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1-bed · 803 sqftGolf Promenade 3B, Damac Hills · 8th floor · completed 2019

B807, Golf Promenade 3B

Sold prices and rental history: sold once, by the developer in November 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B807 · DLD and Ejari recordsUpdated 25 August 2020
Last soldAED 884K13 November 2017
Current rentAED 40K /yr25 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B807, Golf Promenade 3B

What is B807 worth today?

Last sold for AED 884,400 in 2017

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25 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
22 Jun 2019RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
6 Feb 2018RentedNew contract
AED 64,000/yr12 months · AED 79 per sqft
13 Nov 2017Sold by developerReady
AED 884,400AED 1,100 per sqft

Source: Dubai Land Department. Updated 25 August 2020.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
8th of 9
Parking
P2-16
Developer
DAMAC
Completed
2019
Service charge
AED 12,100 /yr
Last sold
AED 884K · November 2017
Building
Golf Promenade 3B

About B807, Golf Promenade 3B

B807 is a one-bedroom apartment of 803 sqft on the 8th floor of Golf Promenade 3B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 13 November 2017 for AED 884,400, or AED 1,100 per sqft, 8% below the AED 1,200 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 25 August 2020, is AED 40,000 a year: a gross yield of 4.5% on the 2017 price, before the service charge of about AED 12,100 a year.

Sales and rents for B807 over time

Sales
Unit B807, 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 884,400 (AED 1,100 per sqft)

B807 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B807, 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 64,000 a yearNew contract, June 2019: AED 48,000 a yearNew contract, August 2020: AED 40,000 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 B807 sits

All 40 1-beds →

B807 last sold in November 2017 at AED 1,100 per sqft, 8% below what one-beds in Golf Promenade 3B were fetching at the time (AED 1,200). 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. B807's AED 40,000 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 8th floor

All 82 units in Golf Promenade 3B
Value
B8012-bedAED 2.03M · Nov 2024
B8023-bedAED 2.47M · Mar 2024
B803StudioAED 535K · Nov 2017
B8042-bedAED 1.34M · Mar 2021
B8051-bedAED 902K · Nov 2022
B8061-bedAED 916K · Nov 2017
B8081-bedAED 750K · Oct 2025
1–7 of 9

B807, Golf Promenade 3B in numbers

  • Sold once: by DAMAC on 13 November 2017 for AED 884,400, or AED 1,100 per sqft.
  • Rented since February 2018 on 3 Ejari contracts, from AED 64,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 4.5%, before a service charge of about AED 12,100 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 25 August 2020.

Questions about B807, Golf Promenade 3B

What did unit B807 last sell for?

AED 884,400 on 13 November 2017, sold by the developer: AED 1,100 per sqft for 803 sqft. It is the only registered sale of the unit.

What is the rent for unit B807?

AED 40,000 a year on the contract signed on 25 August 2020. The previous contract, from June 2019, was AED 48,000; the unit has been rented since February 2018.

How big is unit B807?

803 sqft (74.6 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2019.

What is unit B807 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 B807, Golf Promenade 3B

Starts from the last sale price (AED 884K, 13 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 884,400
Deposit, UAE resident (20%)
AED 176,880
Deposit, non-resident (40%)
AED 353,760
Monthly over 25 years at 3.7%
AED 3,618

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