B308, Golf Promenade 3B
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B308, Golf Promenade 3B
What is B308 worth today?
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Source: Dubai Land Department. Updated 2 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 598 sqft
- Floor
- 3rd of 9
- Parking
- T2-LP1-16
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 9,000 /yr
- Last sold
- AED 600K · October 2024
- Building
- Golf Promenade 3B
About B308, Golf Promenade 3B
B308 is a studio of 598 sqft on the 3rd floor of Golf Promenade 3B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 2 October 2024 for AED 600,000, or AED 1,003 per sqft, 8% below the AED 1,096 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 24 September 2024, is AED 45,500 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 9,000 a year.
Sales and rents for B308 over time
B308 has sold twice; the dashed line is the studio median of each year in the building.
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 B308 sits
All 21 studios →B308 last sold in October 2024 at AED 1,003 per sqft, 8% below what studios in Golf Promenade 3B were fetching at the time (AED 1,096). 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. B308's AED 45,500 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 202620 May 2026 | 588 sqft | 570,000 | 969 | ||
| 14 Nov 202514 November 2025 | 561 sqft | 680,000 | 1,211 | ||
| 13 Mar 202513 March 2025 | 608 sqft | 590,000 | 970 | ||
| 28 Oct 202428 October 2024 | 608 sqft | 590,000 | 970 |
Golf Promenade 3B
Building82 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%
Other units on the 3rd floor
All 82 units in Golf Promenade 3B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B301 | 2-bed | 2,030 sqft | AED 1.62MAED 1,620,000 · Jan 2023January 2023 | 145,000 /yr | |
| B302 | 3-bed | 3,297 sqft | AED 2.28MAED 2,276,540 · Aug 2023August 2023 | 105,000 /yr | |
| B303 | 1-bed | 1,298 sqft | AED 1.34MAED 1,339,000 · Nov 2017November 2017 | 85,000 /yr | |
| B304 | Studio | 588 sqft | AED 570KAED 570,000 · May 2026May 2026 | 42,000 /yr | |
| B305 | Studio | 608 sqft | AED 590KAED 590,000 · Mar 2025March 2025 | 44,857 /yr | |
| B306 | Studio | 593 sqft | AED 746KAED 746,000 · May 2018May 2018 | 38,400 /yr | |
| B307 | 1-bed | 882 sqft | AED 1.01MAED 1,010,000 · Feb 2025February 2025 | 65,000 /yr | |
| B309 | 1-bed | 962 sqft | AED 1.16MAED 1,163,800 · May 2016May 2016 | 73,500 /yr | |
| B310 | Studio | 565 sqft | AED 718KAED 718,000 · Jun 2018June 2018 | 36,300 /yr | |
| B311 | 1-bed | 931 sqft | AED 1.12MAED 1,118,000 · Nov 2017November 2017 | 70,000 /yr | |
| B312 | 1-bed | 723 sqft | AED 1.02MAED 1,019,350 · Apr 2016April 2016 | 60,000 /yr |
B308, Golf Promenade 3B in numbers
- Sold twice: first on 6 November 2017 for AED 809,000, last on 2 October 2024 for AED 600,000 (AED 1,003 per sqft).
- Rented since May 2018 on 7 Ejari contracts. The rent fell from AED 43,000 to AED 30,000 in 2020 and recovered to AED 45,500 by September 2024.
- At AED 45,500 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 9,000 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 2 October 2024.
Questions about B308, Golf Promenade 3B
What did unit B308 last sell for?
AED 600,000 on 2 October 2024: AED 1,003 per sqft for 598 sqft. The unit has 2 registered sales; the first was AED 809,000 in November 2017.
What is the rent for unit B308?
AED 45,500 a year on the contract renewed on 24 September 2024. The previous contract, from September 2023, was AED 45,500; the unit has been rented since May 2018.
How big is unit B308?
598 sqft (55.6 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2019.
What is unit B308 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.
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Mortgage on B308, Golf Promenade 3B
Starts from the last sale price (AED 600K, 2 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →