Damac Hills - Golf Promenade in Damac Hills - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Damac Hills - Golf Promenade

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	74	12,174	900,000
2	172	14,809	2,550,000
3	162	12,918	2,096,400

Rents in Damac Hills - Golf Promenade

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	46	974	44,600
1	85	858	72,875
3	194	851	165,000

The cap rate (rental yield) of investments into Damac Hills - Golf Promenade project is 6.5% on average.

The price of an apartment in Damac Hills - Golf Promenade is 13,581 AED/sqm on average.

Price for completed 1 bedroom apartment in Damac Hills - Golf Promenade is 900,000 AED or 12,174 AED/sqm.
Price for completed 2 bedroom apartment in Damac Hills - Golf Promenade is 2,550,000 AED or 14,809 AED/sqm.
Price for completed 3 bedroom apartment in Damac Hills - Golf Promenade is 2,096,400 AED or 12,918 AED/sqm.

Rent in Damac Hills - Golf Promenade is 12,918 AED/sqm/year on average for long term rent of an apartment.

Rent for Studio apartment in Damac Hills - Golf Promenade is 44,600 AED or 974 AED/sqm.
Rent for 1 bedroom apartment in Damac Hills - Golf Promenade is 72,875 AED or 858 AED/sqm.
Rent for 3 bedroom apartment in Damac Hills - Golf Promenade is 165,000 AED or 851 AED/sqm.

About Damac Hills - Golf Promenade

'Damac Hills - Golf Promenade' in 'Damac Hills' area project description

Damac Hills - Golf Promenade is a luxurious residential and leisure development located in the heart of Dubai, United Arab Emirates. The project is developed by DAMAC Properties, a leading real estate developer in the Middle East. It is situated in the prestigious Dubailand area, a major tourist destination and entertainment hub.

The Golf Promenade is a master-planned community that offers a range of residential and leisure amenities. The project features a variety of luxurious villas, townhouses, and apartments, all of which are designed to the highest standards. The villas and townhouses come with a range of amenities such as private gardens, swimming pools, and terraces. The apartments feature modern interiors and balconies with stunning views of the golf course.

The development also offers a range of leisure facilities, including an 18-hole championship golf course, a driving range, and a golf academy. There is also a luxurious spa and fitness center, a shopping mall, and a range of restaurants and cafes. The development also features a number of parks and green spaces, perfect for relaxing and enjoying the outdoors.

The Golf Promenade is located close to a number of major attractions, including the Dubai Mall, the Burj Khalifa, and the Dubai International Airport. The development is also conveniently located close to a range of transportation options, making it easy to get around the city.

Overall, the Damac Hills - Golf Promenade is a luxurious residential and leisure development located in the heart of Dubai. It offers a range of luxurious villas, townhouses, and apartments, as well as a range of leisure facilities and amenities. The development is conveniently located close to a number of major attractions and transportation options, making it an ideal place to live and enjoy the city.

Q&A on Damac Hills - Golf Promenade

What are the advantages of 'Damac Hills - Golf Promenade' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Damac Hills - Golf Promenade is located in the heart of Dubai, offering easy access to the city’s best attractions, shopping malls, and entertainment hubs.

2. Luxury Amenities: The project offers a range of luxury amenities, including a world-class golf course, a private beach, a shopping mall, and a variety of restaurants and cafes.

3. Affordable Prices: The project offers competitive prices for real estate buyers, making it an attractive option for those looking for a luxurious lifestyle at an affordable price.

4. Investment Opportunities: The project offers a range of investment opportunities, including rental units and commercial spaces.

5. Quality Construction: The project is built to the highest standards, with quality materials and construction techniques.

6. Flexible Payment Plans: The project offers flexible payment plans, allowing buyers to pay for their property in installments.

What projects are better than 'Damac Hills - Golf Promenade' project in Dubai which are located close by, and why?

- Akoya Oxygen (now known as Damac Hills 2):
- Why: This project offers more affordable luxury compared to Damac Hills. It's also a greener, more sustainable option with extensive landscaping and eco-friendly initiatives. Though slightly farther from central Dubai, it provides a serene lifestyle with multiple amenities including parks, water features, and sports facilities.

- Arabian Ranches:
- Why: Known for its family-friendly atmosphere and top-notch amenities, Arabian Ranches provides a mix of villas and townhouses with extensive community facilities like schools, clinics, and retail outlets. The community is built around a desert-themed golf course, offering a unique blend of luxury and nature.

- Dubai Hills Estate:
- Why: Developed by Emaar, this master-planned community is known for its extensive green spaces, an 18-hole championship golf course, and proximity to Dubai Hills Mall, Kings’ College Hospital, and international schools. The estate offers a variety of properties including villas, townhouses, and apartments, appealing to various lifestyle needs.

- Jumeirah Golf Estates:
- Why: Famous for its world-class golf courses that host the DP World Tour Championship, this gated community provides a luxurious living environment. The development offers a range of high-end villas and townhouses with views of the golf course, along with fantastic leisure amenities such as clubhouses, fitness centers, and fine dining.

- Mudon:
- Why: This community offers large, spacious villas and townhouses ideal for families. It has extensive outdoor spaces, parks, and sports facilities, catering to an active lifestyle. The Mudon Central Park and its proximity to educational institutions and retail outlets make it an attractive option.

- Tilal Al Ghaf:
- Why: Another project by Majid Al Futtaim, this mixed-use development offers a blend of premium villas and townhouses, centered around a lagoon and beach area. The project emphasizes sustainability and wellness, featuring walkable neighborhoods, cycling tracks, and ample green spaces.

These projects stand out due to their unique offerings, prime locations, prestigious developers, and comprehensive amenities, providing diverse options for potential investors and residents.