Studio · 486 sqftGolf Promenade 5A, Damac Hills · 8th floor · completed 2019

A803, Golf Promenade 5A

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

Unit A803 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 541K11 January 2023
Current rentAED 53K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A803, Golf Promenade 5A

What is A803 worth today?

Last sold for AED 540,960 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Oct 2026RentedRenewal
AED 53,000/yr12 months · AED 109 per sqft
7 Oct 2025RentedNew contract
AED 53,000/yr12 months · AED 109 per sqft
11 Jan 2023Sold by developerReady
AED 540,960AED 1,113 per sqft
15 Dec 2020RentedRenewal
AED 32,000/yr13 months · AED 66 per sqft
15 Nov 2019RentedNew contract
AED 36,500/yr13 months · AED 75 per sqft
15 Jun 2018RentedNew contract
AED 54,500/yr13 months · AED 112 per sqft
15 May 2017RentedNew contract
AED 54,500/yr12 months · AED 112 per sqft
15 Mar 2017RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
8th of 9
Parking
G-35
Developer
DAMAC
Completed
2019
Service charge
AED 7,300 /yr
Last sold
AED 541K · January 2023

About A803, Golf Promenade 5A

A803 is a studio of 486 sqft on the 8th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 11 January 2023 for AED 540,960, or AED 1,113 per sqft, in line with the AED 1,081 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 7 October 2026, is AED 53,000 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 7,300 a year.

Sales and rents for A803 over time

Sales
Unit A803, each saleTypical studio in Golf Promenade 5A
550K575K2022202320242025Typical sale price by year: 2022 AED 547,000; 2023 AED 586,050; 2024 AED 550,000Sold by developer, January 2023: AED 540,960 (AED 1,113 per sqft)

A803 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A803, each contractTypical studio in Golf Promenade 5A
40K2017202020232026Typical rent by year: 2017 AED 53,000; 2018 AED 47,500; 2019 AED 41,000; 2020 AED 35,000; 2021 AED 33,000; 2023 AED 42,500; 2024 AED 45,000; 2025 AED 47,000; 2026 AED 48,000New contract, March 2017: AED 48,000 a yearNew contract, May 2017: AED 54,500 a yearNew contract, June 2018: AED 54,500 a yearNew contract, November 2019: AED 36,500 a yearRenewal, December 2020: AED 32,000 a yearNew contract, October 2025: AED 53,000 a yearRenewal, October 2026: AED 53,000 a year

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 A803 sits

All 21 studios →

A803 last sold in January 2023 at AED 1,113 per sqft, in line with what studios in Golf Promenade 5A were fetching at the time (AED 1,081). A803's AED 53,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Apr 2025560,000
20 Mar 2025615,000
26 Aug 2024280,279
29 Mar 2024560,000
0 studio 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 8th floor

All 81 units in Golf Promenade 5A
Value
A8012-bedAED 2.3M · Jul 2025
A8023-bedAED 2.41M · Nov 2022
A8042-bedAED 1.43M · Jan 2023
A8051-bedAED 1.1M · Mar 2026
A8061-bedAED 854K · Dec 2022
A8071-bedAED 810K · Jan 2023
A8081-bedAED 1M · Apr 2024
1–7 of 9

A803, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 11 January 2023 for AED 540,960, or AED 1,113 per sqft.
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 32,000 in 2020 and recovered to AED 53,000 by October 2026.
  • At AED 53,000 a year the gross yield on the 2023 price is 9.8%, before a service charge of about AED 7,300 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 7 October 2026.

Questions about A803, Golf Promenade 5A

What did unit A803 last sell for?

AED 540,960 on 11 January 2023, sold by the developer: AED 1,113 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit A803?

AED 53,000 a year on the contract renewed on 7 October 2026. The previous contract, from October 2025, was AED 53,000; the unit has been rented since March 2017.

How big is unit A803?

486 sqft (45.2 sqm): a studio on the 8th floor of a 9-storey tower completed in 2019.

What is unit A803 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling A803? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A803, Golf Promenade 5A

Starts from the last sale price (AED 541K, 11 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,960
Deposit, UAE resident (20%)
AED 108,192
Deposit, non-resident (40%)
AED 216,384
Monthly over 25 years at 3.7%
AED 2,213

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