2-bed · 1,409 sqftGolf Promenade 2A, Damac Hills · 12th floor · completed 2019

1204, Golf Promenade 2A

Sold prices and rental history: sold once, by the developer in October 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 1.08M20 October 2020
Current rentAED 140K /yr20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Golf Promenade 2A

What is 1204 worth today?

Last sold for AED 1,081,000 in 2020

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20 Jan 2025RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
20 Jan 2025RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
21 Oct 2023RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
7 Jul 2022RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
21 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
20 Oct 2020Sold by developerReady
AED 1,081,000AED 767 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
12th of 12
Parking
P1-14
Developer
DAMAC
Completed
2019
Service charge
AED 17,600 /yr
Last sold
AED 1.08M · October 2020

About 1204, Golf Promenade 2A

1204 is a two-bedroom apartment of 1,409 sqft on the 12th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 20 October 2020 for AED 1,081,000, or AED 767 per sqft.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 20 January 2025, is AED 140,000 a year: a gross yield of 13.0% on the 2020 price, before the service charge of about AED 17,600 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Golf Promenade 2A
1M1.5M2M2015201820212024Typical sale price by year: 2015 AED 2,157,825; 2019 AED 1,423,200; 2021 AED 1,282,500; 2022 AED 1,436,800; 2023 AED 1,700,000; 2024 AED 1,850,000Sold by developer, October 2020: AED 1,081,000 (AED 767 per sqft)

1204 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Golf Promenade 2A
100K150K2021202320252027Typical rent by year: 2021 AED 82,500; 2022 AED 100,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 120,000New contract, June 2021: AED 80,000 a yearNew contract, July 2022: AED 100,000 a yearNew contract, October 2023: AED 120,000 a yearNew contract, January 2025: AED 140,000 a yearNew contract, January 2025: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golf Promenade 2A, and where 1204 sits

All 21 2-beds →

1204's AED 140,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Dec 20242,050,000
23 Jul 20241,900,000
4 Jun 20241,800,000
27 May 20241,625,000
0 2-bed sales in the last 12 months

Golf Promenade 2A

Building

124 apartments, studios to 3-bed over 12 floors in Damac Hills, completed in 2019 by DAMAC. 8 sold in the last 12 months.

Typical price per sqft
AED 1,139
Typical sale
AED 728K
Typical rent
AED 69K /yr
Typical yield
8.0%
Golf Promenade 2A, Damac Hills: prices, sales and rents →

Other units on the 12th floor

All 124 units in Golf Promenade 2A
Value
12013-bedAED 2.73M · Jan 2025
12023-bedAED 2.12M · Aug 2021
12031-bedAED 769K · Dec 2020
12051-bedAED 833K · Mar 2022
12061-bedAED 857K · Apr 2022
12071-bedAED 1.07M · Sep 2025

1204, Golf Promenade 2A in numbers

  • Sold once: by DAMAC on 20 October 2020 for AED 1,081,000, or AED 767 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 80,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2020 price is 13.0%, before a service charge of about AED 17,600 a year (AED 12.48 per sqft).

Source: Dubai Land Department. Updated 20 January 2025.

Questions about 1204, Golf Promenade 2A

What did unit 1204 last sell for?

AED 1,081,000 on 20 October 2020, sold by the developer: AED 767 per sqft for 1,409 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 140,000 a year on the contract signed on 20 January 2025. The previous contract, from January 2025, was AED 140,000; the unit has been rented since June 2021.

How big is unit 1204?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2019.

What is unit 1204 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 1204, Golf Promenade 2A

Starts from the last sale price (AED 1.08M, 20 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,081,000
Deposit, UAE resident (20%)
AED 216,200
Deposit, non-resident (40%)
AED 432,400
Monthly over 25 years at 3.7%
AED 4,423

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →