703, Golf Promenade 2B
Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Golf Promenade 2B
What is 703 worth today?
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Source: Dubai Land Department. Updated 20 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 463 sqft
- Floor
- 7th of 12
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 5,800 /yr
- Last sold
- AED 780K · October 2016
- Building
- Golf Promenade 2B
About 703, Golf Promenade 2B
703 is a studio of 463 sqft on the 7th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 6 October 2016 for AED 780,000, or AED 1,685 per sqft, 9% above the AED 1,547 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 20 October 2026, is AED 40,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 5,800 a year.
Sales and rents for 703 over time
703 has sold once; the dashed line is the studio median of each year in the building.
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 703 sits
All 42 studios →703 last sold in October 2016 at AED 1,685 per sqft, 9% above what studios in Golf Promenade 2B were fetching at the time (AED 1,547). 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. 703's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 592 sqft | 598,784 | 1,011 | ||
| 16 Sep 202616 September 2026 | 444 sqft | 590,000 | 1,328 | ||
| 25 Aug 202625 August 2026 | 527 sqft | 570,000 | 1,082 | ||
| 24 Apr 202624 April 2026 | 329 sqft | 550,000 | 1,670 |
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 7th floor
All 124 units in Golf Promenade 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 329 sqft | AED 550KAED 550,000 · Apr 2026April 2026 | 47,000 /yr | |
| 702 | Studio | 389 sqft | AED 606KAED 606,100 · Jun 2015June 2015 | 35,000 /yr | |
| 704 | Studio | 525 sqft | AED 510KAED 510,000 · Aug 2024August 2024 | 38,000 /yr | |
| 705 | 1-bed | 816 sqft | AED 1.26MAED 1,256,850 · Apr 2016April 2016 | ||
| 706 | 1-bed | 848 sqft | AED 1.45MAED 1,445,900 · Apr 2016April 2016 | 65,000 /yr | |
| 707 | 1-bed | 850 sqft | AED 1.06MAED 1,057,000 · Jul 2022July 2022 | 76,000 /yr | |
| 708 | 1-bed | 991 sqft | AED 1.38MAED 1,383,000 · Jul 2019July 2019 | 63,000 /yr | |
| 709 | Studio | 493 sqft | AED 763KAED 762,850 · Oct 2015October 2015 | 40,000 /yr | |
| 710 | 1-bed | 852 sqft | AED 1.26MAED 1,262,550 · Oct 2015October 2015 | 77,000 /yr | |
| 711 | 1-bed | 726 sqft | AED 940KAED 940,000 · Nov 2024November 2024 | 65,000 /yr | |
| 712 | 2-bed | 1,631 sqft | AED 1.43MAED 1,432,000 · Apr 2019April 2019 | 125,000 /yr | |
| 713 | 2-bed | 1,367 sqft | AED 1.25MAED 1,252,800 · Apr 2019April 2019 | ||
| 703A | Studio | 490 sqft | AED 785KAED 784,700 · Jun 2015June 2015 | 33,600 /yr | |
| 703B | Studio | 464 sqft | AED 710KAED 709,650 · Jun 2015June 2015 | 45,000 /yr |
703, Golf Promenade 2B in numbers
- Sold once: by DAMAC on 6 October 2016 for AED 780,000, or AED 1,685 per sqft.
- Rented since April 2021 on 5 Ejari contracts, from AED 28,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 5,800 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 20 October 2026.
Questions about 703, Golf Promenade 2B
What did unit 703 last sell for?
AED 780,000 on 6 October 2016, sold by the developer: AED 1,685 per sqft for 463 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 40,000 a year on the contract signed on 20 October 2026. The previous contract, from August 2025, was AED 42,000; the unit has been rented since April 2021.
How big is unit 703?
463 sqft (43.0 sqm): a studio on the 7th floor of a 12-storey tower completed in 2019.
What is unit 703 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.
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Mortgage on 703, Golf Promenade 2B
Starts from the last sale price (AED 780K, 6 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →