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1-bed · 828 sqftGolf Promenade 2B, Damac Hills · 4th floor · completed 2019

403, 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 403 · DLD and Ejari recordsUpdated 30 June 2024
Last soldAED 1.25M29 October 2015
Current rentAED 61K /yr30 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Golf Promenade 2B

What is 403 worth today?

Last sold for AED 1,250,200 in 2015

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30 Jun 2024RentedNew contract
AED 60,500/yr12 months · AED 73 per sqft
1 Jul 2023RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
1 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
29 Oct 2015Sold by developerOff-plan
AED 1,250,200AED 1,509 per sqft

Source: Dubai Land Department. Updated 30 June 2024.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
4th of 12
Parking
P1-28
Developer
DAMAC
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 1.25M · October 2015
Building
Golf Promenade 2B

About 403, Golf Promenade 2B

403 is a one-bedroom apartment of 828 sqft on the 4th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 29 October 2015 for AED 1,250,200, or AED 1,509 per sqft, in line with the AED 1,519 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 30 June 2024, is AED 60,500 a year: a gross yield of 4.8% on the 2015 price, before the service charge of about AED 10,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, October 2015: AED 1,250,200 (AED 1,509 per sqft)

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

Rents
Unit 403, 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, July 2021: AED 50,000 a yearRenewal, July 2023: AED 55,000 a yearNew contract, June 2024: AED 60,500 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 403 sits

All 46 1-beds →

403 last sold in October 2015 at AED 1,509 per sqft, in line with what one-beds in Golf Promenade 2B were fetching at the time (AED 1,519). 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. 403's AED 60,500 is at the bottom 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 4th floor

All 124 units in Golf Promenade 2B
Value
4012-bedAED 1.54M · Jul 2019
402AED 515K · Aug 2025
404StudioAED 843K · Oct 2015
405StudioAED 871K · Dec 2014
406StudioAED 643K · Jul 2023
4071-bedAED 850K · Oct 2024
4081-bedAED 702K · Jan 2021
1–7 of 14

403, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 29 October 2015 for AED 1,250,200, or AED 1,509 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 50,000 to AED 60,500 a year.
  • At AED 60,500 a year the gross yield on the 2015 price is 4.8%, before a service charge of about AED 10,300 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 30 June 2024.

Questions about 403, Golf Promenade 2B

What did unit 403 last sell for?

AED 1,250,200 on 29 October 2015, sold by the developer: AED 1,509 per sqft for 828 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 60,500 a year on the contract signed on 30 June 2024. The previous contract, from July 2023, was AED 55,000; the unit has been rented since July 2021.

How big is unit 403?

828 sqft (76.9 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2019.

What is unit 403 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 403, Golf Promenade 2B

Starts from the last sale price (AED 1.25M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,200
Deposit, UAE resident (20%)
AED 250,040
Deposit, non-resident (40%)
AED 500,080
Monthly over 25 years at 3.7%
AED 5,115

Plus AED 57,518 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →