3-bed · 2,843 sqftGolf Promenade 3A, Damac Hills · 9th floor · completed 2019

A902, Golf Promenade 3A

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A902 · DLD and Ejari recordsUpdated 23 August 2022
Last soldAED 2M23 August 2022
Current rentAED 113K /yr3 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A902, Golf Promenade 3A

What is A902 worth today?

Last sold for AED 1,998,000 in 2022

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23 Aug 2022Sold by developerReady
AED 1,998,000AED 702 per sqft
3 Jan 2020RentedRenewal
AED 113,000/yr12 months · AED 40 per sqft
3 Jan 2019RentedNew contract
AED 125,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 23 August 2022.

Key facts

Type
3-bed apartment
Size
2,843 sqft
Floor
9th of 9
Parking
UP1-35, UP1-41
Developer
DAMAC
Completed
2019
Service charge
AED 42,700 /yr
Last sold
AED 2M · August 2022

About A902, Golf Promenade 3A

A902 is a three-bedroom apartment of 2,843 sqft on the 9th floor of Golf Promenade 3A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 23 August 2022 for AED 1,998,000, or AED 702 per sqft, in line with the AED 703 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 3 January 2020, is AED 113,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 42,700 a year.

Sales and rents for A902 over time

Sales
Unit A902, each saleTypical three-bed in Golf Promenade 3A
1.5M2M20212022202320242025Typical sale price by year: 2021 AED 1,546,000; 2022 AED 1,961,960; 2024 AED 2,321,000Sold by developer, August 2022: AED 1,998,000 (AED 702 per sqft)

A902 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit A902, each contractTypical three-bed in Golf Promenade 3A
100K150K20192021202320252027Typical rent by year: 2019 AED 115,900; 2020 AED 115,900; 2021 AED 97,000; 2022 AED 94,500; 2023 AED 120,000; 2024 AED 158,500; 2025 AED 173,500; 2026 AED 168,500New contract, January 2019: AED 125,000 a yearRenewal, January 2020: AED 113,000 a year

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

3-beds in Golf Promenade 3A, and where A902 sits

All 10 3-beds →

A902 last sold in August 2022 at AED 702 per sqft, in line with what three-beds in Golf Promenade 3A were fetching at the time (AED 703). Over the last 12 months three-beds sold for AED 2,950,000, around AED 1,222 per sqft, and rent for AED 140,000 to 200,000 a year. A902's AED 113,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Aug 20262,950,000
23 Jan 20252,450,000
14 Nov 20242,550,000
10 Jun 20242,000,000
1 3-bed sale 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 9th floor

All 82 units in Golf Promenade 3A
Value
A9013-bedAED 2.55M · Nov 2024
A9031-bedAED 1.2M · Oct 2017
A9041-bedAED 1.17M · May 2016
A9051-bedAED 980K · Aug 2026
A9061-bedAED 886K · Jan 2017
A9072-bedAED 1.78M · Nov 2017

A902, Golf Promenade 3A in numbers

  • Sold once: by DAMAC on 23 August 2022 for AED 1,998,000, or AED 702 per sqft.
  • Rented since January 2019 on 2 Ejari contracts, from AED 125,000 to AED 113,000 a year.
  • At AED 113,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 42,700 a year (AED 15.00 per sqft).
  • Three-beds in Golf Promenade 3A sold for AED 2,950,000–2,950,000 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 23 August 2022.

Questions about A902, Golf Promenade 3A

What did unit A902 last sell for?

AED 1,998,000 on 23 August 2022, sold by the developer: AED 702 per sqft for 2,843 sqft. It is the only registered sale of the unit.

What is the rent for unit A902?

AED 113,000 a year on the contract renewed on 3 January 2020. The previous contract, from January 2019, was AED 125,000.

How big is unit A902?

2,843 sqft (264.1 sqm): a three-bedroom apartment on the 9th floor of a 9-storey tower completed in 2019.

What is unit A902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golf Promenade 3A sold for AED 2,950,000 to 2,950,000 in the last 12 months, around AED 1,222 per sqft.

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Mortgage on A902, Golf Promenade 3A

Starts from the last sale price (AED 2M, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,998,000
Deposit, UAE resident (20%)
AED 399,600
Deposit, non-resident (40%)
AED 799,200
Monthly over 25 years at 3.7%
AED 8,174

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