2-bed · 1,856 sqftGolf Promenade 5B, Damac Hills · Ground floor · completed 2019

G+P 06, 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 G+P 06 · DLD and Ejari recordsUpdated 28 February 2025
Last soldAED 2.14M24 January 2023
Current rentAED 131K /yr28 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G+P 06, Golf Promenade 5B

What is G+P 06 worth today?

Last sold for AED 2,137,000 in 2023

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28 Feb 2025RentedRenewal
AED 131,250/yr12 months · AED 71 per sqft
28 Feb 2025RentedRenewal
AED 131,250/yr12 months · AED 71 per sqft
29 Feb 2024RentedRenewal
AED 125,000/yr12 months · AED 67 per sqft
28 Feb 2023RentedRenewal
AED 109,934/yr12 months · AED 59 per sqft
24 Jan 2023Sold by developerReady
AED 2,137,000AED 1,151 per sqft
28 Feb 2022RentedRenewal
AED 105,000/yr12 months · AED 57 per sqft
28 Jan 2021RentedRenewal
AED 105,000/yr13 months · AED 57 per sqft
28 Jan 2020RentedRenewal
AED 115,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 28 February 2025.

Key facts

Type
2-bed apartment
Size
1,856 sqft
Floor
Ground of 9
Parking
LP1-28, LP1-33
Developer
DAMAC
Completed
2019
Service charge
AED 27,800 /yr
Last sold
AED 2.14M · January 2023

About G+P 06, Golf Promenade 5B

G+P 06 is a two-bedroom apartment of 1,856 sqft on the ground floor of Golf Promenade 5B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 24 January 2023 for AED 2,137,000, or AED 1,151 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 10 Ejari contracts. The current contract, renewed on 28 February 2025, is AED 131,250 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 27,800 a year.

Sales and rents for G+P 06 over time

Rents
Unit G+P 06, each contractTypical two-bed in Golf Promenade 5B
100K125K2017202020232026Typical 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, August 2017: AED 139,500 a yearNew contract, August 2017: AED 110,000 a yearNew contract, January 2019: AED 117,000 a yearRenewal, January 2020: AED 115,000 a yearRenewal, January 2021: AED 105,000 a yearRenewal, February 2022: AED 105,000 a yearRenewal, February 2023: AED 109,934 a yearRenewal, February 2024: AED 125,000 a yearRenewal, February 2025: AED 131,250 a yearRenewal, February 2025: AED 131,250 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 G+P 06 sits

All 11 2-beds →

G+P 06 last sold in January 2023 at AED 1,151 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 20232,133,000
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 ground floor

All 82 units in Golf Promenade 5B
Value
G+P 052-bedAED 2.13M · Jan 2023
G+P 073-bedAED 3.02M · Jan 2023
G+P 083-bedAED 2.69M · Jan 2023

G+P 06, Golf Promenade 5B in numbers

  • Sold once: by DAMAC on 24 January 2023 for AED 2,137,000, or AED 1,151 per sqft.
  • Rented since August 2017 on 10 Ejari contracts, from AED 110,000 to AED 131,250 a year.
  • At AED 131,250 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 27,800 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 28 February 2025.

Questions about G+P 06, Golf Promenade 5B

What did unit G+P 06 last sell for?

AED 2,137,000 on 24 January 2023, sold by the developer: AED 1,151 per sqft for 1,856 sqft. It is the only registered sale of the unit.

What is the rent for unit G+P 06?

AED 131,250 a year on the contract renewed on 28 February 2025. The previous contract, from February 2025, was AED 131,250; the unit has been rented since August 2017.

How big is unit G+P 06?

1,856 sqft (172.4 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2019.

What is unit G+P 06 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 G+P 06, Golf Promenade 5B

Starts from the last sale price (AED 2.14M, 24 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,137,000
Deposit, UAE resident (20%)
AED 427,400
Deposit, non-resident (40%)
AED 854,800
Monthly over 25 years at 3.7%
AED 8,743

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