
708, Golf Promenade 2A
Sold prices and rental history: sold once, by the developer in November 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Golf Promenade 2A
What is 708 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 991 sqft
- Floor
- 7th of 12
- Parking
- G-54
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 12,400 /yr
- Last sold
- AED 1.48M · November 2015
- Building
- Golf Promenade 2A
About 708, Golf Promenade 2A
708 is a one-bedroom hotel apartment of 991 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 19 November 2015 for AED 1,479,680, or AED 1,493 per sqft, 3% below the AED 1,540 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 75,000 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 12,400 a year.
Sales and rents for 708 over time
708 has sold once; the dashed line is the one-bed median of each year in the building.
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 708 sits
All 52 1-beds →708 last sold in November 2015 at AED 1,493 per sqft, 3% below what one-beds in Golf Promenade 2A were fetching at the time (AED 1,540). 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. 708's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jul 20268 July 2026 | 819 sqft | 950,000 | 1,160 | ||
| 8 Sep 20258 September 2025 | 829 sqft | 1,070,000 | 1,290 | ||
| 26 Jun 202526 June 2025 | 798 sqft | 1,000,000 | 1,253 | ||
| 8 May 20258 May 2025 | 828 sqft | 990,000 | 1,195 |
Golf Promenade 2A
Building124 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%
Other units on the 7th floor
All 124 units in Golf Promenade 2A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 329 sqft | AED 513KAED 513,000 · Aug 2015August 2015 | ||
| 702 | Studio | 389 sqft | AED 490KAED 490,000 · Feb 2024February 2024 | 41,000 /yr | |
| 703 | Studio | 463 sqft | AED 600KAED 600,000 · Aug 2026August 2026 | 42,245 /yr | |
| 704 | Studio | 525 sqft | AED 620KAED 620,000 · Jul 2025July 2025 | 48,000 /yr | |
| 705 | 1-bed | 816 sqft | AED 1.26MAED 1,256,850 · Oct 2015October 2015 | 85,000 /yr | |
| 706 | 1-bed | 848 sqft | AED 870KAED 870,000 · Jan 2025January 2025 | 70,000 /yr | |
| 707 | 1-bed | 850 sqft | AED 1.41MAED 1,406,000 · Jun 2014June 2014 | 70,000 /yr | |
| 709 | Studio | 493 sqft | AED 615KAED 615,000 · Aug 2025August 2025 | 48,000 /yr | |
| 710 | 1-bed | 852 sqft | AED 900KAED 900,000 · Apr 2022April 2022 | 75,000 /yr | |
| 711 | 1-bed | 726 sqft | AED 1.1MAED 1,102,000 · Jun 2015June 2015 | 70,000 /yr | |
| 712 | 2-bed | 1,631 sqft | AED 2.05MAED 2,050,000 · Dec 2024December 2024 | 90,000 /yr | |
| 713 | 2-bed | 1,367 sqft | AED 1.24MAED 1,242,000 · Dec 2021December 2021 | 110,000 /yr | |
| 703A | Studio | 490 sqft | AED 450KAED 450,000 · Nov 2023November 2023 | 48,000 /yr | |
| 703B | Studio | 464 sqft | AED 710KAED 709,650 · Oct 2015October 2015 |
708, Golf Promenade 2A in numbers
- Sold once: by DAMAC on 19 November 2015 for AED 1,479,680, or AED 1,493 per sqft.
- Rented since October 2022 on 3 Ejari contracts, from AED 60,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2015 price is 5.1%, before a service charge of about AED 12,400 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 1 December 2024.
Questions about 708, Golf Promenade 2A
What did unit 708 last sell for?
AED 1,479,680 on 19 November 2015, sold by the developer: AED 1,493 per sqft for 991 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 75,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 75,000; the unit has been rented since October 2022.
How big is unit 708?
991 sqft (92.1 sqm): a one-bedroom hotel apartment on the 7th floor of a 12-storey tower completed in 2019.
What is unit 708 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 708, Golf Promenade 2A
Starts from the last sale price (AED 1.48M, 19 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,479,680
- Deposit, UAE resident (20%)
- AED 295,936
- Deposit, non-resident (40%)
- AED 591,872
- Monthly over 25 years at 3.7%
- AED 6,054
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →