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2-bed · 1,438 sqftGolf Promenade 4A, Damac Hills · 4th floor · completed 2019

A401, Golf Promenade 4A

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A401 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 1.58M4 June 2024
Current rentAED 81K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A401, Golf Promenade 4A

What is A401 worth today?

Last sold for AED 1,575,000 in 2024

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4 Jun 2024SoldReady
AED 1,575,000AED 1,095 per sqft
1 Sep 2023RentedRenewal
AED 81,400/yr12 months · AED 57 per sqft
13 Dec 2022Sold by developerReady
AED 1,268,900AED 882 per sqft
1 Sep 2022RentedRenewal
AED 74,000/yr12 months · AED 51 per sqft
1 Sep 2022RentedNew contract
AED 74,000/yr12 months · AED 51 per sqft
1 Sep 2021RentedRenewal
AED 72,000/yr12 months · AED 50 per sqft
1 Aug 2020RentedNew contract
AED 85,000/yr13 months · AED 59 per sqft
13 Jul 2019RentedRenewal
AED 95,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
2-bed apartment
Size
1,438 sqft
Floor
4th of 9
Parking
T3-B-11
Developer
DAMAC
Completed
2019
Service charge
AED 21,600 /yr
Last sold
AED 1.58M · June 2024
Building
Golf Promenade 4A

About A401, Golf Promenade 4A

A401 is a two-bedroom apartment of 1,438 sqft on the 4th floor of Golf Promenade 4A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 4 June 2024 for AED 1,575,000, or AED 1,095 per sqft, 24% above the AED 882 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 81,400 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 21,600 a year.

Sales and rents for A401 over time

Sales
Unit A401, each saleTypical two-bed in Golf Promenade 4A
1.5M2M2.5M20222023202420252026Typical sale price by year: 2022 AED 1,564,100; 2023 AED 1,429,500; 2024 AED 2,320,000; 2025 AED 2,045,731Sold by developer, December 2022: AED 1,268,900 (AED 882 per sqft)Sold, June 2024: AED 1,575,000 (AED 1,095 per sqft)

A401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A401, each contractTypical two-bed in Golf Promenade 4A
100K150K2017202020232026Typical rent by year: 2017 AED 126,500; 2018 AED 115,500; 2019 AED 99,250; 2020 AED 85,500; 2021 AED 84,500; 2022 AED 88,725; 2023 AED 90,000; 2025 AED 155,000New contract, April 2017: AED 124,000 a yearNew contract, June 2018: AED 114,000 a yearRenewal, July 2019: AED 95,000 a yearNew contract, August 2020: AED 85,000 a yearRenewal, September 2021: AED 72,000 a yearRenewal, September 2022: AED 74,000 a yearNew contract, September 2022: AED 74,000 a yearRenewal, September 2023: AED 81,400 a year

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

2-beds in Golf Promenade 4A, and where A401 sits

All 11 2-beds →

A401 last sold in June 2024 at AED 1,095 per sqft, 24% above what two-beds in Golf Promenade 4A were fetching at the time (AED 882).

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jun 20252,975,000
26 May 20251,529,649
26 May 20251,621,979
26 May 20252,045,731
0 2-bed sales in the last 12 months

Golf Promenade 4A

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 1 sold in the last 12 months.

Typical price per sqft
AED 1,408
Typical sale
AED 1.15M
Typical rent
AED 77K /yr
Typical yield
6.6%
Golf Promenade 4A, Damac Hills: prices, sales and rents →

Other units on the 4th floor

All 82 units in Golf Promenade 4A
Value
A4023-bedAED 2.08M · Jul 2025
A4031-bedAED 1.06M · Jul 2024
A404StudioAED 513K · May 2025
A405StudioAED 544K · May 2025
A406StudioAED 534K · May 2025
A4071-bedAED 1.11M · Jul 2024
A4081-bedAED 1.08M · Jul 2024
1–7 of 12

A401, Golf Promenade 4A in numbers

  • Sold twice: first on 13 December 2022 for AED 1,268,900, last on 4 June 2024 for AED 1,575,000 (AED 1,095 per sqft).
  • Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 124,000 to AED 72,000 in 2021 and recovered to AED 81,400 by September 2023.
  • At AED 81,400 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 21,600 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 4 June 2024.

Questions about A401, Golf Promenade 4A

What did unit A401 last sell for?

AED 1,575,000 on 4 June 2024: AED 1,095 per sqft for 1,438 sqft. The unit has 2 registered sales; the first was AED 1,268,900 in December 2022.

What is the rent for unit A401?

AED 81,400 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 74,000; the unit has been rented since April 2017.

How big is unit A401?

1,438 sqft (133.6 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2019.

What is unit A401 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 A401, Golf Promenade 4A

Starts from the last sale price (AED 1.58M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

Plus AED 71,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →