706, Golf Promenade 2B
Sold prices and rental history: sold once, by the developer in April 2016, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Golf Promenade 2B
What is 706 worth today?
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Source: Dubai Land Department. Updated 10 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 848 sqft
- Floor
- 7th of 12
- Parking
- P2-11
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 10,600 /yr
- Last sold
- AED 1.45M · April 2016
- Building
- Golf Promenade 2B
About 706, Golf Promenade 2B
706 is a one-bedroom apartment of 848 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 17 April 2016 for AED 1,445,900, or AED 1,705 per sqft, 12% above the AED 1,523 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 October 2024. The current contract, signed on 10 October 2024, is AED 65,000 a year: a gross yield of 4.5% on the 2016 price, before the service charge of about AED 10,600 a year.
Sales and rents for 706 over time
706 has sold once; the dashed line is the one-bed median of each year in the building.
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 706 sits
All 46 1-beds →706 last sold in April 2016 at AED 1,705 per sqft, 12% above what one-beds in Golf Promenade 2B were fetching at the time (AED 1,523). 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. 706's AED 65,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jan 202616 January 2026 | 849 sqft | 1,100,000 | 1,295 | ||
| 15 Jul 202515 July 2025 | 755 sqft | 950,000 | 1,257 | ||
| 4 Jul 20254 July 2025 | 819 sqft | 1,000,000 | 1,220 | ||
| 29 Apr 202529 April 2025 | 972 sqft | 1,075,000 | 1,105 |
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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | ||
| 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 |
706, Golf Promenade 2B in numbers
- Sold once: by DAMAC on 17 April 2016 for AED 1,445,900, or AED 1,705 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2016 price is 4.5%, before a service charge of about AED 10,600 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 10 October 2024.
Questions about 706, Golf Promenade 2B
What did unit 706 last sell for?
AED 1,445,900 on 17 April 2016, sold by the developer: AED 1,705 per sqft for 848 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 65,000 a year on the contract signed on 10 October 2024.
How big is unit 706?
848 sqft (78.8 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2019.
What is unit 706 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 706, Golf Promenade 2B
Starts from the last sale price (AED 1.45M, 17 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,445,900
- Deposit, UAE resident (20%)
- AED 289,180
- Deposit, non-resident (40%)
- AED 578,360
- Monthly over 25 years at 3.7%
- AED 5,916
Plus AED 65,738 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →