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3-bed · 1,722 sqftGolf Promenade 5A, Damac Hills · 4th floor · completed 2019

A402, Golf Promenade 5A

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A402 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 2.06M24 October 2024
Current rentAED 100K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A402, Golf Promenade 5A

What is A402 worth today?

Last sold for AED 2,060,000 in 2024

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24 Oct 2024SoldReady
AED 2,060,000AED 1,196 per sqft
1 Apr 2024SoldReady
AED 1,870,000AED 1,086 per sqft
1 Sep 2022RentedRenewal
AED 100,000/yr12 months · AED 58 per sqft
1 Mar 2022Sold by developerReady
AED 1,623,000AED 942 per sqft
1 Aug 2021RentedNew contract
AED 100,000/yr13 months · AED 58 per sqft
6 May 2020RentedNew contract
AED 110,000/yr14 months · AED 64 per sqft
7 Dec 2017RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 24 October 2024.

Key facts

Type
3-bed apartment
Size
1,722 sqft
Floor
4th of 9
Parking
T5-G-2
Developer
DAMAC
Completed
2019
Service charge
AED 25,800 /yr
Last sold
AED 2.06M · October 2024
Building
Golf Promenade 5A

About A402, Golf Promenade 5A

A402 is a three-bedroom apartment of 1,722 sqft on the 4th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 24 October 2024 for AED 2,060,000, or AED 1,196 per sqft, 20% above the AED 1,000 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 100,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 25,800 a year.

Sales and rents for A402 over time

Sales
Unit A402, each saleTypical three-bed in Golf Promenade 5A
1.5M2M2022202320242025Typical sale price by year: 2022 AED 2,064,000; 2024 AED 2,330,000Sold by developer, March 2022: AED 1,623,000 (AED 942 per sqft)Sold, April 2024: AED 1,870,000 (AED 1,086 per sqft)Sold, October 2024: AED 2,060,000 (AED 1,196 per sqft)

A402 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit A402, each contractTypical three-bed in Golf Promenade 5A
100K125K150K2017201920212023Typical rent by year: 2017 AED 146,500; 2018 AED 135,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 100,000New contract, December 2017: AED 150,000 a yearNew contract, May 2020: AED 110,000 a yearNew contract, August 2021: AED 100,000 a yearRenewal, September 2022: AED 100,000 a year

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 5A, and where A402 sits

All 8 3-beds →

A402 last sold in October 2024 at AED 1,196 per sqft, 20% above what three-beds in Golf Promenade 5A were fetching at the time (AED 1,000).

Recent 3-bed salesUnit no.Price (AED)Summary
10 Jul 20242,600,000
5 Feb 20242,950,000
19 Jul 20232,443,140
8 Dec 20221,692,000
0 3-bed sales in the last 12 months

Golf Promenade 5A

Building

81 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 1,568
Typical sale
AED 2.65M
Typical rent
AED 70K /yr
Typical yield
5.9%
Golf Promenade 5A, Damac Hills: prices, sales and rents →

Other units on the 4th floor

All 81 units in Golf Promenade 5A
Value
A4012-bedAED 1.46M · Nov 2022
A4031-bedAED 871K · Nov 2022
A404StudioAED 619K · Nov 2022
A405StudioAED 583K · May 2023
A406StudioAED 585K · Dec 2022
A4071-bedAED 864K · Apr 2023
A4081-bedAED 872K · Feb 2023
1–7 of 12

A402, Golf Promenade 5A in numbers

  • Sold 3 times: first on 1 March 2022 for AED 1,623,000, last on 24 October 2024 for AED 2,060,000 (AED 1,196 per sqft).
  • Rented since December 2017 on 4 Ejari contracts, from AED 150,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 25,800 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 24 October 2024.

Questions about A402, Golf Promenade 5A

What did unit A402 last sell for?

AED 2,060,000 on 24 October 2024: AED 1,196 per sqft for 1,722 sqft. The unit has 3 registered sales; the first was AED 1,623,000 in March 2022.

What is the rent for unit A402?

AED 100,000 a year on the contract renewed on 1 September 2022. The previous contract, from August 2021, was AED 100,000; the unit has been rented since December 2017.

How big is unit A402?

1,722 sqft (160.0 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2019.

What is unit A402 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 A402, Golf Promenade 5A

Starts from the last sale price (AED 2.06M, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,060,000
Deposit, UAE resident (20%)
AED 412,000
Deposit, non-resident (40%)
AED 824,000
Monthly over 25 years at 3.7%
AED 8,428

Plus AED 91,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →