1-bed · 838 sqftGolf Promenade 3B, Damac Hills · 6th floor · completed 2019

B603, Golf Promenade 3B

Sold prices and rental history: sold twice, last in December 2021, and rented once, from February 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B603 · DLD and Ejari recordsUpdated 7 December 2021
Last soldAED 645K7 December 2021
Current rentAED 55K /yr17 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B603, Golf Promenade 3B

What is B603 worth today?

Last sold for AED 645,000 in 2021

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7 Dec 2021SoldReady
AED 645,000AED 769 per sqft
17 Feb 2018RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
17 Aug 2015Sold by developerOff-plan
AED 1,113,400AED 1,328 per sqft

Source: Dubai Land Department. Updated 7 December 2021.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
6th of 9
Parking
UP1-26
Developer
DAMAC
Completed
2019
Service charge
AED 12,600 /yr
Last sold
AED 645K · December 2021

About B603, Golf Promenade 3B

B603 is a one-bedroom apartment of 838 sqft on the 6th floor of Golf Promenade 3B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 7 December 2021 for AED 645,000, or AED 769 per sqft.

One Ejari contract is registered, from 17 February 2018. The current contract, signed on 17 February 2018, is AED 55,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 12,600 a year.

Sales and rents for B603 over time

Sales
Unit B603, each saleTypical one-bed in Golf Promenade 3B
750K1M20152018202120242027Typical 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, August 2015: AED 1,113,400 (AED 1,328 per sqft)Sold, December 2021: AED 645,000 (AED 769 per sqft)

B603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B603, 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, February 2018: AED 55,000 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 B603 sits

All 40 1-beds →

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. B603's AED 55,000 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 6th floor

All 82 units in Golf Promenade 3B
Value
B6012-bedAED 2.17M · Nov 2015
B6023-bedAED 1.27M · Oct 2021
B604StudioAED 753K · Aug 2015
B605StudioAED 748K · Aug 2015
B606StudioAED 709K · Jul 2018
B6071-bedAED 1.12M · Sep 2015
B6081-bedAED 900K · Oct 2023
1–7 of 12

B603, Golf Promenade 3B in numbers

  • Sold twice: first on 17 August 2015 for AED 1,113,400, last on 7 December 2021 for AED 645,000 (AED 769 per sqft).
  • Rented since February 2018 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 12,600 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 7 December 2021.

Questions about B603, Golf Promenade 3B

What did unit B603 last sell for?

AED 645,000 on 7 December 2021: AED 769 per sqft for 838 sqft. The unit has 2 registered sales; the first was AED 1,113,400 in August 2015.

What is the rent for unit B603?

AED 55,000 a year on the contract signed on 17 February 2018.

How big is unit B603?

838 sqft (77.9 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2019.

What is unit B603 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 B603, Golf Promenade 3B

Starts from the last sale price (AED 645K, 7 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

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