701, Golf Promenade 2B
Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Golf Promenade 2B
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 329 sqft
- Floor
- 7th of 12
- Parking
- P2-04
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 4,100 /yr
- Last sold
- AED 513K · June 2015
- Building
- Golf Promenade 2B
About 701, Golf Promenade 2B
701 is a studio of 329 sqft on the 7th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 4 June 2015 for AED 513,000, or AED 1,558 per sqft, in line with the AED 1,573 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 February 2026, is AED 47,000 a year: a gross yield of 9.2% on the 2015 price, before the service charge of about AED 4,100 a year.
Sales and rents for 701 over time
701 has sold once; the dashed line is the studio median of each year in the building.
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 701 sits
All 40 studios →701 last sold in June 2015 at AED 1,558 per sqft, in line with what studios in Golf Promenade 2B were fetching at the time (AED 1,573). 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. 701's AED 47,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 320 sqft | 520,000 | 1,624 | ||
| 4 Jun 20254 June 2025 | 533 sqft | 600,000 | 1,125 | ||
| 3 Jun 20253 June 2025 | 329 sqft | 500,000 | 1,520 | ||
| 3 Jun 20253 June 2025 | 320 sqft | 542,000 | 1,693 |
Golf Promenade 2B
Building124 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%
Other units on the 7th floor
All 124 units in Golf Promenade 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | Studio | 389 sqft | AED 606KAED 606,100 · Jun 2015June 2015 | 38,850 /yr | |
| 703 | Studio | 463 sqft | AED 780KAED 780,000 · Oct 2016October 2016 | 42,000 /yr | |
| 704 | Studio | 525 sqft | AED 510KAED 510,000 · Aug 2024August 2024 | 38,000 /yr | |
| 705 | 1-bed | 816 sqft | AED 1.26MAED 1,256,850 · Apr 2016April 2016 | ||
| 706 | 1-bed | 848 sqft | AED 1.45MAED 1,445,900 · Apr 2016April 2016 | 65,000 /yr | |
| 707 | 1-bed | 850 sqft | AED 1.06MAED 1,057,000 · Jul 2022July 2022 | 76,000 /yr | |
| 708 | 1-bed | 991 sqft | AED 1.38MAED 1,383,000 · Jul 2019July 2019 | 63,000 /yr | |
| 709 | Studio | 493 sqft | AED 763KAED 762,850 · Oct 2015October 2015 | 40,000 /yr | |
| 710 | 1-bed | 852 sqft | AED 1.26MAED 1,262,550 · Oct 2015October 2015 | 77,000 /yr | |
| 711 | 1-bed | 726 sqft | AED 940KAED 940,000 · Nov 2024November 2024 | 65,000 /yr | |
| 712 | 2-bed | 1,631 sqft | AED 1.43MAED 1,432,000 · Apr 2019April 2019 | 140,000 /yr | |
| 713 | 2-bed | 1,367 sqft | AED 1.25MAED 1,252,800 · Apr 2019April 2019 | ||
| 703A | Studio | 490 sqft | AED 785KAED 784,700 · Jun 2015June 2015 | 33,600 /yr | |
| 703B | Studio | 464 sqft | AED 710KAED 709,650 · Jun 2015June 2015 | 45,000 /yr |
701, Golf Promenade 2B in numbers
- Sold once: by DAMAC on 4 June 2015 for AED 513,000, or AED 1,558 per sqft.
- Rented since June 2021 on 3 Ejari contracts, from AED 28,000 to AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2015 price is 9.2%, before a service charge of about AED 4,100 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 1 February 2026.
Questions about 701, Golf Promenade 2B
What did unit 701 last sell for?
AED 513,000 on 4 June 2015, sold by the developer: AED 1,558 per sqft for 329 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 47,000 a year on the contract signed on 1 February 2026. The previous contract, from June 2022, was AED 28,000; the unit has been rented since June 2021.
How big is unit 701?
329 sqft (30.6 sqm): a studio on the 7th floor of a 12-storey tower completed in 2019.
What is unit 701 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 701, Golf Promenade 2B
Starts from the last sale price (AED 513K, 4 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 513,000
- Deposit, UAE resident (20%)
- AED 102,600
- Deposit, non-resident (40%)
- AED 205,200
- Monthly over 25 years at 3.7%
- AED 2,099
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →