Golf Promenade — project image
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Golf Promenade

From AED 1.25M·Completed Sep 2019·100% down payment Payment
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AED 1.25M
Starting Price
Sep 2019
Handover
100% down payment
Payment Plan
1 BR · 3 BR
Type

Project Overview

Golf Promenade is a project by Damac Properties located in the DAMAC Hills community, comprising five buildings ranging from seven to nine storeys. The development offers studios, apartments, and townhouses with one, two, or three bedrooms, designed for living amidst the green landscapes of a golf course. The architectural style features a light color palette, panoramic glazing, and spacious balconies. Inspired by the ambiance of California, the buildings showcase soft lines, open façades, and harmony with the surrounding nature. Interiors are designed in a modern aesthetic with warm tones, natural materials, built-in kitchens, and smart home technology. Residents enjoy resort-style amenities including swimming pools, gyms, tennis courts, playgrounds, basketball areas, green parks, and relaxation zones. The complex also features retail outlets, cafés, underground parking, 24/7 security, and concierge services. Nearby landmarks include Trump International Golf Club Dubai, just 6 minutes away by car, Dubai Butterfly Garden — 13 minutes, The Selfie Kingdom — 9 minutes, and Dubai Investment Park Metro Station — only 14 minutes away. This location offers both excellent connectivity and a balanced lifestyle close to nature.

Project Specifications
DeveloperDamac Properties
LocationDamac Hills
Unit Types1 BR, 3 BR, Apartments
AreaDamac Hills
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 53,722 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,637
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 572,700 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

100% down payment

Published payment summary

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Amenities & Lifestyle

Central A/C
Club house
Dining outlets (coffee houses & restaurants)
Golf course
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Outdoor cinema
Recreational areas
Retail outlets
Shared Pool
Shared gym & fitness
Social zone

Location

Damac Hills

Nearby Destinations

Damac Hills

Developer and Project Facts

01

Golf Promenade by Damac Properties

02

Located in Damac Hills

03

Starting from AED 1,245,000

04

Unit mix includes 1 BR, 3 BR, Apartments

05

Expected handover: Sep 2019

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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