512, Golf Promenade 2B
Sold prices and rental history: sold once, by the developer in June 2015, 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 512, Golf Promenade 2B
What is 512 worth today?
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Source: Dubai Land Department. Updated 10 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 471 sqft
- Floor
- 5th of 12
- Parking
- P1-63
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 5,900 /yr
- Last sold
- AED 734K · June 2015
- Building
- Golf Promenade 2B
About 512, Golf Promenade 2B
512 is a studio of 471 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 4 June 2015 for AED 734,350, or AED 1,558 per sqft, in line with the AED 1,573 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 February 2025, is AED 47,000 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 5,900 a year.
Sales and rents for 512 over time
512 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 512 sits
All 40 studios →512 last sold in June 2015 at AED 1,558 per sqft, in line with what studios in Golf Promenade 2B were fetching at the time (AED 1,573). 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. 512's AED 47,000 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 | |
| 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 | |
| 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 |
512, Golf Promenade 2B in numbers
- Sold once: by DAMAC on 4 June 2015 for AED 734,350, or AED 1,558 per sqft.
- Rented since May 2021 on 4 Ejari contracts, from AED 27,000 to AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2015 price is 6.4%, before a service charge of about AED 5,900 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 10 February 2025.
Questions about 512, Golf Promenade 2B
What did unit 512 last sell for?
AED 734,350 on 4 June 2015, sold by the developer: AED 1,558 per sqft for 471 sqft. It is the only registered sale of the unit.
What is the rent for unit 512?
AED 47,000 a year on the contract signed on 10 February 2025. The previous contract, from May 2023, was AED 35,000; the unit has been rented since May 2021.
How big is unit 512?
471 sqft (43.8 sqm): a studio on the 5th floor of a 12-storey tower completed in 2019.
What is unit 512 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 512, Golf Promenade 2B
Starts from the last sale price (AED 734K, 4 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 734,350
- Deposit, UAE resident (20%)
- AED 146,870
- Deposit, non-resident (40%)
- AED 293,740
- Monthly over 25 years at 3.7%
- AED 3,004
Plus AED 35,853 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →