per sqft).

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 1204, Golf Promenade 2B

What did unit 1204 last sell for?

AED 1,081,000 on 3 January 2021, sold by the developer: AED 767 per sqft for 1,409 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 104,212 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 99,225; the unit has been rented since August 2021.

How big is unit 1204?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2019.

What is unit 1204 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 1204, Golf Promenade 2B

Starts from the last sale price (AED 1.08M, 3 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,081,000
Deposit, UAE resident (20%)
AED 216,200
Deposit, non-resident (40%)
AED 432,400
Monthly over 25 years at 3.7%
AED 4,423

Plus AED 50,412 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →