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

B401, Golf Promenade 4B

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

Unit B401 · DLD and Ejari recordsUpdated 13 August 2024
Last soldAED 1.58M13 August 2024
Current rentAED 92K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B401, Golf Promenade 4B

What is B401 worth today?

Last sold for AED 1,575,000 in 2024

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13 Aug 2024SoldReady
AED 1,575,000AED 1,095 per sqft
1 Nov 2023RentedNew contract
AED 92,000/yr12 months · AED 64 per sqft
21 Jun 2023Sold by developerReady
AED 1,268,900AED 882 per sqft
1 Nov 2022RentedRenewal
AED 92,000/yr12 months · AED 64 per sqft
1 Nov 2021RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft
25 Sep 2020RentedRenewal
AED 87,000/yr13 months · AED 61 per sqft
25 Aug 2019RentedNew contract
AED 90,243/yr13 months · AED 63 per sqft
24 Sep 2018RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 13 August 2024.

Key facts

Type
2-bed apartment
Size
1,438 sqft
Floor
4th of 9
Parking
T4-LP1-21
Developer
DAMAC
Completed
2019
Service charge
AED 21,600 /yr
Last sold
AED 1.58M · August 2024
Building
Golf Promenade 4B

About B401, Golf Promenade 4B

B401 is a two-bedroom apartment of 1,438 sqft on the 4th floor of Golf Promenade 4B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 13 August 2024 for AED 1,575,000, or AED 1,095 per sqft, in line with the AED 1,095 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 November 2023, is AED 92,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 21,600 a year.

Sales and rents for B401 over time

Sales
Unit B401, each saleTypical two-bed in Golf Promenade 4B
1.5M2M2023202420252026Typical sale price by year: 2023 AED 1,491,200; 2024 AED 2,022,500; 2025 AED 1,880,364Sold by developer, June 2023: AED 1,268,900 (AED 882 per sqft)Sold, August 2024: AED 1,575,000 (AED 1,095 per sqft)

B401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B401, each contractTypical two-bed in Golf Promenade 4B
100K150K2017202020232026Typical rent by year: 2017 AED 124,000; 2018 AED 113,500; 2019 AED 98,000; 2020 AED 85,000; 2021 AED 90,000; 2022 AED 87,044; 2023 AED 90,699; 2024 AED 94,500; 2025 AED 160,000New contract, July 2017: AED 114,000 a yearNew contract, September 2018: AED 100,000 a yearNew contract, August 2019: AED 90,243 a yearRenewal, September 2020: AED 87,000 a yearNew contract, November 2021: AED 90,000 a yearRenewal, November 2022: AED 92,000 a yearNew contract, November 2023: AED 92,000 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 4B, and where B401 sits

All 11 2-beds →

B401 last sold in August 2024 at AED 1,095 per sqft, in line with what two-beds in Golf Promenade 4B were fetching at the time (AED 1,095).

Recent 2-bed salesUnit no.Price (AED)Summary
26 May 20252,045,731
26 May 20252,101,543
14 May 20252,101,543
14 May 20251,880,364
0 2-bed sales in the last 12 months

Golf Promenade 4B

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 2 sold in the last 12 months.

Typical price per sqft
AED 1,301
Typical sale
AED 1M
Typical rent
AED 78K /yr
Typical yield
7.0%
Golf Promenade 4B, Damac Hills: prices, sales and rents →

Other units on the 4th floor

All 82 units in Golf Promenade 4B
Value
B4023-bedAED 1.64M · May 2025
B4031-bedAED 808K · May 2025
B404StudioAED 513K · May 2025
B405StudioAED 544K · May 2025
B406StudioAED 534K · May 2025
B4071-bedAED 843K · May 2025
B4081-bedAED 825K · May 2025
1–7 of 12

B401, Golf Promenade 4B in numbers

  • Sold twice: first on 21 June 2023 for AED 1,268,900, last on 13 August 2024 for AED 1,575,000 (AED 1,095 per sqft).
  • Rented since July 2017 on 7 Ejari contracts, from AED 114,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 21,600 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 13 August 2024.

Questions about B401, Golf Promenade 4B

What did unit B401 last sell for?

AED 1,575,000 on 13 August 2024: AED 1,095 per sqft for 1,438 sqft. The unit has 2 registered sales; the first was AED 1,268,900 in June 2023.

What is the rent for unit B401?

AED 92,000 a year on the contract signed on 1 November 2023. The previous contract, from November 2022, was AED 92,000; the unit has been rented since July 2017.

How big is unit B401?

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 B401 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 B401, Golf Promenade 4B

Starts from the last sale price (AED 1.58M, 13 August 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 →