2-bed · 1,542 sqftGolf Promenade 3A, Damac Hills · 7th floor · completed 2019

A704, Golf Promenade 3A

Sold prices and rental history: sold twice, last in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A704 · DLD and Ejari recordsUpdated 3 August 2021
Last soldAED 1.9M3 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A704, Golf Promenade 3A

What is A704 worth today?

Last sold for AED 1,904,000 in 2021

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3 Aug 2021SoldReady
AED 1,904,000AED 1,235 per sqft
21 Nov 2017Sold by developerReady
AED 1,904,000AED 1,235 per sqft

Source: Dubai Land Department. Updated 3 August 2021.

Key facts

Type
2-bed apartment
Size
1,542 sqft
Floor
7th of 9
Parking
G-28
Developer
DAMAC
Completed
2019
Service charge
AED 23,100 /yr
Last sold
AED 1.9M · August 2021

About A704, Golf Promenade 3A

A704 is a two-bedroom apartment of 1,542 sqft on the 7th floor of Golf Promenade 3A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 3 August 2021 for AED 1,904,000, or AED 1,235 per sqft, 21% above the AED 1,021 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for A704 over time

Sales
Unit A704, each saleTypical two-bed in Golf Promenade 3A
1.6M1.8M201720192021Typical sale price by year: 2019 AED 1,563,200; 2021 AED 1,522,000Sold by developer, November 2017: AED 1,904,000 (AED 1,235 per sqft)Sold, August 2021: AED 1,904,000 (AED 1,235 per sqft)

A704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A704, each contractTypical two-bed in Golf Promenade 3A
80K100K120K20182020202220242026Typical rent by year: 2018 AED 95,000; 2019 AED 98,375; 2020 AED 100,000; 2021 AED 80,000; 2022 AED 84,000; 2023 AED 88,200; 2024 AED 93,000; 2025 AED 120,000

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 3A, and where A704 sits

All 11 2-beds →

A704 last sold in August 2021 at AED 1,235 per sqft, 21% above what two-beds in Golf Promenade 3A were fetching at the time (AED 1,021). Over the last 12 months two-beds sold for AED 2,150,000 to 2,300,000, around AED 1,272 per sqft, and rent for AED 120,000 to 175,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Apr 20262,150,000
20 Jan 20262,300,000
10 Nov 20252,280,000
9 Sep 20242,550,000
3 2-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 7th floor

All 82 units in Golf Promenade 3A
Value
A7012-bedAED 1.62M · Apr 2022
A7023-bedAED 2.95M · Aug 2026
A703StudioAED 689K · Jul 2015
A7051-bedAED 1.16M · Dec 2015
A7061-bedAED 1.19M · Nov 2015
A7071-bedAED 1.02M · May 2024
A7081-bedAED 956K · Nov 2022
1–7 of 9

A704, Golf Promenade 3A in numbers

  • Sold twice: first on 21 November 2017 for AED 1,904,000, last on 3 August 2021 for AED 1,904,000 (AED 1,235 per sqft).
  • Two-beds in Golf Promenade 3A sold for AED 2,150,000–2,300,000 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 3 August 2021.

Questions about A704, Golf Promenade 3A

What did unit A704 last sell for?

AED 1,904,000 on 3 August 2021: AED 1,235 per sqft for 1,542 sqft. The unit has 2 registered sales; the first was AED 1,904,000 in November 2017.

How big is unit A704?

1,542 sqft (143.3 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2019.

What is unit A704 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 3A sold for AED 2,150,000 to 2,300,000 in the last 12 months, around AED 1,272 per sqft.

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Mortgage on A704, Golf Promenade 3A

Starts from the last sale price (AED 1.9M, 3 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,904,000
Deposit, UAE resident (20%)
AED 380,800
Deposit, non-resident (40%)
AED 761,600
Monthly over 25 years at 3.7%
AED 7,790

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