A902, Golf Promenade 5A
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A902, Golf Promenade 5A
What is A902 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,843 sqft
- Floor
- 9th of 9
- Parking
- T5-UP1-35, T5-UP1-41
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 42,700 /yr
- Last sold
- AED 2.6M · July 2024
- Building
- Golf Promenade 5A
About A902, Golf Promenade 5A
A902 is a three-bedroom apartment of 2,843 sqft on the 9th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 10 July 2024 for AED 2,600,000, or AED 914 per sqft, in line with the AED 905 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 25 November 2023, is AED 190,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 42,700 a year.
Sales and rents for A902 over time
A902 has sold twice; the dashed line is the three-bed median of each year in the building.
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 A902 sits
All 8 3-beds →A902 last sold in July 2024 at AED 914 per sqft, in line with what three-beds in Golf Promenade 5A were fetching at the time (AED 905).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Oct 202424 October 2024 | 1,722 sqft | 2,060,000 | 1,196 | ||
| 1 Apr 20241 April 2024 | 1,722 sqft | 1,870,000 | 1,086 | ||
| 5 Feb 20245 February 2024 | 3,293 sqft | 2,950,000 | 895 | ||
| 19 Jul 202319 July 2023 | 3,293 sqft | 2,443,140 | 741 |
Golf Promenade 5A
Building81 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%
Other units on the 9th floor
All 81 units in Golf Promenade 5A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A903 | 1-bed | 998 sqft | AED 1.06MAED 1,061,340 · Dec 2022December 2022 | 73,000 /yr | |
| A904 | 1-bed | 848 sqft | AED 921KAED 921,000 · Dec 2022December 2022 | 85,000 /yr | |
| A905 | 1-bed | 833 sqft | AED 886KAED 885,920 · Dec 2022December 2022 | 65,000 /yr | |
| A906 | 1-bed | 806 sqft | AED 833KAED 833,000 · Nov 2022November 2022 | 65,000 /yr | |
| A907 | 2-bed | 1,452 sqft | AED 1.39MAED 1,394,540 · Jan 2023January 2023 | 126,500 /yr |
A902, Golf Promenade 5A in numbers
- Sold twice: first on 6 December 2022 for AED 2,374,540, last on 10 July 2024 for AED 2,600,000 (AED 914 per sqft).
- Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 147,000 to AED 110,000 in 2021 and recovered to AED 190,000 by November 2023.
- At AED 190,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 42,700 a year (AED 15.00 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2024.
Questions about A902, Golf Promenade 5A
What did unit A902 last sell for?
AED 2,600,000 on 10 July 2024: AED 914 per sqft for 2,843 sqft. The unit has 2 registered sales; the first was AED 2,374,540 in December 2022.
What is the rent for unit A902?
AED 190,000 a year on the contract signed on 25 November 2023. The previous contract, from August 2021, was AED 110,000; the unit has been rented since October 2017.
How big is unit A902?
2,843 sqft (264.1 sqm): a three-bedroom apartment on the 9th floor of a 9-storey tower completed in 2019.
What is unit A902 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 A902, Golf Promenade 5A
Starts from the last sale price (AED 2.6M, 10 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →