A408, Golf Promenade 5A
Sold prices and rental history: sold once, by the developer in February 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 A408, Golf Promenade 5A
What is A408 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 4th of 9
- Parking
- B-17
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 12,500 /yr
- Last sold
- AED 872K · February 2023
- Building
- Golf Promenade 5A
About A408, Golf Promenade 5A
A408 is a one-bedroom apartment of 832 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 8 February 2023 for AED 872,200, or AED 1,047 per sqft, in line with the AED 1,028 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 80,000 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 12,500 a year.
Sales and rents for A408 over time
A408 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Golf Promenade 5A, and where A408 sits
All 40 1-beds →A408 last sold in February 2023 at AED 1,047 per sqft, in line with what one-beds in Golf Promenade 5A were fetching at the time (AED 1,028). Over the last 12 months one-beds sold for AED 950,000 to 1,100,000, around AED 1,277 per sqft, and rent for AED 65,000 to 90,000 a year. A408's AED 80,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 755 sqft | 950,000 | 1,258 | ||
| 16 Mar 202616 March 2026 | 849 sqft | 1,100,000 | 1,296 | ||
| 8 Jul 20258 July 2025 | 731 sqft | 1,100,000 | 1,504 | ||
| 6 Feb 20256 February 2025 | 804 sqft | 1,000,000 | 1,243 |
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 4th floor
All 81 units in Golf Promenade 5A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A401 | 2-bed | 1,438 sqft | AED 1.46MAED 1,460,000 · Nov 2022November 2022 | 90,000 /yr | |
| A402 | 3-bed | 1,722 sqft | AED 2.2MAED 2,200,000 · Aug 2026August 2026 | 155,000 /yr | |
| A403 | 1-bed | 814 sqft | AED 871KAED 871,000 · Nov 2022November 2022 | 70,000 /yr | |
| A404 | Studio | 489 sqft | AED 619KAED 619,000 · Nov 2022November 2022 | 41,143 /yr | |
| A405 | Studio | 530 sqft | AED 583KAED 583,100 · May 2023May 2023 | 46,000 /yr | |
| A406 | Studio | 521 sqft | AED 585KAED 585,000 · Dec 2022December 2022 | 60,000 /yr | |
| A407 | 1-bed | 850 sqft | AED 864KAED 863,550 · Apr 2023April 2023 | 68,250 /yr | |
| A409 | 1-bed | 804 sqft | AED 816KAED 816,000 · Jan 2023January 2023 | 65,000 /yr | |
| A410 | 1-bed | 904 sqft | AED 919KAED 919,000 · Jan 2023January 2023 | 78,000 /yr | |
| A411 | Studio | 481 sqft | AED 615KAED 615,000 · Mar 2025March 2025 | 38,000 /yr | |
| A412 | 1-bed | 816 sqft | AED 830KAED 830,000 · Jan 2023January 2023 | 66,000 /yr | |
| A413 | 1-bed | 755 sqft | AED 950KAED 950,000 · Sep 2026September 2026 | 70,000 /yr |
A408, Golf Promenade 5A in numbers
- Sold once: by DAMAC on 8 February 2023 for AED 872,200, or AED 1,047 per sqft.
- Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 72,500 to AED 51,000 in 2021 and recovered to AED 80,000 by December 2024.
- At AED 80,000 a year the gross yield on the 2023 price is 9.2%, before a service charge of about AED 12,500 a year (AED 15.00 per sqft).
- One-beds in Golf Promenade 5A sold for AED 950,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,277 per sqft.
Source: Dubai Land Department. Updated 1 December 2024.
Questions about A408, Golf Promenade 5A
What did unit A408 last sell for?
AED 872,200 on 8 February 2023, sold by the developer: AED 1,047 per sqft for 832 sqft. It is the only registered sale of the unit.
What is the rent for unit A408?
AED 80,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 75,000; the unit has been rented since September 2017.
How big is unit A408?
832 sqft (77.3 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2019.
What is unit A408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Promenade 5A sold for AED 950,000 to 1,100,000 in the last 12 months, around AED 1,277 per sqft.
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Mortgage on A408, Golf Promenade 5A
Starts from the last sale price (AED 872K, 8 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 872,200
- Deposit, UAE resident (20%)
- AED 174,440
- Deposit, non-resident (40%)
- AED 348,880
- Monthly over 25 years at 3.7%
- AED 3,568
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →