Studio · 593 sqftGolf Promenade 3B, Damac Hills · 3rd floor · completed 2019

B306, Golf Promenade 3B

Sold prices and rental history: sold once, by the developer in May 2018, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B306 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 746K2 May 2018
Current rentAED 38K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B306, Golf Promenade 3B

What is B306 worth today?

Last sold for AED 746,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2023RentedNew contract
AED 38,400/yr12 months · AED 65 per sqft
2 May 2018Sold by developerReady
AED 746,000AED 1,257 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
Studio apartment
Size
593 sqft
Floor
3rd of 9
Parking
LP1-14
Developer
DAMAC
Completed
2019
Service charge
AED 8,900 /yr
Last sold
AED 746K · May 2018

About B306, Golf Promenade 3B

B306 is a studio of 593 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 May 2018 for AED 746,000, or AED 1,257 per sqft, in line with the AED 1,257 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2023. The current contract, signed on 1 August 2023, is AED 38,400 a year: a gross yield of 5.1% on the 2018 price, before the service charge of about AED 8,900 a year.

Sales and rents for B306 over time

Sales
Unit B306, each saleTypical studio in Golf Promenade 3B
600K700K2015201820212024Typical sale price by year: 2015 AED 741,595; 2017 AED 667,000; 2018 AED 713,500; 2024 AED 590,000Sold by developer, May 2018: AED 746,000 (AED 1,257 per sqft)

B306 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B306, each contractTypical studio in Golf Promenade 3B
30K40K50K2017202020232026Typical rent by year: 2017 AED 48,000; 2018 AED 41,500; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 44,857; 2025 AED 45,000; 2026 AED 43,000New contract, August 2023: AED 38,400 a year

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

Studios in Golf Promenade 3B, and where B306 sits

All 21 studios →

B306 last sold in May 2018 at AED 1,257 per sqft, in line with what studios in Golf Promenade 3B were fetching at the time (AED 1,257). Over the last 12 months studios sold for AED 570,000 to 680,000, around AED 1,090 per sqft, and rent for AED 36,300 to 55,000 a year. B306's AED 38,400 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 May 2026570,000
14 Nov 2025680,000
13 Mar 2025590,000
28 Oct 2024590,000
2 studio 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
B3031-bedAED 1.34M · Nov 2017
B304StudioAED 570K · May 2026
B305StudioAED 590K · Mar 2025
B3071-bedAED 1.01M · Feb 2025
B308StudioAED 600K · Oct 2024
1–7 of 11

B306, Golf Promenade 3B in numbers

  • Sold once: by DAMAC on 2 May 2018 for AED 746,000, or AED 1,257 per sqft.
  • Rented since August 2023 on one Ejari contract, at AED 38,400 a year.
  • At AED 38,400 a year the gross yield on the 2018 price is 5.1%, before a service charge of about AED 8,900 a year (AED 15.00 per sqft).
  • Studios in Golf Promenade 3B sold for AED 570,000–680,000 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 1 August 2023.

Questions about B306, Golf Promenade 3B

What did unit B306 last sell for?

AED 746,000 on 2 May 2018, sold by the developer: AED 1,257 per sqft for 593 sqft. It is the only registered sale of the unit.

What is the rent for unit B306?

AED 38,400 a year on the contract signed on 1 August 2023.

How big is unit B306?

593 sqft (55.1 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2019.

What is unit B306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 3B sold for AED 570,000 to 680,000 in the last 12 months, around AED 1,090 per sqft.

Selling B306? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B306, Golf Promenade 3B

Starts from the last sale price (AED 746K, 2 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 746,000
Deposit, UAE resident (20%)
AED 149,200
Deposit, non-resident (40%)
AED 298,400
Monthly over 25 years at 3.7%
AED 3,052

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