2-bed · 1,853 sqftGolf Promenade 4A, Damac Hills · Ground floor · completed 2019

G+P 04, Golf Promenade 4A

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G+P 04 · DLD and Ejari recordsUpdated 13 February 2024
Last soldAED 2.32M13 February 2024
Current rentAED 110K /yr7 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G+P 04, Golf Promenade 4A

What is G+P 04 worth today?

Last sold for AED 2,320,000 in 2024

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13 Feb 2024SoldReady
AED 2,320,000AED 1,251 per sqft
24 May 2023Sold by developerReady
AED 1,635,400AED 882 per sqft
7 Nov 2022RentedNew contract
AED 110,250/yr12 months · AED 59 per sqft
8 Oct 2020RentedNew contract
AED 107,000/yr13 months · AED 58 per sqft
1 Aug 2019RentedRenewal
AED 116,000/yr12 months · AED 63 per sqft
1 Aug 2018RentedNew contract
AED 126,000/yr12 months · AED 68 per sqft
10 Sep 2017RentedNew contract
AED 139,500/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 13 February 2024.

Key facts

Type
2-bed apartment
Size
1,853 sqft
Floor
Ground of 9
Parking
LP1-26, LP1-35
Developer
DAMAC
Completed
2019
Service charge
AED 27,800 /yr
Last sold
AED 2.32M · February 2024

About G+P 04, Golf Promenade 4A

G+P 04 is a two-bedroom apartment of 1,853 sqft on the ground floor of Golf Promenade 4A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 13 February 2024 for AED 2,320,000, or AED 1,251 per sqft, 42% above the AED 882 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 7 November 2022, is AED 110,250 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 27,800 a year.

Sales and rents for G+P 04 over time

Sales
Unit G+P 04, 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 1,635,400 (AED 882 per sqft)Sold, February 2024: AED 2,320,000 (AED 1,251 per sqft)

G+P 04 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G+P 04, 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 139,500 a yearNew contract, August 2018: AED 126,000 a yearRenewal, August 2019: AED 116,000 a yearNew contract, October 2020: AED 107,000 a yearNew contract, November 2022: AED 110,250 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 G+P 04 sits

All 11 2-beds →

G+P 04 last sold in February 2024 at AED 1,251 per sqft, 42% above what two-beds in Golf Promenade 4A were fetching at the time (AED 882). 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. G+P 04's AED 110,250 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 ground floor

All 82 units in Golf Promenade 4A
Value
G+P 013-bedAED 2.7M · Jun 2024
G+P 023-bedAED 2.76M · Apr 2025
G+P 032-bedAED 2.98M · Jun 2025

G+P 04, Golf Promenade 4A in numbers

  • Sold twice: first on 24 May 2023 for AED 1,635,400, last on 13 February 2024 for AED 2,320,000 (AED 1,251 per sqft).
  • Rented since September 2017 on 5 Ejari contracts, from AED 139,500 to AED 110,250 a year.
  • At AED 110,250 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 27,800 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 13 February 2024.

Questions about G+P 04, Golf Promenade 4A

What did unit G+P 04 last sell for?

AED 2,320,000 on 13 February 2024: AED 1,251 per sqft for 1,853 sqft. The unit has 2 registered sales; the first was AED 1,635,400 in May 2023.

What is the rent for unit G+P 04?

AED 110,250 a year on the contract signed on 7 November 2022. The previous contract, from October 2020, was AED 107,000; the unit has been rented since September 2017.

How big is unit G+P 04?

1,853 sqft (172.1 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2019.

What is unit G+P 04 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 G+P 04, Golf Promenade 4A

Starts from the last sale price (AED 2.32M, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,320,000
Deposit, UAE resident (20%)
AED 464,000
Deposit, non-resident (40%)
AED 928,000
Monthly over 25 years at 3.7%
AED 9,492

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