703A, Golf Promenade 2B
Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703A, Golf Promenade 2B
What is 703A worth today?
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Source: Dubai Land Department. Updated 4 December 2022.
Key facts
- Type
- Studio apartment
- Size
- 490 sqft
- Floor
- 7th of 12
- Parking
- P2-06
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 6,100 /yr
- Last sold
- AED 785K · June 2015
- Building
- Golf Promenade 2B
About 703A, Golf Promenade 2B
703A is a studio of 490 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 4 June 2015 for AED 784,700, or AED 1,601 per sqft, in line with the AED 1,576 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 4 December 2022, is AED 33,600 a year: a gross yield of 4.3% on the 2015 price, before the service charge of about AED 6,100 a year.
Sales and rents for 703A over time
703A 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 703A sits
All 42 studios →703A last sold in June 2015 at AED 1,601 per sqft, in line with what studios in Golf Promenade 2B were fetching at the time (AED 1,576). 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. 703A's AED 33,600 is at the bottom 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 | |
| 703 | Studio | 463 sqft | AED 780KAED 780,000 · Oct 2016October 2016 | 40,000 /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 | ||
| 703B | Studio | 464 sqft | AED 710KAED 709,650 · Jun 2015June 2015 | 45,000 /yr |
703A, Golf Promenade 2B in numbers
- Sold once: by DAMAC on 4 June 2015 for AED 784,700, or AED 1,601 per sqft.
- Rented since March 2021 on 3 Ejari contracts, from AED 30,000 to AED 33,600 a year.
- At AED 33,600 a year the gross yield on the 2015 price is 4.3%, before a service charge of about AED 6,100 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 4 December 2022.
Questions about 703A, Golf Promenade 2B
What did unit 703A last sell for?
AED 784,700 on 4 June 2015, sold by the developer: AED 1,601 per sqft for 490 sqft. It is the only registered sale of the unit.
What is the rent for unit 703A?
AED 33,600 a year on the contract renewed on 4 December 2022. The previous contract, from December 2021, was AED 32,000; the unit has been rented since March 2021.
How big is unit 703A?
490 sqft (45.5 sqm): a studio on the 7th floor of a 12-storey tower completed in 2019.
What is unit 703A 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 703A, Golf Promenade 2B
Starts from the last sale price (AED 785K, 4 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 784,700
- Deposit, UAE resident (20%)
- AED 156,940
- Deposit, non-resident (40%)
- AED 313,880
- Monthly over 25 years at 3.7%
- AED 3,210
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →