What is the rental yield in Golf Promenade 5 - B?

Golf Promenade 5 - B returns 7.14% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 563 rental contracts registered in the last 24 months.

How does Golf Promenade 5 - B compare with Damac Hills?

Its 7.14% gross yield sits +0.1 pts against the Damac Hills median of 7.08%, computed at the same bedroom grain over the same 24-month window.

Do new tenants in Golf Promenade 5 - B pay more than sitting ones?

A new tenant pays +7.7% against a renewing one, across 292 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Golf Promenade 5 - B — rental prices & yield

Long-let: 70,000AED; AED 90/sqft · 7.14%

Priced off the last 5 sales — most recent March 2023.

Yield spread: +0.1 pts; vs the Damac Hills median for this unit type
Turnover upside: +7.7%; new tenants pay more than sitting ones — 292 renewals
AED/yr/sqft: AED 90
Sales: 0
Rental contracts: 563
Renewal rent: AED 65,000/yr

12 months: +7.1%
3 years: +25.0%+7.7%/yr

Based on 0 sales and 563 rental contracts in the last 24 months. Rental data covers the whole DAMAC Hills - Golf Promenade project, not this tower alone. Thin sample — treat these figures as indicative.

Golf Promenade 5 - B is an apartment building in Damac Hills, Dubai, one of the towers in the DAMAC Hills - Golf Promenade development. The nearest landmark Motor City. Land Department records for it run from 2023 to 2023, 164 registered sales in all — the 0 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Golf Promenade 5 - B, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts

Deltas compare each yield with the Damac Hills median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Landmark: Motor City

Compare with nearby buildings

The most-traded buildings in DAMAC Hills - Golf Promenade, on the same figures over the same window.

Common questions

What is the rental yield in Golf Promenade 5 - B?: Golf Promenade 5 - B returns 7.14% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 563 rental contracts registered in the last 24 months.
How does Golf Promenade 5 - B compare with Damac Hills?: Its 7.14% gross yield sits +0.1 pts against the Damac Hills median of 7.08%, computed at the same bedroom grain over the same 24-month window.
Do new tenants in Golf Promenade 5 - B pay more than sitting ones?: A new tenant pays +7.7% against a renewing one, across 292 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Golf Promenade 5 - B