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

Golf Promenade 3 - B returns 7.28% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 295 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Golf Promenade 3 - B cost?

The median registered sale price is AED 1.04M (1,275 AED/sqft), from 8 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Golf Promenade 3 - B selling for right now?

Registered sales of ready units in Golf Promenade 3 - B over the last 12 months have a median of 1,263 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

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

Median price per square foot moved -1.8% over the last 12 months against the 12 before it, on 8 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Golf Promenade 3 - B compare with Damac Hills?

Its 7.28% gross yield sits +0.1 pts against the Damac Hills median of 7.14%, computed at the same bedroom grain over the same 24-month window.

Golf Promenade 3 - B — sale prices & yield

Buy: 1.04MAED; AED 1,263/sqft
Long-let: 7.28%; AED 75,000/yr
Short-let: 9.68%; AED 464/night · 0.57/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 12 months, most recent March 2026.

Priced off the last 5 sales — most recent March 2026.

Yield spread: +0.1 pts; vs the Damac Hills median for this unit type
Turnover upside: +9.9%; new tenants pay more than sitting ones — 154 renewals
AED/yr/sqft: AED 88
Sales: 8
Rental contracts: 295
Renewal rent: AED 68,250/yr

12 months: -1.8%
3 years: +35.8%+10.7%/yr

Based on 8 sales and 295 rental contracts in the last 24 months. Rental data covers the whole DAMAC Hills - Golf Promenade project, not this tower alone.

Golf Promenade 3 - 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 2015 to 2026, 242 registered sales in all — the 8 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Golf Promenade 3 - B, 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 590,000	970	8.01% -0.1 pts	+12.3%	5
1 bed	AED 1.04M	1275	7.28% +0.1 pts	-1.8%	8
2 bed	AED 2.60M	1401	6.67% -0.5 pts	+12.5%	3
3 bed	AED 2.10M	1202	7.98% +1.5 pts	+32.7%	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.

3 bed: Priced off the last 5 sales — most recent September 2025.

Short-let rates around Golf Promenade 3 - B

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 100,683	AED 75,000	1.3×	9.68%	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 - B itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Golf Promenade 3 - B between 2015 and 2017 went for a median of AED 1,251/sqft (AED 1.08M). The same building resells today at AED 1,202/sqft (AED 1.05M) — an uplift of -3.0%.

Based on 32 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.

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

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.

Highest rental yields in Damac Hills · Golf Promenade 3 - B places 20th of 36

Common questions

What is the rental yield in Golf Promenade 3 - B?: Golf Promenade 3 - B returns 7.28% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 295 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Golf Promenade 3 - B cost?: The median registered sale price is AED 1.04M (1,275 AED/sqft), from 8 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Golf Promenade 3 - B selling for right now?: Registered sales of ready units in Golf Promenade 3 - B over the last 12 months have a median of 1,263 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Golf Promenade 3 - B risen or fallen?: Median price per square foot moved -1.8% over the last 12 months against the 12 before it, on 8 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Golf Promenade 3 - B compare with Damac Hills?: Its 7.28% gross yield sits +0.1 pts against the Damac Hills median of 7.14%, computed at the same bedroom grain over the same 24-month window.

Golf Promenade 3 - B