B806, 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 B806, Golf Promenade 5B
What is B806 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 8th of 9
- Parking
- P2-15
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 12,500 /yr
- Last sold
- AED 959K · January 2023
- Building
- Golf Promenade 5B
About B806, Golf Promenade 5B
B806 is a one-bedroom apartment of 832 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 959,000, or AED 1,152 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, renewed on 1 August 2024, is AED 58,500 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 12,500 a year.
Sales and rents for B806 over time
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 B806 sits
All 40 1-beds →B806 last sold in January 2023 at AED 1,152 per sqft, in line with what one-beds in Golf Promenade 5B were fetching at the time (AED 1,152).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Feb 20231 February 2023 | 848 sqft | 977,000 | 1,151 | ||
| 25 Jan 202325 January 2023 | 850 sqft | 980,000 | 1,152 | ||
| 24 Jan 202324 January 2023 | 733 sqft | 845,000 | 1,153 | ||
| 24 Jan 202324 January 2023 | 838 sqft | 966,000 | 1,152 |
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 | |
| 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 | |
| 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 |
B806, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 19 January 2023 for AED 959,000, or AED 1,152 per sqft.
- Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 69,000 to AED 47,872 in 2021 and recovered to AED 58,500 by August 2024.
- At AED 58,500 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 12,500 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 1 August 2024.
Questions about B806, Golf Promenade 5B
What did unit B806 last sell for?
AED 959,000 on 19 January 2023, sold by the developer: AED 1,152 per sqft for 832 sqft. It is the only registered sale of the unit.
What is the rent for unit B806?
AED 58,500 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 55,650; the unit has been rented since September 2017.
How big is unit B806?
832 sqft (77.3 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2019.
What is unit B806 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 B806, Golf Promenade 5B
Starts from the last sale price (AED 959K, 19 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 959,000
- Deposit, UAE resident (20%)
- AED 191,800
- Deposit, non-resident (40%)
- AED 383,600
- Monthly over 25 years at 3.7%
- AED 3,924
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →