B301, Golf Promenade 5B
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.
Property timeline for B301, Golf Promenade 5B
What is B301 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,030 sqft
- Floor
- 3rd of 9
- Parking
- UP1-36, UP1-40
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 30,400 /yr
- Last sold
- AED 2.34M · January 2023
- Building
- Golf Promenade 5B
About B301, Golf Promenade 5B
B301 is a two-bedroom apartment of 2,030 sqft on the 3rd floor of Golf Promenade 5B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 24 January 2023 for AED 2,337,000, or AED 1,151 per sqft, in line with the AED 1,151 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 114,109 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 30,400 a year.
Sales and rents for B301 over time
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 5B, and where B301 sits
All 11 2-beds →B301 last sold in January 2023 at AED 1,151 per sqft, in line with what two-beds in Golf Promenade 5B were fetching at the time (AED 1,151).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Feb 20231 February 2023 | 1,619 sqft | 1,865,000 | 1,151 | ||
| 1 Feb 20231 February 2023 | 1,821 sqft | 2,097,000 | 1,151 | ||
| 24 Jan 202324 January 2023 | 1,856 sqft | 2,137,000 | 1,151 | ||
| 24 Jan 202324 January 2023 | 1,852 sqft | 2,133,000 | 1,151 |
Golf Promenade 5B
Building82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- Few contracts
- Typical yield
Other units on the 3rd floor
All 82 units in Golf Promenade 5B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B302 | 3-bed | 3,297 sqft | AED 3.8MAED 3,797,000 · Jan 2023January 2023 | 105,000 /yr | |
| B303 | 1-bed | 1,298 sqft | AED 1.5MAED 1,496,000 · Jan 2023January 2023 | 80,000 /yr | |
| B304 | Studio | 588 sqft | AED 678KAED 678,000 · Jan 2023January 2023 | 36,500 /yr | |
| B305 | Studio | 608 sqft | AED 701KAED 701,000 · Jan 2023January 2023 | 38,000 /yr | |
| B306 | Studio | 593 sqft | AED 685KAED 685,000 · Jan 2023January 2023 | 37,000 /yr | |
| B307 | 1-bed | 882 sqft | AED 1.02MAED 1,016,000 · Jan 2023January 2023 | 59,100 /yr | |
| B308 | Studio | 598 sqft | AED 690KAED 690,000 · Jan 2023January 2023 | 42,000 /yr | |
| B309 | 1-bed | 962 sqft | AED 1.11MAED 1,107,000 · Jan 2023January 2023 | 56,228 /yr | |
| B310 | Studio | 565 sqft | AED 651KAED 651,000 · Jan 2023January 2023 | 35,595 /yr | |
| B311 | 1-bed | 931 sqft | AED 1.07MAED 1,072,000 · Jan 2023January 2023 | 60,900 /yr | |
| B312 | 1-bed | 723 sqft | AED 833KAED 833,000 · Jan 2023January 2023 | 60,000 /yr |
B301, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 24 January 2023 for AED 2,337,000, or AED 1,151 per sqft.
- Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 132,500 to AED 93,000 in 2022 and recovered to AED 114,109 by September 2024.
- At AED 114,109 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 30,400 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 1 September 2024.
Questions about B301, Golf Promenade 5B
What did unit B301 last sell for?
AED 2,337,000 on 24 January 2023, sold by the developer: AED 1,151 per sqft for 2,030 sqft. It is the only registered sale of the unit.
What is the rent for unit B301?
AED 114,109 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 99,225; the unit has been rented since August 2017.
How big is unit B301?
2,030 sqft (188.6 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2019.
What is unit B301 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling B301? 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.
Mortgage on B301, Golf Promenade 5B
Starts from the last sale price (AED 2.34M, 24 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,337,000
- Deposit, UAE resident (20%)
- AED 467,400
- Deposit, non-resident (40%)
- AED 934,800
- Monthly over 25 years at 3.7%
- AED 9,561
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →