Studio · 485 sqftGolf Promenade 2B, Damac Hills · 10th floor · completed 2019

1001, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 770K4 June 2015
Current rentAED 40K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Golf Promenade 2B

What is 1001 worth today?

Last sold for AED 769,500 in 2015

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1 Oct 2026RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
5 May 2024RentedRenewal
AED 45,000/yr12 months · AED 93 per sqft
5 May 2023RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
7 Apr 2022RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
4 Jun 2015Sold by developerOff-plan
AED 769,500AED 1,586 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
485 sqft
Floor
10th of 12
Parking
P2-38
Developer
DAMAC
Completed
2019
Service charge
AED 6,100 /yr
Last sold
AED 770K · June 2015

About 1001, Golf Promenade 2B

1001 is a studio of 485 sqft on the 10th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 4 June 2015 for AED 769,500, or AED 1,586 per sqft, in line with the AED 1,576 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 40,000 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 6,100 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical studio in Golf Promenade 2B
600K700K800K20152018202120242027Typical sale price by year: 2015 AED 742,900; 2016 AED 735,300; 2023 AED 640,920; 2024 AED 600,000; 2025 AED 571,000; 2026 AED 570,000Sold by developer, June 2015: AED 769,500 (AED 1,586 per sqft)

1001 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1001, each contractTypical studio in Golf Promenade 2B
30K40K2021202320252027Typical rent by year: 2021 AED 30,000; 2022 AED 32,000; 2023 AED 35,101; 2024 AED 40,500; 2025 AED 44,100; 2026 AED 45,000New contract, April 2022: AED 35,000 a yearNew contract, May 2023: AED 40,000 a yearRenewal, May 2024: AED 45,000 a yearNew contract, October 2026: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Golf Promenade 2B, and where 1001 sits

All 42 studios →

1001 last sold in June 2015 at AED 1,586 per sqft, in line with what studios in Golf Promenade 2B were fetching at the time (AED 1,576). Over the last 12 months studios sold for AED 520,000 to 598,784, around AED 1,328 per sqft, and rent for AED 35,000 to 63,000 a year. 1001's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Oct 2026598,784
16 Sep 2026590,000
25 Aug 2026570,000
24 Apr 2026550,000
5 studio sales in the last 12 months

Golf Promenade 2B

Building

124 apartments, studios to 3-bed over 12 floors in Damac Hills, completed in 2019 by DAMAC. 13 sold in the last 12 months.

Typical price per sqft
AED 1,295 Up 4.1%
Typical sale
AED 1.05M
Typical rent
AED 70K /yr
Typical yield
6.7%
Golf Promenade 2B, Damac Hills: prices, sales and rents →

Other units on the 10th floor

All 124 units in Golf Promenade 2B
Value
1002StudioAED 735K · Jun 2015
10031-bedAED 1.46M · Nov 2015
10041-bedAED 721K · Dec 2020
10051-bedAED 1.13M · May 2018
10061-bedAED 845K · Sep 2022
10072-bedAED 1.24M · Apr 2019
10081-bedAED 848K · Oct 2026
1–7 of 9

1001, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 4 June 2015 for AED 769,500, or AED 1,586 per sqft.
  • Rented since April 2022 on 4 Ejari contracts, from AED 35,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 6,100 a year (AED 12.48 per sqft).
  • Studios in Golf Promenade 2B sold for AED 520,000–598,784 in the 12 months to November 2026; the building's median across all types is AED 1,295 per sqft.

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 1001, Golf Promenade 2B

What did unit 1001 last sell for?

AED 769,500 on 4 June 2015, sold by the developer: AED 1,586 per sqft for 485 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 40,000 a year on the contract signed on 1 October 2026. The previous contract, from May 2024, was AED 45,000; the unit has been rented since April 2022.

How big is unit 1001?

485 sqft (45.1 sqm): a studio on the 10th floor of a 12-storey tower completed in 2019.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 2B sold for AED 520,000 to 598,784 in the last 12 months, around AED 1,328 per sqft.

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Mortgage on 1001, Golf Promenade 2B

Starts from the last sale price (AED 770K, 4 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 769,500
Deposit, UAE resident (20%)
AED 153,900
Deposit, non-resident (40%)
AED 307,800
Monthly over 25 years at 3.7%
AED 3,148

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