B802, 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 B802, Golf Promenade 5B
What is B802 worth today?
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Source: Dubai Land Department. Updated 20 January 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,113 sqft
- Floor
- 8th of 9
- Parking
- P2-28
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 31,700 /yr
- Last sold
- AED 2.43M · January 2023
- Building
- Golf Promenade 5B
About B802, Golf Promenade 5B
B802 is a three-bedroom apartment of 2,113 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 2,433,000, 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 7 Ejari contracts. The current contract, renewed on 20 January 2024, is AED 118,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 31,700 a year.
Sales and rents for B802 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 B802 sits
All 10 3-beds →B802 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 | 2,848 sqft | 3,280,000 | 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 | |||||
|---|---|---|---|---|---|
| B801 | 2-bed | 1,730 sqft | AED 1.99MAED 1,992,000 · Jan 2023January 2023 | 105,000 /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 |
B802, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 20 January 2023 for AED 2,433,000, or AED 1,151 per sqft.
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 144,000 to AED 105,000 in 2020 and recovered to AED 118,000 by January 2024.
- At AED 118,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 31,700 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 20 January 2024.
Questions about B802, Golf Promenade 5B
What did unit B802 last sell for?
AED 2,433,000 on 20 January 2023, sold by the developer: AED 1,151 per sqft for 2,113 sqft. It is the only registered sale of the unit.
What is the rent for unit B802?
AED 118,000 a year on the contract renewed on 20 January 2024. The previous contract, from January 2023, was AED 115,762; the unit has been rented since August 2017.
How big is unit B802?
2,113 sqft (196.3 sqm): a three-bedroom apartment on the 8th floor of a 9-storey tower completed in 2019.
What is unit B802 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 B802, Golf Promenade 5B
Starts from the last sale price (AED 2.43M, 20 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,433,000
- Deposit, UAE resident (20%)
- AED 486,600
- Deposit, non-resident (40%)
- AED 973,200
- Monthly over 25 years at 3.7%
- AED 9,954
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →