401, Golf Promenade 2B
Sold prices and rental history: sold once, by the developer in July 2019, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Golf Promenade 2B
What is 401 worth today?
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Source: Dubai Land Department. Updated 11 July 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,372 sqft
- Floor
- 4th of 12
- Parking
- P1-26
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 17,100 /yr
- Last sold
- AED 1.54M · July 2019
- Building
- Golf Promenade 2B
About 401, Golf Promenade 2B
401 is a two-bedroom apartment of 1,372 sqft on the 4th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 24 July 2019 for AED 1,541,000, or AED 1,123 per sqft, 25% above the AED 900 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 11 July 2021. The current contract, signed on 11 July 2021, is AED 106,000 a year: a gross yield of 6.9% on the 2019 price, before the service charge of about AED 17,100 a year.
Sales and rents for 401 over time
401 has sold once; the dashed line is the two-bed median of each year in the building.
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 2B, and where 401 sits
All 21 2-beds →401 last sold in July 2019 at AED 1,123 per sqft, 25% above what two-beds in Golf Promenade 2B were fetching at the time (AED 900). Over the last 12 months two-beds sold for AED 1,900,000 to 2,900,000, around AED 1,259 per sqft, and rent for AED 110,000 to 135,000 a year. 401's AED 106,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,644 sqft | 2,430,000 | 1,477 | ||
| 7 Apr 20267 April 2026 | 2,592 sqft | 2,875,000 | 1,109 | ||
| 30 Mar 202630 March 2026 | 2,590 sqft | 2,900,000 | 1,119 | ||
| 26 Feb 202626 February 2026 | 1,358 sqft | 1,900,000 | 1,399 |
Golf Promenade 2B
Building124 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%
Other units on the 4th floor
All 124 units in Golf Promenade 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | Studio | 331 sqft | AED 515KAED 515,000 · Aug 2025August 2025 | 36,000 /yr | |
| 403 | 1-bed | 828 sqft | AED 1.25MAED 1,250,200 · Oct 2015October 2015 | 63,525 /yr | |
| 404 | Studio | 525 sqft | AED 843KAED 842,650 · Oct 2015October 2015 | 40,000 /yr | |
| 405 | Studio | 543 sqft | AED 871KAED 871,150 · Dec 2014December 2014 | 45,000 /yr | |
| 406 | Studio | 529 sqft | AED 643KAED 642,880 · Jul 2023July 2023 | ||
| 407 | 1-bed | 833 sqft | AED 850KAED 850,000 · Oct 2024October 2024 | 70,000 /yr | |
| 408 | 1-bed | 818 sqft | AED 702KAED 702,000 · Jan 2021January 2021 | 70,000 /yr | |
| 409 | 1-bed | 846 sqft | AED 1.04MAED 1,044,000 · Aug 2022August 2022 | 68,250 /yr | |
| 410 | 1-bed | 941 sqft | AED 1.28MAED 1,281,000 · Jul 2019July 2019 | 68,000 /yr | |
| 411 | Studio | 490 sqft | AED 757KAED 757,150 · Jun 2015June 2015 | 40,000 /yr | |
| 412 | Studio | 492 sqft | AED 650KAED 650,000 · Apr 2024April 2024 | 50,000 /yr | |
| 413 | Studio | 320 sqft | AED 500KAED 500,000 · Mar 2024March 2024 | 48,000 /yr | |
| 414 | 2-bed | 1,386 sqft | AED 1.24MAED 1,240,000 · Jul 2021July 2021 | 106,000 /yr | |
| 411A | 1-bed | 814 sqft | AED 1.19MAED 1,193,400 · Jan 2016January 2016 | 72,000 /yr |
401, Golf Promenade 2B in numbers
- Sold once: by DAMAC on 24 July 2019 for AED 1,541,000, or AED 1,123 per sqft.
- Rented since July 2021 on one Ejari contract, at AED 106,000 a year.
- At AED 106,000 a year the gross yield on the 2019 price is 6.9%, before a service charge of about AED 17,100 a year (AED 12.48 per sqft).
- Two-beds in Golf Promenade 2B sold for AED 1,900,000–2,900,000 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 11 July 2021.
Questions about 401, Golf Promenade 2B
What did unit 401 last sell for?
AED 1,541,000 on 24 July 2019, sold by the developer: AED 1,123 per sqft for 1,372 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 106,000 a year on the contract signed on 11 July 2021.
How big is unit 401?
1,372 sqft (127.5 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2019.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Promenade 2B sold for AED 1,900,000 to 2,900,000 in the last 12 months, around AED 1,259 per sqft.
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Mortgage on 401, Golf Promenade 2B
Starts from the last sale price (AED 1.54M, 24 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,541,000
- Deposit, UAE resident (20%)
- AED 308,200
- Deposit, non-resident (40%)
- AED 616,400
- Monthly over 25 years at 3.7%
- AED 6,305
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →