3-bed · 3,293 sqftGolf Promenade 5A, Damac Hills · 3rd floor · completed 2019

A302, Golf Promenade 5A

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

Unit A302 · DLD and Ejari recordsUpdated 5 February 2024
Last soldAED 2.95M5 February 2024
Current rentAED 110K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A302, Golf Promenade 5A

What is A302 worth today?

Last sold for AED 2,950,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Feb 2024SoldReady
AED 2,950,000AED 895 per sqft
19 Jul 2023Sold by developerReady
AED 2,443,140AED 741 per sqft
1 Oct 2020RentedNew contract
AED 110,000/yr13 months · AED 33 per sqft
3 Dec 2018RentedNew contract
AED 141,500/yr12 months · AED 43 per sqft
3 Nov 2017RentedNew contract
AED 158,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 5 February 2024.

Key facts

Type
3-bed apartment
Size
3,293 sqft
Floor
3rd of 9
Parking
UP1-17, UP1-47
Developer
DAMAC
Completed
2019
Service charge
AED 49,400 /yr
Last sold
AED 2.95M · February 2024

About A302, Golf Promenade 5A

A302 is a three-bedroom apartment of 3,293 sqft on the 3rd floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 5 February 2024 for AED 2,950,000, or AED 895 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 October 2020, is AED 110,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 49,400 a year.

Sales and rents for A302 over time

Sales
Unit A302, each saleTypical three-bed in Golf Promenade 5A
2M2.5M3M2022202320242025Typical sale price by year: 2022 AED 2,111,850; 2024 AED 2,330,000Sold by developer, July 2023: AED 2,443,140 (AED 741 per sqft)Sold, February 2024: AED 2,950,000 (AED 895 per sqft)

A302 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit A302, each contractTypical three-bed in Golf Promenade 5A
100K150K200K2017202020232026Typical rent by year: 2017 AED 147,000; 2018 AED 141,500; 2019 AED 127,025; 2020 AED 110,000; 2021 AED 101,500; 2022 AED 100,000; 2023 AED 190,000; 2025 AED 160,000; 2026 AED 155,000New contract, November 2017: AED 158,000 a yearNew contract, December 2018: AED 141,500 a yearNew contract, October 2020: AED 110,000 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 5A, and where A302 sits

All 9 3-beds →

Over the last 12 months three-beds sold for AED 2,200,000 to 3,400,000, around AED 1,236 per sqft, and rent for AED 155,000 to 165,000 a year. A302's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Aug 20262,200,000
3 Apr 20263,400,000
15 Sep 20254,100,000
24 Oct 20242,060,000
2 3-bed sales in the last 12 months

Golf Promenade 5A

Building

81 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft
AED 1,277
Typical sale
AED 2.2M
Typical rent
AED 70K /yr
Typical yield
7.2%
Golf Promenade 5A, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 81 units in Golf Promenade 5A
Value
A3012-bedAED 1.75M · Nov 2022
A3031-bedAED 1.14M · Feb 2023
A304StudioAED 577K · Dec 2022
A305StudioAED 627K · Jan 2023
A306StudioAED 595K · May 2023
A3071-bedAED 960K · Oct 2024
A308StudioAED 634K · May 2023
1–7 of 11

A302, Golf Promenade 5A in numbers

  • Sold twice: first on 19 July 2023 for AED 2,443,140, last on 5 February 2024 for AED 2,950,000 (AED 895 per sqft).
  • Rented since November 2017 on 3 Ejari contracts, from AED 158,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 49,400 a year (AED 15.00 per sqft).
  • Three-beds in Golf Promenade 5A sold for AED 2,200,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,277 per sqft.

Source: Dubai Land Department. Updated 5 February 2024.

Questions about A302, Golf Promenade 5A

What did unit A302 last sell for?

AED 2,950,000 on 5 February 2024: AED 895 per sqft for 3,293 sqft. The unit has 2 registered sales; the first was AED 2,443,140 in July 2023.

What is the rent for unit A302?

AED 110,000 a year on the contract signed on 1 October 2020. The previous contract, from December 2018, was AED 141,500; the unit has been rented since November 2017.

How big is unit A302?

3,293 sqft (305.9 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2019.

What is unit A302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golf Promenade 5A sold for AED 2,200,000 to 3,400,000 in the last 12 months, around AED 1,236 per sqft.

Selling A302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A302, Golf Promenade 5A

Starts from the last sale price (AED 2.95M, 5 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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