Studio · 493 sqftGolf Promenade 3A, Damac Hills · 5th floor · completed 2019

A504, Golf Promenade 3A

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A504 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 745K28 July 2015
Current rentAED 49K /yr2 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A504, Golf Promenade 3A

What is A504 worth today?

Last sold for AED 744,800 in 2015

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2 Jun 2025RentedNew contract
AED 49,000/yr12 months · AED 99 per sqft
25 Aug 2024RentedRenewal
AED 42,500/yr12 months · AED 86 per sqft
25 Aug 2023RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
1 Sep 2021RentedNew contract
AED 23,000/yr12 months · AED 46 per sqft
15 Aug 2020RentedNew contract
AED 23,000/yr12 months · AED 46 per sqft
15 Jul 2020RentedNew contract
AED 23,000/yr12 months · AED 46 per sqft
1 Apr 2019RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
18 Jan 2018RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
Studio apartment
Size
493 sqft
Floor
5th of 9
Parking
B-24
Developer
DAMAC
Completed
2019
Service charge
AED 7,400 /yr
Last sold
AED 745K · July 2015

About A504, Golf Promenade 3A

A504 is a studio of 493 sqft on the 5th floor of Golf Promenade 3A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 28 July 2015 for AED 744,800, or AED 1,510 per sqft, in line with the AED 1,510 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 2 June 2025, is AED 49,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 7,400 a year.

Sales and rents for A504 over time

Sales
Unit A504, each saleTypical studio in Golf Promenade 3A
600K2015201820212024Typical sale price by year: 2015 AED 729,600; 2017 AED 693,000; 2018 AED 708,000; 2023 AED 508,824Sold by developer, July 2015: AED 744,800 (AED 1,510 per sqft)

A504 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A504, each contractTypical studio in Golf Promenade 3A
20K40K20182020202220242026Typical rent by year: 2018 AED 42,000; 2019 AED 35,500; 2020 AED 28,500; 2021 AED 26,000; 2022 AED 29,500; 2023 AED 33,500; 2024 AED 40,000; 2025 AED 45,000New contract, January 2018: AED 42,000 a yearNew contract, April 2019: AED 35,000 a yearNew contract, July 2020: AED 23,000 a yearNew contract, August 2020: AED 23,000 a yearNew contract, September 2021: AED 23,000 a yearNew contract, August 2023: AED 40,000 a yearRenewal, August 2024: AED 42,500 a yearNew contract, June 2025: AED 49,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Golf Promenade 3A, and where A504 sits

All 18 studios →

A504 last sold in July 2015 at AED 1,510 per sqft, in line with what studios in Golf Promenade 3A were fetching at the time (AED 1,510). Over the last 12 months studios sold for AED 577,033 to 625,000, around AED 1,019 per sqft, and rent for AED 38,000 to 65,000 a year. A504's AED 49,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Feb 2025485,000
6 Nov 2023480,000
26 Sep 2023537,647
17 Jul 2023720,000
2 studio sales in the last 12 months

Golf Promenade 3A

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 1,094
Typical sale
AED 863K
Typical rent
AED 70K /yr
Typical yield
7.6%
Golf Promenade 3A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 82 units in Golf Promenade 3A
Value
A5012-bedAED 2.36M · Oct 2015
A5023-bedAED 2.48M · Aug 2015
A5031-bedAED 890K · Feb 2024
A505AED 585K · Aug 2025
A506StudioAED 707K · Jun 2018
A5071-bedAED 1.21M · Dec 2015
A5081-bedAED 820K · Dec 2023
1–7 of 12

A504, Golf Promenade 3A in numbers

  • Sold once: by DAMAC on 28 July 2015 for AED 744,800, or AED 1,510 per sqft.
  • Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 23,000 in 2021 and recovered to AED 49,000 by June 2025.
  • At AED 49,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 7,400 a year (AED 15.00 per sqft).
  • Studios in Golf Promenade 3A sold for AED 577,033–625,000 in the 12 months to November 2026; the building's median across all types is AED 1,094 per sqft.

Source: Dubai Land Department. Updated 2 June 2025.

Questions about A504, Golf Promenade 3A

What did unit A504 last sell for?

AED 744,800 on 28 July 2015, sold by the developer: AED 1,510 per sqft for 493 sqft. It is the only registered sale of the unit.

What is the rent for unit A504?

AED 49,000 a year on the contract signed on 2 June 2025. The previous contract, from August 2024, was AED 42,500; the unit has been rented since January 2018.

How big is unit A504?

493 sqft (45.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2019.

What is unit A504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 3A sold for AED 577,033 to 625,000 in the last 12 months, around AED 1,019 per sqft.

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Mortgage on A504, Golf Promenade 3A

Starts from the last sale price (AED 745K, 28 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 744,800
Deposit, UAE resident (20%)
AED 148,960
Deposit, non-resident (40%)
AED 297,920
Monthly over 25 years at 3.7%
AED 3,047

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →