503, Golf Promenade 2B
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Golf Promenade 2B
What is 503 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 5th of 12
- Parking
- P1-54
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 10,000 /yr
- Last sold
- AED 875K · July 2024
- Building
- Golf Promenade 2B
About 503, Golf Promenade 2B
503 is a one-bedroom apartment of 803 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 22 July 2024 for AED 875,000, or AED 1,089 per sqft, 7% above the AED 1,018 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 September 2025, is AED 85,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 10,000 a year.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Golf Promenade 2B, and where 503 sits
All 46 1-beds →503 last sold in July 2024 at AED 1,089 per sqft, 7% above what one-beds in Golf Promenade 2B were fetching at the time (AED 1,018). Over the last 12 months one-beds sold for AED 1,100,000, around AED 1,295 per sqft, and rent for AED 72,998 to 83,000 a year. 503's AED 85,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jan 202616 January 2026 | 849 sqft | 1,100,000 | 1,295 | ||
| 15 Jul 202515 July 2025 | 755 sqft | 950,000 | 1,257 | ||
| 4 Jul 20254 July 2025 | 819 sqft | 1,000,000 | 1,220 | ||
| 29 Apr 202529 April 2025 | 972 sqft | 1,075,000 | 1,105 |
Golf Promenade 2B
Building124 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%
Other units on the 5th floor
All 124 units in Golf Promenade 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,358 sqft | AED 1.45MAED 1,450,000 · Mar 2023March 2023 | 120,000 /yr | |
| 502 | Studio | 329 sqft | AED 500KAED 500,000 · Jun 2025June 2025 | 42,500 /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 |
503, Golf Promenade 2B in numbers
- Sold twice: first on 17 August 2015 for AED 1,211,250, last on 22 July 2024 for AED 875,000 (AED 1,089 per sqft).
- Rented since March 2021 on 5 Ejari contracts, from AED 50,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 9.7%, before a service charge of about AED 10,000 a year (AED 12.48 per sqft).
- One-beds in Golf Promenade 2B sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,460 per sqft.
Source: Dubai Land Department. Updated 1 September 2025.
Questions about 503, Golf Promenade 2B
What did unit 503 last sell for?
AED 875,000 on 22 July 2024: AED 1,089 per sqft for 803 sqft. The unit has 2 registered sales; the first was AED 1,211,250 in August 2015.
What is the rent for unit 503?
AED 85,000 a year on the contract signed on 1 September 2025. The previous contract, from October 2024, was AED 85,000; the unit has been rented since March 2021.
How big is unit 503?
803 sqft (74.6 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Promenade 2B sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 1,295 per sqft.
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Mortgage on 503, Golf Promenade 2B
Starts from the last sale price (AED 875K, 22 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus AED 41,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →