1-bed · 904 sqftGolf Promenade 3B, Damac Hills · 5th floor · completed 2019

B510, Golf Promenade 3B

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B510 · DLD and Ejari recordsUpdated 3 August 2023
Last soldAED 1.07M6 November 2017
Current rentAED 65K /yr3 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B510, Golf Promenade 3B

What is B510 worth today?

Last sold for AED 1,073,952 in 2017

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3 Aug 2023RentedNew contract
AED 64,826/yr12 months · AED 72 per sqft
10 Jul 2022RentedRenewal
AED 49,500/yr12 months · AED 55 per sqft
10 Jun 2021RentedRenewal
AED 45,000/yr13 months · AED 50 per sqft
10 May 2020RentedNew contract
AED 56,000/yr13 months · AED 62 per sqft
8 Aug 2019RentedNew contract
AED 55,000/yr12 months · AED 61 per sqft
6 Nov 2017Sold by developerReady
AED 1,073,952AED 1,188 per sqft

Source: Dubai Land Department. Updated 3 August 2023.

Key facts

Type
1-bed apartment
Size
904 sqft
Floor
5th of 9
Parking
UP1-21
Developer
DAMAC
Completed
2019
Service charge
AED 13,600 /yr
Last sold
AED 1.07M · November 2017

About B510, Golf Promenade 3B

B510 is a one-bedroom apartment of 904 sqft on the 5th floor of Golf Promenade 3B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 6 November 2017 for AED 1,073,952, or AED 1,188 per sqft, in line with the AED 1,201 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 3 August 2023, is AED 64,826 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 13,600 a year.

Sales and rents for B510 over time

Sales
Unit B510, each saleTypical one-bed in Golf Promenade 3B
800K1M20152018202120242027Typical 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 1,073,952 (AED 1,188 per sqft)

B510 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B510, each contractTypical one-bed in Golf Promenade 3B
40K60K2017202020232026Typical 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, August 2019: AED 55,000 a yearNew contract, May 2020: AED 56,000 a yearRenewal, June 2021: AED 45,000 a yearRenewal, July 2022: AED 49,500 a yearNew contract, August 2023: AED 64,826 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 B510 sits

All 40 1-beds →

B510 last sold in November 2017 at AED 1,188 per sqft, in line with 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. B510's AED 64,826 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 5th floor

All 82 units in Golf Promenade 3B
Value
B5012-bedAED 2.15M · Jun 2018
B5023-bedAED 2.1M · Feb 2025
B5031-bedAED 969K · Nov 2017
B504StudioAED 510K · Aug 2024
B505StudioAED 709K · Nov 2017
B506StudioAED 705K · Dec 2017
B5071-bedAED 1.02M · Nov 2017
1–7 of 12

B510, Golf Promenade 3B in numbers

  • Sold once: by DAMAC on 6 November 2017 for AED 1,073,952, or AED 1,188 per sqft.
  • Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 45,000 in 2021 and recovered to AED 64,826 by August 2023.
  • At AED 64,826 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 13,600 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 3 August 2023.

Questions about B510, Golf Promenade 3B

What did unit B510 last sell for?

AED 1,073,952 on 6 November 2017, sold by the developer: AED 1,188 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit B510?

AED 64,826 a year on the contract signed on 3 August 2023. The previous contract, from July 2022, was AED 49,500; the unit has been rented since August 2019.

How big is unit B510?

904 sqft (84.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2019.

What is unit B510 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 B510, Golf Promenade 3B

Starts from the last sale price (AED 1.07M, 6 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,073,952
Deposit, UAE resident (20%)
AED 214,790
Deposit, non-resident (40%)
AED 429,581
Monthly over 25 years at 3.7%
AED 4,394

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