3-bed · 2,793 sqftGolf Promenade 2B, Damac Hills · 12th floor · completed 2019

1201, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in November 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 3 January 2026
Last soldAED 2.16M1 November 2021
Current rentAED 170K /yr3 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Golf Promenade 2B

What is 1201 worth today?

Last sold for AED 2,163,000 in 2021

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3 Jan 2026RentedRenewal
AED 170,000/yr12 months · AED 61 per sqft
16 May 2025RentedRenewal
AED 217,660/yr8 months · AED 78 per sqft
16 May 2025RentedRenewal
AED 217,660/yr8 months · AED 78 per sqft
1 Jan 2025RentedRenewal
AED 220,791/yr4 months · AED 79 per sqft
1 Jan 2025RentedRenewal
AED 220,791/yr4 months · AED 79 per sqft
1 Jan 2024RentedNew contract
AED 200,000/yr12 months · AED 72 per sqft
1 Sep 2022RentedNew contract
AED 160,000/yr12 months · AED 57 per sqft
1 Nov 2021Sold by developerReady
AED 2,163,000AED 774 per sqft

Source: Dubai Land Department. Updated 3 January 2026.

Key facts

Type
3-bed apartment
Size
2,793 sqft
Floor
12th of 12
Parking
P2-41, P2-47
Developer
DAMAC
Completed
2019
Service charge
AED 34,900 /yr
Last sold
AED 2.16M · November 2021

About 1201, Golf Promenade 2B

1201 is a three-bedroom apartment of 2,793 sqft on the 12th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 1 November 2021 for AED 2,163,000, or AED 774 per sqft, in line with the AED 784 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 3 January 2026, is AED 170,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 34,900 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical three-bed in Golf Promenade 2B
2M2.5M2021202220232024Typical sale price by year: 2021 AED 2,045,400; 2022 AED 2,613,000; 2023 AED 2,300,000Sold by developer, November 2021: AED 2,163,000 (AED 774 per sqft)

1201 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1201, each contractTypical three-bed in Golf Promenade 2B
150K200K2021202320252027Typical rent by year: 2021 AED 130,000; 2022 AED 133,217; 2024 AED 200,000; 2025 AED 219,226; 2026 AED 157,500New contract, September 2022: AED 160,000 a yearNew contract, January 2024: AED 200,000 a yearRenewal, January 2025: AED 220,791 a yearRenewal, January 2025: AED 220,791 a yearRenewal, May 2025: AED 217,660 a yearRenewal, May 2025: AED 217,660 a yearRenewal, January 2026: AED 170,000 a year

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

3-beds in Golf Promenade 2B, and where 1201 sits

All 9 3-beds →

1201 last sold in November 2021 at AED 774 per sqft, in line with what three-beds in Golf Promenade 2B were fetching at the time (AED 784). 1201's AED 170,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 May 20243,064,230
14 Dec 20232,300,000
18 Sep 20232,400,000
31 Jul 20232,250,000
0 3-bed 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 12th floor

All 124 units in Golf Promenade 2B
Value
12023-bedAED 1.93M · Sep 2021
12031-bedAED 1.07M · Dec 2020
12042-bedAED 1.08M · Jan 2021
12051-bedAED 1.03M · Oct 2025
12061-bedAED 711K · Feb 2021
12071-bedAED 667K · Nov 2020

1201, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 1 November 2021 for AED 2,163,000, or AED 774 per sqft.
  • Rented since September 2022 on 7 Ejari contracts, from AED 160,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 34,900 a year (AED 12.48 per sqft).

Source: Dubai Land Department. Updated 3 January 2026.

Questions about 1201, Golf Promenade 2B

What did unit 1201 last sell for?

AED 2,163,000 on 1 November 2021, sold by the developer: AED 774 per sqft for 2,793 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 170,000 a year on the contract renewed on 3 January 2026. The previous contract, from May 2025, was AED 217,660; the unit has been rented since September 2022.

How big is unit 1201?

2,793 sqft (259.5 sqm): a three-bedroom apartment on the 12th floor of a 12-storey tower completed in 2019.

What is unit 1201 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 1201, Golf Promenade 2B

Starts from the last sale price (AED 2.16M, 1 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,163,000
Deposit, UAE resident (20%)
AED 432,600
Deposit, non-resident (40%)
AED 865,200
Monthly over 25 years at 3.7%
AED 8,850

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