B801, 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 B801, Golf Promenade 5B
What is B801 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 12 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,730 sqft
- Floor
- 8th of 9
- Parking
- G-25
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.99M · January 2023
- Building
- Golf Promenade 5B
About B801, Golf Promenade 5B
B801 is a two-bedroom apartment of 1,730 sqft on the 8th floor of Golf Promenade 5B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 20 January 2023 for AED 1,992,000, 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 8 Ejari contracts. The current contract, renewed on 12 April 2024, is AED 105,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 25,900 a year.
Sales and rents for B801 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 B801 sits
All 11 2-beds →B801 last sold in January 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 | ||
| 1 Feb 20231 February 2023 | 1,821 sqft | 2,097,000 | 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 |
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 8th floor
All 82 units in Golf Promenade 5B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B802 | 3-bed | 2,113 sqft | AED 2.43MAED 2,433,000 · Jan 2023January 2023 | 118,000 /yr | |
| B803 | Studio | 486 sqft | AED 560KAED 560,000 · Jan 2023January 2023 | 46,000 /yr | |
| B804 | 2-bed | 1,544 sqft | AED 1.78MAED 1,778,000 · Jan 2023January 2023 | 94,500 /yr | |
| B805 | 1-bed | 849 sqft | AED 977KAED 977,000 · Jan 2023January 2023 | 75,000 /yr | |
| B806 | 1-bed | 832 sqft | AED 959KAED 959,000 · Jan 2023January 2023 | 58,500 /yr | |
| B807 | 1-bed | 803 sqft | AED 926KAED 926,000 · Jan 2023January 2023 | 70,000 /yr | |
| B808 | 1-bed | 948 sqft | AED 1.09MAED 1,092,000 · Jan 2023January 2023 | 60,000 /yr | |
| B809 | Studio | 561 sqft | AED 648KAED 648,000 · Jan 2023January 2023 | 45,000 /yr | |
| B810 | 1-bed | 731 sqft | AED 842KAED 842,000 · Jan 2023January 2023 | 59,100 /yr |
B801, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 20 January 2023 for AED 1,992,000, or AED 1,151 per sqft.
- Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 88,000 in 2022 and recovered to AED 105,000 by April 2024.
- At AED 105,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 25,900 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 12 April 2024.
Questions about B801, Golf Promenade 5B
What did unit B801 last sell for?
AED 1,992,000 on 20 January 2023, sold by the developer: AED 1,151 per sqft for 1,730 sqft. It is the only registered sale of the unit.
What is the rent for unit B801?
AED 105,000 a year on the contract renewed on 12 April 2024. The previous contract, from April 2023, was AED 90,000; the unit has been rented since June 2017.
How big is unit B801?
1,730 sqft (160.7 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2019.
What is unit B801 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling B801? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on B801, Golf Promenade 5B
Starts from the last sale price (AED 1.99M, 20 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,992,000
- Deposit, UAE resident (20%)
- AED 398,400
- Deposit, non-resident (40%)
- AED 796,800
- Monthly over 25 years at 3.7%
- AED 8,150
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →