Studio · 485 sqftGolf Promenade 3B, Damac Hills · 7th floor · completed 2019

B703, Golf Promenade 3B

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B703 · DLD and Ejari recordsUpdated 6 October 2025
Last soldAED 750K16 August 2024
Current rentAED 60K /yr6 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B703, Golf Promenade 3B

What is B703 worth today?

Last sold for AED 750,000 in 2024

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6 Oct 2025RentedRenewal
AED 60,000/yr12 months · AED 124 per sqft
6 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
16 Aug 2024SoldReady
AED 750,000AED 1,547 per sqft
22 May 2024SoldReady
AED 561,550AED 1,158 per sqft
16 Dec 2021RentedNew contract
AED 26,000/yr12 months · AED 54 per sqft
4 Oct 2020RentedNew contract
AED 26,000/yr12 months · AED 54 per sqft
18 Mar 2019RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
19 Dec 2017Sold by developerReady
AED 533,500AED 1,100 per sqft

Source: Dubai Land Department. Updated 6 October 2025.

Key facts

Type
Studio apartment
Size
485 sqft
Floor
7th of 9
Parking
T2-P2-4
Developer
DAMAC
Completed
2019
Service charge
AED 7,300 /yr
Last sold
AED 750K · August 2024

About B703, Golf Promenade 3B

B703 is a studio of 485 sqft on the 7th floor of Golf Promenade 3B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 16 August 2024 for AED 750,000, or AED 1,547 per sqft, 34% above the AED 1,158 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 6 October 2025, is AED 60,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 7,300 a year.

Sales and rents for B703 over time

Sales
Unit B703, each saleTypical studio in Golf Promenade 3B
500K600K700K2015201820212024Typical sale price by year: 2015 AED 741,595; 2017 AED 667,000; 2018 AED 713,500; 2024 AED 590,000Sold by developer, December 2017: AED 533,500 (AED 1,100 per sqft)Sold, May 2024: AED 561,550 (AED 1,158 per sqft)Sold, August 2024: AED 750,000 (AED 1,547 per sqft)

B703 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B703, each contractTypical studio in Golf Promenade 3B
20K40K60K2017202020232026Typical rent by year: 2017 AED 48,000; 2018 AED 41,500; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 44,857; 2025 AED 45,000; 2026 AED 43,000New contract, March 2019: AED 40,000 a yearNew contract, October 2020: AED 26,000 a yearNew contract, December 2021: AED 26,000 a yearNew contract, October 2024: AED 60,000 a yearRenewal, October 2025: AED 60,000 a year

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 B703 sits

All 21 studios →

B703 last sold in August 2024 at AED 1,547 per sqft, 34% above what studios in Golf Promenade 3B were fetching at the time (AED 1,158). 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. B703's AED 60,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
20 May 2026570,000
14 Nov 2025680,000
13 Mar 2025590,000
28 Oct 2024590,000
2 studio 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 7th floor

All 82 units in Golf Promenade 3B
Value
B7012-bedAED 1.62M · Oct 2023
B7023-bedAED 3.05M · Sep 2025
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

B703, Golf Promenade 3B in numbers

  • Sold 3 times: first on 19 December 2017 for AED 533,500, last on 16 August 2024 for AED 750,000 (AED 1,547 per sqft).
  • Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 26,000 in 2021 and recovered to AED 60,000 by October 2025.
  • At AED 60,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 7,300 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 6 October 2025.

Questions about B703, Golf Promenade 3B

What did unit B703 last sell for?

AED 750,000 on 16 August 2024: AED 1,547 per sqft for 485 sqft. The unit has 3 registered sales; the first was AED 533,500 in December 2017.

What is the rent for unit B703?

AED 60,000 a year on the contract renewed on 6 October 2025. The previous contract, from October 2024, was AED 60,000; the unit has been rented since March 2019.

How big is unit B703?

485 sqft (45.1 sqm): a studio on the 7th floor of a 9-storey tower completed in 2019.

What is unit B703 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 B703, Golf Promenade 3B

Starts from the last sale price (AED 750K, 16 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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