506, Golf Promenade 2B
Sold prices and rental history: sold once, by the developer in July 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Golf Promenade 2B
What is 506 worth today?
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Source: Dubai Land Department. Updated 4 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 527 sqft
- Floor
- 5th of 12
- Parking
- P1-57
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 6,600 /yr
- Last sold
- AED 641K · July 2023
- Building
- Golf Promenade 2B
About 506, Golf Promenade 2B
506 is a studio of 527 sqft on the 5th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 17 July 2023 for AED 640,920, or AED 1,217 per sqft, in line with the AED 1,217 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 4 November 2025, is AED 45,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 6,600 a year.
Sales and rents for 506 over time
506 has sold once; 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 506 sits
All 40 studios →506 last sold in July 2023 at AED 1,217 per sqft, in line with what studios in Golf Promenade 2B were fetching at the time (AED 1,217). 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. 506's AED 45,000 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 | ||
| 4 Jun 20254 June 2025 | 533 sqft | 600,000 | 1,125 | ||
| 3 Jun 20253 June 2025 | 329 sqft | 500,000 | 1,520 | ||
| 3 Jun 20253 June 2025 | 320 sqft | 542,000 | 1,693 |
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 | |
| 505 | Studio | 533 sqft | AED 600KAED 600,000 · Jun 2025June 2025 | 50,000 /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 |
506, Golf Promenade 2B in numbers
- Sold once: by DAMAC on 17 July 2023 for AED 640,920, or AED 1,217 per sqft.
- Rented since August 2024 on 2 Ejari contracts, from AED 48,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 6,600 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 4 November 2025.
Questions about 506, Golf Promenade 2B
What did unit 506 last sell for?
AED 640,920 on 17 July 2023, sold by the developer: AED 1,217 per sqft for 527 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 45,000 a year on the contract signed on 4 November 2025. The previous contract, from August 2024, was AED 48,000.
How big is unit 506?
527 sqft (49.0 sqm): a studio on the 5th floor of a 12-storey tower completed in 2019.
What is unit 506 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 506, Golf Promenade 2B
Starts from the last sale price (AED 641K, 17 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 640,920
- Deposit, UAE resident (20%)
- AED 128,184
- Deposit, non-resident (40%)
- AED 256,368
- Monthly over 25 years at 3.7%
- AED 2,622
Plus AED 31,929 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →