2-bed · 1,821 sqftGolf Promenade 3B, Damac Hills · 7th floor · completed 2019

B701, Golf Promenade 3B

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B701 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.62M29 October 2023
Current rentAED 120K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B701, Golf Promenade 3B

What is B701 worth today?

Last sold for AED 1,621,000 in 2023

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1 Sep 2025RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft
1 Sep 2024RentedRenewal
AED 96,600/yr12 months · AED 53 per sqft
29 Oct 2023Sold by developerReady
AED 1,621,000AED 890 per sqft
1 Sep 2021RentedRenewal
AED 90,000/yr12 months · AED 49 per sqft
1 Aug 2020RentedNew contract
AED 90,000/yr13 months · AED 49 per sqft
30 Mar 2019RentedNew contract
AED 99,750/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,821 sqft
Floor
7th of 9
Parking
P2-26
Developer
DAMAC
Completed
2019
Service charge
AED 27,300 /yr
Last sold
AED 1.62M · October 2023

About B701, Golf Promenade 3B

B701 is a two-bedroom apartment of 1,821 sqft on the 7th floor of Golf Promenade 3B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 29 October 2023 for AED 1,621,000, or AED 890 per sqft, 5% above the AED 844 two-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 1 September 2025, is AED 120,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 27,300 a year.

Sales and rents for B701 over time

Sales
Unit B701, each saleTypical two-bed in Golf Promenade 3B
1.55M1.6M2021202220232024Typical sale price by year: 2021 AED 1,521,000; 2023 AED 1,621,000Sold by developer, October 2023: AED 1,621,000 (AED 890 per sqft)

B701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B701, each contractTypical two-bed in Golf Promenade 3B
100K150K2019202120232025Typical rent by year: 2019 AED 99,750; 2020 AED 95,000; 2021 AED 90,000; 2022 AED 82,000; 2023 AED 130,000; 2024 AED 145,000; 2025 AED 160,000New contract, March 2019: AED 99,750 a yearNew contract, August 2020: AED 90,000 a yearRenewal, September 2021: AED 90,000 a yearRenewal, September 2024: AED 96,600 a yearNew contract, September 2025: AED 120,000 a year

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

2-beds in Golf Promenade 3B, and where B701 sits

All 11 2-beds →

B701 last sold in October 2023 at AED 890 per sqft, 5% above what two-beds in Golf Promenade 3B were fetching at the time (AED 844). Over the last 12 months two-beds sold for AED 2,680,000, around AED 1,446 per sqft, and rent for AED 125,000 to 140,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Nov 20252,680,000
16 Jan 20252,600,000
26 Nov 20242,025,000
14 Dec 20231,675,000
1 2-bed sale 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 7th floor

All 82 units in Golf Promenade 3B
Value
B7023-bedAED 3.05M · Sep 2025
B703StudioAED 750K · Aug 2024
B7042-bedAED 1.62M · Nov 2019
B7051-bedAED 1.02M · Nov 2017
B7061-bedAED 999K · Apr 2017
B7071-bedAED 1.08M · Jul 2025
B7081-bedAED 1.03M · Jan 2026
1–7 of 9

B701, Golf Promenade 3B in numbers

  • Sold once: by DAMAC on 29 October 2023 for AED 1,621,000, or AED 890 per sqft.
  • Rented since March 2019 on 5 Ejari contracts, from AED 99,750 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 27,300 a year (AED 15.00 per sqft).
  • Two-beds in Golf Promenade 3B sold for AED 2,680,000–2,680,000 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 September 2025.

Questions about B701, Golf Promenade 3B

What did unit B701 last sell for?

AED 1,621,000 on 29 October 2023, sold by the developer: AED 890 per sqft for 1,821 sqft. It is the only registered sale of the unit.

What is the rent for unit B701?

AED 120,000 a year on the contract signed on 1 September 2025. The previous contract, from September 2024, was AED 96,600; the unit has been rented since March 2019.

How big is unit B701?

1,821 sqft (169.2 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2019.

What is unit B701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Promenade 3B sold for AED 2,680,000 to 2,680,000 in the last 12 months, around AED 1,446 per sqft.

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Mortgage on B701, Golf Promenade 3B

Starts from the last sale price (AED 1.62M, 29 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,621,000
Deposit, UAE resident (20%)
AED 324,200
Deposit, non-resident (40%)
AED 648,400
Monthly over 25 years at 3.7%
AED 6,632

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