B708, 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 B708, Golf Promenade 5B
What is B708 worth today?
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Source: Dubai Land Department. Updated 6 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 904 sqft
- Floor
- 7th of 9
- Parking
- P2-9
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.04M · January 2023
- Building
- Golf Promenade 5B
About B708, Golf Promenade 5B
B708 is a one-bedroom apartment of 904 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 18 January 2023 for AED 1,042,000, or AED 1,152 per sqft.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 6 March 2025, is AED 78,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 13,600 a year.
Sales and rents for B708 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 B708 sits
All 40 1-beds →| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Feb 20231 February 2023 | 848 sqft | 977,000 | 1,151 | ||
| 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 |
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 | |
| 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 | |
| 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 |
B708, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 18 January 2023 for AED 1,042,000, or AED 1,152 per sqft.
- Rented since June 2017 on 9 Ejari contracts. The rent fell from AED 77,000 to AED 51,000 in 2021 and recovered to AED 78,000 by March 2025.
- At AED 78,000 a year the gross yield on the 2023 price is 7.5%, before a service charge of about AED 13,600 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 6 March 2025.
Questions about B708, Golf Promenade 5B
What did unit B708 last sell for?
AED 1,042,000 on 18 January 2023, sold by the developer: AED 1,152 per sqft for 904 sqft. It is the only registered sale of the unit.
What is the rent for unit B708?
AED 78,000 a year on the contract signed on 6 March 2025. The previous contract, from March 2025, was AED 78,000; the unit has been rented since June 2017.
How big is unit B708?
904 sqft (84.0 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2019.
What is unit B708 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 B708, Golf Promenade 5B
Starts from the last sale price (AED 1.04M, 18 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,042,000
- Deposit, UAE resident (20%)
- AED 208,400
- Deposit, non-resident (40%)
- AED 416,800
- Monthly over 25 years at 3.7%
- AED 4,263
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →