2-bed · 1,631 sqftGolf Promenade 2B, Damac Hills · 7th floor · completed 2019

712, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 1.43M4 April 2019
Current rentAED 125K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Golf Promenade 2B

What is 712 worth today?

Last sold for AED 1,432,000 in 2019

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15 Sep 2026RentedNew contract
AED 125,000/yr12 months · AED 77 per sqft
2 Aug 2024RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft
28 Dec 2022RentedNew contract
AED 86,000/yr12 months · AED 53 per sqft
28 Dec 2020RentedNew contract
AED 77,500/yr12 months · AED 47 per sqft
4 Apr 2019Sold by developerOff-plan
AED 1,432,000AED 878 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
2-bed apartment
Size
1,631 sqft
Floor
7th of 12
Parking
P2-85
Developer
DAMAC
Completed
2019
Service charge
AED 20,400 /yr
Last sold
AED 1.43M · April 2019

About 712, Golf Promenade 2B

712 is a two-bedroom apartment of 1,631 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 April 2019 for AED 1,432,000, or AED 878 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 September 2026, is AED 125,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 20,400 a year.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical two-bed in Golf Promenade 2B
2M20192021202320252027Typical sale price by year: 2019 AED 1,539,500; 2020 AED 1,312,500; 2021 AED 1,389,150; 2023 AED 1,350,000; 2024 AED 1,760,000; 2026 AED 2,652,500Sold by developer, April 2019: AED 1,432,000 (AED 878 per sqft)

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

Rents
Unit 712, each contractTypical two-bed in Golf Promenade 2B
100K150K2020202220242026Typical rent by year: 2021 AED 85,000; 2022 AED 90,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 142,500; 2026 AED 115,000New contract, December 2020: AED 77,500 a yearNew contract, December 2022: AED 86,000 a yearNew contract, August 2024: AED 140,000 a yearNew contract, September 2026: AED 125,000 a year

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

2-beds in Golf Promenade 2B, and where 712 sits

All 21 2-beds →

Over the last 12 months two-beds sold for AED 1,900,000 to 2,900,000, around AED 1,259 per sqft, and rent for AED 110,000 to 135,000 a year. 712's AED 125,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20262,430,000
7 Apr 20262,875,000
30 Mar 20262,900,000
26 Feb 20261,900,000
4 2-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

712, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 4 April 2019 for AED 1,432,000, or AED 878 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 77,500 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2019 price is 8.7%, before a service charge of about AED 20,400 a year (AED 12.48 per sqft).
  • Two-beds in Golf Promenade 2B sold for AED 1,900,000–2,900,000 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 15 September 2026.

Questions about 712, Golf Promenade 2B

What did unit 712 last sell for?

AED 1,432,000 on 4 April 2019, sold by the developer: AED 878 per sqft for 1,631 sqft. It is the only registered sale of the unit.

What is the rent for unit 712?

AED 125,000 a year on the contract signed on 15 September 2026. The previous contract, from August 2024, was AED 140,000; the unit has been rented since December 2020.

How big is unit 712?

1,631 sqft (151.5 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2019.

What is unit 712 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Promenade 2B sold for AED 1,900,000 to 2,900,000 in the last 12 months, around AED 1,259 per sqft.

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Mortgage on 712, Golf Promenade 2B

Starts from the last sale price (AED 1.43M, 4 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,432,000
Deposit, UAE resident (20%)
AED 286,400
Deposit, non-resident (40%)
AED 572,800
Monthly over 25 years at 3.7%
AED 5,859

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