2-bed · 1,644 sqftGolf Promenade 2A, Damac Hills · 6th floor · completed 2019

601, Golf Promenade 2A

Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 2 October 2023
Last soldAED 1.75M2 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Golf Promenade 2A

What is 601 worth today?

Last sold for AED 1,750,000 in 2023

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2 Oct 2023SoldReady
AED 1,750,000AED 1,064 per sqft
6 Oct 2019Sold by developerOff-plan
AED 1,359,200AED 826 per sqft

Source: Dubai Land Department. Updated 2 October 2023.

Key facts

Type
2-bed apartment
Size
1,644 sqft
Floor
6th of 12
Parking
G-18
Developer
DAMAC
Completed
2019
Service charge
AED 20,500 /yr
Last sold
AED 1.75M · October 2023

About 601, Golf Promenade 2A

601 is a two-bedroom apartment of 1,644 sqft on the 6th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 2 October 2023 for AED 1,750,000, or AED 1,064 per sqft, 10% above the AED 970 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 601 over time

Sales
Unit 601, 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, October 2019: AED 1,359,200 (AED 826 per sqft)Sold, October 2023: AED 1,750,000 (AED 1,064 per sqft)

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

Rents
Unit 601, 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 601 sits

All 21 2-beds →

601 last sold in October 2023 at AED 1,064 per sqft, 10% above what two-beds in Golf Promenade 2A were fetching at the time (AED 970).

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 6th floor

All 124 units in Golf Promenade 2A
Value
6022-bedAED 1.63M · May 2024
6031-bedAED 1.34M · Jun 2014
604StudioAED 626K · Mar 2024
605StudioAED 833K · Dec 2014
606StudioAED 500K · Nov 2023
6071-bedAED 851K · Jul 2022
6081-bedAED 874K · Apr 2022
1–7 of 14

601, Golf Promenade 2A in numbers

  • Sold twice: first on 6 October 2019 for AED 1,359,200, last on 2 October 2023 for AED 1,750,000 (AED 1,064 per sqft).

Source: Dubai Land Department. Updated 2 October 2023.

Questions about 601, Golf Promenade 2A

What did unit 601 last sell for?

AED 1,750,000 on 2 October 2023: AED 1,064 per sqft for 1,644 sqft. The unit has 2 registered sales; the first was AED 1,359,200 in October 2019.

How big is unit 601?

1,644 sqft (152.7 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower completed in 2019.

What is unit 601 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 601, Golf Promenade 2A

Starts from the last sale price (AED 1.75M, 2 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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