3-bed · 2,339 sqftGolf Promenade 3B, Damac Hills · Ground floor · completed 2019

G+P 08, Golf Promenade 3B

Sold prices and rental history: sold twice, last in May 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G+P 08 · DLD and Ejari recordsUpdated 11 May 2023
Last soldAED 2.65M11 May 2023
Current rentAED 115K /yr6 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G+P 08, Golf Promenade 3B

What is G+P 08 worth today?

Last sold for AED 2,650,000 in 2023

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11 May 2023SoldReady
AED 2,650,000AED 1,132 per sqft
6 Oct 2021RentedRenewal
AED 115,262/yr11 months · AED 49 per sqft
7 Jul 2021Sold by developerReady
AED 1,633,000AED 698 per sqft
6 Sep 2020RentedNew contract
AED 110,000/yr13 months · AED 47 per sqft
13 May 2019RentedNew contract
AED 126,500/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 11 May 2023.

Key facts

Type
3-bed apartment
Size
2,339 sqft
Floor
Ground of 9
Parking
LP1-30., LP1-31
Developer
DAMAC
Completed
2019
Service charge
AED 35,100 /yr
Last sold
AED 2.65M · May 2023

About G+P 08, Golf Promenade 3B

G+P 08 is a three-bedroom apartment of 2,339 sqft on the ground floor of Golf Promenade 3B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 11 May 2023 for AED 2,650,000, or AED 1,132 per sqft, 61% above the AED 703 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 6 October 2021, is AED 115,262 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 35,100 a year.

Sales and rents for G+P 08 over time

Sales
Unit G+P 08, each saleTypical three-bed in Golf Promenade 3B
1.5M2M2.5M20212022202320242025Typical sale price by year: 2021 AED 1,633,000; 2023 AED 2,139,270; 2024 AED 2,000,000Sold by developer, July 2021: AED 1,633,000 (AED 698 per sqft)Sold, May 2023: AED 2,650,000 (AED 1,132 per sqft)

G+P 08 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit G+P 08, each contractTypical three-bed in Golf Promenade 3B
100K150K200K2018202120242027Typical rent by year: 2018 AED 135,000; 2019 AED 115,900; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 150,000; 2024 AED 190,000; 2025 AED 180,000; 2026 AED 174,000New contract, May 2019: AED 126,500 a yearNew contract, September 2020: AED 110,000 a yearRenewal, October 2021: AED 115,262 a year

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

3-beds in Golf Promenade 3B, and where G+P 08 sits

All 10 3-beds →

G+P 08 last sold in May 2023 at AED 1,132 per sqft, 61% above what three-beds in Golf Promenade 3B were fetching at the time (AED 703). G+P 08's AED 115,262 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Sep 20253,050,000
6 Feb 20252,100,000
12 Nov 20242,000,000
8 Mar 20242,470,000
0 3-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 ground floor

All 82 units in Golf Promenade 3B
Value
G+P 052-bedAED 2.68M · Nov 2025
G+P 062-bedAED 2.6M · Jan 2025
G+P 073-bedAED 1.84M · Sep 2021

G+P 08, Golf Promenade 3B in numbers

  • Sold twice: first on 7 July 2021 for AED 1,633,000, last on 11 May 2023 for AED 2,650,000 (AED 1,132 per sqft).
  • Rented since May 2019 on 3 Ejari contracts, from AED 126,500 to AED 115,262 a year.
  • At AED 115,262 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 35,100 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 11 May 2023.

Questions about G+P 08, Golf Promenade 3B

What did unit G+P 08 last sell for?

AED 2,650,000 on 11 May 2023: AED 1,132 per sqft for 2,339 sqft. The unit has 2 registered sales; the first was AED 1,633,000 in July 2021.

What is the rent for unit G+P 08?

AED 115,262 a year on the contract renewed on 6 October 2021. The previous contract, from September 2020, was AED 110,000; the unit has been rented since May 2019.

How big is unit G+P 08?

2,339 sqft (217.3 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2019.

What is unit G+P 08 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on G+P 08, Golf Promenade 3B

Starts from the last sale price (AED 2.65M, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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