Studio · 329 sqftGolf Promenade 2B, Damac Hills · 7th floor · completed 2019

701, Golf Promenade 2B

Sold prices and rental history: sold twice, last in April 2026, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 24 April 2026
Last soldAED 550K24 April 2026
Current rentAED 47K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Golf Promenade 2B

What is 701 worth today?

Last sold for AED 550,000 in 2026

Unlock today's estimate, updated daily, with

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

24 Apr 2026SoldReady
AED 550,000AED 1,670 per sqft
1 Feb 2026RentedNew contract
AED 47,000/yr12 months · AED 141 per sqft
3 Jun 2022RentedRenewal
AED 28,000/yr12 months · AED 84 per sqft
3 Jun 2021RentedNew contract
AED 28,000/yr12 months · AED 84 per sqft
4 Jun 2015Sold by developerOff-plan
AED 513,000AED 1,558 per sqft

Source: Dubai Land Department. Updated 24 April 2026.

Key facts

Type
Studio apartment
Size
329 sqft
Floor
7th of 12
Parking
P2-04
Developer
DAMAC
Completed
2019
Service charge
AED 4,100 /yr
Last sold
AED 550K · April 2026

About 701, Golf Promenade 2B

701 is a studio of 329 sqft on the 7th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 24 April 2026 for AED 550,000, or AED 1,670 per sqft, 9% above the AED 1,538 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 February 2026, is AED 47,000 a year: a gross yield of 8.6% on the 2026 price, before the service charge of about AED 4,100 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical studio in Golf Promenade 2B
600K20152018202120242027Typical 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, June 2015: AED 513,000 (AED 1,558 per sqft)Sold, April 2026: AED 550,000 (AED 1,670 per sqft)

701 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 701, each contractTypical studio in Golf Promenade 2B
30K40K50K2021202320252027Typical 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, June 2021: AED 28,000 a yearRenewal, June 2022: AED 28,000 a yearNew contract, February 2026: AED 47,000 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 701 sits

All 42 studios →

701 last sold in April 2026 at AED 1,670 per sqft, 9% above what studios in Golf Promenade 2B were fetching at the time (AED 1,538). 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. 701's AED 47,000 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
29 Jan 2026520,000
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 7th floor

All 124 units in Golf Promenade 2B
Value
702StudioAED 606K · Jun 2015
703StudioAED 780K · Oct 2016
704StudioAED 510K · Aug 2024
7051-bedAED 1.26M · Apr 2016
7061-bedAED 1.45M · Apr 2016
7071-bedAED 1.06M · Jul 2022
7081-bedAED 1.38M · Jul 2019
1–7 of 14

701, Golf Promenade 2B in numbers

  • Sold twice: first on 4 June 2015 for AED 513,000, last on 24 April 2026 for AED 550,000 (AED 1,670 per sqft).
  • Rented since June 2021 on 3 Ejari contracts, from AED 28,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2026 price is 8.6%, before a service charge of about AED 4,100 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 24 April 2026.

Questions about 701, Golf Promenade 2B

What did unit 701 last sell for?

AED 550,000 on 24 April 2026: AED 1,670 per sqft for 329 sqft. The unit has 2 registered sales; the first was AED 513,000 in June 2015.

What is the rent for unit 701?

AED 47,000 a year on the contract signed on 1 February 2026. The previous contract, from June 2022, was AED 28,000; the unit has been rented since June 2021.

How big is unit 701?

329 sqft (30.6 sqm): a studio on the 7th floor of a 12-storey tower completed in 2019.

What is unit 701 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 701? 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 701, Golf Promenade 2B

Starts from the last sale price (AED 550K, 24 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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