505, Golf Promenade 2B
Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Golf Promenade 2B
What is 505 worth today?
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Source: Dubai Land Department. Updated 26 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 533 sqft
- Floor
- 5th of 12
- Parking
- P1-56
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 6,700 /yr
- Last sold
- AED 600K · June 2025
- Building
- Golf Promenade 2B
About 505, Golf Promenade 2B
505 is a studio of 533 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 4 June 2025 for AED 600,000, or AED 1,125 per sqft, 8% below the AED 1,219 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 26 August 2025, is AED 50,000 a year: a gross yield of 8.3% on the 2025 price, before the service charge of about AED 6,700 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Golf Promenade 2B, and where 505 sits
All 40 studios →505 last sold in June 2025 at AED 1,125 per sqft, 8% below what studios in Golf Promenade 2B were fetching at the time (AED 1,219). Over the last 12 months studios sold for AED 520,000, around AED 1,624 per sqft, and rent for AED 44,100 to 60,000 a year. 505's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 320 sqft | 520,000 | 1,624 | ||
| 3 Jun 20253 June 2025 | 329 sqft | 500,000 | 1,520 | ||
| 3 Jun 20253 June 2025 | 320 sqft | 542,000 | 1,693 | ||
| 14 May 202514 May 2025 | 517 sqft | 630,000 | 1,219 |
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 | |
| 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 | |
| 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 |
505, Golf Promenade 2B in numbers
- Sold twice: first on 22 September 2015 for AED 825,550, last on 4 June 2025 for AED 600,000 (AED 1,125 per sqft).
- Rented since February 2022 on 4 Ejari contracts, from AED 37,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 8.3%, before a service charge of about AED 6,700 a year (AED 12.48 per sqft).
- Studios in Golf Promenade 2B sold for AED 520,000–520,000 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 26 August 2025.
Questions about 505, Golf Promenade 2B
What did unit 505 last sell for?
AED 600,000 on 4 June 2025: AED 1,125 per sqft for 533 sqft. The unit has 2 registered sales; the first was AED 825,550 in September 2015.
What is the rent for unit 505?
AED 50,000 a year on the contract renewed on 26 August 2025. The previous contract, from August 2024, was AED 45,000; the unit has been rented since February 2022.
How big is unit 505?
533 sqft (49.5 sqm): a studio on the 5th floor of a 12-storey tower completed in 2019.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 2B sold for AED 520,000 to 520,000 in the last 12 months, around AED 1,624 per sqft.
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Mortgage on 505, Golf Promenade 2B
Starts from the last sale price (AED 600K, 4 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →