G+P 03, Golf Promenade 5A
Sold prices and rental history: sold twice, last in July 2023, 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 G+P 03, Golf Promenade 5A
What is G+P 03 worth today?
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Source: Dubai Land Department. Updated 15 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,855 sqft
- Floor
- Ground of 9
- Parking
- LP1-25, LP1-36
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 27,800 /yr
- Last sold
- AED 2.35M · July 2023
- Building
- Golf Promenade 5A
About G+P 03, Golf Promenade 5A
G+P 03 is a two-bedroom apartment of 1,855 sqft on the ground floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 20 July 2023 for AED 2,350,000, or AED 1,266 per sqft, 27% above the AED 996 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 August 2023, is AED 136,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 27,800 a year.
Sales and rents for G+P 03 over time
G+P 03 has sold twice; the dashed line is the two-bed median of each year in the building.
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 G+P 03 sits
All 11 2-beds →G+P 03 last sold in July 2023 at AED 1,266 per sqft, 27% above what two-beds in Golf Promenade 5A were fetching at the time (AED 996). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20269 January 2026 | 1,689 sqft | 2,650,000 | 1,568 | ||
| 7 Jul 20257 July 2025 | 1,730 sqft | 2,300,000 | 1,329 | ||
| 14 Dec 202314 December 2023 | 1,542 sqft | 1,750,000 | 1,135 | ||
| 28 Nov 202328 November 2023 | 1,730 sqft | 1,777,000 | 1,026 |
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 ground floor
All 81 units in Golf Promenade 5AG+P 03, Golf Promenade 5A in numbers
- Sold twice: first on 19 January 2022 for AED 1,743,090, last on 20 July 2023 for AED 2,350,000 (AED 1,266 per sqft).
- Rented since August 2017 on 5 Ejari contracts. The rent fell from AED 139,500 to AED 105,000 in 2020 and recovered to AED 136,000 by August 2023.
- At AED 136,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 27,800 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 15 August 2023.
Questions about G+P 03, Golf Promenade 5A
What did unit G+P 03 last sell for?
AED 2,350,000 on 20 July 2023: AED 1,266 per sqft for 1,855 sqft. The unit has 2 registered sales; the first was AED 1,743,090 in January 2022.
What is the rent for unit G+P 03?
AED 136,000 a year on the contract signed on 15 August 2023. The previous contract, from August 2022, was AED 128,000; the unit has been rented since August 2017.
How big is unit G+P 03?
1,855 sqft (172.3 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2019.
What is unit G+P 03 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 G+P 03, Golf Promenade 5A
Starts from the last sale price (AED 2.35M, 20 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →