1-bed · 850 sqftGolf Promenade 2A, Damac Hills · 7th floor · completed 2019

707, Golf Promenade 2A

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 1.41M16 June 2014
Current rentAED 70K /yr22 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Golf Promenade 2A

What is 707 worth today?

Last sold for AED 1,406,000 in 2014

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22 Oct 2024RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
14 Aug 2023RentedNew contract
AED 63,000/yr12 months · AED 74 per sqft
1 Jul 2022RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
1 May 2021RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
16 Jun 2014Sold by developerOff-plan
AED 1,406,000AED 1,654 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
7th of 12
Parking
G-53
Developer
DAMAC
Completed
2019
Service charge
AED 10,600 /yr
Last sold
AED 1.41M · June 2014

About 707, Golf Promenade 2A

707 is a one-bedroom apartment of 850 sqft on the 7th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 16 June 2014 for AED 1,406,000, or AED 1,654 per sqft, 4% above the AED 1,597 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 22 October 2024, is AED 70,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 10,600 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical one-bed in Golf Promenade 2A
1M1.5M20142017202020232026Typical sale price by year: 2014 AED 1,372,750; 2015 AED 1,256,850; 2016 AED 1,233,608; 2018 AED 1,123,260; 2019 AED 1,144,000; 2020 AED 790,500; 2021 AED 811,500; 2022 AED 866,000; 2024 AED 1,285,700; 2025 AED 990,000Sold by developer, June 2014: AED 1,406,000 (AED 1,654 per sqft)

707 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 707, each contractTypical one-bed in Golf Promenade 2A
60K2021202320252027Typical rent by year: 2021 AED 50,000; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 72,000; 2025 AED 75,000; 2026 AED 74,500New contract, May 2021: AED 48,000 a yearNew contract, July 2022: AED 55,000 a yearNew contract, August 2023: AED 63,000 a yearNew contract, October 2024: AED 70,000 a year

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

1-beds in Golf Promenade 2A, and where 707 sits

All 52 1-beds →

707 last sold in June 2014 at AED 1,654 per sqft, 4% above what one-beds in Golf Promenade 2A were fetching at the time (AED 1,597). Over the last 12 months one-beds sold for AED 950,000, around AED 1,160 per sqft, and rent for AED 59,125 to 93,999 a year. 707's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jul 2026950,000
8 Sep 20251,070,000
26 Jun 20251,000,000
8 May 2025990,000
1 1-bed sale 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
7081-bedAED 1.48M · Nov 2015
1–7 of 14

707, Golf Promenade 2A in numbers

  • Sold once: by DAMAC on 16 June 2014 for AED 1,406,000, or AED 1,654 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 48,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2014 price is 5.0%, before a service charge of about AED 10,600 a year (AED 12.48 per sqft).
  • One-beds in Golf Promenade 2A sold for AED 950,000–950,000 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 22 October 2024.

Questions about 707, Golf Promenade 2A

What did unit 707 last sell for?

AED 1,406,000 on 16 June 2014, sold by the developer: AED 1,654 per sqft for 850 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 70,000 a year on the contract signed on 22 October 2024. The previous contract, from August 2023, was AED 63,000; the unit has been rented since May 2021.

How big is unit 707?

850 sqft (79.0 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2019.

What is unit 707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Promenade 2A sold for AED 950,000 to 950,000 in the last 12 months, around AED 1,160 per sqft.

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Mortgage on 707, Golf Promenade 2A

Starts from the last sale price (AED 1.41M, 16 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,406,000
Deposit, UAE resident (20%)
AED 281,200
Deposit, non-resident (40%)
AED 562,400
Monthly over 25 years at 3.7%
AED 5,752

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