
B303, 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 B303, Golf Promenade 5B
What is B303 worth today?
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Source: Dubai Land Department. Updated 5 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,298 sqft
- Floor
- 3rd of 9
- Parking
- LP1-11
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 19,500 /yr
- Last sold
- AED 1.5M · January 2023
- Building
- Golf Promenade 5B
About B303, Golf Promenade 5B
B303 is a one-bedroom apartment of 1,298 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 1,496,000, or AED 1,152 per sqft, in line with the AED 1,152 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 5 December 2024, is AED 80,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 19,500 a year.
Sales and rents for B303 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Golf Promenade 5B, and where B303 sits
All 40 1-beds →B303 last sold in January 2023 at AED 1,152 per sqft, in line with what one-beds in Golf Promenade 5B were fetching at the time (AED 1,152).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Feb 20231 February 2023 | 848 sqft | 977,000 | 1,151 | ||
| 25 Jan 202325 January 2023 | 850 sqft | 980,000 | 1,152 | ||
| 24 Jan 202324 January 2023 | 733 sqft | 845,000 | 1,153 | ||
| 24 Jan 202324 January 2023 | 838 sqft | 966,000 | 1,152 |
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 | |||||
|---|---|---|---|---|---|
| B301 | 2-bed | 2,030 sqft | AED 2.34MAED 2,337,000 · Jan 2023January 2023 | 114,109 /yr | |
| B302 | 3-bed | 3,297 sqft | AED 3.8MAED 3,797,000 · Jan 2023January 2023 | 105,000 /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 |
B303, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 24 January 2023 for AED 1,496,000, or AED 1,152 per sqft.
- Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 81,500 to AED 55,000 in 2021 and recovered to AED 80,000 by December 2024.
- At AED 80,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 19,500 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 5 December 2024.
Questions about B303, Golf Promenade 5B
What did unit B303 last sell for?
AED 1,496,000 on 24 January 2023, sold by the developer: AED 1,152 per sqft for 1,298 sqft. It is the only registered sale of the unit.
What is the rent for unit B303?
AED 80,000 a year on the contract signed on 5 December 2024. The previous contract, from August 2023, was AED 59,275; the unit has been rented since September 2017.
How big is unit B303?
1,298 sqft (120.6 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2019.
What is unit B303 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 B303, Golf Promenade 5B
Starts from the last sale price (AED 1.5M, 24 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,496,000
- Deposit, UAE resident (20%)
- AED 299,200
- Deposit, non-resident (40%)
- AED 598,400
- Monthly over 25 years at 3.7%
- AED 6,121
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →