1-bed · 806 sqftGolf Promenade 3A, Damac Hills · 5th floor · completed 2019

A503, Golf Promenade 3A

Sold prices and rental history: sold 3 times, last in February 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A503 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 890K15 February 2024
Current rentAED 55K /yr4 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A503, Golf Promenade 3A

What is A503 worth today?

Last sold for AED 890,000 in 2024

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15 Feb 2024SoldReady
AED 890,000AED 1,103 per sqft
4 Jul 2023RentedRenewal
AED 54,600/yr12 months · AED 68 per sqft
4 Jul 2022RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
12 Nov 2020SoldReady
AED 575,000AED 713 per sqft
11 May 2018RentedNew contract
AED 72,000/yr12 months · AED 89 per sqft
8 Jul 2015Sold by developerOff-plan
AED 1,079,200AED 1,338 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
1-bed apartment
Size
806 sqft
Floor
5th of 9
Parking
B-23
Developer
DAMAC
Completed
2019
Service charge
AED 12,100 /yr
Last sold
AED 890K · February 2024

About A503, Golf Promenade 3A

A503 is a one-bedroom apartment of 806 sqft on the 5th floor of Golf Promenade 3A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 15 February 2024 for AED 890,000, or AED 1,103 per sqft, 12% above the AED 985 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 4 July 2023, is AED 54,600 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 12,100 a year.

Sales and rents for A503 over time

Sales
Unit A503, each saleTypical one-bed in Golf Promenade 3A
500K1M20152018202120242027Typical sale price by year: 2015 AED 1,119,050; 2016 AED 1,135,549; 2017 AED 1,019,000; 2018 AED 921,500; 2021 AED 537,000; 2022 AED 1,028,000; 2023 AED 822,500; 2024 AED 900,000; 2026 AED 980,000Sold by developer, July 2015: AED 1,079,200 (AED 1,338 per sqft)Sold, November 2020: AED 575,000 (AED 713 per sqft)Sold, February 2024: AED 890,000 (AED 1,103 per sqft)

A503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit A503, each contractTypical one-bed in Golf Promenade 3A
40K60K2017202020232026Typical rent by year: 2017 AED 70,000; 2018 AED 64,500; 2019 AED 55,000; 2020 AED 46,000; 2021 AED 45,000; 2022 AED 48,400; 2023 AED 55,000; 2024 AED 62,850; 2025 AED 73,000; 2026 AED 65,000New contract, May 2018: AED 72,000 a yearNew contract, July 2022: AED 52,000 a yearRenewal, July 2023: AED 54,600 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 3A, and where A503 sits

All 40 1-beds →

A503 last sold in February 2024 at AED 1,103 per sqft, 12% above what one-beds in Golf Promenade 3A were fetching at the time (AED 985). Over the last 12 months one-beds sold for AED 875,000 to 1,100,000, around AED 1,206 per sqft, and rent for AED 44,000 to 80,000 a year. A503's AED 54,600 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Aug 2026980,000
21 Aug 2026875,000
9 Jan 20261,100,000
29 May 20241,015,000
3 1-bed sales in the last 12 months

Golf Promenade 3A

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 9 sold in the last 12 months.

Typical price per sqft
AED 1,206
Typical sale
AED 1.1M
Typical rent
AED 65K /yr
Typical yield
6.9%
Golf Promenade 3A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 82 units in Golf Promenade 3A
Value
A5012-bedAED 2.15M · Apr 2026
A5023-bedAED 2.48M · Aug 2015
A504StudioAED 745K · Jul 2015
A505StudioAED 585K · Aug 2025
A506StudioAED 707K · Jun 2018
A5071-bedAED 1.21M · Dec 2015
A5081-bedAED 820K · Dec 2023
1–7 of 12

A503, Golf Promenade 3A in numbers

  • Sold 3 times: first on 8 July 2015 for AED 1,079,200, last on 15 February 2024 for AED 890,000 (AED 1,103 per sqft).
  • Rented since May 2018 on 3 Ejari contracts, from AED 72,000 to AED 54,600 a year.
  • At AED 54,600 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 12,100 a year (AED 15.00 per sqft).
  • One-beds in Golf Promenade 3A sold for AED 875,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,206 per sqft.

Source: Dubai Land Department. Updated 15 February 2024.

Questions about A503, Golf Promenade 3A

What did unit A503 last sell for?

AED 890,000 on 15 February 2024: AED 1,103 per sqft for 806 sqft. The unit has 3 registered sales; the first was AED 1,079,200 in July 2015.

What is the rent for unit A503?

AED 54,600 a year on the contract renewed on 4 July 2023. The previous contract, from July 2022, was AED 52,000; the unit has been rented since May 2018.

How big is unit A503?

806 sqft (74.9 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2019.

What is unit A503 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 3A sold for AED 875,000 to 1,100,000 in the last 12 months, around AED 1,206 per sqft.

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Mortgage on A503, Golf Promenade 3A

Starts from the last sale price (AED 890K, 15 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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