Studio · 521 sqftGolf Promenade 5A, Damac Hills · 4th floor · completed 2019

A406, 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 A406 · DLD and Ejari recordsUpdated 26 September 2025
Last soldAED 585K29 December 2022
Current rentAED 60K /yr26 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A406, Golf Promenade 5A

What is A406 worth today?

Last sold for AED 585,000 in 2022

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26 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 115 per sqft
25 Sep 2024RentedRenewal
AED 42,000/yr12 months · AED 81 per sqft
25 Sep 2023RentedNew contract
AED 42,000/yr12 months · AED 81 per sqft
7 May 2023RentedNew contract
AED 42,000/yr12 months · AED 81 per sqft
29 Dec 2022Sold by developerReady
AED 585,000AED 1,123 per sqft
26 Dec 2019RentedNew contract
AED 37,500/yr13 months · AED 72 per sqft
14 Nov 2017RentedNew contract
AED 54,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 26 September 2025.

Key facts

Type
Studio apartment
Size
521 sqft
Floor
4th of 9
Parking
B-15
Developer
DAMAC
Completed
2019
Service charge
AED 7,800 /yr
Last sold
AED 585K · December 2022

About A406, Golf Promenade 5A

A406 is a studio of 521 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 29 December 2022 for AED 585,000, or AED 1,123 per sqft, 4% above the AED 1,075 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 26 September 2025, is AED 60,000 a year: a gross yield of 10.3% on the 2022 price, before the service charge of about AED 7,800 a year.

Sales and rents for A406 over time

Sales
Unit A406, 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 585,000 (AED 1,123 per sqft)

A406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A406, 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, November 2017: AED 54,000 a yearNew contract, December 2019: AED 37,500 a yearNew contract, May 2023: AED 42,000 a yearNew contract, September 2023: AED 42,000 a yearRenewal, September 2024: AED 42,000 a yearNew contract, September 2025: AED 60,000 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 A406 sits

All 21 studios →

A406 last sold in December 2022 at AED 1,123 per sqft, 4% above what studios in Golf Promenade 5A were fetching at the time (AED 1,075). A406's AED 60,000 is in the upper 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
A405StudioAED 583K · May 2023
A4071-bedAED 864K · Apr 2023
A4081-bedAED 872K · Feb 2023
1–7 of 12

A406, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 29 December 2022 for AED 585,000, or AED 1,123 per sqft.
  • Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 54,000 to AED 37,500 in 2019 and recovered to AED 60,000 by September 2025.
  • At AED 60,000 a year the gross yield on the 2022 price is 10.3%, before a service charge of about AED 7,800 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 26 September 2025.

Questions about A406, Golf Promenade 5A

What did unit A406 last sell for?

AED 585,000 on 29 December 2022, sold by the developer: AED 1,123 per sqft for 521 sqft. It is the only registered sale of the unit.

What is the rent for unit A406?

AED 60,000 a year on the contract signed on 26 September 2025. The previous contract, from September 2024, was AED 42,000; the unit has been rented since November 2017.

How big is unit A406?

521 sqft (48.4 sqm): a studio on the 4th floor of a 9-storey tower completed in 2019.

What is unit A406 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 A406, Golf Promenade 5A

Starts from the last sale price (AED 585K, 29 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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