1-bed · 829 sqftGolf Promenade 2B, Damac Hills · 12th floor · completed 2019

1207, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in November 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 667K24 November 2020
Current rentAED 75K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Golf Promenade 2B

What is 1207 worth today?

Last sold for AED 667,000 in 2020

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15 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
1 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
1 Apr 2021RentedNew contract
AED 47,000/yr12 months · AED 57 per sqft
24 Nov 2020Sold by developerReady
AED 667,000AED 804 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
829 sqft
Floor
12th of 12
Parking
P2-76
Developer
DAMAC
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 667K · November 2020

About 1207, Golf Promenade 2B

1207 is a one-bedroom apartment of 829 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 24 November 2020 for AED 667,000, or AED 804 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 15 October 2024, is AED 75,000 a year: a gross yield of 11.2% on the 2020 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, 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, November 2020: AED 667,000 (AED 804 per sqft)

1207 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1207, each contractTypical one-bed in Golf Promenade 2B
60K80K2021202320252027Typical 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 75,000New contract, April 2021: AED 47,000 a yearNew contract, October 2021: AED 50,000 a yearNew contract, October 2024: AED 75,000 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 1207 sits

All 52 1-beds →

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. 1207's AED 75,000 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
12031-bedAED 1.07M · Dec 2020
12042-bedAED 1.08M · Jan 2021
12051-bedAED 1.03M · Oct 2025
12061-bedAED 711K · Feb 2021

1207, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 24 November 2020 for AED 667,000, or AED 804 per sqft.
  • Rented since April 2021 on 3 Ejari contracts, from AED 47,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 11.2%, before a service charge of about AED 10,300 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 15 October 2024.

Questions about 1207, Golf Promenade 2B

What did unit 1207 last sell for?

AED 667,000 on 24 November 2020, sold by the developer: AED 804 per sqft for 829 sqft. It is the only registered sale of the unit.

What is the rent for unit 1207?

AED 75,000 a year on the contract signed on 15 October 2024. The previous contract, from October 2021, was AED 50,000; the unit has been rented since April 2021.

How big is unit 1207?

829 sqft (77.0 sqm): a one-bedroom apartment on the 12th floor of a 12-storey tower completed in 2019.

What is unit 1207 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 1207, Golf Promenade 2B

Starts from the last sale price (AED 667K, 24 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 667,000
Deposit, UAE resident (20%)
AED 133,400
Deposit, non-resident (40%)
AED 266,800
Monthly over 25 years at 3.7%
AED 2,729

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