B702, 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 B702, Golf Promenade 5B
What is B702 worth today?
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Source: Dubai Land Department. Updated 31 January 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,413 sqft
- Floor
- 7th of 9
- Parking
- P2-27
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 36,200 /yr
- Last sold
- AED 2.78M · January 2023
- Building
- Golf Promenade 5B
About B702, Golf Promenade 5B
B702 is a three-bedroom apartment of 2,413 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 19 January 2023 for AED 2,779,000, or AED 1,151 per sqft, in line with the AED 1,151 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 31 January 2025, is AED 132,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 36,200 a year.
Sales and rents for B702 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Golf Promenade 5B, and where B702 sits
All 10 3-beds →B702 last sold in January 2023 at AED 1,151 per sqft, in line with what three-beds in Golf Promenade 5B were fetching at the time (AED 1,151).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jan 202324 January 2023 | 2,339 sqft | 2,693,000 | 1,151 | ||
| 24 Jan 202324 January 2023 | 3,297 sqft | 3,797,000 | 1,151 | ||
| 24 Jan 202324 January 2023 | 2,619 sqft | 3,015,000 | 1,151 | ||
| 20 Jan 202320 January 2023 | 2,113 sqft | 2,433,000 | 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 | |||||
|---|---|---|---|---|---|
| B701 | 2-bed | 1,821 sqft | AED 2.1MAED 2,097,000 · Feb 2023February 2023 | 160,000 /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 |
B702, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 19 January 2023 for AED 2,779,000, or AED 1,151 per sqft.
- Rented since September 2017 on 9 Ejari contracts. The rent fell from AED 146,000 to AED 62,346 in 2020 and recovered to AED 132,000 by January 2025.
- At AED 132,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 36,200 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 31 January 2025.
Questions about B702, Golf Promenade 5B
What did unit B702 last sell for?
AED 2,779,000 on 19 January 2023, sold by the developer: AED 1,151 per sqft for 2,413 sqft. It is the only registered sale of the unit.
What is the rent for unit B702?
AED 132,000 a year on the contract renewed on 31 January 2025. The previous contract, from January 2025, was AED 132,000; the unit has been rented since September 2017.
How big is unit B702?
2,413 sqft (224.2 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2019.
What is unit B702 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 B702, Golf Promenade 5B
Starts from the last sale price (AED 2.78M, 19 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,779,000
- Deposit, UAE resident (20%)
- AED 555,800
- Deposit, non-resident (40%)
- AED 1,111,600
- Monthly over 25 years at 3.7%
- AED 11,370
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →