1-bed · 849 sqftGolf Promenade 5B, Damac Hills · 8th floor · completed 2019

B805, 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 B805 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 977K19 January 2023
Current rentAED 75K /yr22 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B805, Golf Promenade 5B

What is B805 worth today?

Last sold for AED 977,000 in 2023

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22 Jan 2025RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
22 Jan 2025RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
1 Sep 2023RentedRenewal
AED 56,227/yr12 months · AED 66 per sqft
19 Jan 2023Sold by developerReady
AED 977,000AED 1,150 per sqft
22 Aug 2022RentedNew contract
AED 51,613/yr12 months · AED 61 per sqft
15 Jul 2021RentedNew contract
AED 50,000/yr13 months · AED 59 per sqft
26 Sep 2019RentedRenewal
AED 58,000/yr12 months · AED 68 per sqft
26 Sep 2018RentedNew contract
AED 62,550/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type
1-bed apartment
Size
849 sqft
Floor
8th of 9
Parking
P2-14
Developer
DAMAC
Completed
2019
Service charge
AED 12,700 /yr
Last sold
AED 977K · January 2023

About B805, Golf Promenade 5B

B805 is a one-bedroom apartment of 849 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 977,000, or AED 1,150 per sqft, in line with the AED 1,152 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 22 January 2025, is AED 75,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 12,700 a year.

Sales and rents for B805 over time

Rents
Unit B805, each contractTypical one-bed in Golf Promenade 5B
60K2017202020232026Typical rent by year: 2017 AED 73,000; 2018 AED 68,000; 2019 AED 59,750; 2020 AED 55,046; 2021 AED 51,000; 2022 AED 53,550; 2023 AED 56,228; 2024 AED 60,000; 2025 AED 75,000New contract, August 2017: AED 72,000 a yearNew contract, September 2018: AED 62,550 a yearRenewal, September 2019: AED 58,000 a yearNew contract, July 2021: AED 50,000 a yearNew contract, August 2022: AED 51,613 a yearRenewal, September 2023: AED 56,227 a yearNew contract, January 2025: AED 75,000 a yearNew contract, January 2025: AED 75,000 a year

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 B805 sits

All 40 1-beds →

B805 last sold in January 2023 at AED 1,150 per sqft, in line with what one-beds in Golf Promenade 5B were fetching at the time (AED 1,152).

Recent 1-bed salesUnit no.Price (AED)Summary
1 Feb 2023977,000
25 Jan 2023980,000
24 Jan 2023845,000
24 Jan 2023966,000
0 1-bed 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
B803StudioAED 560K · Jan 2023
B8042-bedAED 1.78M · Jan 2023
B8061-bedAED 959K · Jan 2023
B8071-bedAED 926K · Jan 2023
B8081-bedAED 1.09M · Jan 2023
1–7 of 9

B805, Golf Promenade 5B in numbers

  • Sold once: by DAMAC on 19 January 2023 for AED 977,000, or AED 1,150 per sqft.
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 50,000 in 2021 and recovered to AED 75,000 by January 2025.
  • At AED 75,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 12,700 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 22 January 2025.

Questions about B805, Golf Promenade 5B

What did unit B805 last sell for?

AED 977,000 on 19 January 2023, sold by the developer: AED 1,150 per sqft for 849 sqft. It is the only registered sale of the unit.

What is the rent for unit B805?

AED 75,000 a year on the contract signed on 22 January 2025. The previous contract, from January 2025, was AED 75,000; the unit has been rented since August 2017.

How big is unit B805?

849 sqft (78.9 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2019.

What is unit B805 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 B805, Golf Promenade 5B

Starts from the last sale price (AED 977K, 19 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 977,000
Deposit, UAE resident (20%)
AED 195,400
Deposit, non-resident (40%)
AED 390,800
Monthly over 25 years at 3.7%
AED 3,997

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