2-bed · 1,452 sqftGolf Promenade 5B, Damac Hills · 9th floor · completed 2019

B907, 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 B907 · DLD and Ejari recordsUpdated 25 December 2024
Last soldAED 1.67M19 January 2023
Current rentAED 110K /yr25 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B907, Golf Promenade 5B

What is B907 worth today?

Last sold for AED 1,673,000 in 2023

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25 Dec 2024RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
1 Sep 2023RentedRenewal
AED 81,400/yr12 months · AED 56 per sqft
19 Jan 2023Sold by developerReady
AED 1,673,000AED 1,152 per sqft
1 Sep 2022RentedRenewal
AED 74,000/yr12 months · AED 51 per sqft
1 Sep 2021RentedRenewal
AED 72,000/yr12 months · AED 50 per sqft
15 Jul 2020RentedNew contract
AED 85,111/yr14 months · AED 59 per sqft
5 Mar 2019RentedNew contract
AED 92,500/yr12 months · AED 64 per sqft
1 Sep 2017RentedNew contract
AED 114,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 25 December 2024.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
9th of 9
Parking
P2-24
Developer
DAMAC
Completed
2019
Service charge
AED 21,800 /yr
Last sold
AED 1.67M · January 2023

About B907, Golf Promenade 5B

B907 is a two-bedroom apartment of 1,452 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 1,673,000, or AED 1,152 per sqft, in line with the AED 1,151 two-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 25 December 2024, is AED 110,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 21,800 a year.

Sales and rents for B907 over time

Rents
Unit B907, each contractTypical two-bed in Golf Promenade 5B
100K2017202020232026Typical rent by year: 2017 AED 124,000; 2018 AED 113,750; 2019 AED 101,000; 2020 AED 94,750; 2021 AED 90,000; 2022 AED 90,000; 2023 AED 90,000; 2024 AED 112,055; 2025 AED 131,250New contract, September 2017: AED 114,000 a yearNew contract, March 2019: AED 92,500 a yearNew contract, July 2020: AED 85,111 a yearRenewal, September 2021: AED 72,000 a yearRenewal, September 2022: AED 74,000 a yearRenewal, September 2023: AED 81,400 a yearNew contract, December 2024: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golf Promenade 5B, and where B907 sits

All 11 2-beds →

B907 last sold in January 2023 at AED 1,152 per sqft, in line with what two-beds in Golf Promenade 5B were fetching at the time (AED 1,151).

Recent 2-bed salesUnit no.Price (AED)Summary
1 Feb 20231,865,000
1 Feb 20232,097,000
24 Jan 20232,337,000
24 Jan 20232,137,000
0 2-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
B9023-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

B907, Golf Promenade 5B in numbers

  • Sold once: by DAMAC on 19 January 2023 for AED 1,673,000, or AED 1,152 per sqft.
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 114,000 to AED 72,000 in 2021 and recovered to AED 110,000 by December 2024.
  • At AED 110,000 a year the gross yield on the 2023 price is 6.6%, before a service charge of about AED 21,800 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 25 December 2024.

Questions about B907, Golf Promenade 5B

What did unit B907 last sell for?

AED 1,673,000 on 19 January 2023, sold by the developer: AED 1,152 per sqft for 1,452 sqft. It is the only registered sale of the unit.

What is the rent for unit B907?

AED 110,000 a year on the contract signed on 25 December 2024. The previous contract, from September 2023, was AED 81,400; the unit has been rented since September 2017.

How big is unit B907?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 9th floor of a 9-storey tower completed in 2019.

What is unit B907 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 B907, Golf Promenade 5B

Starts from the last sale price (AED 1.67M, 19 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,673,000
Deposit, UAE resident (20%)
AED 334,600
Deposit, non-resident (40%)
AED 669,200
Monthly over 25 years at 3.7%
AED 6,845

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