B809, 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 B809, Golf Promenade 5B
What is B809 worth today?
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Source: Dubai Land Department. Updated 4 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 561 sqft
- Floor
- 8th of 9
- Parking
- P2-18
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 8,400 /yr
- Last sold
- AED 648K · January 2023
- Building
- Golf Promenade 5B
About B809, Golf Promenade 5B
B809 is a studio of 561 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 648,000, or AED 1,154 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, renewed on 4 February 2024, is AED 45,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 8,400 a year.
Sales and rents for B809 over time
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 B809 sits
All 21 studios →B809 last sold in January 2023 at AED 1,154 per sqft, in line with what studios in Golf Promenade 5B were fetching at the time (AED 1,153).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Mar 202315 March 2023 | 481 sqft | 556,000 | 1,155 | ||
| 24 Jan 202324 January 2023 | 522 sqft | 603,000 | 1,154 | ||
| 24 Jan 202324 January 2023 | 598 sqft | 690,000 | 1,153 | ||
| 24 Jan 202324 January 2023 | 482 sqft | 556,000 | 1,154 |
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 | |
| 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 | |
| B810 | 1-bed | 731 sqft | AED 842KAED 842,000 · Jan 2023January 2023 | 59,100 /yr |
B809, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 20 January 2023 for AED 648,000, or AED 1,154 per sqft.
- Rented since April 2017 on 6 Ejari contracts. The rent fell from AED 51,000 to AED 37,275 in 2023 and recovered to AED 45,000 by February 2024.
- At AED 45,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 8,400 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 4 February 2024.
Questions about B809, Golf Promenade 5B
What did unit B809 last sell for?
AED 648,000 on 20 January 2023, sold by the developer: AED 1,154 per sqft for 561 sqft. It is the only registered sale of the unit.
What is the rent for unit B809?
AED 45,000 a year on the contract renewed on 4 February 2024. The previous contract, from February 2023, was AED 37,275; the unit has been rented since April 2017.
How big is unit B809?
561 sqft (52.1 sqm): a studio on the 8th floor of a 9-storey tower completed in 2019.
What is unit B809 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 B809, Golf Promenade 5B
Starts from the last sale price (AED 648K, 20 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 648,000
- Deposit, UAE resident (20%)
- AED 129,600
- Deposit, non-resident (40%)
- AED 259,200
- Monthly over 25 years at 3.7%
- AED 2,651
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →