Studio · 460 sqftGolf Promenade 2B, Damac Hills · 3rd floor · completed 2019

308, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 721K28 October 2015
Current rentAED 37K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Golf Promenade 2B

What is 308 worth today?

Last sold for AED 721,050 in 2015

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20 Jul 2024RentedRenewal
AED 37,065/yr12 months · AED 81 per sqft
20 Jul 2023RentedRenewal
AED 35,300/yr12 months · AED 77 per sqft
20 Jul 2021RentedNew contract
AED 32,000/yr12 months · AED 70 per sqft
28 Oct 2015Sold by developerOff-plan
AED 721,050AED 1,568 per sqft

Source: Dubai Land Department. Updated 20 July 2024.

Key facts

Type
Studio apartment
Size
460 sqft
Floor
3rd of 12
Parking
P1-23A
Developer
DAMAC
Completed
2019
Service charge
AED 5,700 /yr
Last sold
AED 721K · October 2015

About 308, Golf Promenade 2B

308 is a studio of 460 sqft on the 3rd floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 28 October 2015 for AED 721,050, or AED 1,568 per sqft, in line with the AED 1,561 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 37,065 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 5,700 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical studio in Golf Promenade 2B
600K700K2015201820212024Typical sale price by year: 2015 AED 750,500; 2016 AED 735,300; 2023 AED 640,920; 2024 AED 600,000; 2025 AED 571,000Sold by developer, October 2015: AED 721,050 (AED 1,568 per sqft)

308 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 308, each contractTypical studio in Golf Promenade 2B
30K40K50K2021202320252027Typical rent by year: 2021 AED 30,000; 2022 AED 31,025; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 44,000; 2026 AED 48,000New contract, July 2021: AED 32,000 a yearRenewal, July 2023: AED 35,300 a yearRenewal, July 2024: AED 37,065 a year

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

Studios in Golf Promenade 2B, and where 308 sits

All 40 studios →

308 last sold in October 2015 at AED 1,568 per sqft, in line with what studios in Golf Promenade 2B were fetching at the time (AED 1,561). Over the last 12 months studios sold for AED 520,000, around AED 1,624 per sqft, and rent for AED 44,100 to 60,000 a year. 308's AED 37,065 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jan 2026520,000
4 Jun 2025600,000
3 Jun 2025500,000
3 Jun 2025542,000
1 studio 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. 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 3rd floor

All 124 units in Golf Promenade 2B
Value
3013-bedAED 2.56M · Nov 2022
3021-bedAED 1.16M · Nov 2022
303StudioAED 772K · Aug 2023
304StudioAED 635K · Oct 2024
305StudioAED 827K · Oct 2017
306StudioAED 884K · Sep 2015
307AED 1.13M · Sep 2025
1–7 of 13

308, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 28 October 2015 for AED 721,050, or AED 1,568 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 32,000 to AED 37,065 a year.
  • At AED 37,065 a year the gross yield on the 2015 price is 5.1%, before a service charge of about AED 5,700 a year (AED 12.48 per sqft).
  • Studios in Golf Promenade 2B sold for AED 520,000–520,000 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 20 July 2024.

Questions about 308, Golf Promenade 2B

What did unit 308 last sell for?

AED 721,050 on 28 October 2015, sold by the developer: AED 1,568 per sqft for 460 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 37,065 a year on the contract renewed on 20 July 2024. The previous contract, from July 2023, was AED 35,300; the unit has been rented since July 2021.

How big is unit 308?

460 sqft (42.7 sqm): a studio on the 3rd floor of a 12-storey tower completed in 2019.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 2B sold for AED 520,000 to 520,000 in the last 12 months, around AED 1,624 per sqft.

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Mortgage on 308, Golf Promenade 2B

Starts from the last sale price (AED 721K, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 721,050
Deposit, UAE resident (20%)
AED 144,210
Deposit, non-resident (40%)
AED 288,420
Monthly over 25 years at 3.7%
AED 2,950

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