A306, Golf Promenade 5A
Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A306, Golf Promenade 5A
What is A306 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 590 sqft
- Floor
- 3rd of 9
- Parking
- B-4
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 8,800 /yr
- Last sold
- AED 595K · May 2023
- Building
- Golf Promenade 5A
About A306, Golf Promenade 5A
A306 is a studio of 590 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 17 May 2023 for AED 594,700, or AED 1,008 per sqft, 6% 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 1 May 2026, is AED 48,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 8,800 a year.
Sales and rents for A306 over time
A306 has sold once; the dashed line is the studio median of each year in the building.
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 A306 sits
All 21 studios →A306 last sold in May 2023 at AED 1,008 per sqft, 6% below what studios in Golf Promenade 5A were fetching at the time (AED 1,075). A306's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Apr 202517 April 2025 | 482 sqft | 560,000 | 1,162 | ||
| 20 Mar 202520 March 2025 | 481 sqft | 615,000 | 1,277 | ||
| 26 Aug 202426 August 2024 | 241 sqft | 280,279 | 1,163 | ||
| 29 Mar 202429 March 2024 | 482 sqft | 560,000 | 1,162 |
Golf Promenade 5A
Building81 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%
Other units on the 3rd floor
All 81 units in Golf Promenade 5A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A301 | 2-bed | 2,037 sqft | AED 1.75MAED 1,754,880 · Nov 2022November 2022 | 96,000 /yr | |
| A302 | 3-bed | 3,293 sqft | AED 2.95MAED 2,950,000 · Feb 2024February 2024 | 110,000 /yr | |
| A303 | 1-bed | 1,293 sqft | AED 1.14MAED 1,138,760 · Feb 2023February 2023 | 75,000 /yr | |
| A304 | Studio | 586 sqft | AED 577KAED 577,000 · Dec 2022December 2022 | 50,000 /yr | |
| A305 | Studio | 606 sqft | AED 627KAED 627,200 · Jan 2023January 2023 | 56,700 /yr | |
| A307 | 1-bed | 880 sqft | AED 960KAED 960,000 · Oct 2024October 2024 | 80,000 /yr | |
| A308 | Studio | 596 sqft | AED 634KAED 633,650 · May 2023May 2023 | 47,000 /yr | |
| A309 | 1-bed | 964 sqft | AED 978KAED 978,000 · Dec 2022December 2022 | 60,000 /yr | |
| A310 | Studio | 567 sqft | AED 577KAED 577,000 · Dec 2022December 2022 | 45,000 /yr | |
| A311 | 1-bed | 937 sqft | AED 913KAED 913,000 · Jan 2023January 2023 | 69,108 /yr | |
| A312 | 1-bed | 725 sqft | AED 720KAED 720,300 · Jan 2023January 2023 | 73,000 /yr |
A306, Golf Promenade 5A in numbers
- Sold once: by DAMAC on 17 May 2023 for AED 594,700, or AED 1,008 per sqft.
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 54,000 to AED 33,000 in 2021 and recovered to AED 48,000 by May 2026.
- At AED 48,000 a year the gross yield on the 2023 price is 8.1%, before a service charge of about AED 8,800 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 1 May 2026.
Questions about A306, Golf Promenade 5A
What did unit A306 last sell for?
AED 594,700 on 17 May 2023, sold by the developer: AED 1,008 per sqft for 590 sqft. It is the only registered sale of the unit.
What is the rent for unit A306?
AED 48,000 a year on the contract signed on 1 May 2026. The previous contract, from January 2025, was AED 45,000; the unit has been rented since August 2017.
How big is unit A306?
590 sqft (54.8 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2019.
What is unit A306 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 A306, Golf Promenade 5A
Starts from the last sale price (AED 595K, 17 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 594,700
- Deposit, UAE resident (20%)
- AED 118,940
- Deposit, non-resident (40%)
- AED 237,880
- Monthly over 25 years at 3.7%
- AED 2,433
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →