Studio · 517 sqftGolf Panorama Tower A, Damac Hills · 5th floor · completed 2015

A506, Golf Panorama Tower A

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A506 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 690K7 May 2014
Current rentAED 40K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A506, Golf Panorama Tower A

What is A506 worth today?

Last sold for AED 689,700 in 2014

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25 Sep 2025RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
25 Sep 2024RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
25 Sep 2023RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
3 May 2019RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
11 May 2018RentedRenewal
AED 45,000/yr12 months · AED 87 per sqft
11 May 2017RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
7 May 2014Sold by developerOff-plan
AED 689,700AED 1,333 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
Studio apartment
Size
517 sqft
Floor
5th of 8
Parking
G-74
Developer
DAMAC
Completed
2015
Service charge
AED 7,300 /yr
Last sold
AED 690K · May 2014

About A506, Golf Panorama Tower A

A506 is a studio of 517 sqft on the 5th floor of Golf Panorama Tower A, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. The developer sold it on 7 May 2014 for AED 689,700, or AED 1,333 per sqft, in line with the AED 1,333 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 40,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 7,300 a year.

Sales and rents for A506 over time

Sales
Unit A506, each saleTypical studio in Golf Panorama Tower A
400K600K2013201720212025Typical sale price by year: 2013 AED 651,700; 2014 AED 670,700; 2017 AED 600,000; 2019 AED 440,000; 2025 AED 595,000Sold by developer, May 2014: AED 689,700 (AED 1,333 per sqft)

A506 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A506, each contractTypical studio in Golf Panorama Tower A
30K40K50K2017202020232026Typical rent by year: 2017 AED 43,000; 2018 AED 39,500; 2019 AED 34,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 28,500; 2023 AED 35,500; 2024 AED 35,700; 2025 AED 44,000; 2026 AED 48,000New contract, May 2017: AED 45,000 a yearRenewal, May 2018: AED 45,000 a yearNew contract, May 2019: AED 33,000 a yearNew contract, September 2023: AED 40,000 a yearRenewal, September 2024: AED 40,000 a yearRenewal, September 2025: AED 40,000 a year

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

Studios in Golf Panorama Tower A, and where A506 sits

All 24 studios →

A506 last sold in May 2014 at AED 1,333 per sqft, in line with what studios in Golf Panorama Tower A were fetching at the time (AED 1,333). Over the last 12 months studios sold for AED 650,000 to 670,000, around AED 1,285 per sqft, and rent for AED 34,860 to 65,000 a year. A506's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Jul 2026650,000
3 Jun 2026670,000
7 Aug 2025660,000
7 Aug 2025450,000
2 studio sales in the last 12 months

Golf Panorama Tower A

Building

80 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2015 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 1,331
Typical sale
AED 890K
Typical rent
AED 68K /yr
Typical yield
6.6%
Golf Panorama Tower A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 80 units in Golf Panorama Tower A
Value
A501A3-bedAED 1.26M · May 2021
A501B1-bedAED 875K · Dec 2024
A5023-bedAED 2.25M · Sep 2024
A5031-bedAED 670K · Dec 2018
A504StudioAED 550K · Jun 2025
A505StudioAED 600K · Sep 2024
A5071-bedAED 815K · Dec 2023
1–7 of 11

A506, Golf Panorama Tower A in numbers

  • Sold once: by DAMAC on 7 May 2014 for AED 689,700, or AED 1,333 per sqft.
  • Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 33,000 in 2019 and recovered to AED 40,000 by September 2025.
  • At AED 40,000 a year the gross yield on the 2014 price is 5.8%, before a service charge of about AED 7,300 a year (AED 14.09 per sqft).
  • Studios in Golf Panorama Tower A sold for AED 650,000–670,000 in the 12 months to November 2026; the building's median across all types is AED 1,331 per sqft.

Source: Dubai Land Department. Updated 25 September 2025.

Questions about A506, Golf Panorama Tower A

What did unit A506 last sell for?

AED 689,700 on 7 May 2014, sold by the developer: AED 1,333 per sqft for 517 sqft. It is the only registered sale of the unit.

What is the rent for unit A506?

AED 40,000 a year on the contract renewed on 25 September 2025. The previous contract, from September 2024, was AED 40,000; the unit has been rented since May 2017.

How big is unit A506?

517 sqft (48.0 sqm): a studio on the 5th floor of a 8-storey tower completed in 2015.

What is unit A506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Panorama Tower A sold for AED 650,000 to 670,000 in the last 12 months, around AED 1,285 per sqft.

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Mortgage on A506, Golf Panorama Tower A

Starts from the last sale price (AED 690K, 7 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 689,700
Deposit, UAE resident (20%)
AED 137,940
Deposit, non-resident (40%)
AED 275,880
Monthly over 25 years at 3.7%
AED 2,822

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