1-bed · 731 sqftGolf Promenade 3B, Damac Hills · 5th floor · completed 2019

B513, 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 B513 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 879K19 November 2017
Current rentAED 50K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B513, Golf Promenade 3B

What is B513 worth today?

Last sold for AED 879,000 in 2017

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1 Aug 2023RentedRenewal
AED 50,000/yr12 months · AED 68 per sqft
1 Aug 2022RentedRenewal
AED 43,000/yr12 months · AED 59 per sqft
25 Jul 2021RentedRenewal
AED 41,000/yr12 months · AED 56 per sqft
25 Jul 2020RentedNew contract
AED 41,000/yr12 months · AED 56 per sqft
1 Oct 2018RentedNew contract
AED 58,500/yr12 months · AED 80 per sqft
21 Dec 2017RentedNew contract
AED 68,000/yr12 months · AED 93 per sqft
19 Nov 2017Sold by developerReady
AED 879,000AED 1,202 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
1-bed apartment
Size
731 sqft
Floor
5th of 9
Parking
UP1-24
Developer
DAMAC
Completed
2019
Service charge
AED 11,000 /yr
Last sold
AED 879K · November 2017

About B513, Golf Promenade 3B

B513 is a one-bedroom apartment of 731 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 19 November 2017 for AED 879,000, or AED 1,202 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 2017 on 6 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 50,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 11,000 a year.

Sales and rents for B513 over time

Sales
Unit B513, 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 879,000 (AED 1,202 per sqft)

B513 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B513, 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, December 2017: AED 68,000 a yearNew contract, October 2018: AED 58,500 a yearNew contract, July 2020: AED 41,000 a yearRenewal, July 2021: AED 41,000 a yearRenewal, August 2022: AED 43,000 a yearRenewal, August 2023: AED 50,000 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 B513 sits

All 40 1-beds →

B513 last sold in November 2017 at AED 1,202 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. B513's AED 50,000 is in the lower 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

B513, Golf Promenade 3B in numbers

  • Sold once: by DAMAC on 19 November 2017 for AED 879,000, or AED 1,202 per sqft.
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 41,000 in 2021 and recovered to AED 50,000 by August 2023.
  • At AED 50,000 a year the gross yield on the 2017 price is 5.7%, before a service charge of about AED 11,000 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 1 August 2023.

Questions about B513, Golf Promenade 3B

What did unit B513 last sell for?

AED 879,000 on 19 November 2017, sold by the developer: AED 1,202 per sqft for 731 sqft. It is the only registered sale of the unit.

What is the rent for unit B513?

AED 50,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 43,000; the unit has been rented since December 2017.

How big is unit B513?

731 sqft (67.9 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2019.

What is unit B513 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 B513, Golf Promenade 3B

Starts from the last sale price (AED 879K, 19 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 879,000
Deposit, UAE resident (20%)
AED 175,800
Deposit, non-resident (40%)
AED 351,600
Monthly over 25 years at 3.7%
AED 3,596

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