Studio · 586 sqftGolf Promenade 5A, Damac Hills · 3rd floor · completed 2019

A304, Golf Promenade 5A

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A304 · DLD and Ejari recordsUpdated 27 June 2025
Last soldAED 577K21 December 2022
Current rentAED 50K /yr27 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A304, Golf Promenade 5A

What is A304 worth today?

Last sold for AED 577,000 in 2022

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27 Jun 2025RentedNew contract
AED 50,000/yr12 months · AED 86 per sqft
27 Jun 2025RentedNew contract
AED 50,000/yr12 months · AED 86 per sqft
30 Mar 2024RentedRenewal
AED 33,000/yr12 months · AED 57 per sqft
30 Mar 2023RentedNew contract
AED 30,000/yr12 months · AED 52 per sqft
21 Dec 2022Sold by developerReady
AED 577,000AED 985 per sqft
1 Dec 2019RentedRenewal
AED 41,000/yr12 months · AED 70 per sqft
1 Dec 2018RentedNew contract
AED 42,000/yr12 months · AED 72 per sqft
5 Sep 2017RentedNew contract
AED 52,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 27 June 2025.

Key facts

Type
Studio apartment
Size
586 sqft
Floor
3rd of 9
Parking
B-2
Developer
DAMAC
Completed
2019
Service charge
AED 8,800 /yr
Last sold
AED 577K · December 2022

About A304, Golf Promenade 5A

A304 is a studio of 586 sqft on the 3rd floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 21 December 2022 for AED 577,000, or AED 985 per sqft, 8% below the AED 1,075 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 27 June 2025, is AED 50,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 8,800 a year.

Sales and rents for A304 over time

Sales
Unit A304, each saleTypical studio in Golf Promenade 5A
540K560K580K2022202320242025Typical sale price by year: 2022 AED 547,000; 2023 AED 586,050; 2024 AED 550,000Sold by developer, December 2022: AED 577,000 (AED 985 per sqft)

A304 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A304, each contractTypical studio in Golf Promenade 5A
40K2017202020232026Typical rent by year: 2017 AED 53,000; 2018 AED 47,500; 2019 AED 41,000; 2020 AED 35,000; 2021 AED 33,000; 2023 AED 42,500; 2024 AED 45,000; 2025 AED 47,000; 2026 AED 48,000New contract, September 2017: AED 52,000 a yearNew contract, December 2018: AED 42,000 a yearRenewal, December 2019: AED 41,000 a yearNew contract, March 2023: AED 30,000 a yearRenewal, March 2024: AED 33,000 a yearNew contract, June 2025: AED 50,000 a yearNew contract, June 2025: AED 50,000 a year

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

Studios in Golf Promenade 5A, and where A304 sits

All 21 studios →

A304 last sold in December 2022 at AED 985 per sqft, 8% below what studios in Golf Promenade 5A were fetching at the time (AED 1,075). A304's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Apr 2025560,000
20 Mar 2025615,000
26 Aug 2024280,279
29 Mar 2024560,000
0 studio 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
A3023-bedAED 2.95M · Feb 2024
A3031-bedAED 1.14M · Feb 2023
A305StudioAED 627K · Jan 2023
A306StudioAED 595K · May 2023
A3071-bedAED 960K · Oct 2024
A308StudioAED 634K · May 2023
1–7 of 11

A304, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 21 December 2022 for AED 577,000, or AED 985 per sqft.
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 30,000 in 2023 and recovered to AED 50,000 by June 2025.
  • At AED 50,000 a year the gross yield on the 2022 price is 8.7%, before a service charge of about AED 8,800 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 27 June 2025.

Questions about A304, Golf Promenade 5A

What did unit A304 last sell for?

AED 577,000 on 21 December 2022, sold by the developer: AED 985 per sqft for 586 sqft. It is the only registered sale of the unit.

What is the rent for unit A304?

AED 50,000 a year on the contract signed on 27 June 2025. The previous contract, from June 2025, was AED 50,000; the unit has been rented since September 2017.

How big is unit A304?

586 sqft (54.4 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2019.

What is unit A304 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 A304, Golf Promenade 5A

Starts from the last sale price (AED 577K, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 577,000
Deposit, UAE resident (20%)
AED 115,400
Deposit, non-resident (40%)
AED 230,800
Monthly over 25 years at 3.7%
AED 2,361

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