1-bed · 755 sqftGolf Promenade 5A, Damac Hills · 4th floor · completed 2019

A413, 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 A413 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 745K18 November 2022
Current rentAED 72K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A413, Golf Promenade 5A

What is A413 worth today?

Last sold for AED 744,960 in 2022

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15 Oct 2023RentedNew contract
AED 72,000/yr12 months · AED 96 per sqft
18 Nov 2022Sold by developerReady
AED 744,960AED 986 per sqft
30 Nov 2021RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
5 Dec 2018RentedNew contract
AED 61,900/yr12 months · AED 82 per sqft
1 Sep 2017RentedNew contract
AED 73,000/yr12 months · AED 97 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2023.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
4th of 9
Parking
B-22
Developer
DAMAC
Completed
2019
Service charge
AED 11,300 /yr
Last sold
AED 745K · November 2022

About A413, Golf Promenade 5A

A413 is a one-bedroom apartment of 755 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 744,960, or AED 986 per sqft, 4% below the AED 1,024 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 October 2023, is AED 72,000 a year: a gross yield of 9.7% on the 2022 price, before the service charge of about AED 11,300 a year.

Sales and rents for A413 over time

Sales
Unit A413, each saleTypical one-bed in Golf Promenade 5A
800K1M2022202320242025Typical sale price by year: 2022 AED 876,500; 2023 AED 872,200; 2024 AED 975,000Sold by developer, November 2022: AED 744,960 (AED 986 per sqft)

A413 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A413, each contractTypical one-bed in Golf Promenade 5A
60K2017202020232026Typical 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, September 2017: AED 73,000 a yearNew contract, December 2018: AED 61,900 a yearNew contract, November 2021: AED 65,000 a yearNew contract, October 2023: AED 72,000 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 A413 sits

All 40 1-beds →

A413 last sold in November 2022 at AED 986 per sqft, 4% below what one-beds in Golf Promenade 5A were fetching at the time (AED 1,024). A413's AED 72,000 is in the lower half 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
A4031-bedAED 871K · Nov 2022
A404StudioAED 619K · Nov 2022
A405StudioAED 583K · May 2023
A406StudioAED 585K · Dec 2022
A4071-bedAED 864K · Apr 2023
1–7 of 12

A413, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 18 November 2022 for AED 744,960, or AED 986 per sqft.
  • Rented since September 2017 on 4 Ejari contracts. The rent fell from AED 73,000 to AED 61,900 in 2018 and recovered to AED 72,000 by October 2023.
  • At AED 72,000 a year the gross yield on the 2022 price is 9.7%, before a service charge of about AED 11,300 a year (AED 15.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2023.

Questions about A413, Golf Promenade 5A

What did unit A413 last sell for?

AED 744,960 on 18 November 2022, sold by the developer: AED 986 per sqft for 755 sqft. It is the only registered sale of the unit.

What is the rent for unit A413?

AED 72,000 a year on the contract signed on 15 October 2023. The previous contract, from November 2021, was AED 65,000; the unit has been rented since September 2017.

How big is unit A413?

755 sqft (70.1 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2019.

What is unit A413 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 A413, Golf Promenade 5A

Starts from the last sale price (AED 745K, 18 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 744,960
Deposit, UAE resident (20%)
AED 148,992
Deposit, non-resident (40%)
AED 297,984
Monthly over 25 years at 3.7%
AED 3,048

Plus AED 36,298 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →