3-bed · 2,843 sqftGolf Promenade 5B, Damac Hills · 9th floor · completed 2019

B902, 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 B902 · DLD and Ejari recordsUpdated 30 January 2025
Last soldAED 3.28M19 January 2023
Current rentAED 125K /yr30 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B902, Golf Promenade 5B

What is B902 worth today?

Last sold for AED 3,275,000 in 2023

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30 Jan 2025RentedRenewal
AED 125,000/yr12 months · AED 44 per sqft
30 Jan 2025RentedRenewal
AED 125,000/yr12 months · AED 44 per sqft
30 Jan 2024RentedRenewal
AED 125,000/yr12 months · AED 44 per sqft
30 Jan 2023RentedRenewal
AED 118,336/yr12 months · AED 42 per sqft
19 Jan 2023Sold by developerReady
AED 3,275,000AED 1,151 per sqft
30 Jan 2022RentedRenewal
AED 112,700/yr12 months · AED 40 per sqft
30 Dec 2020RentedNew contract
AED 112,700/yr13 months · AED 40 per sqft
1 Nov 2019RentedRenewal
AED 128,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 30 January 2025.

Key facts

Type
3-bed apartment
Size
2,843 sqft
Floor
9th of 9
Parking
P2-30
Developer
DAMAC
Completed
2019
Service charge
AED 42,600 /yr
Last sold
AED 3.28M · January 2023

About B902, Golf Promenade 5B

B902 is a three-bedroom apartment of 2,843 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 19 January 2023 for AED 3,275,000, 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 9 Ejari contracts. The current contract, renewed on 30 January 2025, is AED 125,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 42,600 a year.

Sales and rents for B902 over time

Rents
Unit B902, each contractTypical three-bed in Golf Promenade 5B
100K125K150K2017202020232026Typical rent by year: 2017 AED 148,250; 2018 AED 145,000; 2019 AED 121,500; 2020 AED 110,000; 2021 AED 102,500; 2022 AED 110,250; 2023 AED 115,631; 2024 AED 122,500; 2025 AED 132,000New contract, September 2017: AED 150,500 a yearNew contract, October 2018: AED 147,000 a yearRenewal, November 2019: AED 128,000 a yearNew contract, December 2020: AED 112,700 a yearRenewal, January 2022: AED 112,700 a yearRenewal, January 2023: AED 118,336 a yearRenewal, January 2024: AED 125,000 a yearRenewal, January 2025: AED 125,000 a yearRenewal, January 2025: AED 125,000 a year

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 B902 sits

All 10 3-beds →

B902 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 salesUnit no.Price (AED)Summary
24 Jan 20232,693,000
24 Jan 20233,797,000
24 Jan 20233,015,000
20 Jan 20232,433,000
0 3-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 9th floor

All 82 units in Golf Promenade 5B
Value
B9013-bedAED 3.28M · Jan 2023
B9031-bedAED 1.15M · Jan 2023
B9041-bedAED 976K · Jan 2023
B9051-bedAED 959K · Jan 2023
B9061-bedAED 930K · Jan 2023
B9072-bedAED 1.67M · Jan 2023

B902, Golf Promenade 5B in numbers

  • Sold once: by DAMAC on 19 January 2023 for AED 3,275,000, or AED 1,151 per sqft.
  • Rented since September 2017 on 9 Ejari contracts. The rent fell from AED 150,500 to AED 112,700 in 2022 and recovered to AED 125,000 by January 2025.
  • At AED 125,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 42,600 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 30 January 2025.

Questions about B902, Golf Promenade 5B

What did unit B902 last sell for?

AED 3,275,000 on 19 January 2023, sold by the developer: AED 1,151 per sqft for 2,843 sqft. It is the only registered sale of the unit.

What is the rent for unit B902?

AED 125,000 a year on the contract renewed on 30 January 2025. The previous contract, from January 2025, was AED 125,000; the unit has been rented since September 2017.

How big is unit B902?

2,843 sqft (264.1 sqm): a three-bedroom apartment on the 9th floor of a 9-storey tower completed in 2019.

What is unit B902 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 B902, Golf Promenade 5B

Starts from the last sale price (AED 3.28M, 19 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,275,000
Deposit, UAE resident (20%)
AED 655,000
Deposit, non-resident (40%)
AED 1,310,000
Monthly over 25 years at 3.7%
AED 13,399

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