1-bed · 854 sqftGolf Promenade 5A, Damac Hills · 5th floor · completed 2019

A512, Golf Promenade 5A

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A512 · DLD and Ejari recordsUpdated 13 August 2024
Last soldAED 990K13 August 2024
Current rentAED 56K /yr20 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A512, Golf Promenade 5A

What is A512 worth today?

Last sold for AED 990,000 in 2024

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13 Aug 2024SoldReady
AED 990,000AED 1,158 per sqft
1 Nov 2023SoldReady
AED 800,000AED 936 per sqft
18 Nov 2022Sold by developerReady
AED 950,000AED 1,111 per sqft
20 Nov 2021RentedRenewal
AED 55,765/yr10 months · AED 65 per sqft
20 Nov 2019RentedRenewal
AED 61,000/yr12 months · AED 71 per sqft
20 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
30 Aug 2017RentedNew contract
AED 74,000/yr12 months · AED 87 per sqft
6 Apr 2017RentedNew contract
AED 79,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 13 August 2024.

Key facts

Type
1-bed apartment
Size
854 sqft
Floor
5th of 9
Parking
T5-G-4
Developer
DAMAC
Completed
2019
Service charge
AED 12,800 /yr
Last sold
AED 990K · August 2024

About A512, Golf Promenade 5A

A512 is a one-bedroom apartment of 854 sqft on the 5th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 13 August 2024 for AED 990,000, or AED 1,158 per sqft, 6% above the AED 1,091 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 20 November 2021, is AED 55,765 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 12,800 a year.

Sales and rents for A512 over time

Sales
Unit A512, each saleTypical one-bed in Golf Promenade 5A
800K900K1M2022202320242025Typical sale price by year: 2022 AED 876,500; 2023 AED 872,200; 2024 AED 975,000Sold by developer, November 2022: AED 950,000 (AED 1,111 per sqft)Sold, November 2023: AED 800,000 (AED 936 per sqft)Sold, August 2024: AED 990,000 (AED 1,158 per sqft)

A512 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit A512, 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 79,000 a yearNew contract, August 2017: AED 74,000 a yearNew contract, November 2018: AED 65,000 a yearRenewal, November 2019: AED 61,000 a yearRenewal, November 2021: AED 55,765 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 A512 sits

All 40 1-beds →

A512 last sold in August 2024 at AED 1,158 per sqft, 6% above what one-beds in Golf Promenade 5A were fetching at the time (AED 1,091). 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. A512's AED 55,765 is at the bottom 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 5th floor

All 81 units in Golf Promenade 5A
Value
A5012-bedAED 2.65M · Jan 2026
A5023-bedAED 1.69M · Nov 2022
A5031-bedAED 829K · Nov 2022
A504StudioAED 536K · Nov 2022
A505StudioAED 691K · Jul 2023
A506StudioAED 575K · Mar 2023
A5071-bedAED 907K · Dec 2022
1–7 of 12

A512, Golf Promenade 5A in numbers

  • Sold 3 times: first on 18 November 2022 for AED 950,000, last on 13 August 2024 for AED 990,000 (AED 1,158 per sqft).
  • Rented since April 2017 on 5 Ejari contracts, from AED 79,000 to AED 55,765 a year.
  • At AED 55,765 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 12,800 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 13 August 2024.

Questions about A512, Golf Promenade 5A

What did unit A512 last sell for?

AED 990,000 on 13 August 2024: AED 1,158 per sqft for 854 sqft. The unit has 3 registered sales; the first was AED 950,000 in November 2022.

What is the rent for unit A512?

AED 55,765 a year on the contract renewed on 20 November 2021. The previous contract, from November 2019, was AED 61,000; the unit has been rented since April 2017.

How big is unit A512?

854 sqft (79.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2019.

What is unit A512 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 A512, Golf Promenade 5A

Starts from the last sale price (AED 990K, 13 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 990,000
Deposit, UAE resident (20%)
AED 198,000
Deposit, non-resident (40%)
AED 396,000
Monthly over 25 years at 3.7%
AED 4,050

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