A308, 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 A308, Golf Promenade 5A
What is A308 worth today?
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Source: Dubai Land Department. Updated 20 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 596 sqft
- Floor
- 3rd of 9
- Parking
- B-6
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 8,900 /yr
- Last sold
- AED 634K · May 2023
- Building
- Golf Promenade 5A
About A308, Golf Promenade 5A
A308 is a studio of 596 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 633,650, or AED 1,063 per sqft, in line with the AED 1,075 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 20 January 2026, is AED 47,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 8,900 a year.
Sales and rents for A308 over time
A308 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 A308 sits
All 21 studios →A308 last sold in May 2023 at AED 1,063 per sqft, in line with what studios in Golf Promenade 5A were fetching at the time (AED 1,075). A308's AED 47,000 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 | |
| A306 | Studio | 590 sqft | AED 595KAED 594,700 · May 2023May 2023 | 48,000 /yr | |
| A307 | 1-bed | 880 sqft | AED 960KAED 960,000 · Oct 2024October 2024 | 80,000 /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 |
A308, Golf Promenade 5A in numbers
- Sold once: by DAMAC on 17 May 2023 for AED 633,650, or AED 1,063 per sqft.
- Rented since May 2017 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 40,919 in 2021 and recovered to AED 47,000 by January 2026.
- At AED 47,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 8,900 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 20 January 2026.
Questions about A308, Golf Promenade 5A
What did unit A308 last sell for?
AED 633,650 on 17 May 2023, sold by the developer: AED 1,063 per sqft for 596 sqft. It is the only registered sale of the unit.
What is the rent for unit A308?
AED 47,000 a year on the contract renewed on 20 January 2026. The previous contract, from January 2025, was AED 47,000; the unit has been rented since May 2017.
How big is unit A308?
596 sqft (55.4 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2019.
What is unit A308 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 A308, Golf Promenade 5A
Starts from the last sale price (AED 634K, 17 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 633,650
- Deposit, UAE resident (20%)
- AED 126,730
- Deposit, non-resident (40%)
- AED 253,460
- Monthly over 25 years at 3.7%
- AED 2,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →