1-bed · 848 sqftGolf Promenade 2B, Damac Hills · 7th floor · completed 2019

706, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in April 2016, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.45M17 April 2016
Current rentAED 65K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Golf Promenade 2B

What is 706 worth today?

Last sold for AED 1,445,900 in 2016

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10 Oct 2024RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
17 Apr 2016Sold by developerOff-plan
AED 1,445,900AED 1,705 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
848 sqft
Floor
7th of 12
Parking
P2-11
Developer
DAMAC
Completed
2019
Service charge
AED 10,600 /yr
Last sold
AED 1.45M · April 2016

About 706, Golf Promenade 2B

706 is a one-bedroom apartment of 848 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 17 April 2016 for AED 1,445,900, or AED 1,705 per sqft, 12% above the AED 1,525 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2024. The current contract, signed on 10 October 2024, is AED 65,000 a year: a gross yield of 4.5% on the 2016 price, before the service charge of about AED 10,600 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Golf Promenade 2B
1M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,256,375; 2016 AED 1,269,450; 2017 AED 1,123,000; 2018 AED 1,129,080; 2019 AED 1,271,000; 2020 AED 721,200; 2021 AED 702,000; 2022 AED 921,000; 2023 AED 810,000; 2024 AED 887,500; 2025 AED 1,025,000; 2026 AED 1,050,000Sold by developer, April 2016: AED 1,445,900 (AED 1,705 per sqft)

706 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, each contractTypical one-bed in Golf Promenade 2B
60K2021202320252027Typical rent by year: 2021 AED 50,000; 2022 AED 55,500; 2023 AED 65,000; 2024 AED 73,750; 2025 AED 75,000; 2026 AED 75,000New contract, October 2024: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Golf Promenade 2B, and where 706 sits

All 52 1-beds →

706 last sold in April 2016 at AED 1,705 per sqft, 12% above what one-beds in Golf Promenade 2B were fetching at the time (AED 1,525). Over the last 12 months one-beds sold for AED 847,700 to 1,100,000, around AED 1,227 per sqft, and rent for AED 60,000 to 99,723 a year. 706's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026847,700
11 May 20261,050,000
16 Jan 20261,100,000
12 Nov 20251,100,000
4 1-bed 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
7071-bedAED 1.06M · Jul 2022
7081-bedAED 1.38M · Jul 2019
1–7 of 14

706, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 17 April 2016 for AED 1,445,900, or AED 1,705 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 4.5%, before a service charge of about AED 10,600 a year (AED 12.48 per sqft).
  • One-beds in Golf Promenade 2B sold for AED 847,700–1,100,000 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 10 October 2024.

Questions about 706, Golf Promenade 2B

What did unit 706 last sell for?

AED 1,445,900 on 17 April 2016, sold by the developer: AED 1,705 per sqft for 848 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 65,000 a year on the contract signed on 10 October 2024.

How big is unit 706?

848 sqft (78.8 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2019.

What is unit 706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Promenade 2B sold for AED 847,700 to 1,100,000 in the last 12 months, around AED 1,227 per sqft.

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Mortgage on 706, Golf Promenade 2B

Starts from the last sale price (AED 1.45M, 17 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,445,900
Deposit, UAE resident (20%)
AED 289,180
Deposit, non-resident (40%)
AED 578,360
Monthly over 25 years at 3.7%
AED 5,916

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