3-bed · 3,297 sqftGolf Promenade 3B, Damac Hills · 3rd floor · completed 2019

B302, Golf Promenade 3B

Sold prices and rental history: sold once, by the developer in August 2023, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B302 · DLD and Ejari recordsUpdated 31 August 2023
Last soldAED 2.28M31 August 2023
Current rentAED 105K /yr7 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B302, Golf Promenade 3B

What is B302 worth today?

Last sold for AED 2,276,540 in 2023

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31 Aug 2023Sold by developerReady
AED 2,276,540AED 690 per sqft
7 May 2021RentedNew contract
AED 105,000/yr13 months · AED 32 per sqft

Source: Dubai Land Department. Updated 31 August 2023.

Key facts

Type
3-bed apartment
Size
3,297 sqft
Floor
3rd of 9
Parking
UP1-37, UP1-39
Developer
DAMAC
Completed
2019
Service charge
AED 49,400 /yr
Last sold
AED 2.28M · August 2023

About B302, Golf Promenade 3B

B302 is a three-bedroom apartment of 3,297 sqft on the 3rd floor of Golf Promenade 3B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 31 August 2023 for AED 2,276,540, or AED 690 per sqft, in line with the AED 703 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 May 2021. The current contract, signed on 7 May 2021, is AED 105,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 49,400 a year.

Sales and rents for B302 over time

Sales
Unit B302, each saleTypical three-bed in Golf Promenade 3B
2M20212022202320242025Typical sale price by year: 2021 AED 1,633,000; 2023 AED 2,139,270; 2024 AED 2,000,000Sold by developer, August 2023: AED 2,276,540 (AED 690 per sqft)

B302 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit B302, each contractTypical three-bed in Golf Promenade 3B
100K150K200K2018202120242027Typical rent by year: 2018 AED 135,000; 2019 AED 115,900; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 150,000; 2024 AED 190,000; 2025 AED 180,000; 2026 AED 174,000New contract, May 2021: AED 105,000 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 3B, and where B302 sits

All 10 3-beds →

B302 last sold in August 2023 at AED 690 per sqft, in line with what three-beds in Golf Promenade 3B were fetching at the time (AED 703). B302's AED 105,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Sep 20253,050,000
6 Feb 20252,100,000
12 Nov 20242,000,000
8 Mar 20242,470,000
0 3-bed sales in the last 12 months

Golf Promenade 3B

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 6 sold in the last 12 months.

Typical price per sqft
AED 1,237
Typical sale
AED 1.02M
Typical rent
AED 70K /yr
Typical yield
6.8%
Golf Promenade 3B, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 82 units in Golf Promenade 3B
Value
B3012-bedAED 1.62M · Jan 2023
B3031-bedAED 1.34M · Nov 2017
B304StudioAED 570K · May 2026
B305StudioAED 590K · Mar 2025
B306StudioAED 746K · May 2018
B3071-bedAED 1.01M · Feb 2025
B308StudioAED 600K · Oct 2024
1–7 of 11

B302, Golf Promenade 3B in numbers

  • Sold once: by DAMAC on 31 August 2023 for AED 2,276,540, or AED 690 per sqft.
  • Rented since May 2021 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 49,400 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 31 August 2023.

Questions about B302, Golf Promenade 3B

What did unit B302 last sell for?

AED 2,276,540 on 31 August 2023, sold by the developer: AED 690 per sqft for 3,297 sqft. It is the only registered sale of the unit.

What is the rent for unit B302?

AED 105,000 a year on the contract signed on 7 May 2021.

How big is unit B302?

3,297 sqft (306.3 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2019.

What is unit B302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B302, Golf Promenade 3B

Starts from the last sale price (AED 2.28M, 31 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,276,540
Deposit, UAE resident (20%)
AED 455,308
Deposit, non-resident (40%)
AED 910,616
Monthly over 25 years at 3.7%
AED 9,314

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