1-bed · 846 sqftGolf Promenade 5A, Damac Hills · 5th floor · completed 2019

A507, Golf Promenade 5A

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

Unit A507 · DLD and Ejari recordsUpdated 14 July 2025
Last soldAED 907K22 December 2022
Current rentAED 67K /yr14 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A507, Golf Promenade 5A

What is A507 worth today?

Last sold for AED 907,000 in 2022

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14 Jul 2025RentedRenewal
AED 67,200/yr12 months · AED 79 per sqft
14 Jul 2024RentedRenewal
AED 64,000/yr12 months · AED 76 per sqft
14 Jul 2023RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
22 Dec 2022Sold by developerReady
AED 907,000AED 1,071 per sqft
1 Jan 2021RentedRenewal
AED 50,160/yr12 months · AED 59 per sqft
1 Jan 2020RentedNew contract
AED 52,800/yr12 months · AED 62 per sqft
30 Sep 2018RentedNew contract
AED 67,000/yr12 months · AED 79 per sqft
30 Aug 2017RentedNew contract
AED 72,500/yr12 months · AED 86 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 July 2025.

Key facts

Type
1-bed apartment
Size
846 sqft
Floor
5th of 9
Parking
B-27
Developer
DAMAC
Completed
2019
Service charge
AED 12,700 /yr
Last sold
AED 907K · December 2022

About A507, Golf Promenade 5A

A507 is a one-bedroom apartment of 846 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 22 December 2022 for AED 907,000, or AED 1,071 per sqft, 4% above the AED 1,031 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 14 July 2025, is AED 67,200 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for A507 over time

Sales
Unit A507, each saleTypical one-bed in Golf Promenade 5A
900K950K2022202320242025Typical sale price by year: 2022 AED 876,500; 2023 AED 872,200; 2024 AED 975,000Sold by developer, December 2022: AED 907,000 (AED 1,071 per sqft)

A507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A507, each contractTypical one-bed in Golf Promenade 5A
60K2017202020232026Typical 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, August 2017: AED 72,500 a yearNew contract, September 2018: AED 67,000 a yearNew contract, January 2020: AED 52,800 a yearRenewal, January 2021: AED 50,160 a yearNew contract, July 2023: AED 60,000 a yearRenewal, July 2024: AED 64,000 a yearRenewal, July 2025: AED 67,200 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 A507 sits

All 40 1-beds →

A507 last sold in December 2022 at AED 1,071 per sqft, 4% above what one-beds in Golf Promenade 5A were fetching at the time (AED 1,031). A507's AED 67,200 is at the bottom 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
A5031-bedAED 829K · Nov 2022
A504StudioAED 536K · Nov 2022
A505StudioAED 691K · Jul 2023
A506StudioAED 575K · Mar 2023
A5081-bedAED 892K · Dec 2022
1–7 of 12

A507, Golf Promenade 5A in numbers

  • Sold once: by DAMAC on 22 December 2022 for AED 907,000, or AED 1,071 per sqft.
  • Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 72,500 to AED 50,160 in 2021 and recovered to AED 67,200 by July 2025.
  • At AED 67,200 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 12,700 a year (AED 15.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 July 2025.

Questions about A507, Golf Promenade 5A

What did unit A507 last sell for?

AED 907,000 on 22 December 2022, sold by the developer: AED 1,071 per sqft for 846 sqft. It is the only registered sale of the unit.

What is the rent for unit A507?

AED 67,200 a year on the contract renewed on 14 July 2025. The previous contract, from July 2024, was AED 64,000; the unit has been rented since August 2017.

How big is unit A507?

846 sqft (78.6 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2019.

What is unit A507 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 A507, Golf Promenade 5A

Starts from the last sale price (AED 907K, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 907,000
Deposit, UAE resident (20%)
AED 181,400
Deposit, non-resident (40%)
AED 362,800
Monthly over 25 years at 3.7%
AED 3,711

Plus AED 43,104 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →