Studio · 543 sqftGolf Promenade 2A, Damac Hills · 4th floor · completed 2019

405, Golf Promenade 2A

Sold prices and rental history: sold twice, last in July 2021, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 13 July 2021
Last soldAED 407K13 July 2021
Current rentAED 28K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Golf Promenade 2A

What is 405 worth today?

Last sold for AED 407,000 in 2021

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13 Jul 2021SoldReady
AED 407,000AED 748 per sqft
15 Dec 2020RentedNew contract
AED 28,000/yr12 months · AED 52 per sqft
3 Jul 2014Sold by developerOff-plan
AED 1,011,750AED 1,861 per sqft

Source: Dubai Land Department. Updated 13 July 2021.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
4th of 12
Parking
B-16
Developer
DAMAC
Completed
2019
Service charge
AED 6,800 /yr
Last sold
AED 407K · July 2021

About 405, Golf Promenade 2A

405 is a studio of 543 sqft on the 4th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 13 July 2021 for AED 407,000, or AED 748 per sqft, 3% above the AED 724 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 December 2020. The current contract, signed on 15 December 2020, is AED 28,000 a year: a gross yield of 6.9% on the 2021 price, before the service charge of about AED 6,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical studio in Golf Promenade 2A
500K1M2014201820222026Typical sale price by year: 2014 AED 886,825; 2015 AED 752,400; 2021 AED 362,500; 2022 AED 526,710; 2023 AED 550,000; 2024 AED 580,000; 2025 AED 600,000; 2026 AED 600,000Sold by developer, July 2014: AED 1,011,750 (AED 1,861 per sqft)Sold, July 2021: AED 407,000 (AED 748 per sqft)

405 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 405, each contractTypical studio in Golf Promenade 2A
30K40K2020202220242026Typical rent by year: 2021 AED 30,000; 2022 AED 33,300; 2023 AED 38,000; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 45,000New contract, December 2020: AED 28,000 a year

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

Studios in Golf Promenade 2A, and where 405 sits

All 42 studios →

405 last sold in July 2021 at AED 748 per sqft, 3% above what studios in Golf Promenade 2A were fetching at the time (AED 724). Over the last 12 months studios sold for AED 600,000 to 855,000, around AED 1,143 per sqft, and rent for AED 35,000 to 56,000 a year. 405's AED 28,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Aug 2026600,000
23 Jul 2026600,000
8 Apr 2026855,000
18 Feb 2026600,000
5 studio 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 4th floor

All 124 units in Golf Promenade 2A
Value
4012-bedAED 1.51M · Feb 2019
402StudioAED 530K · Apr 2015
4031-bedAED 990K · May 2025
404StudioAED 600K · Feb 2026
406StudioAED 600K · Jul 2026
4071-bedAED 1.34M · Jun 2014
4081-bedAED 950K · Jul 2026
1–7 of 14

405, Golf Promenade 2A in numbers

  • Sold twice: first on 3 July 2014 for AED 1,011,750, last on 13 July 2021 for AED 407,000 (AED 748 per sqft).
  • Rented since December 2020 on one Ejari contract, at AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2021 price is 6.9%, before a service charge of about AED 6,800 a year (AED 12.48 per sqft).
  • Studios in Golf Promenade 2A sold for AED 600,000–855,000 in the 12 months to November 2026; the building's median across all types is AED 1,139 per sqft.

Source: Dubai Land Department. Updated 13 July 2021.

Questions about 405, Golf Promenade 2A

What did unit 405 last sell for?

AED 407,000 on 13 July 2021: AED 748 per sqft for 543 sqft. The unit has 2 registered sales; the first was AED 1,011,750 in July 2014.

What is the rent for unit 405?

AED 28,000 a year on the contract signed on 15 December 2020.

How big is unit 405?

543 sqft (50.4 sqm): a studio on the 4th floor of a 12-storey tower completed in 2019.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 2A sold for AED 600,000 to 855,000 in the last 12 months, around AED 1,143 per sqft.

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Mortgage on 405, Golf Promenade 2A

Starts from the last sale price (AED 407K, 13 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 407,000
Deposit, UAE resident (20%)
AED 81,400
Deposit, non-resident (40%)
AED 162,800
Monthly over 25 years at 3.7%
AED 1,665

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