G+P 01, Golf Promenade 5A
Sold prices and rental history: sold once, by the developer in January 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G+P 01, Golf Promenade 5A
What is G+P 01 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 31 January 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,339 sqft
- Floor
- Ground of 9
- Parking
- B-30, B-34
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 35,100 /yr
- Last sold
- AED 2.06M · January 2022
- Building
- Golf Promenade 5A
About G+P 01, Golf Promenade 5A
G+P 01 is a three-bedroom apartment of 2,339 sqft on the ground floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 31 January 2022 for AED 2,064,000, or AED 882 per sqft.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 December 2020, is AED 120,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 35,100 a year.
Sales and rents for G+P 01 over time
G+P 01 has sold once; 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 G+P 01 sits
All 8 3-beds →| 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 | ||
| 10 Jul 202410 July 2024 | 2,843 sqft | 2,600,000 | 914 | ||
| 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 |
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 ground floor
All 81 units in Golf Promenade 5AG+P 01, Golf Promenade 5A in numbers
- Sold once: by DAMAC on 31 January 2022 for AED 2,064,000, or AED 882 per sqft.
- Rented since August 2017 on 3 Ejari contracts, from AED 165,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 35,100 a year (AED 15.00 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 31 January 2022.
Questions about G+P 01, Golf Promenade 5A
What did unit G+P 01 last sell for?
AED 2,064,000 on 31 January 2022, sold by the developer: AED 882 per sqft for 2,339 sqft. It is the only registered sale of the unit.
What is the rent for unit G+P 01?
AED 120,000 a year on the contract signed on 1 December 2020. The previous contract, from September 2019, was AED 131,500; the unit has been rented since August 2017.
How big is unit G+P 01?
2,339 sqft (217.3 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2019.
What is unit G+P 01 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 G+P 01, Golf Promenade 5A
Starts from the last sale price (AED 2.06M, 31 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,064,000
- Deposit, UAE resident (20%)
- AED 412,800
- Deposit, non-resident (40%)
- AED 825,600
- Monthly over 25 years at 3.7%
- AED 8,444
Plus AED 91,698 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →