1-bed · 726 sqftGolf Promenade 2B, Damac Hills · 7th floor · completed 2019

711, Golf Promenade 2B

Sold prices and rental history: sold twice, last in November 2024, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 940K6 November 2024
Current rentAED 65K /yr16 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Golf Promenade 2B

What is 711 worth today?

Last sold for AED 940,000 in 2024

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6 Nov 2024SoldReady
AED 940,000AED 1,295 per sqft
16 Feb 2023RentedNew contract
AED 65,000/yr13 months · AED 90 per sqft
7 Sep 2022Sold by developerReady
AED 782,000AED 1,077 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
7th of 12
Parking
P2-16
Developer
DAMAC
Completed
2019
Service charge
AED 9,100 /yr
Last sold
AED 940K · November 2024

About 711, Golf Promenade 2B

711 is a one-bedroom apartment of 726 sqft on the 7th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 6 November 2024 for AED 940,000, or AED 1,295 per sqft, 27% above the AED 1,019 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 February 2023. The current contract, signed on 16 February 2023, is AED 65,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical one-bed in Golf Promenade 2B
1M20152018202120242027Typical 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, September 2022: AED 782,000 (AED 1,077 per sqft)Sold, November 2024: AED 940,000 (AED 1,295 per sqft)

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

Rents
Unit 711, 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, February 2023: 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 711 sits

All 52 1-beds →

711 last sold in November 2024 at AED 1,295 per sqft, 27% above what one-beds in Golf Promenade 2B were fetching at the time (AED 1,019). 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. 711'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
7061-bedAED 1.45M · Apr 2016
7071-bedAED 1.06M · Jul 2022
1–7 of 14

711, Golf Promenade 2B in numbers

  • Sold twice: first on 7 September 2022 for AED 782,000, last on 6 November 2024 for AED 940,000 (AED 1,295 per sqft).
  • Rented since February 2023 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 9,100 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 6 November 2024.

Questions about 711, Golf Promenade 2B

What did unit 711 last sell for?

AED 940,000 on 6 November 2024: AED 1,295 per sqft for 726 sqft. The unit has 2 registered sales; the first was AED 782,000 in September 2022.

What is the rent for unit 711?

AED 65,000 a year on the contract signed on 16 February 2023.

How big is unit 711?

726 sqft (67.4 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2019.

What is unit 711 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 711, Golf Promenade 2B

Starts from the last sale price (AED 940K, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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