TH-03, Golf Promenade 2A
Sold prices and rental history: sold twice, last in April 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH-03, Golf Promenade 2A
What is TH-03 worth today?
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Source: Dubai Land Department. Updated 11 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,592 sqft
- Floor
- Ground of 12
- Parking
- P2-43, P2-49
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 32,300 /yr
- Last sold
- AED 2.3M · April 2024
- Building
- Golf Promenade 2A
About TH-03, Golf Promenade 2A
TH-03 is a two-bedroom apartment of 2,592 sqft on the ground floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 30 April 2024 for AED 2,300,000, or AED 887 per sqft, 10% below the AED 982 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 11 June 2024, is AED 175,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 32,300 a year.
Sales and rents for TH-03 over time
TH-03 has sold twice; the dashed line is the two-bed median of each year in the building.
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 TH-03 sits
All 21 2-beds →TH-03 last sold in April 2024 at AED 887 per sqft, 10% below what two-beds in Golf Promenade 2A were fetching at the time (AED 982). TH-03's AED 175,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Dec 20249 December 2024 | 1,631 sqft | 2,050,000 | 1,257 | ||
| 23 Jul 202423 July 2024 | 2,034 sqft | 1,900,000 | 933 | ||
| 4 Jun 20244 June 2024 | 1,461 sqft | 1,800,000 | 1,232 | ||
| 27 May 202427 May 2024 | 1,353 sqft | 1,625,000 | 1,200 |
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 ground floor
All 124 units in Golf Promenade 2ATH-03, Golf Promenade 2A in numbers
- Sold twice: first on 5 May 2019 for AED 1,666,110, last on 30 April 2024 for AED 2,300,000 (AED 887 per sqft).
- Rented since October 2021 on 3 Ejari contracts, from AED 120,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 32,300 a year (AED 12.48 per sqft).
Source: Dubai Land Department. Updated 11 June 2024.
Questions about TH-03, Golf Promenade 2A
What did unit TH-03 last sell for?
AED 2,300,000 on 30 April 2024: AED 887 per sqft for 2,592 sqft. The unit has 2 registered sales; the first was AED 1,666,110 in May 2019.
What is the rent for unit TH-03?
AED 175,000 a year on the contract signed on 11 June 2024. The previous contract, from October 2022, was AED 120,000; the unit has been rented since October 2021.
How big is unit TH-03?
2,592 sqft (240.8 sqm): a two-bedroom apartment on the ground floor of a 12-storey tower completed in 2019.
What is unit TH-03 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on TH-03, Golf Promenade 2A
Starts from the last sale price (AED 2.3M, 30 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →