1-bed · 991 sqftGolf Promenade 2B, Damac Hills · 7th floor · completed 2019

708, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in July 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 1.38M17 July 2019
Current rentAED 63K /yr10 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Golf Promenade 2B

What is 708 worth today?

Last sold for AED 1,383,000 in 2019

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10 Apr 2025RentedRenewal
AED 63,000/yr12 months · AED 64 per sqft
10 Apr 2024RentedRenewal
AED 63,000/yr12 months · AED 64 per sqft
10 Apr 2023RentedNew contract
AED 63,000/yr12 months · AED 64 per sqft
17 Jul 2019Sold by developerOff-plan
AED 1,383,000AED 1,395 per sqft

Source: Dubai Land Department. Updated 10 April 2025.

Key facts

Type
1-bed apartment
Size
991 sqft
Floor
7th of 12
Parking
P2-13
Developer
DAMAC
Completed
2019
Service charge
AED 12,400 /yr
Last sold
AED 1.38M · July 2019

About 708, Golf Promenade 2B

708 is a one-bedroom apartment of 991 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 July 2019 for AED 1,383,000, or AED 1,395 per sqft, in line with the AED 1,395 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 10 April 2025, is AED 63,000 a year: a gross yield of 4.6% on the 2019 price, before the service charge of about AED 12,400 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical one-bed in Golf Promenade 2B
1M1.5M2015201820212024Typical 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, July 2019: AED 1,383,000 (AED 1,395 per sqft)

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

Rents
Unit 708, 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, April 2023: AED 63,000 a yearRenewal, April 2024: AED 63,000 a yearRenewal, April 2025: AED 63,000 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 708 sits

All 46 1-beds →

708 last sold in July 2019 at AED 1,395 per sqft, in line with what one-beds in Golf Promenade 2B were fetching at the time (AED 1,395). 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. 708's AED 63,000 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
2 1-bed sales 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. 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%
Golf Promenade 2B, Damac Hills: prices, sales and rents →

Other units on the 7th floor

All 124 units in Golf Promenade 2B
Value
701StudioAED 513K · Jun 2015
702StudioAED 606K · Jun 2015
703StudioAED 780K · Oct 2016
704StudioAED 510K · Aug 2024
7051-bedAED 1.26M · Apr 2016
7061-bedAED 1.45M · Apr 2016
7071-bedAED 1.06M · Jul 2022
1–7 of 14

708, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 17 July 2019 for AED 1,383,000, or AED 1,395 per sqft.
  • Rented since April 2023 on 3 Ejari contracts, at AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2019 price is 4.6%, before a service charge of about AED 12,400 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 April 2025.

Questions about 708, Golf Promenade 2B

What did unit 708 last sell for?

AED 1,383,000 on 17 July 2019, sold by the developer: AED 1,395 per sqft for 991 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 63,000 a year on the contract renewed on 10 April 2025. The previous contract, from April 2024, was AED 63,000; the unit has been rented since April 2023.

How big is unit 708?

991 sqft (92.1 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2019.

What is unit 708 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 708, Golf Promenade 2B

Starts from the last sale price (AED 1.38M, 17 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,383,000
Deposit, UAE resident (20%)
AED 276,600
Deposit, non-resident (40%)
AED 553,200
Monthly over 25 years at 3.7%
AED 5,658

Plus AED 63,096 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →