514, Golf Promenade 2B
Sold prices and rental history: sold twice, last in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 514, Golf Promenade 2B
What is 514 worth today?
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Source: Dubai Land Department. Updated 24 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,386 sqft
- Floor
- 5th of 12
- Parking
- P1-65
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 17,300 /yr
- Last sold
- AED 1.65M · April 2024
- Building
- Golf Promenade 2B
About 514, Golf Promenade 2B
514 is a two-bedroom apartment of 1,386 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 24 April 2024 for AED 1,650,000, or AED 1,190 per sqft, 24% above the AED 958 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 12 August 2023, is AED 110,250 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 17,300 a year.
Sales and rents for 514 over time
514 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Golf Promenade 2B, and where 514 sits
All 21 2-beds →514 last sold in April 2024 at AED 1,190 per sqft, 24% above what two-beds in Golf Promenade 2B were fetching at the time (AED 958).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202422 October 2024 | 1,526 sqft | 1,760,000 | 1,153 | ||
| 3 Apr 20243 April 2024 | 2,034 sqft | 1,950,000 | 958 | ||
| 19 Jul 202319 July 2023 | 1,717 sqft | 1,350,000 | 786 | ||
| 1 Mar 20231 March 2023 | 1,358 sqft | 1,450,000 | 1,067 |
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 | |
| 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 | |
| 511A | 1-bed | 819 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 66,000 /yr |
514, Golf Promenade 2B in numbers
- Sold twice: first on 14 November 2021 for AED 1,378,300, last on 24 April 2024 for AED 1,650,000 (AED 1,190 per sqft).
- Rented since August 2022 on 2 Ejari contracts, from AED 105,000 to AED 110,250 a year.
- At AED 110,250 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 17,300 a year (AED 12.48 per sqft).
Source: Dubai Land Department. Updated 24 April 2024.
Questions about 514, Golf Promenade 2B
What did unit 514 last sell for?
AED 1,650,000 on 24 April 2024: AED 1,190 per sqft for 1,386 sqft. The unit has 2 registered sales; the first was AED 1,378,300 in November 2021.
What is the rent for unit 514?
AED 110,250 a year on the contract renewed on 12 August 2023. The previous contract, from August 2022, was AED 105,000.
How big is unit 514?
1,386 sqft (128.8 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.
What is unit 514 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 514, Golf Promenade 2B
Starts from the last sale price (AED 1.65M, 24 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →