Studio · 530 sqftGolf Promenade 5A, Damac Hills · 4th floor · completed 2019

A405, 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.

Unit A405 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 583K1 May 2023
Current rentAED 46K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A405, Golf Promenade 5A

What is A405 worth today?

Last sold for AED 583,100 in 2023

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10 Sep 2026RentedNew contract
AED 46,000/yr12 months · AED 87 per sqft
1 Aug 2025RentedRenewal
AED 46,000/yr12 months · AED 87 per sqft
1 Aug 2024RentedNew contract
AED 46,000/yr12 months · AED 87 per sqft
15 Jul 2023RentedNew contract
AED 40,000/yr12 months · AED 76 per sqft
1 May 2023Sold by developerReady
AED 583,100AED 1,099 per sqft
20 Jul 2021RentedRenewal
AED 37,050/yr12 months · AED 70 per sqft
20 Jul 2020RentedRenewal
AED 40,000/yr12 months · AED 75 per sqft
20 Jul 2019RentedNew contract
AED 42,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
Studio apartment
Size
530 sqft
Floor
4th of 9
Parking
B-14
Developer
DAMAC
Completed
2019
Service charge
AED 8,000 /yr
Last sold
AED 583K · May 2023

About A405, Golf Promenade 5A

A405 is a studio of 530 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 1 May 2023 for AED 583,100, or AED 1,099 per sqft, in line with the AED 1,093 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 10 September 2026, is AED 46,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 8,000 a year.

Sales and rents for A405 over time

Sales
Unit A405, 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, May 2023: AED 583,100 (AED 1,099 per sqft)

A405 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A405, each contractTypical studio in Golf Promenade 5A
40K60K2017202020232026Typical 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, April 2017: AED 53,000 a yearNew contract, May 2017: AED 58,500 a yearNew contract, June 2018: AED 54,000 a yearNew contract, July 2019: AED 42,000 a yearRenewal, July 2020: AED 40,000 a yearRenewal, July 2021: AED 37,050 a yearNew contract, July 2023: AED 40,000 a yearNew contract, August 2024: AED 46,000 a yearRenewal, August 2025: AED 46,000 a yearNew contract, September 2026: AED 46,000 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 A405 sits

All 21 studios →

A405 last sold in May 2023 at AED 1,099 per sqft, in line with what studios in Golf Promenade 5A were fetching at the time (AED 1,093). A405's AED 46,000 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 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
A404StudioAED 619K · Nov 2022
A406StudioAED 585K · Dec 2022
A4071-bedAED 864K · Apr 2023
A4081-bedAED 872K · Feb 2023
1–7 of 12

A405, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 1 May 2023 for AED 583,100, or AED 1,099 per sqft.
  • Rented since April 2017 on 10 Ejari contracts. The rent fell from AED 53,000 to AED 37,050 in 2021 and recovered to AED 46,000 by September 2026.
  • At AED 46,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 8,000 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 10 September 2026.

Questions about A405, Golf Promenade 5A

What did unit A405 last sell for?

AED 583,100 on 1 May 2023, sold by the developer: AED 1,099 per sqft for 530 sqft. It is the only registered sale of the unit.

What is the rent for unit A405?

AED 46,000 a year on the contract signed on 10 September 2026. The previous contract, from August 2025, was AED 46,000; the unit has been rented since April 2017.

How big is unit A405?

530 sqft (49.2 sqm): a studio on the 4th floor of a 9-storey tower completed in 2019.

What is unit A405 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 A405, Golf Promenade 5A

Starts from the last sale price (AED 583K, 1 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 583,100
Deposit, UAE resident (20%)
AED 116,620
Deposit, non-resident (40%)
AED 233,240
Monthly over 25 years at 3.7%
AED 2,386

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