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1-bed · 864 sqftGolf Promenade 5A, Damac Hills · 6th floor · completed 2019

A612, Golf Promenade 5A

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A612 · DLD and Ejari recordsUpdated 14 November 2022
Last soldAED 864K14 November 2022
Current rentAED 57K /yr28 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A612, Golf Promenade 5A

What is A612 worth today?

Last sold for AED 864,360 in 2022

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14 Nov 2022Sold by developerReady
AED 864,360AED 1,000 per sqft
28 Feb 2020RentedRenewal
AED 57,000/yr12 months · AED 66 per sqft
28 Feb 2019RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
28 Sep 2018RentedNew contract
AED 67,000/yr12 months · AED 78 per sqft
28 Aug 2017RentedNew contract
AED 74,000/yr12 months · AED 86 per sqft
5 Apr 2017RentedNew contract
AED 76,500/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 14 November 2022.

Key facts

Type
1-bed apartment
Size
864 sqft
Floor
6th of 9
Parking
G-21
Developer
DAMAC
Completed
2019
Service charge
AED 13,000 /yr
Last sold
AED 864K · November 2022
Building
Golf Promenade 5A

About A612, Golf Promenade 5A

A612 is a one-bedroom apartment of 864 sqft on the 6th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 14 November 2022 for AED 864,360, or AED 1,000 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 28 February 2020, is AED 57,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 13,000 a year.

Sales and rents for A612 over time

Sales
Unit A612, each saleTypical one-bed in Golf Promenade 5A
900K2022202320242025Typical sale price by year: 2022 AED 876,500; 2023 AED 872,200; 2024 AED 975,000Sold by developer, November 2022: AED 864,360 (AED 1,000 per sqft)

A612 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A612, 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 74,000 a yearNew contract, September 2018: AED 67,000 a yearNew contract, February 2019: AED 60,000 a yearRenewal, February 2020: AED 57,000 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 A612 sits

All 40 1-beds →

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. A612's AED 57,000 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 6th floor

All 81 units in Golf Promenade 5A
Value
A6012-bedAED 1.64M · Dec 2022
A6023-bedAED 1.69M · Dec 2022
A6031-bedAED 882K · Dec 2022
A604StudioAED 511K · May 2023
A605StudioAED 565K · Mar 2023
A606StudioAED 589K · Aug 2023
A6071-bedAED 913K · Feb 2023
1–7 of 12

A612, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 14 November 2022 for AED 864,360, or AED 1,000 per sqft.
  • Rented since April 2017 on 5 Ejari contracts, from AED 76,500 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 13,000 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 14 November 2022.

Questions about A612, Golf Promenade 5A

What did unit A612 last sell for?

AED 864,360 on 14 November 2022, sold by the developer: AED 1,000 per sqft for 864 sqft. It is the only registered sale of the unit.

What is the rent for unit A612?

AED 57,000 a year on the contract renewed on 28 February 2020. The previous contract, from February 2019, was AED 60,000; the unit has been rented since April 2017.

How big is unit A612?

864 sqft (80.3 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2019.

What is unit A612 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 A612, Golf Promenade 5A

Starts from the last sale price (AED 864K, 14 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 864,360
Deposit, UAE resident (20%)
AED 172,872
Deposit, non-resident (40%)
AED 345,744
Monthly over 25 years at 3.7%
AED 3,536

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