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1-bed · 904 sqftGolf Promenade 5A, Damac Hills · 7th floor · completed 2019

A708, Golf Promenade 5A

Sold prices and rental history: sold once, by the developer in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A708 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.08M26 July 2023
Current rentAED 70K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A708, Golf Promenade 5A

What is A708 worth today?

Last sold for AED 1,082,000 in 2023

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1 Mar 2025RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
1 Sep 2023RentedNew contract
AED 56,227/yr12 months · AED 62 per sqft
26 Jul 2023Sold by developerReady
AED 1,082,000AED 1,196 per sqft
1 Sep 2022RentedRenewal
AED 53,550/yr12 months · AED 59 per sqft
1 Sep 2021RentedRenewal
AED 51,000/yr12 months · AED 56 per sqft
15 Jul 2020RentedNew contract
AED 58,047/yr14 months · AED 64 per sqft
17 Mar 2019RentedRenewal
AED 70,181/yr16 months · AED 78 per sqft
17 Aug 2018RentedNew contract
AED 74,571/yr7 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
904 sqft
Floor
7th of 9
Parking
G-32
Developer
DAMAC
Completed
2019
Service charge
AED 13,600 /yr
Last sold
AED 1.08M · July 2023
Building
Golf Promenade 5A

About A708, Golf Promenade 5A

A708 is a one-bedroom apartment of 904 sqft on the 7th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 26 July 2023 for AED 1,082,000, or AED 1,196 per sqft, 16% above the AED 1,028 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 March 2025, is AED 70,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 13,600 a year.

Sales and rents for A708 over time

Sales
Unit A708, each saleTypical one-bed in Golf Promenade 5A
900K1M1.1M2022202320242025Typical sale price by year: 2022 AED 876,500; 2023 AED 872,200; 2024 AED 975,000Sold by developer, July 2023: AED 1,082,000 (AED 1,196 per sqft)

A708 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A708, 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, July 2017: AED 77,000 a yearNew contract, August 2018: AED 74,571 a yearRenewal, March 2019: AED 70,181 a yearNew contract, July 2020: AED 58,047 a yearRenewal, September 2021: AED 51,000 a yearRenewal, September 2022: AED 53,550 a yearNew contract, September 2023: AED 56,227 a yearNew contract, March 2025: AED 70,000 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 A708 sits

All 40 1-beds →

A708 last sold in July 2023 at AED 1,196 per sqft, 16% above what one-beds in Golf Promenade 5A were fetching at the time (AED 1,028). A708's AED 70,000 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 7th floor

All 81 units in Golf Promenade 5A
Value
A7012-bedAED 1.79M · Dec 2022
A7023-bedAED 2.11M · Nov 2022
A703StudioAED 547K · Dec 2022
A7042-bedAED 1.75M · Dec 2023
A7051-bedAED 894K · Dec 2022
A7061-bedAED 895K · Dec 2022
A7071-bedAED 809K · Nov 2022
1–7 of 9

A708, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 26 July 2023 for AED 1,082,000, or AED 1,196 per sqft.
  • Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 77,000 to AED 51,000 in 2021 and recovered to AED 70,000 by March 2025.
  • At AED 70,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 13,600 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 March 2025.

Questions about A708, Golf Promenade 5A

What did unit A708 last sell for?

AED 1,082,000 on 26 July 2023, sold by the developer: AED 1,196 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit A708?

AED 70,000 a year on the contract signed on 1 March 2025. The previous contract, from September 2023, was AED 56,227; the unit has been rented since July 2017.

How big is unit A708?

904 sqft (84.0 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2019.

What is unit A708 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 A708, Golf Promenade 5A

Starts from the last sale price (AED 1.08M, 26 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,082,000
Deposit, UAE resident (20%)
AED 216,400
Deposit, non-resident (40%)
AED 432,800
Monthly over 25 years at 3.7%
AED 4,427

Plus AED 50,454 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →