A706, 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 A706, Golf Promenade 5A
What is A706 worth today?
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Source: Dubai Land Department. Updated 26 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 833 sqft
- Floor
- 7th of 9
- Parking
- G-30
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 12,500 /yr
- Last sold
- AED 895K · December 2022
- Building
- Golf Promenade 5A
About A706, Golf Promenade 5A
A706 is a one-bedroom apartment of 833 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 26 December 2022 for AED 895,000, or AED 1,074 per sqft, in line with the AED 1,043 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 16 August 2021, is AED 54,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for A706 over time
A706 has sold once; the dashed line is the one-bed median of each year in the building.
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 A706 sits
All 40 1-beds →A706 last sold in December 2022 at AED 1,074 per sqft, in line with what one-beds in Golf Promenade 5A were fetching at the time (AED 1,043). 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. A706's AED 54,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 755 sqft | 950,000 | 1,258 | ||
| 16 Mar 202616 March 2026 | 849 sqft | 1,100,000 | 1,296 | ||
| 8 Jul 20258 July 2025 | 731 sqft | 1,100,000 | 1,504 | ||
| 6 Feb 20256 February 2025 | 804 sqft | 1,000,000 | 1,243 |
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 | |||||
|---|---|---|---|---|---|
| A701 | 2-bed | 1,821 sqft | AED 1.79MAED 1,787,520 · Dec 2022December 2022 | 167,000 /yr | |
| 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 | |
| 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 |
A706, Golf Promenade 5A in numbers
- Sold once: by DAMAC on 26 December 2022 for AED 895,000, or AED 1,074 per sqft.
- Rented since July 2017 on 5 Ejari contracts, from AED 72,000 to AED 54,000 a year.
- At AED 54,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 12,500 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 26 December 2022.
Questions about A706, Golf Promenade 5A
What did unit A706 last sell for?
AED 895,000 on 26 December 2022, sold by the developer: AED 1,074 per sqft for 833 sqft. It is the only registered sale of the unit.
What is the rent for unit A706?
AED 54,000 a year on the contract renewed on 16 August 2021. The previous contract, from August 2020, was AED 55,000; the unit has been rented since July 2017.
How big is unit A706?
833 sqft (77.4 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2019.
What is unit A706 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 A706, Golf Promenade 5A
Starts from the last sale price (AED 895K, 26 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 895,000
- Deposit, UAE resident (20%)
- AED 179,000
- Deposit, non-resident (40%)
- AED 358,000
- Monthly over 25 years at 3.7%
- AED 3,662
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →