A702, Golf Promenade 3A
Sold prices and rental history: sold once, by the developer in January 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A702, Golf Promenade 3A
What is A702 worth today?
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Source: Dubai Land Department. Updated 5 January 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,413 sqft
- Floor
- 7th of 9
- Parking
- UP1-20, UP1-44
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 36,200 /yr
- Last sold
- AED 1.7M · January 2022
- Building
- Golf Promenade 3A
About A702, Golf Promenade 3A
A702 is a three-bedroom apartment of 2,413 sqft on the 7th floor of Golf Promenade 3A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 5 January 2022 for AED 1,697,000, or AED 703 per sqft, in line with the AED 714 three-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 99,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 36,200 a year.
Sales and rents for A702 over time
A702 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Golf Promenade 3A, and where A702 sits
All 10 3-beds →A702 last sold in January 2022 at AED 703 per sqft, in line with what three-beds in Golf Promenade 3A were fetching at the time (AED 714).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202523 January 2025 | 3,293 sqft | 2,450,000 | 744 | ||
| 14 Nov 202414 November 2024 | 2,848 sqft | 2,550,000 | 895 | ||
| 10 Jun 202410 June 2024 | 1,751 sqft | 2,000,000 | 1,142 | ||
| 19 Feb 202419 February 2024 | 3,293 sqft | 2,321,000 | 704 |
Golf Promenade 3A
Building82 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%
Other units on the 7th floor
All 82 units in Golf Promenade 3A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A701 | 2-bed | 1,821 sqft | AED 1.62MAED 1,621,000 · Apr 2022April 2022 | 101,750 /yr | |
| A703 | Studio | 485 sqft | AED 689KAED 688,750 · Jul 2015July 2015 | 45,000 /yr | |
| A704 | 2-bed | 1,542 sqft | AED 1.9MAED 1,904,000 · Aug 2021August 2021 | ||
| A705 | 1-bed | 848 sqft | AED 1.16MAED 1,158,300 · Dec 2015December 2015 | 65,000 /yr | |
| A706 | 1-bed | 833 sqft | AED 1.19MAED 1,190,350 · Nov 2015November 2015 | 63,525 /yr | |
| A707 | 1-bed | 806 sqft | AED 1.02MAED 1,015,000 · May 2024May 2024 | 65,000 /yr | |
| A708 | 1-bed | 904 sqft | AED 956KAED 955,500 · Nov 2022November 2022 | 75,000 /yr | |
| A709 | Studio | 482 sqft | AED 727KAED 727,000 · Feb 2017February 2017 | 36,000 /yr | |
| A710 | 1-bed | 744 sqft | AED 1.05MAED 1,045,000 · Nov 2015November 2015 | 47,000 /yr |
A702, Golf Promenade 3A in numbers
- Sold once: by DAMAC on 5 January 2022 for AED 1,697,000, or AED 703 per sqft.
- Rented since June 2019 on 3 Ejari contracts, from AED 115,100 to AED 99,000 a year.
- At AED 99,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 36,200 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 5 January 2022.
Questions about A702, Golf Promenade 3A
What did unit A702 last sell for?
AED 1,697,000 on 5 January 2022, sold by the developer: AED 703 per sqft for 2,413 sqft. It is the only registered sale of the unit.
What is the rent for unit A702?
AED 99,000 a year on the contract renewed on 1 August 2021. The previous contract, from July 2020, was AED 99,000; the unit has been rented since June 2019.
How big is unit A702?
2,413 sqft (224.2 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2019.
What is unit A702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on A702, Golf Promenade 3A
Starts from the last sale price (AED 1.7M, 5 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,697,000
- Deposit, UAE resident (20%)
- AED 339,400
- Deposit, non-resident (40%)
- AED 678,800
- Monthly over 25 years at 3.7%
- AED 6,943
Plus AED 76,284 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →