B701, Golf Promenade 5B
Sold prices and rental history: sold once, by the developer in February 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 B701, Golf Promenade 5B
What is B701 worth today?
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Source: Dubai Land Department. Updated 5 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,821 sqft
- Floor
- 7th of 9
- Parking
- P2-26
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 27,300 /yr
- Last sold
- AED 2.1M · February 2023
- Building
- Golf Promenade 5B
About B701, Golf Promenade 5B
B701 is a two-bedroom apartment of 1,821 sqft on the 7th floor of Golf Promenade 5B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 1 February 2023 for AED 2,097,000, 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 7 Ejari contracts. The current contract, signed on 5 May 2025, is AED 160,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 27,300 a year.
Sales and rents for B701 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 B701 sits
All 11 2-beds →B701 last sold in February 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 | ||
| 24 Jan 202324 January 2023 | 2,030 sqft | 2,337,000 | 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 7th floor
All 82 units in Golf Promenade 5B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B702 | 3-bed | 2,413 sqft | AED 2.78MAED 2,779,000 · Jan 2023January 2023 | 132,000 /yr | |
| B703 | Studio | 485 sqft | AED 559KAED 559,000 · Jan 2023January 2023 | 45,000 /yr | |
| B704 | 2-bed | 1,542 sqft | AED 1.78MAED 1,775,000 · Jan 2023January 2023 | 120,000 /yr | |
| B705 | 1-bed | 848 sqft | AED 977KAED 977,000 · Feb 2023February 2023 | 75,000 /yr | |
| B706 | 1-bed | 833 sqft | AED 959KAED 959,000 · Jan 2023January 2023 | 65,000 /yr | |
| B707 | 1-bed | 806 sqft | AED 930KAED 930,000 · Jan 2023January 2023 | 56,227 /yr | |
| B708 | 1-bed | 904 sqft | AED 1.04MAED 1,042,000 · Jan 2023January 2023 | 78,000 /yr | |
| B709 | Studio | 482 sqft | AED 556KAED 556,000 · Jan 2023January 2023 | 45,000 /yr | |
| B710 | 1-bed | 744 sqft | AED 857KAED 857,000 · Jan 2023January 2023 | 63,000 /yr |
B701, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 1 February 2023 for AED 2,097,000, or AED 1,151 per sqft.
- Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 95,000 in 2022 and recovered to AED 160,000 by May 2025.
- At AED 160,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 27,300 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 5 May 2025.
Questions about B701, Golf Promenade 5B
What did unit B701 last sell for?
AED 2,097,000 on 1 February 2023, sold by the developer: AED 1,151 per sqft for 1,821 sqft. It is the only registered sale of the unit.
What is the rent for unit B701?
AED 160,000 a year on the contract signed on 5 May 2025. The previous contract, from January 2024, was AED 134,000; the unit has been rented since July 2017.
How big is unit B701?
1,821 sqft (169.2 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2019.
What is unit B701 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 B701, Golf Promenade 5B
Starts from the last sale price (AED 2.1M, 1 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,097,000
- Deposit, UAE resident (20%)
- AED 419,400
- Deposit, non-resident (40%)
- AED 838,800
- Monthly over 25 years at 3.7%
- AED 8,579
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →