1-bed · 849 sqftGolf Promenade 5A, Damac Hills · 8th floor · completed 2019

A805, 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 A805 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 899K16 November 2022
Current rentAED 64K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A805, Golf Promenade 5A

What is A805 worth today?

Last sold for AED 898,660 in 2022

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25 Sep 2024RentedRenewal
AED 64,000/yr13 months · AED 75 per sqft
25 Sep 2023RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
16 Nov 2022Sold by developerReady
AED 898,660AED 1,058 per sqft
1 Sep 2022RentedRenewal
AED 53,550/yr12 months · AED 63 per sqft
1 Sep 2021RentedRenewal
AED 51,000/yr12 months · AED 60 per sqft
1 Aug 2020RentedNew contract
AED 55,000/yr13 months · AED 65 per sqft
7 Feb 2020RentedRenewal
AED 65,000/yr6 months · AED 77 per sqft
9 Aug 2018RentedNew contract
AED 69,500/yr13 months · AED 82 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
849 sqft
Floor
8th of 9
Parking
G-37
Developer
DAMAC
Completed
2019
Service charge
AED 12,700 /yr
Last sold
AED 899K · November 2022

About A805, Golf Promenade 5A

A805 is a one-bedroom apartment of 849 sqft on the 8th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 16 November 2022 for AED 898,660, or AED 1,058 per sqft, 4% above the AED 1,019 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 64,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for A805 over time

Sales
Unit A805, 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 898,660 (AED 1,058 per sqft)

A805 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A805, 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, July 2017: AED 72,000 a yearNew contract, August 2018: AED 69,500 a yearRenewal, February 2020: AED 65,000 a yearNew contract, August 2020: AED 55,000 a yearRenewal, September 2021: AED 51,000 a yearRenewal, September 2022: AED 53,550 a yearNew contract, September 2023: AED 60,000 a yearRenewal, September 2024: AED 64,000 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 A805 sits

All 40 1-beds →

A805 last sold in November 2022 at AED 1,058 per sqft, 4% above what one-beds in Golf Promenade 5A were fetching at the time (AED 1,019). A805's AED 64,000 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 8th floor

All 81 units in Golf Promenade 5A
Value
A8012-bedAED 2.3M · Jul 2025
A8023-bedAED 2.41M · Nov 2022
A803StudioAED 541K · Jan 2023
A8042-bedAED 1.43M · Jan 2023
A8061-bedAED 854K · Dec 2022
A8071-bedAED 810K · Jan 2023
A8081-bedAED 1M · Apr 2024
1–7 of 9

A805, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 16 November 2022 for AED 898,660, or AED 1,058 per sqft.
  • Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 51,000 in 2021 and recovered to AED 64,000 by September 2024.
  • At AED 64,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 12,700 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 25 September 2024.

Questions about A805, Golf Promenade 5A

What did unit A805 last sell for?

AED 898,660 on 16 November 2022, sold by the developer: AED 1,058 per sqft for 849 sqft. It is the only registered sale of the unit.

What is the rent for unit A805?

AED 64,000 a year on the contract renewed on 25 September 2024. The previous contract, from September 2023, was AED 60,000; the unit has been rented since July 2017.

How big is unit A805?

849 sqft (78.9 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2019.

What is unit A805 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 A805, Golf Promenade 5A

Starts from the last sale price (AED 899K, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 898,660
Deposit, UAE resident (20%)
AED 179,732
Deposit, non-resident (40%)
AED 359,464
Monthly over 25 years at 3.7%
AED 3,677

Plus AED 42,753 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →