B804, 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 B804, Golf Promenade 5B
What is B804 worth today?
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Source: Dubai Land Department. Updated 25 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,544 sqft
- Floor
- 8th of 9
- Parking
- P2-13
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 23,200 /yr
- Last sold
- AED 1.78M · January 2023
- Building
- Golf Promenade 5B
About B804, Golf Promenade 5B
B804 is a two-bedroom apartment of 1,544 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 1,778,000, 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 25 September 2024, is AED 94,500 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 23,200 a year.
Sales and rents for B804 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 B804 sits
All 11 2-beds →B804 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 | |||||
|---|---|---|---|---|---|
| B801 | 2-bed | 1,730 sqft | AED 1.99MAED 1,992,000 · Jan 2023January 2023 | 105,000 /yr | |
| 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 | |
| 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 |
B804, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 20 January 2023 for AED 1,778,000, or AED 1,151 per sqft.
- Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 85,000 in 2021 and recovered to AED 94,500 by September 2024.
- At AED 94,500 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 23,200 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 25 September 2024.
Questions about B804, Golf Promenade 5B
What did unit B804 last sell for?
AED 1,778,000 on 20 January 2023, sold by the developer: AED 1,151 per sqft for 1,544 sqft. It is the only registered sale of the unit.
What is the rent for unit B804?
AED 94,500 a year on the contract renewed on 25 September 2024. The previous contract, from September 2023, was AED 90,000; the unit has been rented since June 2017.
How big is unit B804?
1,544 sqft (143.4 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2019.
What is unit B804 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 B804, Golf Promenade 5B
Starts from the last sale price (AED 1.78M, 20 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,778,000
- Deposit, UAE resident (20%)
- AED 355,600
- Deposit, non-resident (40%)
- AED 711,200
- Monthly over 25 years at 3.7%
- AED 7,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →