1-bed · 816 sqftGolf Promenade 5A, Damac Hills · 4th floor · completed 2019

A412, Golf Promenade 5A

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A412 · DLD and Ejari recordsUpdated 9 August 2023
Last soldAED 830K18 January 2023
Current rentAED 66K /yr9 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A412, Golf Promenade 5A

What is A412 worth today?

Last sold for AED 830,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Aug 2023RentedNew contract
AED 66,000/yr12 months · AED 81 per sqft
15 Apr 2023RentedNew contract
AED 65,000/yr12 months · AED 80 per sqft
18 Jan 2023Sold by developerReady
AED 830,000AED 1,016 per sqft
3 Sep 2021RentedNew contract
AED 50,000/yr13 months · AED 61 per sqft
10 Apr 2020RentedRenewal
AED 58,000/yr12 months · AED 71 per sqft
10 Oct 2019RentedRenewal
AED 65,000/yr6 months · AED 80 per sqft
10 Oct 2018RentedNew contract
AED 65,000/yr12 months · AED 80 per sqft
29 Aug 2017RentedNew contract
AED 73,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 9 August 2023.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
4th of 9
Parking
B-21
Developer
DAMAC
Completed
2019
Service charge
AED 12,200 /yr
Last sold
AED 830K · January 2023

About A412, Golf Promenade 5A

A412 is a one-bedroom apartment of 816 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 18 January 2023 for AED 830,000, or AED 1,016 per sqft, in line with the AED 1,026 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 9 August 2023, is AED 66,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for A412 over time

Sales
Unit A412, each saleTypical one-bed in Golf Promenade 5A
900K1M2022202320242025Typical sale price by year: 2022 AED 876,500; 2023 AED 872,200; 2024 AED 975,000Sold by developer, January 2023: AED 830,000 (AED 1,016 per sqft)

A412 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A412, each contractTypical one-bed in Golf Promenade 5A
60K80K2017202020232026Typical rent by year: 2017 AED 75,000; 2018 AED 67,000; 2019 AED 60,500; 2020 AED 56,941; 2021 AED 51,000; 2022 AED 53,550; 2023 AED 65,000; 2024 AED 67,000; 2025 AED 70,000; 2026 AED 75,000New contract, April 2017: AED 76,500 a yearNew contract, August 2017: AED 73,000 a yearNew contract, October 2018: AED 65,000 a yearRenewal, October 2019: AED 65,000 a yearRenewal, April 2020: AED 58,000 a yearNew contract, September 2021: AED 50,000 a yearNew contract, April 2023: AED 65,000 a yearNew contract, August 2023: AED 66,000 a year

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 A412 sits

All 40 1-beds →

A412 last sold in January 2023 at AED 1,016 per sqft, in line with what one-beds in Golf Promenade 5A were fetching at the time (AED 1,026). 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. A412's AED 66,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 2026950,000
16 Mar 20261,100,000
8 Jul 20251,100,000
6 Feb 20251,000,000
2 1-bed 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
A406StudioAED 585K · Dec 2022
A4071-bedAED 864K · Apr 2023
1–7 of 12

A412, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 18 January 2023 for AED 830,000, or AED 1,016 per sqft.
  • Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 76,500 to AED 50,000 in 2021 and recovered to AED 66,000 by August 2023.
  • At AED 66,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 12,200 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 9 August 2023.

Questions about A412, Golf Promenade 5A

What did unit A412 last sell for?

AED 830,000 on 18 January 2023, sold by the developer: AED 1,016 per sqft for 816 sqft. It is the only registered sale of the unit.

What is the rent for unit A412?

AED 66,000 a year on the contract signed on 9 August 2023. The previous contract, from April 2023, was AED 65,000; the unit has been rented since April 2017.

How big is unit A412?

816 sqft (75.8 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2019.

What is unit A412 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.

Selling A412? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A412, Golf Promenade 5A

Starts from the last sale price (AED 830K, 18 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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