1-bed · 1,298 sqftGolf Promenade 3B, Damac Hills · 3rd floor · completed 2019

B303, Golf Promenade 3B

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B303 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.34M2 November 2017
Current rentAED 85K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B303, Golf Promenade 3B

What is B303 worth today?

Last sold for AED 1,339,000 in 2017

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15 Aug 2024RentedNew contract
AED 85,000/yr24 months · AED 65 per sqft
1 Aug 2023RentedRenewal
AED 53,000/yr12 months · AED 41 per sqft
1 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 38 per sqft
15 Jul 2021RentedNew contract
AED 45,000/yr12 months · AED 35 per sqft
25 May 2020RentedNew contract
AED 46,000/yr12 months · AED 35 per sqft
15 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
15 Dec 2017RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
2 Nov 2017Sold by developerReady
AED 1,339,000AED 1,031 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
1,298 sqft
Floor
3rd of 9
Parking
LP1-11
Developer
DAMAC
Completed
2019
Service charge
AED 19,500 /yr
Last sold
AED 1.34M · November 2017

About B303, Golf Promenade 3B

B303 is a one-bedroom apartment of 1,298 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 2 November 2017 for AED 1,339,000, or AED 1,031 per sqft, 14% below the AED 1,201 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 15 August 2024, is AED 85,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 19,500 a year.

Sales and rents for B303 over time

Sales
Unit B303, each saleTypical one-bed in Golf Promenade 3B
1M20152018202120242027Typical sale price by year: 2015 AED 1,116,250; 2016 AED 1,131,900; 2017 AED 1,000,000; 2018 AED 957,000; 2022 AED 964,800; 2023 AED 776,160; 2025 AED 1,042,500; 2026 AED 1,030,000Sold by developer, November 2017: AED 1,339,000 (AED 1,031 per sqft)

B303 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B303, each contractTypical one-bed in Golf Promenade 3B
40K60K80K2017202020232026Typical rent by year: 2017 AED 68,000; 2018 AED 62,500; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 53,130; 2024 AED 62,000; 2025 AED 71,000; 2026 AED 73,000New contract, December 2017: AED 70,000 a yearNew contract, March 2019: AED 60,000 a yearNew contract, May 2020: AED 46,000 a yearNew contract, July 2021: AED 45,000 a yearNew contract, August 2022: AED 50,000 a yearRenewal, August 2023: AED 53,000 a yearNew contract, August 2024: AED 85,000 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 3B, and where B303 sits

All 40 1-beds →

B303 last sold in November 2017 at AED 1,031 per sqft, 14% below what one-beds in Golf Promenade 3B were fetching at the time (AED 1,201). Over the last 12 months one-beds sold for AED 1,015,000 to 1,090,000, around AED 1,263 per sqft, and rent for AED 32,400 to 90,000 a year. B303's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Mar 20261,090,000
13 Feb 20261,015,000
16 Jan 20261,030,000
27 Oct 2025750,000
3 1-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
B3023-bedAED 2.28M · Aug 2023
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

B303, Golf Promenade 3B in numbers

  • Sold once: by DAMAC on 2 November 2017 for AED 1,339,000, or AED 1,031 per sqft.
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2021 and recovered to AED 85,000 by August 2024.
  • At AED 85,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 19,500 a year (AED 15.00 per sqft).
  • One-beds in Golf Promenade 3B sold for AED 1,015,000–1,090,000 in the 12 months to November 2026; the building's median across all types is AED 1,237 per sqft.

Source: Dubai Land Department. Updated 15 August 2024.

Questions about B303, Golf Promenade 3B

What did unit B303 last sell for?

AED 1,339,000 on 2 November 2017, sold by the developer: AED 1,031 per sqft for 1,298 sqft. It is the only registered sale of the unit.

What is the rent for unit B303?

AED 85,000 a year on the contract signed on 15 August 2024. The previous contract, from August 2023, was AED 53,000; the unit has been rented since December 2017.

How big is unit B303?

1,298 sqft (120.6 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2019.

What is unit B303 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 3B sold for AED 1,015,000 to 1,090,000 in the last 12 months, around AED 1,263 per sqft.

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Mortgage on B303, Golf Promenade 3B

Starts from the last sale price (AED 1.34M, 2 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,339,000
Deposit, UAE resident (20%)
AED 267,800
Deposit, non-resident (40%)
AED 535,600
Monthly over 25 years at 3.7%
AED 5,478

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