Studio · 486 sqftGolf Promenade 5B, Damac Hills · 8th floor · completed 2019

B803, 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.

Unit B803 · DLD and Ejari recordsUpdated 25 April 2025
Last soldAED 560K19 January 2023
Current rentAED 46K /yr25 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B803, Golf Promenade 5B

What is B803 worth today?

Last sold for AED 560,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Apr 2025RentedNew contract
AED 46,000/yr12 months · AED 95 per sqft
19 Jan 2023Sold by developerReady
AED 560,000AED 1,153 per sqft
5 Dec 2021RentedNew contract
AED 33,000/yr12 months · AED 68 per sqft
12 Jul 2020RentedNew contract
AED 36,000/yr13 months · AED 74 per sqft
1 Jul 2019RentedNew contract
AED 43,000/yr12 months · AED 89 per sqft
1 May 2017RentedNew contract
AED 53,500/yr12 months · AED 110 per sqft
3 Apr 2017RentedNew contract
AED 49,500/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 25 April 2025.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
8th of 9
Parking
P2-12
Developer
DAMAC
Completed
2019
Service charge
AED 7,300 /yr
Last sold
AED 560K · January 2023

About B803, Golf Promenade 5B

B803 is a studio of 486 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 19 January 2023 for AED 560,000, or AED 1,153 per sqft, in line with the AED 1,153 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 25 April 2025, is AED 46,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 7,300 a year.

Sales and rents for B803 over time

Rents
Unit B803, each contractTypical studio in Golf Promenade 5B
30K40K50K2017202020232026Typical rent by year: 2017 AED 51,500; 2018 AED 51,500; 2019 AED 43,000; 2020 AED 37,000; 2021 AED 32,000; 2022 AED 33,000; 2023 AED 35,000; 2024 AED 37,500; 2025 AED 37,044New contract, April 2017: AED 49,500 a yearNew contract, May 2017: AED 53,500 a yearNew contract, July 2019: AED 43,000 a yearNew contract, July 2020: AED 36,000 a yearNew contract, December 2021: AED 33,000 a yearNew contract, April 2025: AED 46,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Golf Promenade 5B, and where B803 sits

All 21 studios →

B803 last sold in January 2023 at AED 1,153 per sqft, in line with what studios in Golf Promenade 5B were fetching at the time (AED 1,153).

Recent studio salesUnit no.Price (AED)Summary
15 Mar 2023556,000
24 Jan 2023603,000
24 Jan 2023690,000
24 Jan 2023556,000
0 studio sales in the last 12 months

Golf Promenade 5B

Building

82 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
Golf Promenade 5B, Damac Hills: prices, sales and rents →

Other units on the 8th floor

All 82 units in Golf Promenade 5B
Value
B8012-bedAED 1.99M · Jan 2023
B8023-bedAED 2.43M · Jan 2023
B8042-bedAED 1.78M · Jan 2023
B8051-bedAED 977K · Jan 2023
B8061-bedAED 959K · Jan 2023
B8071-bedAED 926K · Jan 2023
B8081-bedAED 1.09M · Jan 2023
1–7 of 9

B803, Golf Promenade 5B in numbers

  • Sold once: by DAMAC on 19 January 2023 for AED 560,000, or AED 1,153 per sqft.
  • Rented since April 2017 on 6 Ejari contracts. The rent fell from AED 49,500 to AED 33,000 in 2021 and recovered to AED 46,000 by April 2025.
  • At AED 46,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 7,300 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 25 April 2025.

Questions about B803, Golf Promenade 5B

What did unit B803 last sell for?

AED 560,000 on 19 January 2023, sold by the developer: AED 1,153 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit B803?

AED 46,000 a year on the contract signed on 25 April 2025. The previous contract, from December 2021, was AED 33,000; the unit has been rented since April 2017.

How big is unit B803?

486 sqft (45.2 sqm): a studio on the 8th floor of a 9-storey tower completed in 2019.

What is unit B803 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling B803? 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.

How OpenOffers works

Mortgage on B803, Golf Promenade 5B

Starts from the last sale price (AED 560K, 19 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →