2-bed · 1,358 sqftGolf Promenade 2B, Damac Hills · 5th floor · completed 2019

501, Golf Promenade 2B

Sold prices and rental history: sold 4 times, last in March 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 501

Unit 501 · DLD and Ejari recordsUpdated 1 October 2025

Last soldAED 1.45M1 March 2023

Current rentAED 120K /yr1 October 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 501

Property timeline for 501, Golf Promenade 2B

Today

What is 501 worth today?

Last sold for AED 1,450,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2025

1 Oct 2025RentedRenewal

AED 120,000/yr3 months · AED 88 per sqft

1 Oct 2024

1 Oct 2024RentedNew contract

AED 120,000/yr12 months · AED 88 per sqft

5 May 2023

5 May 2023RentedNew contract

AED 130,000/yr12 months · AED 96 per sqft

1 Mar 2023

1 Mar 2023SoldReady

AED 1,450,000AED 1,067 per sqft

10 Jan 2023

10 Jan 2023SoldReady

AED 1,050,000AED 773 per sqft

18 Jul 2017

18 Jul 2017SoldOff-plan

AED 1,090,292AED 802 per sqft

22 Jun 2016

22 Jun 2016Sold by developerOff-plan

AED 2,223,000AED 1,636 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type: 2-bed apartment
Size: 1,358 sqft
Floor: 5th of 12
Parking: P1-52
Developer: DAMAC
Completed: 2019
Service charge: AED 16,900 /yr
Last sold: AED 1.45M · March 2023
Building: Golf Promenade 2B

About 501, Golf Promenade 2B

501 is a two-bedroom apartment of 1,358 sqft on the 5th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 1 March 2023 for AED 1,450,000, or AED 1,067 per sqft.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 120,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 16,900 a year.

Sales and rents for 501 over time

Sales

Unit 501, each saleTypical two-bed in Golf Promenade 2B

501 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents

Unit 501, each contractTypical two-bed in Golf Promenade 2B

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golf Promenade 2B, and where 501 sits

All 21 2-beds →

Golf Promenade 2B · all types1,460 /sqft

Recent 2-bed sales	Size	Price (AED)	Per sqft
22 Oct 202422 October 2024	1,526 sqft	1,760,000	1,153
24 Apr 202424 April 2024	1,386 sqft	1,650,000	1,190
3 Apr 20243 April 2024	2,034 sqft	1,950,000	958
19 Jul 202319 July 2023	1,717 sqft	1,350,000	786

0 2-bed sales in the last 12 months

Golf Promenade 2B

Building

124 apartments, studios to 3-bed over 12 floors in Damac Hills, completed in 2019 by DAMAC. 2 sold in the last 12 months.

Typical price per sqft: AED 1,460
Typical sale: AED 810K
Typical rent: AED 60K /yr
Typical yield: 7.1%

Golf Promenade 2B, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 124 units in Golf Promenade 2B


502	Studio	329 sqft	AED 500KAED 500,000 · Jun 2025June 2025	42,500 /yr
503	1-bed	803 sqft	AED 875KAED 875,000 · Jul 2024July 2024	85,000 /yr
504	Studio	260 sqft	AED 185KAED 185,000 · May 2022May 2022	43,000 /yr
505	Studio	533 sqft	AED 600KAED 600,000 · Jun 2025June 2025	50,000 /yr
506	Studio	527 sqft	AED 641KAED 640,920 · Jul 2023July 2023	45,000 /yr
507	1-bed	849 sqft	AED 1.1MAED 1,100,000 · Jan 2026January 2026	60,000 /yr
508	1-bed	816 sqft	AED 1.3MAED 1,301,500 · Jan 2016January 2016	79,000 /yr
509	1-bed	831 sqft	AED 950KAED 950,000 · Dec 2024December 2024	74,000 /yr
510	1-bed	1,014 sqft	AED 1.32MAED 1,317,000 · Oct 2017October 2017	90,000 /yr
511	Studio	489 sqft	AED 596KAED 595,840 · Apr 2023April 2023	60,000 /yr
512	Studio	471 sqft	AED 734KAED 734,350 · Jun 2015June 2015	47,000 /yr
513	Studio	320 sqft	AED 520KAED 520,000 · Jan 2026January 2026	44,281 /yr
514	2-bed	1,386 sqft	AED 1.65MAED 1,650,000 · Apr 2024April 2024	110,250 /yr
511A	1-bed	819 sqft	AED 1MAED 1,000,000 · Jul 2025July 2025	66,000 /yr

1–7 of 14

501, Golf Promenade 2B in numbers

Sold 4 times: first on 22 June 2016 for AED 2,223,000, last on 1 March 2023 for AED 1,450,000 (AED 1,067 per sqft).
Rented since May 2023 on 3 Ejari contracts, from AED 130,000 to AED 120,000 a year.
At AED 120,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 16,900 a year (AED 12.48 per sqft).

Source: Dubai Land Department. Updated 1 October 2025.

Questions about 501, Golf Promenade 2B

What did unit 501 last sell for?

AED 1,450,000 on 1 March 2023: AED 1,067 per sqft for 1,358 sqft. The unit has 4 registered sales; the first was AED 2,223,000 in June 2016.

What is the rent for unit 501?

AED 120,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 120,000; the unit has been rented since May 2023.

How big is unit 501?

1,358 sqft (126.2 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 501, Golf Promenade 2B

Starts from the last sale price (AED 1.45M, 1 March 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,450,000
Deposit, UAE resident (20%): AED 290,000
Deposit, non-resident (40%): AED 580,000
Monthly over 25 years at 3.7%: AED 5,932

Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →