Studio · 490 sqftGolf Promenade 2A, Damac Hills · 7th floor · completed 2019

703A, Golf Promenade 2A

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703A · DLD and Ejari recordsUpdated 19 August 2026
Last soldAED 450K17 November 2023
Current rentAED 48K /yr19 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703A, Golf Promenade 2A

What is 703A worth today?

Last sold for AED 450,000 in 2023

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19 Aug 2026RentedRenewal
AED 48,000/yr12 months · AED 98 per sqft
19 Aug 2025RentedNew contract
AED 48,000/yr12 months · AED 98 per sqft
3 Jun 2024RentedNew contract
AED 44,875/yr12 months · AED 93 per sqft
17 Nov 2023SoldReady
AED 450,000AED 918 per sqft
1 Nov 2023RentedRenewal
AED 36,750/yr12 months · AED 76 per sqft
1 Nov 2022RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
30 Aug 2015Sold by developerOff-plan
AED 784,700AED 1,601 per sqft

Source: Dubai Land Department. Updated 19 August 2026.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
7th of 12
Parking
G-36
Developer
DAMAC
Completed
2019
Service charge
AED 6,100 /yr
Last sold
AED 450K · November 2023

About 703A, Golf Promenade 2A

703A is a studio of 490 sqft on the 7th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 17 November 2023 for AED 450,000, or AED 918 per sqft, 19% below the AED 1,127 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 19 August 2026, is AED 48,000 a year: a gross yield of 10.7% on the 2023 price, before the service charge of about AED 6,100 a year.

Sales and rents for 703A over time

Sales
Unit 703A, each saleTypical studio in Golf Promenade 2A
500K750K2014201820222026Typical 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, August 2015: AED 784,700 (AED 1,601 per sqft)Sold, November 2023: AED 450,000 (AED 918 per sqft)

703A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 703A, each contractTypical studio in Golf Promenade 2A
30K40K50K2021202320252027Typical 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, November 2022: AED 35,000 a yearRenewal, November 2023: AED 36,750 a yearNew contract, June 2024: AED 44,875 a yearNew contract, August 2025: AED 48,000 a yearRenewal, August 2026: AED 48,000 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 703A sits

All 42 studios →

703A last sold in November 2023 at AED 918 per sqft, 19% below what studios in Golf Promenade 2A were fetching at the time (AED 1,127). 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. 703A's AED 48,000 is in the upper half 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 7th floor

All 124 units in Golf Promenade 2A
Value
701StudioAED 513K · Aug 2015
702StudioAED 490K · Feb 2024
703StudioAED 600K · Aug 2026
704StudioAED 620K · Jul 2025
7051-bedAED 1.26M · Oct 2015
7061-bedAED 870K · Jan 2025
7071-bedAED 1.41M · Jun 2014
1–7 of 14

703A, Golf Promenade 2A in numbers

  • Sold twice: first on 30 August 2015 for AED 784,700, last on 17 November 2023 for AED 450,000 (AED 918 per sqft).
  • Rented since November 2022 on 5 Ejari contracts, from AED 35,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2023 price is 10.7%, before a service charge of about AED 6,100 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 19 August 2026.

Questions about 703A, Golf Promenade 2A

What did unit 703A last sell for?

AED 450,000 on 17 November 2023: AED 918 per sqft for 490 sqft. The unit has 2 registered sales; the first was AED 784,700 in August 2015.

What is the rent for unit 703A?

AED 48,000 a year on the contract renewed on 19 August 2026. The previous contract, from August 2025, was AED 48,000; the unit has been rented since November 2022.

How big is unit 703A?

490 sqft (45.5 sqm): a studio on the 7th floor of a 12-storey tower completed in 2019.

What is unit 703A 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 703A, Golf Promenade 2A

Starts from the last sale price (AED 450K, 17 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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