1-bed · 731 sqftGolf Promenade 5A, Damac Hills · 5th floor · completed 2019

A513, Golf Promenade 5A

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

Unit A513 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 825K5 October 2023
Current rentAED 80K /yr14 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A513, Golf Promenade 5A

What is A513 worth today?

Last sold for AED 825,000 in 2023

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5 Oct 2023SoldReady
AED 825,000AED 1,128 per sqft
14 Jul 2023RentedNew contract
AED 80,000/yr6 months · AED 109 per sqft
15 Dec 2022Sold by developerReady
AED 745,000AED 1,018 per sqft
27 Oct 2019RentedRenewal
AED 61,000/yr12 months · AED 83 per sqft
27 Oct 2018RentedNew contract
AED 65,000/yr12 months · AED 89 per sqft
27 Jul 2017RentedNew contract
AED 73,000/yr12 months · AED 100 per sqft
15 Mar 2017RentedNew contract
AED 78,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
1-bed apartment
Size
731 sqft
Floor
5th of 9
Parking
G-6
Developer
DAMAC
Completed
2019
Service charge
AED 11,000 /yr
Last sold
AED 825K · October 2023

About A513, Golf Promenade 5A

A513 is a one-bedroom apartment of 731 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 5 October 2023 for AED 825,000, or AED 1,128 per sqft, 10% above the AED 1,028 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 14 July 2023, is AED 80,000 a year: a gross yield of 9.7% on the 2023 price, before the service charge of about AED 11,000 a year.

Sales and rents for A513 over time

Sales
Unit A513, each saleTypical one-bed in Golf Promenade 5A
800K1M2022202320242025Typical sale price by year: 2022 AED 876,500; 2023 AED 872,200; 2024 AED 975,000Sold by developer, December 2022: AED 745,000 (AED 1,018 per sqft)Sold, October 2023: AED 825,000 (AED 1,128 per sqft)

A513 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A513, 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, March 2017: AED 78,000 a yearNew contract, July 2017: AED 73,000 a yearNew contract, October 2018: AED 65,000 a yearRenewal, October 2019: AED 61,000 a yearNew contract, July 2023: AED 80,000 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 A513 sits

All 40 1-beds →

A513 last sold in October 2023 at AED 1,128 per sqft, 10% above 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. A513's AED 80,000 is in the upper 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 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

A513, Golf Promenade 5A in numbers

  • Sold twice: first on 15 December 2022 for AED 745,000, last on 5 October 2023 for AED 825,000 (AED 1,128 per sqft).
  • Rented since March 2017 on 5 Ejari contracts. The rent fell from AED 78,000 to AED 61,000 in 2019 and recovered to AED 80,000 by July 2023.
  • At AED 80,000 a year the gross yield on the 2023 price is 9.7%, before a service charge of about AED 11,000 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 5 October 2023.

Questions about A513, Golf Promenade 5A

What did unit A513 last sell for?

AED 825,000 on 5 October 2023: AED 1,128 per sqft for 731 sqft. The unit has 2 registered sales; the first was AED 745,000 in December 2022.

What is the rent for unit A513?

AED 80,000 a year on the contract signed on 14 July 2023. The previous contract, from October 2019, was AED 61,000; the unit has been rented since March 2017.

How big is unit A513?

731 sqft (67.9 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2019.

What is unit A513 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 A513, Golf Promenade 5A

Starts from the last sale price (AED 825K, 5 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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