2-bed · 1,386 sqftGolf Promenade 2A, Damac Hills · 5th floor · completed 2019

514, Golf Promenade 2A

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 12 March 2024
Last soldAED 1.65M12 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Golf Promenade 2A

What is 514 worth today?

Last sold for AED 1,650,000 in 2024

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12 Mar 2024SoldReady
AED 1,650,000AED 1,190 per sqft
4 Sep 2021Sold by developerReady
AED 1,253,000AED 903 per sqft

Source: Dubai Land Department. Updated 12 March 2024.

Key facts

Type
2-bed apartment
Size
1,386 sqft
Floor
5th of 12
Parking
G-17
Developer
DAMAC
Completed
2019
Service charge
AED 17,300 /yr
Last sold
AED 1.65M · March 2024

About 514, Golf Promenade 2A

514 is a two-bedroom apartment of 1,386 sqft on the 5th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 12 March 2024 for AED 1,650,000, or AED 1,190 per sqft, 21% above the AED 984 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 514 over time

Sales
Unit 514, each saleTypical two-bed in Golf Promenade 2A
1.5M2M2015201820212024Typical 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, September 2021: AED 1,253,000 (AED 903 per sqft)Sold, March 2024: AED 1,650,000 (AED 1,190 per sqft)

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

Rents
Unit 514, each contractTypical two-bed in Golf Promenade 2A
75K100K125K2021202320252027Typical 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 120,000

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 514 sits

All 21 2-beds →

514 last sold in March 2024 at AED 1,190 per sqft, 21% above what two-beds in Golf Promenade 2A were fetching at the time (AED 984).

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 5th floor

All 124 units in Golf Promenade 2A
Value
5012-bedAED 2.09M · Aug 2015
502StudioAED 363K · Oct 2021
5031-bedAED 950K · May 2024
504StudioAED 580K · Oct 2025
505StudioAED 500K · Nov 2023
506StudioAED 823K · Oct 2015
5071-bedAED 875K · Apr 2022
1–7 of 14

514, Golf Promenade 2A in numbers

  • Sold twice: first on 4 September 2021 for AED 1,253,000, last on 12 March 2024 for AED 1,650,000 (AED 1,190 per sqft).

Source: Dubai Land Department. Updated 12 March 2024.

Questions about 514, Golf Promenade 2A

What did unit 514 last sell for?

AED 1,650,000 on 12 March 2024: AED 1,190 per sqft for 1,386 sqft. The unit has 2 registered sales; the first was AED 1,253,000 in September 2021.

How big is unit 514?

1,386 sqft (128.8 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.

What is unit 514 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 514, Golf Promenade 2A

Starts from the last sale price (AED 1.65M, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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