B705, 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 B705, Golf Promenade 5B
What is B705 worth today?
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Source: Dubai Land Department. Updated 5 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 848 sqft
- Floor
- 7th of 9
- Parking
- P2-6
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 12,700 /yr
- Last sold
- AED 977K · February 2023
- Building
- Golf Promenade 5B
About B705, Golf Promenade 5B
B705 is a one-bedroom apartment of 848 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 977,000, or AED 1,151 per sqft, in line with the AED 1,152 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 5 February 2025, is AED 75,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for B705 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Golf Promenade 5B, and where B705 sits
All 40 1-beds →B705 last sold in February 2023 at AED 1,151 per sqft, in line with what one-beds in Golf Promenade 5B were fetching at the time (AED 1,152).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jan 202325 January 2023 | 850 sqft | 980,000 | 1,152 | ||
| 24 Jan 202324 January 2023 | 733 sqft | 845,000 | 1,153 | ||
| 24 Jan 202324 January 2023 | 838 sqft | 966,000 | 1,152 | ||
| 24 Jan 202324 January 2023 | 851 sqft | 980,000 | 1,152 |
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 | |
| 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 | |
| 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 |
B705, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 1 February 2023 for AED 977,000, or AED 1,151 per sqft.
- Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 69,000 to AED 51,000 in 2021 and recovered to AED 75,000 by February 2025.
- At AED 75,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 12,700 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 5 February 2025.
Questions about B705, Golf Promenade 5B
What did unit B705 last sell for?
AED 977,000 on 1 February 2023, sold by the developer: AED 1,151 per sqft for 848 sqft. It is the only registered sale of the unit.
What is the rent for unit B705?
AED 75,000 a year on the contract signed on 5 February 2025. The previous contract, from February 2025, was AED 75,000; the unit has been rented since August 2017.
How big is unit B705?
848 sqft (78.8 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2019.
What is unit B705 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 B705, Golf Promenade 5B
Starts from the last sale price (AED 977K, 1 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 977,000
- Deposit, UAE resident (20%)
- AED 195,400
- Deposit, non-resident (40%)
- AED 390,800
- Monthly over 25 years at 3.7%
- AED 3,997
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →