1-bed · 802 sqftGolf Promenade 2B, Damac Hills · 12th floor · completed 2019

1206, Golf Promenade 2B

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

Unit 1206 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 711K25 February 2021
Current rentAED 74K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Golf Promenade 2B

What is 1206 worth today?

Last sold for AED 711,000 in 2021

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1 Jan 2025RentedRenewal
AED 73,500/yr12 months · AED 92 per sqft
1 Jan 2024RentedRenewal
AED 73,500/yr12 months · AED 92 per sqft
1 Jan 2023RentedRenewal
AED 73,500/yr12 months · AED 92 per sqft
1 Jan 2023RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
15 Dec 2021RentedNew contract
AED 58,000/yr12 months · AED 73 per sqft
25 Feb 2021Sold by developerReady
AED 711,000AED 886 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
12th of 12
Parking
P2-75
Developer
DAMAC
Completed
2019
Service charge
AED 10,000 /yr
Last sold
AED 711K · February 2021

About 1206, Golf Promenade 2B

1206 is a one-bedroom apartment of 802 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 25 February 2021 for AED 711,000, or AED 886 per sqft, in line with the AED 870 one-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 January 2025, is AED 73,500 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, February 2021: AED 711,000 (AED 886 per sqft)

1206 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, 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, December 2021: AED 58,000 a yearRenewal, January 2023: AED 73,500 a yearNew contract, January 2023: AED 70,000 a yearRenewal, January 2024: AED 73,500 a yearRenewal, January 2025: AED 73,500 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 1206 sits

All 46 1-beds →

1206 last sold in February 2021 at AED 886 per sqft, in line with 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 1,295 per sqft, and rent for AED 72,998 to 83,000 a year. 1206's AED 73,500 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
1 1-bed sale 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
12042-bedAED 1.08M · Jan 2021
1205AED 1.03M · Oct 2025
12071-bedAED 667K · Nov 2020

1206, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 25 February 2021 for AED 711,000, or AED 886 per sqft.
  • Rented since December 2021 on 5 Ejari contracts, from AED 58,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2021 price is 10.3%, before a service charge of about AED 10,000 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 1,460 per sqft.

Source: Dubai Land Department. Updated 1 January 2025.

Questions about 1206, Golf Promenade 2B

What did unit 1206 last sell for?

AED 711,000 on 25 February 2021, sold by the developer: AED 886 per sqft for 802 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 73,500 a year on the contract renewed on 1 January 2025. The previous contract, from January 2024, was AED 73,500; the unit has been rented since December 2021.

How big is unit 1206?

802 sqft (74.5 sqm): a one-bedroom apartment on the 12th floor of a 12-storey tower completed in 2019.

What is unit 1206 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 1,295 per sqft.

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Mortgage on 1206, Golf Promenade 2B

Starts from the last sale price (AED 711K, 25 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 711,000
Deposit, UAE resident (20%)
AED 142,200
Deposit, non-resident (40%)
AED 284,400
Monthly over 25 years at 3.7%
AED 2,909

Plus AED 34,872 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →