Studio · 520 sqftGolf Terrace B, Damac Hills · 5th floor · completed 2016

B506, Golf Terrace B

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B506 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 585K8 August 2024
Current rentAED 62K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B506, Golf Terrace B

What is B506 worth today?

Last sold for AED 585,000 in 2024

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5 Sep 2025RentedNew contract
AED 62,000/yr12 months · AED 120 per sqft
21 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft
8 Aug 2024SoldReady
AED 585,000AED 1,125 per sqft
20 Sep 2023RentedRenewal
AED 33,714/yr11 months · AED 65 per sqft
20 Sep 2022RentedRenewal
AED 35,000/yr12 months · AED 68 per sqft
20 Sep 2021RentedRenewal
AED 35,000/yr12 months · AED 68 per sqft
20 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft
1 May 2019RentedRenewal
AED 42,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
5th of 8
Parking
P1-117
Developer
DAMAC
Completed
2016
Service charge
AED 7,100 /yr
Last sold
AED 585K · August 2024

About B506, Golf Terrace B

B506 is a studio of 520 sqft on the 5th floor of Golf Terrace B, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 8 August 2024 for AED 585,000, or AED 1,125 per sqft, in line with the AED 1,125 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 5 September 2025, is AED 62,000 a year: a gross yield of 10.6% on the 2024 price, before the service charge of about AED 7,100 a year.

Sales and rents for B506 over time

Sales
Unit B506, each saleTypical studio in Golf Terrace B
500K1M2014201720202023Typical sale price by year: 2014 AED 1,044,050; 2016 AED 1,032,238; 2023 AED 500,000; 2024 AED 585,000Sold by developer, July 2016: AED 1,101,404 (AED 2,118 per sqft)Sold, August 2024: AED 585,000 (AED 1,125 per sqft)

B506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B506, each contractTypical studio in Golf Terrace B
40K60K2018202120242027Typical rent by year: 2018 AED 46,500; 2019 AED 42,000; 2020 AED 33,500; 2021 AED 33,600; 2022 AED 35,500; 2023 AED 40,500; 2024 AED 50,000; 2025 AED 51,000; 2026 AED 59,000New contract, April 2018: AED 41,884 a yearRenewal, May 2019: AED 42,000 a yearNew contract, September 2020: AED 35,000 a yearRenewal, September 2021: AED 35,000 a yearRenewal, September 2022: AED 35,000 a yearRenewal, September 2023: AED 33,714 a yearNew contract, November 2024: AED 60,000 a yearNew contract, September 2025: AED 62,000 a year

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

Studios in Golf Terrace B, and where B506 sits

All 20 studios →

B506 last sold in August 2024 at AED 1,125 per sqft, in line with what studios in Golf Terrace B were fetching at the time (AED 1,125). B506's AED 62,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
31 May 2024830,000
29 Feb 2024500,000
29 Nov 2023555,000
24 Oct 2023500,000
0 studio sales in the last 12 months

Golf Terrace B

Building

75 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2016 by DAMAC. 1 sold in the last 12 months.

Typical price per sqft
AED 1,323
Typical sale
AED 2.7M
Typical rent
AED 66K /yr
Typical yield
7.5%
Golf Terrace B, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 75 units in Golf Terrace B
Value
B5013-bedAED 3.2M · Oct 2017
B5023-bedAED 1.95M · Oct 2023
B5031-bedAED 1.15M · Dec 2024
B504StudioAED 1M · Mar 2014
B505StudioAED 460K · Feb 2023
B5071-bedAED 1.53M · Feb 2015
B5081-bedAED 1.1M · Nov 2019
1–7 of 10

B506, Golf Terrace B in numbers

  • Sold twice: first on 25 July 2016 for AED 1,101,404, last on 8 August 2024 for AED 585,000 (AED 1,125 per sqft).
  • Rented since April 2018 on 8 Ejari contracts. The rent fell from AED 41,884 to AED 33,714 in 2023 and recovered to AED 62,000 by September 2025.
  • At AED 62,000 a year the gross yield on the 2024 price is 10.6%, before a service charge of about AED 7,100 a year (AED 13.65 per sqft).

Source: Dubai Land Department. Updated 5 September 2025.

Questions about B506, Golf Terrace B

What did unit B506 last sell for?

AED 585,000 on 8 August 2024: AED 1,125 per sqft for 520 sqft. The unit has 2 registered sales; the first was AED 1,101,404 in July 2016.

What is the rent for unit B506?

AED 62,000 a year on the contract signed on 5 September 2025. The previous contract, from November 2024, was AED 60,000; the unit has been rented since April 2018.

How big is unit B506?

520 sqft (48.3 sqm): a studio on the 5th floor of a 8-storey tower completed in 2016.

What is unit B506 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 B506, Golf Terrace B

Starts from the last sale price (AED 585K, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

Plus AED 29,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →