B404, 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 B404, Golf Promenade 5B
What is B404 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 15 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 489 sqft
- Floor
- 4th of 9
- Parking
- LP1-23
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 7,300 /yr
- Last sold
- AED 564K · January 2023
- Building
- Golf Promenade 5B
About B404, Golf Promenade 5B
B404 is a studio of 489 sqft on the 4th 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 564,000, or AED 1,153 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 7 Ejari contracts. The current contract, renewed on 15 March 2024, is AED 32,520 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 7,300 a year.
Sales and rents for B404 over time
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 B404 sits
All 21 studios →B404 last sold in January 2023 at AED 1,153 per sqft, in line with what studios in Golf Promenade 5B were fetching at the time (AED 1,153).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Mar 202315 March 2023 | 481 sqft | 556,000 | 1,155 | ||
| 24 Jan 202324 January 2023 | 522 sqft | 603,000 | 1,154 | ||
| 24 Jan 202324 January 2023 | 598 sqft | 690,000 | 1,153 | ||
| 24 Jan 202324 January 2023 | 482 sqft | 556,000 | 1,154 |
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 4th floor
All 82 units in Golf Promenade 5B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B401 | 2-bed | 1,438 sqft | AED 1.66MAED 1,656,000 · Jan 2023January 2023 | 90,295 /yr | |
| B402 | 3-bed | 1,722 sqft | AED 1.98MAED 1,983,000 · Jan 2023January 2023 | 99,000 /yr | |
| B403 | 1-bed | 814 sqft | AED 939KAED 939,000 · Jan 2023January 2023 | 59,100 /yr | |
| B405 | Studio | 530 sqft | AED 612KAED 612,000 · Jan 2023January 2023 | 47,000 /yr | |
| B406 | Studio | 521 sqft | AED 601KAED 601,000 · Jan 2023January 2023 | 37,500 /yr | |
| B407 | 1-bed | 850 sqft | AED 980KAED 980,000 · Jan 2023January 2023 | 59,100 /yr | |
| B408 | 1-bed | 832 sqft | AED 959KAED 959,000 · Jan 2023January 2023 | 59,100 /yr | |
| B409 | 1-bed | 804 sqft | AED 926KAED 926,000 · Jan 2023January 2023 | 74,000 /yr | |
| B410 | 1-bed | 904 sqft | AED 1.04MAED 1,042,000 · Jan 2023January 2023 | 80,000 /yr | |
| B411 | Studio | 481 sqft | AED 556KAED 556,000 · Mar 2023March 2023 | 33,000 /yr | |
| B412 | 1-bed | 816 sqft | AED 940KAED 940,000 · Jan 2023January 2023 | 65,000 /yr | |
| B413 | 1-bed | 755 sqft | AED 870KAED 870,000 · Jan 2023January 2023 | 65,000 /yr |
B404, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 19 January 2023 for AED 564,000, or AED 1,153 per sqft.
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 49,500 to AED 25,000 in 2021 and recovered to AED 32,520 by March 2024.
- At AED 32,520 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 7,300 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 15 March 2024.
Questions about B404, Golf Promenade 5B
What did unit B404 last sell for?
AED 564,000 on 19 January 2023, sold by the developer: AED 1,153 per sqft for 489 sqft. It is the only registered sale of the unit.
What is the rent for unit B404?
AED 32,520 a year on the contract renewed on 15 March 2024. The previous contract, from March 2023, was AED 29,563; the unit has been rented since August 2017.
How big is unit B404?
489 sqft (45.4 sqm): a studio on the 4th floor of a 9-storey tower completed in 2019.
What is unit B404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling B404? 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 B404, Golf Promenade 5B
Starts from the last sale price (AED 564K, 19 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 564,000
- Deposit, UAE resident (20%)
- AED 112,800
- Deposit, non-resident (40%)
- AED 225,600
- Monthly over 25 years at 3.7%
- AED 2,307
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →