1-bed · 903 sqftGolf Promenade 2B, Damac Hills · 12th floor · completed 2019

1203, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in December 2020, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 28 September 2026
Last soldAED 1.07M17 December 2020
Current rentAED 70K /yr28 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Golf Promenade 2B

What is 1203 worth today?

Last sold for AED 1,070,000 in 2020

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28 Sep 2026RentedRenewal
AED 70,000/yr12 months · AED 78 per sqft
28 Sep 2025RentedRenewal
AED 75,000/yr12 months · AED 84 per sqft
17 Dec 2020Sold by developerReady
AED 1,070,000AED 1,184 per sqft

Source: Dubai Land Department. Updated 28 September 2026.

Key facts

Type
1-bed apartment
Size
903 sqft
Floor
12th of 12
Parking
P2-72
Developer
DAMAC
Completed
2019
Service charge
AED 11,300 /yr
Last sold
AED 1.07M · December 2020

About 1203, Golf Promenade 2B

1203 is a one-bedroom apartment of 903 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 17 December 2020 for AED 1,070,000, or AED 1,184 per sqft, 33% above the AED 888 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 28 September 2026, is AED 70,000 a year: a gross yield of 6.5% on the 2020 price, before the service charge of about AED 11,300 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Golf Promenade 2B
1M20152018202120242027Typical sale price by year: 2015 AED 1,256,375; 2016 AED 1,269,450; 2017 AED 1,123,000; 2018 AED 1,129,080; 2019 AED 1,271,000; 2020 AED 721,200; 2021 AED 702,000; 2022 AED 921,000; 2023 AED 810,000; 2024 AED 887,500; 2025 AED 1,025,000; 2026 AED 1,050,000Sold by developer, December 2020: AED 1,070,000 (AED 1,184 per sqft)

1203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Golf Promenade 2B
60K2021202320252027Typical rent by year: 2021 AED 50,000; 2022 AED 55,500; 2023 AED 65,000; 2024 AED 73,750; 2025 AED 75,000; 2026 AED 75,000Renewal, September 2025: AED 75,000 a yearRenewal, September 2026: AED 70,000 a year

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

1-beds in Golf Promenade 2B, and where 1203 sits

All 52 1-beds →

1203 last sold in December 2020 at AED 1,184 per sqft, 33% above what one-beds in Golf Promenade 2B were fetching at the time (AED 888). Over the last 12 months one-beds sold for AED 847,700 to 1,100,000, around AED 1,227 per sqft, and rent for AED 60,000 to 99,723 a year. 1203's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026847,700
11 May 20261,050,000
16 Jan 20261,100,000
12 Nov 20251,100,000
4 1-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
12013-bedAED 2.16M · Nov 2021
12023-bedAED 1.93M · Sep 2021
12042-bedAED 1.08M · Jan 2021
12051-bedAED 1.03M · Oct 2025
12061-bedAED 711K · Feb 2021
12071-bedAED 667K · Nov 2020

1203, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 17 December 2020 for AED 1,070,000, or AED 1,184 per sqft.
  • Rented since September 2025 on 2 Ejari contracts, from AED 75,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 6.5%, before a service charge of about AED 11,300 a year (AED 12.48 per sqft).
  • One-beds in Golf Promenade 2B sold for AED 847,700–1,100,000 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 28 September 2026.

Questions about 1203, Golf Promenade 2B

What did unit 1203 last sell for?

AED 1,070,000 on 17 December 2020, sold by the developer: AED 1,184 per sqft for 903 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 70,000 a year on the contract renewed on 28 September 2026. The previous contract, from September 2025, was AED 75,000.

How big is unit 1203?

903 sqft (83.9 sqm): a one-bedroom apartment on the 12th floor of a 12-storey tower completed in 2019.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Promenade 2B sold for AED 847,700 to 1,100,000 in the last 12 months, around AED 1,227 per sqft.

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Mortgage on 1203, Golf Promenade 2B

Starts from the last sale price (AED 1.07M, 17 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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