B901, 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 B901, Golf Promenade 5B
What is B901 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,848 sqft
- Floor
- 9th of 9
- Parking
- P2-29
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 42,700 /yr
- Last sold
- AED 3.28M · January 2023
- Building
- Golf Promenade 5B
About B901, Golf Promenade 5B
B901 is a three-bedroom apartment of 2,848 sqft on the 9th 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 3,280,000, or AED 1,151 per sqft, in line with the AED 1,151 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 June 2024, is AED 180,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 42,700 a year.
Sales and rents for B901 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Golf Promenade 5B, and where B901 sits
All 10 3-beds →B901 last sold in January 2023 at AED 1,151 per sqft, in line with what three-beds in Golf Promenade 5B were fetching at the time (AED 1,151).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jan 202324 January 2023 | 2,339 sqft | 2,693,000 | 1,151 | ||
| 24 Jan 202324 January 2023 | 3,297 sqft | 3,797,000 | 1,151 | ||
| 24 Jan 202324 January 2023 | 2,619 sqft | 3,015,000 | 1,151 | ||
| 20 Jan 202320 January 2023 | 2,113 sqft | 2,433,000 | 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 9th floor
All 82 units in Golf Promenade 5B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B902 | 3-bed | 2,843 sqft | AED 3.28MAED 3,275,000 · Jan 2023January 2023 | 125,000 /yr | |
| B903 | 1-bed | 998 sqft | AED 1.15MAED 1,150,000 · Jan 2023January 2023 | 80,000 /yr | |
| B904 | 1-bed | 848 sqft | AED 976KAED 976,000 · Jan 2023January 2023 | 68,000 /yr | |
| B905 | 1-bed | 833 sqft | AED 959KAED 959,000 · Jan 2023January 2023 | 59,100 /yr | |
| B906 | 1-bed | 806 sqft | AED 930KAED 930,000 · Jan 2023January 2023 | 74,000 /yr | |
| B907 | 2-bed | 1,452 sqft | AED 1.67MAED 1,673,000 · Jan 2023January 2023 | 110,000 /yr |
B901, Golf Promenade 5B in numbers
- Sold once: by DAMAC on 20 January 2023 for AED 3,280,000, or AED 1,151 per sqft.
- Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 150,500 to AED 110,000 in 2021 and recovered to AED 180,000 by June 2024.
- At AED 180,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 42,700 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 1 June 2024.
Questions about B901, Golf Promenade 5B
What did unit B901 last sell for?
AED 3,280,000 on 20 January 2023, sold by the developer: AED 1,151 per sqft for 2,848 sqft. It is the only registered sale of the unit.
What is the rent for unit B901?
AED 180,000 a year on the contract signed on 1 June 2024. The previous contract, from October 2023, was AED 125,304; the unit has been rented since September 2017.
How big is unit B901?
2,848 sqft (264.6 sqm): a three-bedroom apartment on the 9th floor of a 9-storey tower completed in 2019.
What is unit B901 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 B901, Golf Promenade 5B
Starts from the last sale price (AED 3.28M, 20 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,280,000
- Deposit, UAE resident (20%)
- AED 656,000
- Deposit, non-resident (40%)
- AED 1,312,000
- Monthly over 25 years at 3.7%
- AED 13,419
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →