Studio · 482 sqftGolf Promenade 3B, Damac Hills · 6th floor · completed 2019

B611, Golf Promenade 3B

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B611 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 730K17 August 2015
Current rentAED 45K /yr12 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B611, Golf Promenade 3B

What is B611 worth today?

Last sold for AED 729,600 in 2015

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12 Feb 2024RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
1 Jun 2021RentedRenewal
AED 27,000/yr12 months · AED 56 per sqft
1 Jun 2020RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
16 Mar 2019RentedNew contract
AED 38,000/yr12 months · AED 78 per sqft
17 Aug 2015Sold by developerOff-plan
AED 729,600AED 1,515 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 February 2024.

Key facts

Type
Studio apartment
Size
482 sqft
Floor
6th of 9
Parking
P2-1
Developer
DAMAC
Completed
2019
Service charge
AED 7,200 /yr
Last sold
AED 730K · August 2015

About B611, Golf Promenade 3B

B611 is a studio of 482 sqft on the 6th floor of Golf Promenade 3B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 17 August 2015 for AED 729,600, or AED 1,515 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 12 February 2024, is AED 45,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 7,200 a year.

Sales and rents for B611 over time

Sales
Unit B611, each saleTypical studio in Golf Promenade 3B
600K700K2015201820212024Typical sale price by year: 2015 AED 741,595; 2017 AED 686,000; 2018 AED 713,500; 2024 AED 590,000Sold by developer, August 2015: AED 729,600 (AED 1,515 per sqft)

B611 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B611, each contractTypical studio in Golf Promenade 3B
30K40K20182020202220242026Typical rent by year: 2018 AED 41,500; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 44,929; 2025 AED 45,000New contract, March 2019: AED 38,000 a yearNew contract, June 2020: AED 30,000 a yearRenewal, June 2021: AED 27,000 a yearNew contract, February 2024: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Golf Promenade 3B, and where B611 sits

All 20 studios →

Over the last 12 months studios sold for AED 680,000, around AED 1,211 per sqft, and rent for AED 46,000 to 46,000 a year.

Recent studio salesUnit no.Price (AED)Summary
13 Mar 2025590,000
28 Oct 2024590,000
2 Oct 2024600,000
16 Aug 2024750,000
1 studio sale in the last 12 months

Golf Promenade 3B

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 1,237
Typical sale
AED 1.02M
Typical rent
AED 75K /yr
Typical yield
7.1%
Golf Promenade 3B, Damac Hills: prices, sales and rents →

Other units on the 6th floor

All 82 units in Golf Promenade 3B
Value
B6012-bedAED 2.17M · Nov 2015
B6023-bedAED 1.27M · Oct 2021
B6031-bedAED 645K · Dec 2021
B604StudioAED 753K · Aug 2015
B605StudioAED 748K · Aug 2015
B606StudioAED 709K · Jul 2018
B6071-bedAED 1.12M · Sep 2015
1–7 of 12

B611, Golf Promenade 3B in numbers

  • Sold once: by DAMAC on 17 August 2015 for AED 729,600, or AED 1,515 per sqft.
  • Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 38,000 to AED 27,000 in 2021 and recovered to AED 45,000 by February 2024.
  • At AED 45,000 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 7,200 a year (AED 15.00 per sqft).
  • Studios in Golf Promenade 3B sold for AED 680,000–680,000 in the 12 months to November 2026; the building's median across all types is AED 1,237 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 February 2024.

Questions about B611, Golf Promenade 3B

What did unit B611 last sell for?

AED 729,600 on 17 August 2015, sold by the developer: AED 1,515 per sqft for 482 sqft. It is the only registered sale of the unit.

What is the rent for unit B611?

AED 45,000 a year on the contract signed on 12 February 2024. The previous contract, from June 2021, was AED 27,000; the unit has been rented since March 2019.

How big is unit B611?

482 sqft (44.8 sqm): a studio on the 6th floor of a 9-storey tower completed in 2019.

What is unit B611 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 3B sold for AED 680,000 to 680,000 in the last 12 months, around AED 1,211 per sqft.

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Mortgage on B611, Golf Promenade 3B

Starts from the last sale price (AED 730K, 17 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 729,600
Deposit, UAE resident (20%)
AED 145,920
Deposit, non-resident (40%)
AED 291,840
Monthly over 25 years at 3.7%
AED 2,985

Plus AED 35,653 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →