Home
Dubai prices
About
Blog
3-bed · 2,339 sqftGolf Promenade 5A, Damac Hills · Ground floor · completed 2019

G+P 01, Golf Promenade 5A

Sold prices and rental history: sold once, by the developer in January 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G+P 01 · DLD and Ejari recordsUpdated 31 January 2022
Last soldAED 2.06M31 January 2022
Current rentAED 120K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow G+P 01

Property timeline for G+P 01, Golf Promenade 5A

What is G+P 01 worth today?

Last sold for AED 2,064,000 in 2022

Unlock today's estimate, updated daily, with

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

31 Jan 2022Sold by developerReady
AED 2,064,000AED 882 per sqft
1 Dec 2020RentedNew contract
AED 120,000/yr13 months · AED 51 per sqft
1 Sep 2019RentedRenewal
AED 131,500/yr12 months · AED 56 per sqft
1 Sep 2018RentedNew contract
AED 144,900/yr12 months · AED 62 per sqft
1 Aug 2017RentedNew contract
AED 165,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 31 January 2022.

Key facts

Type
3-bed apartment
Size
2,339 sqft
Floor
Ground of 9
Parking
B-30, B-34
Developer
DAMAC
Completed
2019
Service charge
AED 35,100 /yr
Last sold
AED 2.06M · January 2022
Building
Golf Promenade 5A

About G+P 01, Golf Promenade 5A

G+P 01 is a three-bedroom apartment of 2,339 sqft on the ground floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 31 January 2022 for AED 2,064,000, or AED 882 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 December 2020, is AED 120,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 35,100 a year.

Sales and rents for G+P 01 over time

Sales
Unit G+P 01, each saleTypical three-bed in Golf Promenade 5A
2.2M2022202320242025Typical sale price by year: 2022 AED 2,111,850; 2024 AED 2,330,000Sold by developer, January 2022: AED 2,064,000 (AED 882 per sqft)

G+P 01 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit G+P 01, each contractTypical three-bed in Golf Promenade 5A
100K150K200K2017202020232026Typical rent by year: 2017 AED 147,000; 2018 AED 141,500; 2019 AED 127,025; 2020 AED 110,000; 2021 AED 101,500; 2022 AED 100,000; 2023 AED 190,000; 2025 AED 160,000; 2026 AED 155,000New contract, August 2017: AED 165,000 a yearNew contract, September 2018: AED 144,900 a yearRenewal, September 2019: AED 131,500 a yearNew contract, December 2020: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Golf Promenade 5A, and where G+P 01 sits

All 9 3-beds →

Over the last 12 months three-beds sold for AED 2,200,000 to 3,400,000, around AED 1,236 per sqft, and rent for AED 155,000 to 165,000 a year. G+P 01's AED 120,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Aug 20262,200,000
3 Apr 20263,400,000
15 Sep 20254,100,000
24 Oct 20242,060,000
2 3-bed 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 ground floor

All 81 units in Golf Promenade 5A
Value
G+P 023-bedAED 4.1M · Sep 2025
G+P 032-bedAED 2.35M · Jul 2023
G+P 042-bedAED 2.25M · Aug 2023

G+P 01, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 31 January 2022 for AED 2,064,000, or AED 882 per sqft.
  • Rented since August 2017 on 4 Ejari contracts, from AED 165,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 35,100 a year (AED 15.00 per sqft).
  • Three-beds in Golf Promenade 5A sold for AED 2,200,000–3,400,000 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 31 January 2022.

Questions about G+P 01, Golf Promenade 5A

What did unit G+P 01 last sell for?

AED 2,064,000 on 31 January 2022, sold by the developer: AED 882 per sqft for 2,339 sqft. It is the only registered sale of the unit.

What is the rent for unit G+P 01?

AED 120,000 a year on the contract signed on 1 December 2020. The previous contract, from September 2019, was AED 131,500; the unit has been rented since August 2017.

How big is unit G+P 01?

2,339 sqft (217.3 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2019.

What is unit G+P 01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golf Promenade 5A sold for AED 2,200,000 to 3,400,000 in the last 12 months, around AED 1,236 per sqft.

Selling G+P 01? 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 G+P 01, Golf Promenade 5A

Starts from the last sale price (AED 2.06M, 31 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,064,000
Deposit, UAE resident (20%)
AED 412,800
Deposit, non-resident (40%)
AED 825,600
Monthly over 25 years at 3.7%
AED 8,444

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