1-bed · 416 sqftGolf Promenade 3A, Damac Hills · 4th floor · completed 2019

A408, Golf Promenade 3A

Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A408 · DLD and Ejari recordsUpdated 5 May 2025
Last soldAED 999K10 April 2017
Current rentAED 75K /yr5 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A408, Golf Promenade 3A

What is A408 worth today?

Last sold for AED 999,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 May 2025RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
15 Jan 2024RentedRenewal
AED 58,000/yr12 months · AED 70 per sqft
15 Jan 2022RentedRenewal
AED 48,000/yr12 months · AED 58 per sqft
15 Jan 2020RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
15 Jan 2018RentedNew contract
AED 63,000/yr12 months · AED 76 per sqft
10 Apr 2017Sold by developerOff-plan
AED 999,000AED 1,200 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 May 2025.

Key facts

Type
1-bed apartment
Size
416 sqft
Floor
4th of 9
Parking
T1-B-17
Developer
DAMAC
Completed
2019
Service charge
AED 6,200 /yr
Last sold
AED 999K · April 2017

About A408, Golf Promenade 3A

A408 is a one-bedroom apartment of 416 sqft on the 4th floor of Golf Promenade 3A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 10 April 2017 for AED 999,000, or AED 1,200 per sqft, 12% below the AED 1,356 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 5 May 2025, is AED 75,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 6,200 a year.

Sales and rents for A408 over time

Sales
Unit A408, each saleTypical one-bed in Golf Promenade 3A
500K1M2015201820212024Typical sale price by year: 2015 AED 1,100,000; 2016 AED 1,135,549; 2017 AED 1,019,000; 2018 AED 921,500; 2021 AED 537,000; 2022 AED 1,028,000; 2023 AED 822,500; 2024 AED 900,000Sold by developer, April 2017: AED 999,000 (AED 1,200 per sqft)

A408 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A408, each contractTypical one-bed in Golf Promenade 3A
40K60K80K2017202020232026Typical rent by year: 2017 AED 70,000; 2018 AED 65,000; 2019 AED 56,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 48,300; 2023 AED 55,000; 2024 AED 64,000; 2025 AED 71,500; 2026 AED 69,263New contract, January 2018: AED 63,000 a yearRenewal, January 2020: AED 55,000 a yearRenewal, January 2022: AED 48,000 a yearRenewal, January 2024: AED 58,000 a yearNew contract, May 2025: AED 75,000 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 3A, and where A408 sits

All 39 1-beds →

A408 last sold in April 2017 at AED 1,200 per sqft, 12% below what one-beds in Golf Promenade 3A were fetching at the time (AED 1,356). Over the last 12 months one-beds sold for AED 1,100,000, around AED 1,456 per sqft, and rent for AED 44,000 to 80,000 a year. A408's AED 75,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 20261,100,000
29 May 20241,015,000
19 Mar 2024900,000
15 Feb 2024890,000
1 1-bed sale in the last 12 months

Golf Promenade 3A

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 1,094
Typical sale
AED 863K
Typical rent
AED 70K /yr
Typical yield
7.6%
Golf Promenade 3A, Damac Hills: prices, sales and rents →

Other units on the 4th floor

All 82 units in Golf Promenade 3A
Value
A4012-bedAED 2M · Aug 2018
A4023-bedAED 2.37M · Nov 2017
A4031-bedAED 540K · Jan 2021
A404StudioAED 662K · Nov 2017
A405StudioAED 717K · Nov 2017
A406StudioAED 704K · Nov 2017
A4071-bedAED 1.02M · Nov 2017
1–7 of 12

A408, Golf Promenade 3A in numbers

  • Sold once: by DAMAC on 10 April 2017 for AED 999,000, or AED 1,200 per sqft.
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 63,000 to AED 48,000 in 2022 and recovered to AED 75,000 by May 2025.
  • At AED 75,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 6,200 a year (AED 15.00 per sqft).
  • One-beds in Golf Promenade 3A 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 1,094 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 May 2025.

Questions about A408, Golf Promenade 3A

What did unit A408 last sell for?

AED 999,000 on 10 April 2017, sold by the developer: AED 1,200 per sqft for 416 sqft. It is the only registered sale of the unit.

What is the rent for unit A408?

AED 75,000 a year on the contract signed on 5 May 2025. The previous contract, from January 2024, was AED 58,000; the unit has been rented since January 2018.

How big is unit A408?

416 sqft (38.6 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2019.

What is unit A408 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 3A sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 1,456 per sqft.

Selling A408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A408, Golf Promenade 3A

Starts from the last sale price (AED 999K, 10 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 999,000
Deposit, UAE resident (20%)
AED 199,800
Deposit, non-resident (40%)
AED 399,600
Monthly over 25 years at 3.7%
AED 4,087

Plus AED 46,968 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →