Golf Promenade 3 - A

1. Does it pay a good rent?7.7% gross, 6.0% after the service charge (Dubai median 6.8%)7.7%Fair
2. Are rents going up?New studio leases: AED 47,970 a year ago, AED 46,000 now (pooled across the project)-4.1%
3. How fast do fees pay back?AED 40,800 in fees to buy a studio; net rent covers it in 1.1 years1.1 yrsFair
4. Can I sell easily?10 sales in 12 months (4 the year before)10
5. Is a lot being built nearby?479 apartments are planned in DAMAC Hills from 2026 to 2028, equal to 16% of the 2,997 homes let there today. DAMAC Hills supply by year →16%Strength
6. Did earlier buyers gain?Up 58% for buyers 5 years ago; launch buyers still 7% down, before fees+58.2%Context

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

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

At studio, Golf Promenade 3 - A has registered sale prices 15% below the DAMAC Hills median price per square foot of 1,249 AED, across 19 eligible buildings. It ranks 19th of 19 by price per square foot and 13th of 18 by gross yield in DAMAC Hills.

Ejari files DAMAC Hills - Golf Promenade’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · Studio
  3 registered sales in 12 months; thin, a single deal moves the median
  Read with care
• Rental evidence · Studio
  77 new and 49 renewal contracts in 12 months · rent source: project (pooled)
  Read with care
• Service charge
  AED 17.92/sqft a year, 2026 owners-association budget; 6.0% yield after it. Confirm against the latest invoice.
  On record
• Project register
  DAMAC Hills - Golf Promenade: recorded complete 2019-09-15 · register data to 2026-07-06
  On record
• Developer
  Damac Properties · delivery record
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

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

Golf Promenade 3 - A returns 7.7% gross: a median new-contract rent of AED 46,000 a year (77 Ejari contracts in 12 months) over a price benchmark of AED 600,000 (median of 3 sales in the last 12 months, latest Dec 2025), before service charge, agency fees or vacant months.

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

The median registered sale price is AED 600,000 (1,059 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

How does Golf Promenade 3 - A compare with DAMAC Hills?

Its 7.7% gross yield sits -0.2 pts against the DAMAC Hills median of 7.9%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

What is the registered annual rent for a studio in Golf Promenade 3 - A?

The median new annual rent is AED 46,000, from 77 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Golf Promenade 3 - A risen or fallen?

The median new annual rent changed -4.1% in the trailing 12 months against the previous 12, using 77 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.