1-bed · 991 sqftGolf Promenade 2A, Damac Hills · 7th floor · completed 2019

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.

Unit 708 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.48M19 November 2015
Current rentAED 75K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Golf Promenade 2A

What is 708 worth today?

Last sold for AED 1,479,680 in 2015

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1 Dec 2024RentedRenewal
AED 75,000/yr12 months · AED 76 per sqft
1 Dec 2023RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft
24 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
19 Nov 2015Sold by developerOff-plan
AED 1,479,680AED 1,493 per sqft

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

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

Sales
Unit 708, 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, November 2015: AED 1,479,680 (AED 1,493 per sqft)

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

Rents
Unit 708, 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, October 2022: AED 60,000 a yearNew contract, December 2023: AED 75,000 a yearRenewal, December 2024: AED 75,000 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 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 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
7071-bedAED 1.41M · Jun 2014
1–7 of 14

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 →