2-bed · 1,542 sqftGolf Promenade 5A, Damac Hills · 7th floor · completed 2019

A704, Golf Promenade 5A

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

Unit A704 · DLD and Ejari recordsUpdated 2 September 2025
Last soldAED 1.75M14 December 2023
Current rentAED 135K /yr2 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A704, Golf Promenade 5A

What is A704 worth today?

Last sold for AED 1,750,000 in 2023

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2 Sep 2025RentedNew contract
AED 135,000/yr12 months · AED 88 per sqft
29 Aug 2024RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
14 Dec 2023SoldReady
AED 1,750,000AED 1,135 per sqft
15 Dec 2022Sold by developerReady
AED 1,575,000AED 1,021 per sqft
29 Apr 2021RentedNew contract
AED 78,000/yr13 months · AED 51 per sqft
10 Dec 2020RentedNew contract
AED 76,000/yr12 months · AED 49 per sqft
20 Sep 2019RentedNew contract
AED 84,750/yr13 months · AED 55 per sqft
1 Aug 2018RentedNew contract
AED 98,440/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 2 September 2025.

Key facts

Type
2-bed apartment
Size
1,542 sqft
Floor
7th of 9
Parking
G-28
Developer
DAMAC
Completed
2019
Service charge
AED 23,100 /yr
Last sold
AED 1.75M · December 2023

About A704, Golf Promenade 5A

A704 is a two-bedroom apartment of 1,542 sqft on the 7th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 14 December 2023 for AED 1,750,000, or AED 1,135 per sqft, 11% above the AED 1,026 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 2 September 2025, is AED 135,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 23,100 a year.

Sales and rents for A704 over time

Sales
Unit A704, each saleTypical two-bed in Golf Promenade 5A
1.6M1.7M202220232024Typical sale price by year: 2022 AED 1,743,090; 2023 AED 1,763,500Sold by developer, December 2022: AED 1,575,000 (AED 1,021 per sqft)Sold, December 2023: AED 1,750,000 (AED 1,135 per sqft)

A704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A704, each contractTypical two-bed in Golf Promenade 5A
100K150K2017202020232026Typical rent by year: 2017 AED 117,000; 2018 AED 114,000; 2019 AED 95,500; 2020 AED 89,500; 2021 AED 86,547; 2022 AED 86,855; 2024 AED 155,000; 2025 AED 167,000New contract, July 2017: AED 110,000 a yearNew contract, August 2018: AED 98,440 a yearNew contract, September 2019: AED 84,750 a yearNew contract, December 2020: AED 76,000 a yearNew contract, April 2021: AED 78,000 a yearNew contract, August 2024: AED 130,000 a yearNew contract, September 2025: AED 135,000 a year

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 A704 sits

All 11 2-beds →

A704 last sold in December 2023 at AED 1,135 per sqft, 11% above what two-beds in Golf Promenade 5A were fetching at the time (AED 1,026). 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 salesUnit no.Price (AED)Summary
9 Jan 20262,650,000
7 Jul 20252,300,000
28 Nov 20231,777,000
29 Aug 20232,250,000
1 2-bed sale 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 7th floor

All 81 units in Golf Promenade 5A
Value
A7012-bedAED 1.79M · Dec 2022
A7023-bedAED 2.11M · Nov 2022
A703StudioAED 547K · Dec 2022
A7051-bedAED 894K · Dec 2022
A7061-bedAED 895K · Dec 2022
A7071-bedAED 809K · Nov 2022
A7081-bedAED 1.08M · Jul 2023
1–7 of 9

A704, Golf Promenade 5A in numbers

  • Sold twice: first on 15 December 2022 for AED 1,575,000, last on 14 December 2023 for AED 1,750,000 (AED 1,135 per sqft).
  • Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 76,000 in 2020 and recovered to AED 135,000 by September 2025.
  • At AED 135,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 23,100 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 2 September 2025.

Questions about A704, Golf Promenade 5A

What did unit A704 last sell for?

AED 1,750,000 on 14 December 2023: AED 1,135 per sqft for 1,542 sqft. The unit has 2 registered sales; the first was AED 1,575,000 in December 2022.

What is the rent for unit A704?

AED 135,000 a year on the contract signed on 2 September 2025. The previous contract, from August 2024, was AED 130,000; the unit has been rented since July 2017.

How big is unit A704?

1,542 sqft (143.3 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2019.

What is unit A704 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 A704, Golf Promenade 5A

Starts from the last sale price (AED 1.75M, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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