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2-bed · 1,619 sqftGolf Promenade 4B, Damac Hills · 6th floor · completed 2019

B601, Golf Promenade 4B

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

Unit B601 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 2.03M10 July 2024
Current rentAED 88K /yr15 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B601, Golf Promenade 4B

What is B601 worth today?

Last sold for AED 2,025,000 in 2024

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10 Jul 2024SoldReady
AED 2,025,000AED 1,250 per sqft
22 Jun 2023Sold by developerReady
AED 1,429,500AED 882 per sqft
15 Jan 2023RentedRenewal
AED 88,200/yr12 months · AED 54 per sqft
15 Jan 2022RentedRenewal
AED 84,000/yr12 months · AED 52 per sqft
15 Dec 2020RentedNew contract
AED 80,000/yr13 months · AED 49 per sqft
5 Mar 2020RentedNew contract
AED 91,000/yr13 months · AED 56 per sqft
12 Aug 2018RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
16 Jun 2017RentedNew contract
AED 124,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
2-bed apartment
Size
1,619 sqft
Floor
6th of 9
Parking
T4-UP1-25
Developer
DAMAC
Completed
2019
Service charge
AED 24,300 /yr
Last sold
AED 2.03M · July 2024
Building
Golf Promenade 4B

About B601, Golf Promenade 4B

B601 is a two-bedroom apartment of 1,619 sqft on the 6th floor of Golf Promenade 4B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 10 July 2024 for AED 2,025,000, or AED 1,250 per sqft, 19% above the AED 1,048 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 15 January 2023, is AED 88,200 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 24,300 a year.

Sales and rents for B601 over time

Sales
Unit B601, each saleTypical two-bed in Golf Promenade 4B
1.5M2M2023202420252026Typical sale price by year: 2023 AED 1,491,200; 2024 AED 2,022,500; 2025 AED 1,880,364Sold by developer, June 2023: AED 1,429,500 (AED 882 per sqft)Sold, July 2024: AED 2,025,000 (AED 1,250 per sqft)

B601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B601, each contractTypical two-bed in Golf Promenade 4B
100K150K2017202020232026Typical rent by year: 2017 AED 124,000; 2018 AED 113,500; 2019 AED 98,000; 2020 AED 86,000; 2021 AED 90,000; 2022 AED 87,622; 2023 AED 91,397; 2024 AED 94,500; 2025 AED 160,000; 2026 AED 125,000New contract, June 2017: AED 124,000 a yearNew contract, August 2018: AED 105,000 a yearNew contract, March 2020: AED 91,000 a yearNew contract, December 2020: AED 80,000 a yearRenewal, January 2022: AED 84,000 a yearRenewal, January 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 4B, and where B601 sits

All 11 2-beds →

B601 last sold in July 2024 at AED 1,250 per sqft, 19% above what two-beds in Golf Promenade 4B were fetching at the time (AED 1,048). B601's AED 88,200 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 May 20252,045,731
26 May 20252,101,543
14 May 20252,101,543
14 May 20251,880,364
0 2-bed sales in the last 12 months

Golf Promenade 4B

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 2 sold in the last 12 months.

Typical price per sqft
AED 1,301
Typical sale
AED 1M
Typical rent
AED 77K /yr
Typical yield
6.9%
Golf Promenade 4B, Damac Hills: prices, sales and rents →

Other units on the 6th floor

All 82 units in Golf Promenade 4B
Value
B6023-bedAED 2.06M · Sep 2024
B6031-bedAED 1.17M · Jul 2025
B604StudioAED 524K · Apr 2025
B605StudioAED 519K · Apr 2025
B606StudioAED 541K · Apr 2025
B6071-bedAED 852K · May 2025
B6081-bedAED 802K · May 2025
1–7 of 12

B601, Golf Promenade 4B in numbers

  • Sold twice: first on 22 June 2023 for AED 1,429,500, last on 10 July 2024 for AED 2,025,000 (AED 1,250 per sqft).
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 124,000 to AED 80,000 in 2020 and recovered to AED 88,200 by January 2023.
  • At AED 88,200 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 24,300 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 10 July 2024.

Questions about B601, Golf Promenade 4B

What did unit B601 last sell for?

AED 2,025,000 on 10 July 2024: AED 1,250 per sqft for 1,619 sqft. The unit has 2 registered sales; the first was AED 1,429,500 in June 2023.

What is the rent for unit B601?

AED 88,200 a year on the contract renewed on 15 January 2023. The previous contract, from January 2022, was AED 84,000; the unit has been rented since June 2017.

How big is unit B601?

1,619 sqft (150.4 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2019.

What is unit B601 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 B601, Golf Promenade 4B

Starts from the last sale price (AED 2.03M, 10 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,025,000
Deposit, UAE resident (20%)
AED 405,000
Deposit, non-resident (40%)
AED 810,000
Monthly over 25 years at 3.7%
AED 8,285

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