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2-bed · 1,452 sqftGolf Promenade 3B, Damac Hills · 9th floor · completed 2019

B907, Golf Promenade 3B

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B907 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.78M21 November 2017
Current rentAED 90K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B907, Golf Promenade 3B

What is B907 worth today?

Last sold for AED 1,780,000 in 2017

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1 Jul 2024RentedNew contract
AED 90,000/yr12 months · AED 62 per sqft
1 Jul 2023RentedRenewal
AED 86,000/yr12 months · AED 59 per sqft
1 Jul 2022RentedNew contract
AED 78,000/yr12 months · AED 54 per sqft
31 Mar 2021RentedRenewal
AED 75,000/yr12 months · AED 52 per sqft
10 Mar 2020RentedRenewal
AED 80,000/yr13 months · AED 55 per sqft
10 Mar 2019RentedNew contract
AED 85,000/yr12 months · AED 58 per sqft
21 Nov 2017Sold by developerReady
AED 1,780,000AED 1,225 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
9th of 9
Parking
P2-24
Developer
DAMAC
Completed
2019
Service charge
AED 21,800 /yr
Last sold
AED 1.78M · November 2017
Building
Golf Promenade 3B

About B907, Golf Promenade 3B

B907 is a two-bedroom apartment of 1,452 sqft on the 9th floor of Golf Promenade 3B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 21 November 2017 for AED 1,780,000, or AED 1,225 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 July 2024, is AED 90,000 a year: a gross yield of 5.1% on the 2017 price, before the service charge of about AED 21,800 a year.

Sales and rents for B907 over time

Sales
Unit B907, each saleTypical two-bed in Golf Promenade 3B
1.6M1.8M2017201920212023Typical sale price by year: 2021 AED 1,521,000; 2023 AED 1,621,000Sold by developer, November 2017: AED 1,780,000 (AED 1,225 per sqft)

B907 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B907, 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 85,000 a yearRenewal, March 2020: AED 80,000 a yearRenewal, March 2021: AED 75,000 a yearNew contract, July 2022: AED 78,000 a yearRenewal, July 2023: AED 86,000 a yearNew contract, July 2024: AED 90,000 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 B907 sits

All 11 2-beds →

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 9th floor

All 82 units in Golf Promenade 3B
Value
B9013-bedAED 2M · Nov 2024
B9023-bedAED 2M · Sep 2022
B9031-bedAED 1.08M · Aug 2022
B9041-bedAED 1.02M · Nov 2017
B9051-bedAED 957K · Jun 2018
B9061-bedAED 1.1M · Sep 2015

B907, Golf Promenade 3B in numbers

  • Sold once: by DAMAC on 21 November 2017 for AED 1,780,000, or AED 1,225 per sqft.
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 75,000 in 2021 and recovered to AED 90,000 by July 2024.
  • At AED 90,000 a year the gross yield on the 2017 price is 5.1%, before a service charge of about AED 21,800 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 July 2024.

Questions about B907, Golf Promenade 3B

What did unit B907 last sell for?

AED 1,780,000 on 21 November 2017, sold by the developer: AED 1,225 per sqft for 1,452 sqft. It is the only registered sale of the unit.

What is the rent for unit B907?

AED 90,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2023, was AED 86,000; the unit has been rented since March 2019.

How big is unit B907?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 9th floor of a 9-storey tower completed in 2019.

What is unit B907 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 B907, Golf Promenade 3B

Starts from the last sale price (AED 1.78M, 21 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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