B411, Golf Promenade 5B
Sold prices and rental history: sold once, by the developer in March 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 B411, Golf Promenade 5B
What is B411 worth today?
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Source: Dubai Land Department. Updated 15 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 481 sqft
- Floor
- 4th of 9
- Parking
- UP1-6
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 7,200 /yr
- Last sold
- AED 556K · March 2023
- Building
- Golf Promenade 5B
About B411, Golf Promenade 5B
B411 is a studio of 481 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 15 March 2023 for AED 556,000, or AED 1,155 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, signed on 1 September 2022, is AED 33,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 7,200 a year.
Sales and rents for B411 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 B411 sits
All 21 studios →B411 last sold in March 2023 at AED 1,155 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 |
|---|---|---|---|---|---|
| 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 | ||
| 24 Jan 202324 January 2023 | 501 sqft | 577,000 | 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 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 | |
| B404 | Studio | 489 sqft | AED 564KAED 564,000 · Jan 2023January 2023 | 32,520 /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 | |
| 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 |
B411, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 15 March 2023 for AED 556,000, or AED 1,155 per sqft.
- Rented since April 2017 on 7 Ejari contracts, from AED 49,000 to AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 7,200 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 15 March 2023.
Questions about B411, Golf Promenade 5B
What did unit B411 last sell for?
AED 556,000 on 15 March 2023, sold by the developer: AED 1,155 per sqft for 481 sqft. It is the only registered sale of the unit.
What is the rent for unit B411?
AED 33,000 a year on the contract signed on 1 September 2022. The previous contract, from September 2021, was AED 30,000; the unit has been rented since April 2017.
How big is unit B411?
481 sqft (44.7 sqm): a studio on the 4th floor of a 9-storey tower completed in 2019.
What is unit B411 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 B411, Golf Promenade 5B
Starts from the last sale price (AED 556K, 15 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 556,000
- Deposit, UAE resident (20%)
- AED 111,200
- Deposit, non-resident (40%)
- AED 222,400
- Monthly over 25 years at 3.7%
- AED 2,275
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →