2-bed · 1,631 sqftGolf Promenade 2A, Damac Hills · 7th floor · completed 2019

712, Golf Promenade 2A

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 2.05M9 December 2024
Current rentAED 90K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Golf Promenade 2A

What is 712 worth today?

Last sold for AED 2,050,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Dec 2024SoldReady
AED 2,050,000AED 1,257 per sqft
15 Jan 2024RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
15 Jan 2023RentedRenewal
AED 86,625/yr12 months · AED 53 per sqft
15 Jan 2022RentedNew contract
AED 82,500/yr12 months · AED 51 per sqft
15 Jan 2021RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
16 May 2019Sold by developerOff-plan
AED 1,423,200AED 872 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
2-bed apartment
Size
1,631 sqft
Floor
7th of 12
Parking
G-58
Developer
DAMAC
Completed
2019
Service charge
AED 20,400 /yr
Last sold
AED 2.05M · December 2024

About 712, Golf Promenade 2A

712 is a two-bedroom apartment of 1,631 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 9 December 2024 for AED 2,050,000, or AED 1,257 per sqft, 5% above the AED 1,195 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 90,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 20,400 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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, May 2019: AED 1,423,200 (AED 872 per sqft)Sold, December 2024: AED 2,050,000 (AED 1,257 per sqft)

712 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 712, 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 120,000New contract, January 2021: AED 75,000 a yearNew contract, January 2022: AED 82,500 a yearRenewal, January 2023: AED 86,625 a yearRenewal, January 2024: AED 90,000 a year

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 712 sits

All 21 2-beds →

712 last sold in December 2024 at AED 1,257 per sqft, 5% above what two-beds in Golf Promenade 2A were fetching at the time (AED 1,195). 712's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20241,900,000
4 Jun 20241,800,000
27 May 20241,625,000
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 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

712, Golf Promenade 2A in numbers

  • Sold twice: first on 16 May 2019 for AED 1,423,200, last on 9 December 2024 for AED 2,050,000 (AED 1,257 per sqft).
  • Rented since January 2021 on 4 Ejari contracts, from AED 75,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 20,400 a year (AED 12.48 per sqft).

Source: Dubai Land Department. Updated 9 December 2024.

Questions about 712, Golf Promenade 2A

What did unit 712 last sell for?

AED 2,050,000 on 9 December 2024: AED 1,257 per sqft for 1,631 sqft. The unit has 2 registered sales; the first was AED 1,423,200 in May 2019.

What is the rent for unit 712?

AED 90,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 86,625; the unit has been rented since January 2021.

How big is unit 712?

1,631 sqft (151.5 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2019.

What is unit 712 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 712? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 712, Golf Promenade 2A

Starts from the last sale price (AED 2.05M, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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