Studio · 588 sqftGolf Promenade 5B, Damac Hills · 3rd floor · completed 2019

B304, 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.

Unit B304 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 678K19 January 2023
Current rentAED 37K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B304, Golf Promenade 5B

What is B304 worth today?

Last sold for AED 678,000 in 2023

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15 Mar 2025RentedRenewal
AED 36,500/yr12 months · AED 62 per sqft
15 Mar 2024RentedRenewal
AED 32,520/yr12 months · AED 55 per sqft
15 Mar 2023RentedRenewal
AED 29,563/yr12 months · AED 50 per sqft
19 Jan 2023Sold by developerReady
AED 678,000AED 1,152 per sqft
15 Mar 2022RentedRenewal
AED 26,875/yr12 months · AED 46 per sqft
15 Mar 2021RentedNew contract
AED 25,000/yr12 months · AED 43 per sqft
26 Sep 2020RentedRenewal
AED 42,000/yr12 months · AED 71 per sqft
26 Sep 2019RentedRenewal
AED 42,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
Studio apartment
Size
588 sqft
Floor
3rd of 9
Parking
LP1-12
Developer
DAMAC
Completed
2019
Service charge
AED 8,800 /yr
Last sold
AED 678K · January 2023

About B304, Golf Promenade 5B

B304 is a studio of 588 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 19 January 2023 for AED 678,000, or AED 1,152 per sqft, in line with the AED 1,153 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 36,500 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 8,800 a year.

Sales and rents for B304 over time

Rents
Unit B304, each contractTypical studio in Golf Promenade 5B
40K2017202020232026Typical rent by year: 2017 AED 51,500; 2018 AED 51,500; 2019 AED 43,000; 2020 AED 37,000; 2021 AED 32,000; 2022 AED 33,000; 2023 AED 35,000; 2024 AED 37,500; 2025 AED 37,044New contract, August 2017: AED 49,500 a yearNew contract, September 2018: AED 46,000 a yearRenewal, September 2019: AED 42,000 a yearRenewal, September 2020: AED 42,000 a yearNew contract, March 2021: AED 25,000 a yearRenewal, March 2022: AED 26,875 a yearRenewal, March 2023: AED 29,563 a yearRenewal, March 2024: AED 32,520 a yearRenewal, March 2025: AED 36,500 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 5B, and where B304 sits

All 21 studios →

B304 last sold in January 2023 at AED 1,152 per sqft, in line with what studios in Golf Promenade 5B were fetching at the time (AED 1,153).

Recent studio salesUnit no.Price (AED)Summary
15 Mar 2023556,000
24 Jan 2023603,000
24 Jan 2023690,000
24 Jan 2023556,000
0 studio sales in the last 12 months

Golf Promenade 5B

Building

82 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
Golf Promenade 5B, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 82 units in Golf Promenade 5B
Value
B3012-bedAED 2.34M · Jan 2023
B3023-bedAED 3.8M · Jan 2023
B3031-bedAED 1.5M · Jan 2023
B305StudioAED 701K · Jan 2023
B306StudioAED 685K · Jan 2023
B3071-bedAED 1.02M · Jan 2023
B308StudioAED 690K · Jan 2023
1–7 of 11

B304, Golf Promenade 5B in numbers

  • Sold once: by DAMAC on 19 January 2023 for AED 678,000, or AED 1,152 per sqft.
  • Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 49,500 to AED 25,000 in 2021 and recovered to AED 36,500 by March 2025.
  • At AED 36,500 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 8,800 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 15 March 2025.

Questions about B304, Golf Promenade 5B

What did unit B304 last sell for?

AED 678,000 on 19 January 2023, sold by the developer: AED 1,152 per sqft for 588 sqft. It is the only registered sale of the unit.

What is the rent for unit B304?

AED 36,500 a year on the contract renewed on 15 March 2025. The previous contract, from March 2024, was AED 32,520; the unit has been rented since August 2017.

How big is unit B304?

588 sqft (54.6 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2019.

What is unit B304 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 B304, Golf Promenade 5B

Starts from the last sale price (AED 678K, 19 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 678,000
Deposit, UAE resident (20%)
AED 135,600
Deposit, non-resident (40%)
AED 271,200
Monthly over 25 years at 3.7%
AED 2,774

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