Studio · 444 sqftGolf Promenade 2B, Damac Hills · 6th floor · completed 2019

612, Golf Promenade 2B

Sold prices and rental history: sold 3 times, last in July 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 430K28 July 2022
Current rentAED 38K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Golf Promenade 2B

What is 612 worth today?

Last sold for AED 430,000 in 2022

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1 Sep 2024RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft
1 Sep 2023RentedRenewal
AED 34,000/yr12 months · AED 77 per sqft
1 Sep 2022RentedNew contract
AED 32,000/yr12 months · AED 73 per sqft
28 Jul 2022SoldReady
AED 430,000AED 968 per sqft
3 Oct 2021SoldReady
AED 400,000AED 900 per sqft
28 Jul 2015Sold by developerOff-plan
AED 693,500AED 1,561 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
444 sqft
Floor
6th of 12
Parking
P2-02
Developer
DAMAC
Completed
2019
Service charge
AED 5,500 /yr
Last sold
AED 430K · July 2022

About 612, Golf Promenade 2B

612 is a studio of 444 sqft on the 6th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 28 July 2022 for AED 430,000, or AED 968 per sqft, 4% above the AED 934 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 September 2024, is AED 38,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 5,500 a year.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical studio in Golf Promenade 2B
400K600K800K2015201820212024Typical 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, July 2015: AED 693,500 (AED 1,561 per sqft)Sold, October 2021: AED 400,000 (AED 900 per sqft)Sold, July 2022: AED 430,000 (AED 968 per sqft)

612 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 612, 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, September 2022: AED 32,000 a yearRenewal, September 2023: AED 34,000 a yearNew contract, September 2024: AED 38,000 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 612 sits

All 40 studios →

612 last sold in July 2022 at AED 968 per sqft, 4% above what studios in Golf Promenade 2B were fetching at the time (AED 934). 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. 612's AED 38,000 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. 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 6th floor

All 124 units in Golf Promenade 2B
Value
6012-bedAED 1.41M · Oct 2021
6022-bedAED 2.15M · Aug 2015
6031-bedAED 1.08M · Aug 2022
604StudioAED 814K · Aug 2015
605StudioAED 630K · May 2025
606StudioAED 749K · Nov 2018
6071-bedAED 1.27M · Apr 2016
1–7 of 14

612, Golf Promenade 2B in numbers

  • Sold 3 times: first on 28 July 2015 for AED 693,500, last on 28 July 2022 for AED 430,000 (AED 968 per sqft).
  • Rented since September 2022 on 3 Ejari contracts, from AED 32,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 5,500 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 1,460 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Questions about 612, Golf Promenade 2B

What did unit 612 last sell for?

AED 430,000 on 28 July 2022: AED 968 per sqft for 444 sqft. The unit has 3 registered sales; the first was AED 693,500 in July 2015.

What is the rent for unit 612?

AED 38,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2023, was AED 34,000; the unit has been rented since September 2022.

How big is unit 612?

444 sqft (41.2 sqm): a studio on the 6th floor of a 12-storey tower completed in 2019.

What is unit 612 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 612, Golf Promenade 2B

Starts from the last sale price (AED 430K, 28 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

Plus AED 20,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →