Studio · 513 sqftGolf Promenade 2B, Damac Hills · 6th floor · completed 2019

604, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 814K30 August 2015
Current rentAED 41K /yr16 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Golf Promenade 2B

What is 604 worth today?

Last sold for AED 814,150 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 May 2024RentedRenewal
AED 41,000/yr12 months · AED 79 per sqft
16 May 2023RentedRenewal
AED 37,000/yr12 months · AED 72 per sqft
16 May 2022RentedRenewal
AED 32,000/yr12 months · AED 62 per sqft
16 May 2021RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
30 Aug 2015Sold by developerOff-plan
AED 814,150AED 1,587 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
Studio apartment
Size
513 sqft
Floor
6th of 12
Parking
P1-70
Developer
DAMAC
Completed
2019
Service charge
AED 6,400 /yr
Last sold
AED 814K · August 2015

About 604, Golf Promenade 2B

604 is a studio of 513 sqft on the 6th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 30 August 2015 for AED 814,150, or AED 1,587 per sqft, in line with the AED 1,561 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 16 May 2024, is AED 41,000 a year: a gross yield of 5.0% on the 2015 price, before the service charge of about AED 6,400 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical studio in Golf Promenade 2B
600K800K20152018202120242027Typical 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, August 2015: AED 814,150 (AED 1,587 per sqft)

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

Rents
Unit 604, 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, May 2021: AED 28,000 a yearRenewal, May 2022: AED 32,000 a yearRenewal, May 2023: AED 37,000 a yearRenewal, May 2024: AED 41,000 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 604 sits

All 42 studios →

604 last sold in August 2015 at AED 1,587 per sqft, in line with what studios in Golf Promenade 2B were fetching at the time (AED 1,561). 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. 604's AED 41,000 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 6th floor

All 124 units in Golf Promenade 2B
Value
6012-bedAED 2.43M · Oct 2026
6022-bedAED 2.15M · Aug 2015
6031-bedAED 1.08M · Aug 2022
605StudioAED 630K · May 2025
606StudioAED 749K · Nov 2018
6071-bedAED 1.27M · Apr 2016
6081-bedAED 911K · Apr 2023
1–7 of 14

604, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 30 August 2015 for AED 814,150, or AED 1,587 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 28,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2015 price is 5.0%, before a service charge of about AED 6,400 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 16 May 2024.

Questions about 604, Golf Promenade 2B

What did unit 604 last sell for?

AED 814,150 on 30 August 2015, sold by the developer: AED 1,587 per sqft for 513 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 41,000 a year on the contract renewed on 16 May 2024. The previous contract, from May 2023, was AED 37,000; the unit has been rented since May 2021.

How big is unit 604?

513 sqft (47.7 sqm): a studio on the 6th floor of a 12-storey tower completed in 2019.

What is unit 604 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.

Selling 604? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 604, Golf Promenade 2B

Starts from the last sale price (AED 814K, 30 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 814,150
Deposit, UAE resident (20%)
AED 162,830
Deposit, non-resident (40%)
AED 325,660
Monthly over 25 years at 3.7%
AED 3,331

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