1-bed · 806 sqftGolf Promenade 5A, Damac Hills · 5th floor · completed 2019

A503, Golf Promenade 5A

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A503 · DLD and Ejari recordsUpdated 12 February 2025
Last soldAED 829K18 November 2022
Current rentAED 86K /yr12 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A503, Golf Promenade 5A

What is A503 worth today?

Last sold for AED 829,440 in 2022

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12 Feb 2025RentedNew contract
AED 86,000/yr12 months · AED 107 per sqft
13 Oct 2023RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
18 Nov 2022Sold by developerReady
AED 829,440AED 1,028 per sqft
13 Oct 2022RentedNew contract
AED 57,000/yr12 months · AED 71 per sqft
18 Jul 2020RentedRenewal
AED 50,000/yr12 months · AED 62 per sqft
18 Jul 2019RentedRenewal
AED 62,000/yr12 months · AED 77 per sqft
18 Jun 2017RentedNew contract
AED 74,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 12 February 2025.

Key facts

Type
1-bed apartment
Size
806 sqft
Floor
5th of 9
Parking
B-23
Developer
DAMAC
Completed
2019
Service charge
AED 12,100 /yr
Last sold
AED 829K · November 2022

About A503, Golf Promenade 5A

A503 is a one-bedroom apartment of 806 sqft on the 5th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 18 November 2022 for AED 829,440, or AED 1,028 per sqft, in line with the AED 1,024 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 12 February 2025, is AED 86,000 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 12,100 a year.

Sales and rents for A503 over time

Sales
Unit A503, each saleTypical one-bed in Golf Promenade 5A
900K1M2022202320242025Typical sale price by year: 2022 AED 876,500; 2023 AED 872,200; 2024 AED 975,000Sold by developer, November 2022: AED 829,440 (AED 1,028 per sqft)

A503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A503, each contractTypical one-bed in Golf Promenade 5A
60K80K2017202020232026Typical rent by year: 2017 AED 75,000; 2018 AED 67,000; 2019 AED 60,000; 2020 AED 56,941; 2021 AED 51,000; 2022 AED 53,550; 2023 AED 65,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 75,000New contract, June 2017: AED 74,000 a yearRenewal, July 2019: AED 62,000 a yearRenewal, July 2020: AED 50,000 a yearNew contract, October 2022: AED 57,000 a yearNew contract, October 2023: AED 60,000 a yearNew contract, February 2025: AED 86,000 a year

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 5A, and where A503 sits

All 40 1-beds →

A503 last sold in November 2022 at AED 1,028 per sqft, in line with what one-beds in Golf Promenade 5A were fetching at the time (AED 1,024). A503's AED 86,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jul 20251,100,000
6 Feb 20251,000,000
29 Oct 2024960,000
13 Aug 2024990,000
0 1-bed sales in the last 12 months

Golf Promenade 5A

Building

81 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 1 sold in the last 12 months.

Typical price per sqft
AED 1,568
Typical sale
AED 2.65M
Typical rent
AED 70K /yr
Typical yield
5.9%
Golf Promenade 5A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 81 units in Golf Promenade 5A
Value
A5012-bedAED 2.65M · Jan 2026
A5023-bedAED 1.69M · Nov 2022
A504StudioAED 536K · Nov 2022
A505StudioAED 691K · Jul 2023
A506StudioAED 575K · Mar 2023
A5071-bedAED 907K · Dec 2022
A5081-bedAED 892K · Dec 2022
1–7 of 12

A503, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 18 November 2022 for AED 829,440, or AED 1,028 per sqft.
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 74,000 to AED 50,000 in 2020 and recovered to AED 86,000 by February 2025.
  • At AED 86,000 a year the gross yield on the 2022 price is 10.4%, before a service charge of about AED 12,100 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 12 February 2025.

Questions about A503, Golf Promenade 5A

What did unit A503 last sell for?

AED 829,440 on 18 November 2022, sold by the developer: AED 1,028 per sqft for 806 sqft. It is the only registered sale of the unit.

What is the rent for unit A503?

AED 86,000 a year on the contract signed on 12 February 2025. The previous contract, from October 2023, was AED 60,000; the unit has been rented since June 2017.

How big is unit A503?

806 sqft (74.9 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2019.

What is unit A503 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 A503, Golf Promenade 5A

Starts from the last sale price (AED 829K, 18 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 829,440
Deposit, UAE resident (20%)
AED 165,888
Deposit, non-resident (40%)
AED 331,776
Monthly over 25 years at 3.7%
AED 3,393

Plus AED 39,847 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →