2-bed · 1,821 sqftGolf Promenade 4A, Damac Hills · 7th floor · completed 2019

A701, Golf Promenade 4A

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A701 · DLD and Ejari recordsUpdated 7 January 2025
Last soldAED 2.21M7 January 2025
Current rentAED 88K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A701, Golf Promenade 4A

What is A701 worth today?

Last sold for AED 2,207,970 in 2025

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7 Jan 2025SoldReady
AED 2,207,970AED 1,212 per sqft
20 Dec 2023RentedRenewal
AED 88,200/yr12 months · AED 48 per sqft
24 May 2023Sold by developerReady
AED 1,606,800AED 882 per sqft
20 Dec 2022RentedRenewal
AED 88,200/yr12 months · AED 48 per sqft
20 Dec 2021RentedRenewal
AED 84,000/yr12 months · AED 46 per sqft
20 Nov 2020RentedNew contract
AED 80,000/yr13 months · AED 44 per sqft
18 Aug 2019RentedNew contract
AED 102,500/yr13 months · AED 56 per sqft
10 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 7 January 2025.

Key facts

Type
2-bed apartment
Size
1,821 sqft
Floor
7th of 9
Parking
T3-UP1-19, T3-UP1-45
Developer
DAMAC
Completed
2019
Service charge
AED 27,300 /yr
Last sold
AED 2.21M · January 2025

About A701, Golf Promenade 4A

A701 is a two-bedroom apartment of 1,821 sqft on the 7th floor of Golf Promenade 4A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 7 January 2025 for AED 2,207,970, or AED 1,212 per sqft, in line with the AED 1,213 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 20 December 2023, is AED 88,200 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 27,300 a year.

Sales and rents for A701 over time

Sales
Unit A701, each saleTypical two-bed in Golf Promenade 4A
1.5M2M20222023202420252026Typical sale price by year: 2022 AED 1,564,100; 2023 AED 1,429,500; 2024 AED 2,320,000; 2025 AED 2,045,731Sold by developer, May 2023: AED 1,606,800 (AED 882 per sqft)Sold, January 2025: AED 2,207,970 (AED 1,212 per sqft)

A701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A701, each contractTypical two-bed in Golf Promenade 4A
100K150K2017202020232026Typical rent by year: 2017 AED 126,500; 2018 AED 115,500; 2019 AED 95,500; 2020 AED 85,500; 2021 AED 84,500; 2022 AED 89,250; 2023 AED 90,000; 2025 AED 155,000; 2026 AED 133,500New contract, September 2017: AED 130,000 a yearNew contract, August 2019: AED 102,500 a yearNew contract, November 2020: AED 80,000 a yearRenewal, December 2021: AED 84,000 a yearRenewal, December 2022: AED 88,200 a yearRenewal, December 2023: AED 88,200 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 4A, and where A701 sits

All 11 2-beds →

A701 last sold in January 2025 at AED 1,212 per sqft, in line with what two-beds in Golf Promenade 4A were fetching at the time (AED 1,213). Over the last 12 months two-beds sold for AED 2,700,000, around AED 1,667 per sqft, and rent for AED 115,000 to 175,000 a year. A701's AED 88,200 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20262,700,000
2 Jun 20252,975,000
26 May 20251,529,649
26 May 20251,621,979
1 2-bed sale in the last 12 months

Golf Promenade 4A

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 3 sold in the last 12 months.

Typical price per sqft
AED 1,418
Typical sale
AED 1.2M
Typical rent
AED 73K /yr
Typical yield
6.3%
Golf Promenade 4A, Damac Hills: prices, sales and rents →

Other units on the 7th floor

All 82 units in Golf Promenade 4A
Value
A7023-bedAED 3M · Feb 2025
A703StudioAED 515K · May 2025
A7042-bedAED 1.62M · Apr 2025
A7051-bedAED 854K · Apr 2025
A7061-bedAED 1.08M · Jun 2025
A7071-bedAED 781K · Apr 2025
A7081-bedAED 1.15M · Oct 2024
1–7 of 9

A701, Golf Promenade 4A in numbers

  • Sold twice: first on 24 May 2023 for AED 1,606,800, last on 7 January 2025 for AED 2,207,970 (AED 1,212 per sqft).
  • Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2020 and recovered to AED 88,200 by December 2023.
  • At AED 88,200 a year the gross yield on the 2025 price is 4.0%, before a service charge of about AED 27,300 a year (AED 15.00 per sqft).
  • Two-beds in Golf Promenade 4A sold for AED 2,700,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,418 per sqft.

Source: Dubai Land Department. Updated 7 January 2025.

Questions about A701, Golf Promenade 4A

What did unit A701 last sell for?

AED 2,207,970 on 7 January 2025: AED 1,212 per sqft for 1,821 sqft. The unit has 2 registered sales; the first was AED 1,606,800 in May 2023.

What is the rent for unit A701?

AED 88,200 a year on the contract renewed on 20 December 2023. The previous contract, from December 2022, was AED 88,200; the unit has been rented since September 2017.

How big is unit A701?

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 A701 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 4A sold for AED 2,700,000 to 2,700,000 in the last 12 months, around AED 1,667 per sqft.

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Mortgage on A701, Golf Promenade 4A

Starts from the last sale price (AED 2.21M, 7 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,207,970
Deposit, UAE resident (20%)
AED 441,594
Deposit, non-resident (40%)
AED 883,188
Monthly over 25 years at 3.7%
AED 9,033

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