Studio · 489 sqftGolf Promenade 5A, Damac Hills · 4th floor · completed 2019

A404, Golf Promenade 5A

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

Unit A404 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 619K22 November 2022
Current rentAED 41K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A404, Golf Promenade 5A

What is A404 worth today?

Last sold for AED 619,000 in 2022

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1 May 2025RentedRenewal
AED 41,143/yr12 months · AED 84 per sqft
1 May 2025RentedRenewal
AED 41,143/yr12 months · AED 84 per sqft
1 May 2024RentedRenewal
AED 38,000/yr12 months · AED 78 per sqft
1 May 2023RentedNew contract
AED 34,000/yr12 months · AED 70 per sqft
22 Nov 2022Sold by developerReady
AED 619,000AED 1,266 per sqft
26 Nov 2019RentedNew contract
AED 30,462/yr13 months · AED 62 per sqft
10 Jul 2017RentedNew contract
AED 49,500/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
Studio apartment
Size
489 sqft
Floor
4th of 9
Parking
B-13
Developer
DAMAC
Completed
2019
Service charge
AED 7,300 /yr
Last sold
AED 619K · November 2022

About A404, Golf Promenade 5A

A404 is a studio of 489 sqft on the 4th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 22 November 2022 for AED 619,000, or AED 1,266 per sqft, 16% above the AED 1,087 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 41,143 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 7,300 a year.

Sales and rents for A404 over time

Sales
Unit A404, each saleTypical studio in Golf Promenade 5A
550K600K2022202320242025Typical sale price by year: 2022 AED 547,000; 2023 AED 586,050; 2024 AED 550,000Sold by developer, November 2022: AED 619,000 (AED 1,266 per sqft)

A404 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A404, 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, July 2017: AED 49,500 a yearNew contract, November 2019: AED 30,462 a yearNew contract, May 2023: AED 34,000 a yearRenewal, May 2024: AED 38,000 a yearRenewal, May 2025: AED 41,143 a yearRenewal, May 2025: AED 41,143 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 A404 sits

All 21 studios →

A404 last sold in November 2022 at AED 1,266 per sqft, 16% above what studios in Golf Promenade 5A were fetching at the time (AED 1,087). A404's AED 41,143 is at the bottom 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 4th floor

All 81 units in Golf Promenade 5A
Value
A4012-bedAED 1.46M · Nov 2022
A4023-bedAED 2.2M · Aug 2026
A4031-bedAED 871K · Nov 2022
A405StudioAED 583K · May 2023
A406StudioAED 585K · Dec 2022
A4071-bedAED 864K · Apr 2023
A4081-bedAED 872K · Feb 2023
1–7 of 12

A404, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 22 November 2022 for AED 619,000, or AED 1,266 per sqft.
  • Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 49,500 to AED 30,462 in 2019 and recovered to AED 41,143 by May 2025.
  • At AED 41,143 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 7,300 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 1 May 2025.

Questions about A404, Golf Promenade 5A

What did unit A404 last sell for?

AED 619,000 on 22 November 2022, sold by the developer: AED 1,266 per sqft for 489 sqft. It is the only registered sale of the unit.

What is the rent for unit A404?

AED 41,143 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 41,143; the unit has been rented since July 2017.

How big is unit A404?

489 sqft (45.4 sqm): a studio on the 4th floor of a 9-storey tower completed in 2019.

What is unit A404 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 A404, Golf Promenade 5A

Starts from the last sale price (AED 619K, 22 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 619,000
Deposit, UAE resident (20%)
AED 123,800
Deposit, non-resident (40%)
AED 247,600
Monthly over 25 years at 3.7%
AED 2,533

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