511, Golf Promenade 2B
Sold prices and rental history: sold twice, last in April 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Golf Promenade 2B
What is 511 worth today?
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Source: Dubai Land Department. Updated 21 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 489 sqft
- Floor
- 5th of 12
- Parking
- P1-61
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 6,100 /yr
- Last sold
- AED 596K · April 2023
- Building
- Golf Promenade 2B
About 511, Golf Promenade 2B
511 is a studio of 489 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 17 April 2023 for AED 595,840, or AED 1,217 per sqft, 11% above the AED 1,093 studios in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 21 January 2026, is AED 60,000 a year: a gross yield of 10.1% on the 2023 price, before the service charge of about AED 6,100 a year.
Sales and rents for 511 over time
511 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 511 sits
All 40 studios →511 last sold in April 2023 at AED 1,217 per sqft, 11% above what studios in Golf Promenade 2B were fetching at the time (AED 1,093). 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. 511's AED 60,000 is at the top 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. 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 | |
| 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 | |
| 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 |
511, Golf Promenade 2B in numbers
- Sold twice: first on 4 June 2015 for AED 757,150, last on 17 April 2023 for AED 595,840 (AED 1,217 per sqft).
- Rented since January 2025 on 3 Ejari contracts, from AED 58,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 10.1%, before a service charge of about AED 6,100 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 1,404 per sqft.
Source: Dubai Land Department. Updated 21 January 2026.
Questions about 511, Golf Promenade 2B
What did unit 511 last sell for?
AED 595,840 on 17 April 2023: AED 1,217 per sqft for 489 sqft. The unit has 2 registered sales; the first was AED 757,150 in June 2015.
What is the rent for unit 511?
AED 60,000 a year on the contract renewed on 21 January 2026. The previous contract, from January 2025, was AED 58,000; the unit has been rented since January 2025.
How big is unit 511?
489 sqft (45.4 sqm): a studio on the 5th floor of a 12-storey tower completed in 2019.
What is unit 511 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 511, Golf Promenade 2B
Starts from the last sale price (AED 596K, 17 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 595,840
- Deposit, UAE resident (20%)
- AED 119,168
- Deposit, non-resident (40%)
- AED 238,336
- Monthly over 25 years at 3.7%
- AED 2,438
Plus AED 30,036 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →