Studio · 501 sqftGolf Panorama Tower B, Damac Hills · 5th floor · completed 2015

B505, Golf Panorama Tower B

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B505 · DLD and Ejari recordsUpdated 4 September 2026
Last soldAED 366K3 January 2023
Current rentAED 48K /yr4 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B505, Golf Panorama Tower B

What is B505 worth today?

Last sold for AED 366,339 in 2023

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4 Sep 2026RentedNew contract
AED 48,000/yr3 months · AED 95 per sqft
15 Nov 2025RentedRenewal
AED 31,000/yr12 months · AED 61 per sqft
15 Nov 2024RentedNew contract
AED 31,000/yr12 months · AED 61 per sqft
15 Nov 2024RentedNew contract
AED 31,000/yr12 months · AED 61 per sqft
3 Jan 2023SoldReady
AED 366,339AED 731 per sqft
1 Dec 2020RentedNew contract
AED 28,000/yr12 months · AED 55 per sqft
15 Feb 2019RentedNew contract
AED 42,000/yr12 months · AED 83 per sqft
15 Feb 2018RentedRenewal
AED 50,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 4 September 2026.

Key facts

Type
Studio apartment
Size
501 sqft
Floor
5th of 8
Parking
P1-112
Developer
DAMAC
Completed
2015
Service charge
AED 7,100 /yr
Last sold
AED 366K · January 2023

About B505, Golf Panorama Tower B

B505 is a studio of 501 sqft on the 5th floor of Golf Panorama Tower B, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. It last sold on 3 January 2023 for AED 366,339, or AED 731 per sqft, 4% below the AED 764 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 4 September 2026, is AED 48,000 a year: a gross yield of 13.1% on the 2023 price, before the service charge of about AED 7,100 a year.

Sales and rents for B505 over time

Sales
Unit B505, each saleTypical studio in Golf Panorama Tower B
400K600K2013201720212025Typical sale price by year: 2013 AED 636,300; 2014 AED 641,725; 2020 AED 360,000; 2023 AED 421,500; 2024 AED 492,500; 2025 AED 590,000; 2026 AED 580,000Sold by developer, May 2014: AED 670,800 (AED 1,338 per sqft)Sold, January 2023: AED 366,339 (AED 731 per sqft)

B505 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B505, each contractTypical studio in Golf Panorama Tower B
40K2017202020232026Typical rent by year: 2017 AED 45,000; 2018 AED 41,500; 2019 AED 38,000; 2020 AED 29,000; 2021 AED 26,000; 2022 AED 29,900; 2023 AED 33,116; 2024 AED 42,000; 2025 AED 44,750; 2026 AED 48,000New contract, February 2017: AED 50,000 a yearRenewal, February 2018: AED 50,000 a yearNew contract, February 2019: AED 42,000 a yearNew contract, December 2020: AED 28,000 a yearNew contract, November 2024: AED 31,000 a yearNew contract, November 2024: AED 31,000 a yearRenewal, November 2025: AED 31,000 a yearNew contract, September 2026: AED 48,000 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 B, and where B505 sits

All 24 studios →

B505 last sold in January 2023 at AED 731 per sqft, 4% below what studios in Golf Panorama Tower B were fetching at the time (AED 764). Over the last 12 months studios sold for AED 500,000 to 660,000, around AED 1,082 per sqft, and rent for AED 31,000 to 56,000 a year. B505's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Jul 2026500,000
24 Apr 2026580,000
4 Mar 2026660,000
19 Dec 2025615,000
4 studio sales in the last 12 months

Golf Panorama Tower B

Building

80 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2015 by DAMAC. 7 sold in the last 12 months.

Typical price per sqft
AED 1,164
Typical sale
AED 660K
Typical rent
AED 73K /yr
Typical yield
7.5%
Golf Panorama Tower B, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 80 units in Golf Panorama Tower B
Value
B501A3-bedAED 1.58M · Oct 2023
B501B1-bedAED 989K · Dec 2014
B5023-bedAED 1.43M · Jun 2021
B5031-bedAED 635K · May 2021
B504StudioAED 400K · Sep 2018
B506StudioAED 657K · Dec 2013
B5071-bedAED 980K · Jul 2024
1–7 of 11

B505, Golf Panorama Tower B in numbers

  • Sold twice: first on 7 May 2014 for AED 670,800, last on 3 January 2023 for AED 366,339 (AED 731 per sqft).
  • Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 28,000 in 2020 and recovered to AED 48,000 by September 2026.
  • At AED 48,000 a year the gross yield on the 2023 price is 13.1%, before a service charge of about AED 7,100 a year (AED 14.09 per sqft).
  • Studios in Golf Panorama Tower B sold for AED 500,000–660,000 in the 12 months to November 2026; the building's median across all types is AED 1,164 per sqft.

Source: Dubai Land Department. Updated 4 September 2026.

Questions about B505, Golf Panorama Tower B

What did unit B505 last sell for?

AED 366,339 on 3 January 2023: AED 731 per sqft for 501 sqft. The unit has 2 registered sales; the first was AED 670,800 in May 2014.

What is the rent for unit B505?

AED 48,000 a year on the contract signed on 4 September 2026. The previous contract, from November 2025, was AED 31,000; the unit has been rented since February 2017.

How big is unit B505?

501 sqft (46.5 sqm): a studio on the 5th floor of a 8-storey tower completed in 2015.

What is unit B505 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 B sold for AED 500,000 to 660,000 in the last 12 months, around AED 1,082 per sqft.

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Mortgage on B505, Golf Panorama Tower B

Starts from the last sale price (AED 366K, 3 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 366,339
Deposit, UAE resident (20%)
AED 73,268
Deposit, non-resident (40%)
AED 146,536
Monthly over 25 years at 3.7%
AED 1,499

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