2-bed · 2,589 sqftGolf Promenade 2A, Damac Hills · Ground floor · completed 2019

TH-04, Golf Promenade 2A

Sold prices and rental history: sold 3 times, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH-04 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 2.55M5 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH-04, Golf Promenade 2A

What is TH-04 worth today?

Last sold for AED 2,550,000 in 2023

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5 Dec 2023SoldReady
AED 2,550,000AED 984 per sqft
15 Sep 2023SoldReady
AED 2,112,880AED 816 per sqft
22 Sep 2019Sold by developerOff-plan
AED 2,104,000AED 1,125 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
2-bed apartment
Size
2,589 sqft
Floor
Ground of 12
Parking
P2-44, P2-50
Developer
DAMAC
Completed
2019
Service charge
AED 32,300 /yr
Last sold
AED 2.55M · December 2023

About TH-04, Golf Promenade 2A

TH-04 is a two-bedroom apartment of 2,589 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 5 December 2023 for AED 2,550,000, or AED 984 per sqft, in line with the AED 982 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for TH-04 over time

Sales
Unit TH-04, each saleTypical two-bed in Golf Promenade 2A
2M2015201820212024Typical 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, September 2019: AED 2,104,000 (AED 1,125 per sqft)Sold, September 2023: AED 2,112,880 (AED 816 per sqft)Sold, December 2023: AED 2,550,000 (AED 984 per sqft)

TH-04 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit TH-04, 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 120,000

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-04 sits

All 21 2-beds →

TH-04 last sold in December 2023 at AED 984 per sqft, in line with what two-beds in Golf Promenade 2A were fetching at the time (AED 982).

Recent 2-bed salesUnit no.Price (AED)Summary
9 Dec 20242,050,000
23 Jul 20241,900,000
4 Jun 20241,800,000
27 May 20241,625,000
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 ground floor

All 124 units in Golf Promenade 2A
Value
TH-013-bedAED 2.6M · Nov 2019
TH-023-bedAED 4.1M · Nov 2025
TH-032-bedAED 2.3M · Apr 2024

TH-04, Golf Promenade 2A in numbers

  • Sold 3 times: first on 22 September 2019 for AED 2,104,000, last on 5 December 2023 for AED 2,550,000 (AED 984 per sqft).

Source: Dubai Land Department. Updated 5 December 2023.

Questions about TH-04, Golf Promenade 2A

What did unit TH-04 last sell for?

AED 2,550,000 on 5 December 2023: AED 984 per sqft for 2,589 sqft. The unit has 3 registered sales; the first was AED 2,104,000 in September 2019.

How big is unit TH-04?

2,589 sqft (240.5 sqm): a two-bedroom apartment on the ground floor of a 12-storey tower completed in 2019.

What is unit TH-04 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-04, Golf Promenade 2A

Starts from the last sale price (AED 2.55M, 5 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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