704, Golf Promenade 2B
Sold prices and rental history: sold twice, last in August 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Golf Promenade 2B
What is 704 worth today?
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Source: Dubai Land Department. Updated 7 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 525 sqft
- Floor
- 7th of 12
- Parking
- P2-09
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 6,600 /yr
- Last sold
- AED 510K · August 2024
- Building
- Golf Promenade 2B
About 704, Golf Promenade 2B
704 is a studio of 525 sqft on the 7th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 7 August 2024 for AED 510,000, or AED 970 per sqft, 19% below the AED 1,191 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 38,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 6,600 a year.
Sales and rents for 704 over time
704 has sold twice; 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 704 sits
All 40 studios →704 last sold in August 2024 at AED 970 per sqft, 19% below what studios in Golf Promenade 2B were fetching at the time (AED 1,191). 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. 704's AED 38,000 is at the bottom 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. 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%
Other units on the 7th floor
All 124 units in Golf Promenade 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 329 sqft | AED 513KAED 513,000 · Jun 2015June 2015 | 47,000 /yr | |
| 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 | |
| 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 |
704, Golf Promenade 2B in numbers
- Sold twice: first on 4 June 2015 for AED 826,500, last on 7 August 2024 for AED 510,000 (AED 970 per sqft).
- Rented since June 2021 on 3 Ejari contracts, from AED 33,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 6,600 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: Dubai Land Department. Updated 7 August 2024.
Questions about 704, Golf Promenade 2B
What did unit 704 last sell for?
AED 510,000 on 7 August 2024: AED 970 per sqft for 525 sqft. The unit has 2 registered sales; the first was AED 826,500 in June 2015.
What is the rent for unit 704?
AED 38,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 36,000; the unit has been rented since June 2021.
How big is unit 704?
525 sqft (48.8 sqm): a studio on the 7th floor of a 12-storey tower completed in 2019.
What is unit 704 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 704, Golf Promenade 2B
Starts from the last sale price (AED 510K, 7 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 510,000
- Deposit, UAE resident (20%)
- AED 102,000
- Deposit, non-resident (40%)
- AED 204,000
- Monthly over 25 years at 3.7%
- AED 2,087
Plus AED 26,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →