A709, Golf Promenade 5A
Sold prices and rental history: sold 3 times, last in August 2024, 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 A709, Golf Promenade 5A
What is A709 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 241 sqft
- Floor
- 7th of 9
- Parking
- T5-G-33
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 3,600 /yr
- Last sold
- AED 280K · August 2024
- Building
- Golf Promenade 5A
About A709, Golf Promenade 5A
A709 is a studio of 241 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 26 August 2024 for AED 280,279, or AED 1,163 per sqft, in line with the AED 1,152 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 25 September 2023, is AED 43,000 a year: a gross yield of 15.3% on the 2024 price, before the service charge of about AED 3,600 a year.
Sales and rents for A709 over time
A709 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Golf Promenade 5A, and where A709 sits
All 21 studios →A709 last sold in August 2024 at AED 1,163 per sqft, in line with what studios in Golf Promenade 5A were fetching at the time (AED 1,152). A709's AED 43,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Apr 202517 April 2025 | 482 sqft | 560,000 | 1,162 | ||
| 20 Mar 202520 March 2025 | 481 sqft | 615,000 | 1,277 | ||
| 29 Mar 202429 March 2024 | 482 sqft | 560,000 | 1,162 | ||
| 28 Aug 202328 August 2023 | 522 sqft | 589,000 | 1,127 |
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 | |
| 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 | |
| A710 | 1-bed | 744 sqft | AED 685KAED 684,900 · Nov 2022November 2022 | 75,000 /yr |
A709, Golf Promenade 5A in numbers
- Sold 3 times: first on 12 December 2022 for AED 508,620, last on 26 August 2024 for AED 280,279 (AED 1,163 per sqft).
- Rented since April 2017 on 5 Ejari contracts. The rent fell from AED 49,000 to AED 33,000 in 2019 and recovered to AED 43,000 by September 2023.
- At AED 43,000 a year the gross yield on the 2024 price is 15.3%, before a service charge of about AED 3,600 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 26 August 2024.
Questions about A709, Golf Promenade 5A
What did unit A709 last sell for?
AED 280,279 on 26 August 2024: AED 1,163 per sqft for 241 sqft. The unit has 3 registered sales; the first was AED 508,620 in December 2022.
What is the rent for unit A709?
AED 43,000 a year on the contract signed on 25 September 2023. The previous contract, from October 2019, was AED 33,000; the unit has been rented since April 2017.
How big is unit A709?
241 sqft (22.4 sqm): a studio on the 7th floor of a 9-storey tower completed in 2019.
What is unit A709 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on A709, Golf Promenade 5A
Starts from the last sale price (AED 280K, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 280,279
- Deposit, UAE resident (20%)
- AED 56,056
- Deposit, non-resident (40%)
- AED 112,112
- Monthly over 25 years at 3.7%
- AED 1,147
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →