Studio · 493 sqftGolf Promenade 2B, Damac Hills · 7th floor · completed 2019

709, Golf Promenade 2B

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

Unit 709 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 763K28 October 2015
Current rentAED 40K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Golf Promenade 2B

What is 709 worth today?

Last sold for AED 762,850 in 2015

Unlock today's estimate, updated daily, with

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

5 Oct 2026RentedRenewal
AED 40,000/yr12 months · AED 83 per sqft
5 Oct 2025RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
7 Sep 2025RentedRenewal
AED 50,000/yr12 months · AED 101 per sqft
7 Sep 2024RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
15 Jun 2023RentedRenewal
AED 30,000/yr12 months · AED 61 per sqft
15 Jun 2022RentedNew contract
AED 29,000/yr12 months · AED 59 per sqft
1 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 61 per sqft
28 Oct 2015Sold by developerOff-plan
AED 762,850AED 1,547 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
Studio apartment
Size
493 sqft
Floor
7th of 12
Parking
P2-14
Developer
DAMAC
Completed
2019
Service charge
AED 6,200 /yr
Last sold
AED 763K · October 2015

About 709, Golf Promenade 2B

709 is a studio of 493 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 28 October 2015 for AED 762,850, or AED 1,547 per sqft, in line with the AED 1,565 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 5 October 2026, is AED 40,000 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 6,200 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, October 2015: AED 762,850 (AED 1,547 per sqft)

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

Rents
Unit 709, 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, April 2021: AED 30,000 a yearNew contract, June 2022: AED 29,000 a yearRenewal, June 2023: AED 30,000 a yearNew contract, September 2024: AED 45,000 a yearRenewal, September 2025: AED 50,000 a yearNew contract, October 2025: AED 40,000 a yearRenewal, October 2026: AED 40,000 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 709 sits

All 42 studios →

709 last sold in October 2015 at AED 1,547 per sqft, in line with what studios in Golf Promenade 2B were fetching at the time (AED 1,565). 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. 709's AED 40,000 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

709, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 28 October 2015 for AED 762,850, or AED 1,547 per sqft.
  • Rented since April 2021 on 7 Ejari contracts, from AED 30,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 6,200 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 5 October 2026.

Questions about 709, Golf Promenade 2B

What did unit 709 last sell for?

AED 762,850 on 28 October 2015, sold by the developer: AED 1,547 per sqft for 493 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 40,000 a year on the contract renewed on 5 October 2026. The previous contract, from October 2025, was AED 40,000; the unit has been rented since April 2021.

How big is unit 709?

493 sqft (45.8 sqm): a studio on the 7th floor of a 12-storey tower completed in 2019.

What is unit 709 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 709? 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 709, Golf Promenade 2B

Starts from the last sale price (AED 763K, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 762,850
Deposit, UAE resident (20%)
AED 152,570
Deposit, non-resident (40%)
AED 305,140
Monthly over 25 years at 3.7%
AED 3,121

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