1-bed · 818 sqftGolf Promenade 2B, Damac Hills · 4th floor · completed 2019

408, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in January 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 702K4 January 2021
Current rentAED 70K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Golf Promenade 2B

What is 408 worth today?

Last sold for AED 702,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2025RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
15 Jun 2024RentedRenewal
AED 63,000/yr12 months · AED 77 per sqft
15 Jun 2023RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
20 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
4 Jan 2021Sold by developerReady
AED 702,000AED 857 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
4th of 12
Parking
P1-46
Developer
DAMAC
Completed
2019
Service charge
AED 10,200 /yr
Last sold
AED 702K · January 2021

About 408, Golf Promenade 2B

408 is a one-bedroom apartment of 818 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 4 January 2021 for AED 702,000, or AED 857 per sqft, in line with the AED 864 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 September 2025, is AED 70,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 10,200 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, January 2021: AED 702,000 (AED 857 per sqft)

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

Rents
Unit 408, 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, March 2022: AED 50,000 a yearNew contract, June 2023: AED 60,000 a yearRenewal, June 2024: AED 63,000 a yearNew contract, September 2025: AED 70,000 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 408 sits

All 46 1-beds →

408 last sold in January 2021 at AED 857 per sqft, in line with what one-beds in Golf Promenade 2B were fetching at the time (AED 864). 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. 408's AED 70,000 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
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 4th floor

All 124 units in Golf Promenade 2B
Value
4012-bedAED 1.54M · Jul 2019
402AED 515K · Aug 2025
4031-bedAED 1.25M · Oct 2015
404StudioAED 843K · Oct 2015
405StudioAED 871K · Dec 2014
406StudioAED 643K · Jul 2023
4071-bedAED 850K · Oct 2024
1–7 of 14

408, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 4 January 2021 for AED 702,000, or AED 857 per sqft.
  • Rented since March 2022 on 4 Ejari contracts, from AED 50,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 10.0%, before a service charge of about AED 10,200 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 September 2025.

Questions about 408, Golf Promenade 2B

What did unit 408 last sell for?

AED 702,000 on 4 January 2021, sold by the developer: AED 857 per sqft for 818 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 70,000 a year on the contract signed on 1 September 2025. The previous contract, from June 2024, was AED 63,000; the unit has been rented since March 2022.

How big is unit 408?

818 sqft (76.0 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2019.

What is unit 408 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.

Selling 408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 408, Golf Promenade 2B

Starts from the last sale price (AED 702K, 4 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 702,000
Deposit, UAE resident (20%)
AED 140,400
Deposit, non-resident (40%)
AED 280,800
Monthly over 25 years at 3.7%
AED 2,872

Plus AED 34,494 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →