A701, Golf Promenade 5A
Sold prices and rental history: sold once, by the developer in December 2022, 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 A701, Golf Promenade 5A
What is A701 worth today?
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Source: Dubai Land Department. Updated 14 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,821 sqft
- Floor
- 7th of 9
- Parking
- UP1-19, UP1-45
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 27,300 /yr
- Last sold
- AED 1.79M · December 2022
- Building
- Golf Promenade 5A
About A701, Golf Promenade 5A
A701 is a two-bedroom apartment of 1,821 sqft on the 7th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 29 December 2022 for AED 1,787,520, or AED 981 per sqft, in line with the AED 981 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 14 August 2025, is AED 167,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 27,300 a year.
Sales and rents for A701 over time
A701 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Golf Promenade 5A, and where A701 sits
All 11 2-beds →A701 last sold in December 2022 at AED 981 per sqft, in line with what two-beds in Golf Promenade 5A were fetching at the time (AED 981). Over the last 12 months two-beds sold for AED 2,650,000, around AED 1,568 per sqft, and rent for AED 126,500 to 126,500 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20269 January 2026 | 1,689 sqft | 2,650,000 | 1,568 | ||
| 7 Jul 20257 July 2025 | 1,730 sqft | 2,300,000 | 1,329 | ||
| 14 Dec 202314 December 2023 | 1,542 sqft | 1,750,000 | 1,135 | ||
| 28 Nov 202328 November 2023 | 1,730 sqft | 1,777,000 | 1,026 |
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 7th floor
All 81 units in Golf Promenade 5A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A702 | 3-bed | 2,413 sqft | AED 2.11MAED 2,111,850 · Nov 2022November 2022 | 105,000 /yr | |
| A703 | Studio | 485 sqft | AED 547KAED 547,000 · Dec 2022December 2022 | 45,000 /yr | |
| A704 | 2-bed | 1,542 sqft | AED 1.75MAED 1,750,000 · Dec 2023December 2023 | 135,000 /yr | |
| A705 | 1-bed | 848 sqft | AED 894KAED 893,760 · Dec 2022December 2022 | 90,000 /yr | |
| A706 | 1-bed | 833 sqft | AED 895KAED 895,000 · Dec 2022December 2022 | 54,000 /yr | |
| A707 | 1-bed | 806 sqft | AED 809KAED 808,500 · Nov 2022November 2022 | 80,000 /yr | |
| A708 | 1-bed | 904 sqft | AED 1.08MAED 1,082,000 · Jul 2023July 2023 | 73,500 /yr | |
| A709 | Studio | 241 sqft | AED 280KAED 280,279 · Aug 2024August 2024 | 43,000 /yr | |
| A710 | 1-bed | 744 sqft | AED 685KAED 684,900 · Nov 2022November 2022 | 75,000 /yr |
A701, Golf Promenade 5A in numbers
- Sold once: by DAMAC on 29 December 2022 for AED 1,787,520, or AED 981 per sqft.
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 96,000 in 2020 and recovered to AED 167,000 by August 2025.
- At AED 167,000 a year the gross yield on the 2022 price is 9.3%, before a service charge of about AED 27,300 a year (AED 15.00 per sqft).
- Two-beds in Golf Promenade 5A sold for AED 2,650,000–2,650,000 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 August 2025.
Questions about A701, Golf Promenade 5A
What did unit A701 last sell for?
AED 1,787,520 on 29 December 2022, sold by the developer: AED 981 per sqft for 1,821 sqft. It is the only registered sale of the unit.
What is the rent for unit A701?
AED 167,000 a year on the contract renewed on 14 August 2025. The previous contract, from August 2025, was AED 167,000; the unit has been rented since August 2017.
How big is unit A701?
1,821 sqft (169.2 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2019.
What is unit A701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Promenade 5A sold for AED 2,650,000 to 2,650,000 in the last 12 months, around AED 1,568 per sqft.
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Mortgage on A701, Golf Promenade 5A
Starts from the last sale price (AED 1.79M, 29 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,787,520
- Deposit, UAE resident (20%)
- AED 357,504
- Deposit, non-resident (40%)
- AED 715,008
- Monthly over 25 years at 3.7%
- AED 7,313
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →