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1-bed · 814 sqftGolf Promenade 5A, Damac Hills · 4th floor · completed 2019

A403, Golf Promenade 5A

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A403 · DLD and Ejari recordsUpdated 18 November 2022
Last soldAED 871K18 November 2022
Current rentAED 53K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A403, Golf Promenade 5A

What is A403 worth today?

Last sold for AED 871,000 in 2022

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18 Nov 2022Sold by developerReady
AED 871,000AED 1,069 per sqft
1 Aug 2021RentedRenewal
AED 53,000/yr12 months · AED 65 per sqft
1 Aug 2020RentedRenewal
AED 54,000/yr12 months · AED 66 per sqft
1 Aug 2019RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft
1 Jul 2018RentedNew contract
AED 80,000/yr13 months · AED 98 per sqft
1 Jun 2017RentedNew contract
AED 82,000/yr12 months · AED 101 per sqft
15 Apr 2017RentedNew contract
AED 75,500/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 18 November 2022.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
4th of 9
Parking
B-12
Developer
DAMAC
Completed
2019
Service charge
AED 12,200 /yr
Last sold
AED 871K · November 2022
Building
Golf Promenade 5A

About A403, Golf Promenade 5A

A403 is a one-bedroom apartment of 814 sqft on the 4th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 18 November 2022 for AED 871,000, or AED 1,069 per sqft, 4% above the AED 1,024 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 53,000 a year: a gross yield of 6.1% on the 2022 price, before the service charge of about AED 12,200 a year.

Sales and rents for A403 over time

Sales
Unit A403, each saleTypical one-bed in Golf Promenade 5A
900K950K2022202320242025Typical sale price by year: 2022 AED 876,500; 2023 AED 872,200; 2024 AED 975,000Sold by developer, November 2022: AED 871,000 (AED 1,069 per sqft)

A403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A403, each contractTypical one-bed in Golf Promenade 5A
60K80K2017202020232026Typical rent by year: 2017 AED 75,000; 2018 AED 67,000; 2019 AED 60,000; 2020 AED 56,941; 2021 AED 51,000; 2022 AED 53,550; 2023 AED 65,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 75,000New contract, April 2017: AED 75,500 a yearNew contract, June 2017: AED 82,000 a yearNew contract, July 2018: AED 80,000 a yearRenewal, August 2019: AED 60,000 a yearRenewal, August 2020: AED 54,000 a yearRenewal, August 2021: AED 53,000 a year

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

1-beds in Golf Promenade 5A, and where A403 sits

All 40 1-beds →

A403 last sold in November 2022 at AED 1,069 per sqft, 4% above what one-beds in Golf Promenade 5A were fetching at the time (AED 1,024). A403's AED 53,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jul 20251,100,000
6 Feb 20251,000,000
29 Oct 2024960,000
13 Aug 2024990,000
0 1-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
A4023-bedAED 2.06M · Oct 2024
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

A403, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 18 November 2022 for AED 871,000, or AED 1,069 per sqft.
  • Rented since April 2017 on 6 Ejari contracts, from AED 75,500 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2022 price is 6.1%, before a service charge of about AED 12,200 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 18 November 2022.

Questions about A403, Golf Promenade 5A

What did unit A403 last sell for?

AED 871,000 on 18 November 2022, sold by the developer: AED 1,069 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit A403?

AED 53,000 a year on the contract renewed on 1 August 2021. The previous contract, from August 2020, was AED 54,000; the unit has been rented since April 2017.

How big is unit A403?

814 sqft (75.6 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2019.

What is unit A403 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 A403, Golf Promenade 5A

Starts from the last sale price (AED 871K, 18 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 871,000
Deposit, UAE resident (20%)
AED 174,200
Deposit, non-resident (40%)
AED 348,400
Monthly over 25 years at 3.7%
AED 3,564

Plus AED 41,592 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →