508, Golf Promenade 2B
Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Golf Promenade 2B
What is 508 worth today?
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Source: Dubai Land Department. Updated 26 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 816 sqft
- Floor
- 5th of 12
- Parking
- P1-58
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 10,200 /yr
- Last sold
- AED 1.3M · January 2016
- Building
- Golf Promenade 2B
About 508, Golf Promenade 2B
508 is a one-bedroom apartment of 816 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 11 January 2016 for AED 1,301,500, or AED 1,595 per sqft, 5% above the AED 1,520 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 26 January 2026, is AED 79,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 10,200 a year.
Sales and rents for 508 over time
508 has sold once; 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 508 sits
All 46 1-beds →508 last sold in January 2016 at AED 1,595 per sqft, 5% above what one-beds in Golf Promenade 2B were fetching at the time (AED 1,520). Over the last 12 months one-beds sold for AED 1,100,000, around AED 1,350 per sqft, and rent for AED 72,998 to 83,000 a year. 508's AED 79,000 is in the upper half 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. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,404
- Typical sale
- AED 1.1M
- Typical rent
- AED 60K /yr
- Typical yield
- 7.4%
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 | |
| 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 | |
| 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 |
508, Golf Promenade 2B in numbers
- Sold once: by DAMAC on 11 January 2016 for AED 1,301,500, or AED 1,595 per sqft.
- Rented since March 2024 on 2 Ejari contracts, from AED 75,000 to AED 79,000 a year.
- At AED 79,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 10,200 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 1,404 per sqft.
Source: Dubai Land Department. Updated 26 January 2026.
Questions about 508, Golf Promenade 2B
What did unit 508 last sell for?
AED 1,301,500 on 11 January 2016, sold by the developer: AED 1,595 per sqft for 816 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 79,000 a year on the contract signed on 26 January 2026. The previous contract, from March 2024, was AED 75,000.
How big is unit 508?
816 sqft (75.8 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.
What is unit 508 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 1,350 per sqft.
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Mortgage on 508, Golf Promenade 2B
Starts from the last sale price (AED 1.3M, 11 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,301,500
- Deposit, UAE resident (20%)
- AED 260,300
- Deposit, non-resident (40%)
- AED 520,600
- Monthly over 25 years at 3.7%
- AED 5,325
Plus AED 59,673 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →