Studio · 464 sqftGolf Promenade 2B, Damac Hills · 7th floor · completed 2019

703B, Golf Promenade 2B

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

Unit 703B · DLD and Ejari recordsUpdated 29 September 2026
Last soldAED 710K4 June 2015
Current rentAED 45K /yr29 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703B, Golf Promenade 2B

What is 703B worth today?

Last sold for AED 709,650 in 2015

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29 Sep 2026RentedRenewal
AED 45,000/yr12 months · AED 97 per sqft
29 Sep 2025RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
20 Mar 2024RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
1 Mar 2023RentedNew contract
AED 35,101/yr12 months · AED 76 per sqft
23 Dec 2021RentedNew contract
AED 32,000/yr12 months · AED 69 per sqft
4 Jun 2015Sold by developerOff-plan
AED 709,650AED 1,530 per sqft

Source: Dubai Land Department. Updated 29 September 2026.

Key facts

Type
Studio apartment
Size
464 sqft
Floor
7th of 12
Parking
P2-07
Developer
DAMAC
Completed
2019
Service charge
AED 5,800 /yr
Last sold
AED 710K · June 2015

About 703B, Golf Promenade 2B

703B is a studio of 464 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 709,650, or AED 1,530 per sqft, in line with the AED 1,576 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 29 September 2026, is AED 45,000 a year: a gross yield of 6.3% on the 2015 price, before the service charge of about AED 5,800 a year.

Sales and rents for 703B over time

Sales
Unit 703B, each saleTypical studio in Golf Promenade 2B
600K700K20152018202120242027Typical 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 709,650 (AED 1,530 per sqft)

703B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 703B, 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, December 2021: AED 32,000 a yearNew contract, March 2023: AED 35,101 a yearNew contract, March 2024: AED 45,000 a yearNew contract, September 2025: AED 45,000 a yearRenewal, September 2026: AED 45,000 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 703B sits

All 42 studios →

703B last sold in June 2015 at AED 1,530 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. 703B's AED 45,000 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 7th floor

All 124 units in Golf Promenade 2B
Value
701StudioAED 550K · Apr 2026
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
1–7 of 14

703B, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 4 June 2015 for AED 709,650, or AED 1,530 per sqft.
  • Rented since December 2021 on 5 Ejari contracts, from AED 32,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 6.3%, 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 29 September 2026.

Questions about 703B, Golf Promenade 2B

What did unit 703B last sell for?

AED 709,650 on 4 June 2015, sold by the developer: AED 1,530 per sqft for 464 sqft. It is the only registered sale of the unit.

What is the rent for unit 703B?

AED 45,000 a year on the contract renewed on 29 September 2026. The previous contract, from September 2025, was AED 45,000; the unit has been rented since December 2021.

How big is unit 703B?

464 sqft (43.1 sqm): a studio on the 7th floor of a 12-storey tower completed in 2019.

What is unit 703B 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 703B, Golf Promenade 2B

Starts from the last sale price (AED 710K, 4 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 709,650
Deposit, UAE resident (20%)
AED 141,930
Deposit, non-resident (40%)
AED 283,860
Monthly over 25 years at 3.7%
AED 2,903

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