2-bed · 1,353 sqftGolf Promenade 2A, Damac Hills · 6th floor · completed 2019

602, Golf Promenade 2A

Sold prices and rental history: sold 3 times, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 1.63M27 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Golf Promenade 2A

What is 602 worth today?

Last sold for AED 1,625,000 in 2024

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27 May 2024SoldReady
AED 1,625,000AED 1,200 per sqft
18 Jul 2017SoldOff-plan
AED 2,000,000AED 1,478 per sqft
22 Sep 2015Sold by developerOff-plan
AED 2,148,900AED 1,588 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
2-bed apartment
Size
1,353 sqft
Floor
6th of 12
Parking
G-19
Developer
DAMAC
Completed
2019
Service charge
AED 16,900 /yr
Last sold
AED 1.63M · May 2024

About 602, Golf Promenade 2A

602 is a two-bedroom apartment of 1,353 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 27 May 2024 for AED 1,625,000, or AED 1,200 per sqft, 22% 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 602 over time

Sales
Unit 602, 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 2015: AED 2,148,900 (AED 1,588 per sqft)Sold, July 2017: AED 2,000,000 (AED 1,478 per sqft)Sold, May 2024: AED 1,625,000 (AED 1,200 per sqft)

602 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 602, 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 602 sits

All 21 2-beds →

602 last sold in May 2024 at AED 1,200 per sqft, 22% 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
30 Apr 20242,300,000
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
6012-bedAED 1.75M · Oct 2023
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

602, Golf Promenade 2A in numbers

  • Sold 3 times: first on 22 September 2015 for AED 2,148,900, last on 27 May 2024 for AED 1,625,000 (AED 1,200 per sqft).

Source: Dubai Land Department. Updated 27 May 2024.

Questions about 602, Golf Promenade 2A

What did unit 602 last sell for?

AED 1,625,000 on 27 May 2024: AED 1,200 per sqft for 1,353 sqft. The unit has 3 registered sales; the first was AED 2,148,900 in September 2015.

How big is unit 602?

1,353 sqft (125.7 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower completed in 2019.

What is unit 602 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 602, Golf Promenade 2A

Starts from the last sale price (AED 1.63M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,000
Deposit, UAE resident (20%)
AED 325,000
Deposit, non-resident (40%)
AED 650,000
Monthly over 25 years at 3.7%
AED 6,648

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