What is the rental yield in Golf Promenade 3 - A?

Golf Promenade 3 - A returns 8.08% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 181 rental contracts registered in the last 24 months.

How much does a studio in Golf Promenade 3 - A cost?

The median registered sale price is AED 585,000 (1,059 AED/sqft), from 5 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

Have prices in Golf Promenade 3 - A risen or fallen?

Median price per square foot moved +0.2% over the last 12 months against the 12 before it, on 5 registered sales. On a sample this size, read the direction rather than the exact figure.

Do new tenants in Golf Promenade 3 - A pay more than sitting ones?

A new tenant pays +5.0% against a renewing one, across 88 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.

Did off-plan buyers in Golf Promenade 3 - A make money?

Units bought off-plan between 2015 and 2017 later resold -19.8% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.

Golf Promenade 3 - A — sale prices & yield

Buy: 585,000AED; AED 1,059/sqft
Long-let: 8.08%; AED 47,250/yr

Priced off the last 5 sales — most recent December 2025.

Yield spread: +0.0 pts; vs the Damac Hills median for this unit type
Turnover upside: +5.0%; new tenants pay more than sitting ones — 88 renewals
AED/yr/sqft: AED 95
Sales: 5
Rental contracts: 181
Renewal rent: AED 45,000/yr

12 months: +0.2%
3 years: +13.1%+4.2%/yr

Based on 5 sales and 181 rental contracts in the last 24 months. Rental data covers the whole DAMAC Hills - Golf Promenade project, not this tower alone.

Golf Promenade 3 - A 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 2015 to 2026, 244 registered sales in all — the 5 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Golf Promenade 3 - A, by year.

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

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 585,000	1059	8.08% +0.0 pts	+0.2%	5
1 bed	AED 980,000	1207	7.65% +0.5 pts	—	3
2 bed	AED 2.29M	1324	5.87% -1.3 pts	-7.5%	4
3 bed	AED 2.55M	895	6.84% +0.4 pts	+49.1%	3

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.

Short-let rates around Golf Promenade 3 - A

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed500m	464	0.57	AED 100,746	AED 75,000	1.3×	10.28%	4+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Golf Promenade 3 - A itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Golf Promenade 3 - A between 2015 and 2017 went for a median of AED 1,298/sqft (AED 1.09M). The same building resells today at AED 1,177/sqft (AED 1.10M) — an uplift of +0.9%.

Based on 28 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

10 resales in the last 12 months, against 9 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
24 Aug 2026	1 bed	833	AED 980,000	1,177
24 Aug 2026	1 bed	725	AED 875,000	1,207
24 Aug 2026	3 bed	2,413	AED 2,950,000	1,223

3 resales in the last 3 months.

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.

Highest rental yields in Damac Hills · Golf Promenade 3 - A places 16th of 36

Common questions

What is the rental yield in Golf Promenade 3 - A?: Golf Promenade 3 - A returns 8.08% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 181 rental contracts registered in the last 24 months.
How much does a studio in Golf Promenade 3 - A cost?: The median registered sale price is AED 585,000 (1,059 AED/sqft), from 5 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Golf Promenade 3 - A risen or fallen?: Median price per square foot moved +0.2% over the last 12 months against the 12 before it, on 5 registered sales. On a sample this size, read the direction rather than the exact figure.
Do new tenants in Golf Promenade 3 - A pay more than sitting ones?: A new tenant pays +5.0% against a renewing one, across 88 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.
Did off-plan buyers in Golf Promenade 3 - A make money?: Units bought off-plan between 2015 and 2017 later resold -19.8% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.

Golf Promenade 3 - A