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

B506, Golf Panorama Tower B

Sold prices and rental history: sold once, by the developer in December 2013, 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 17 May 2025
Last soldAED 657K4 December 2013
Current rentAED 42K /yr17 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B506, Golf Panorama Tower B

What is B506 worth today?

Last sold for AED 657,300 in 2013

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17 May 2025RentedNew contract
AED 42,000/yr12 months · AED 81 per sqft
7 Apr 2024RentedNew contract
AED 31,000/yr12 months · AED 60 per sqft
7 Apr 2023RentedRenewal
AED 29,000/yr12 months · AED 56 per sqft
7 Apr 2022RentedRenewal
AED 27,000/yr12 months · AED 52 per sqft
7 Apr 2021RentedNew contract
AED 27,000/yr12 months · AED 52 per sqft
1 Nov 2018RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
15 Feb 2018RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
4 Dec 2013Sold by developerOff-plan
AED 657,300AED 1,270 per sqft

Source: Dubai Land Department. Updated 17 May 2025.

Key facts

Type
Studio apartment
Size
517 sqft
Floor
5th of 8
Parking
P1-100
Developer
DAMAC
Completed
2015
Service charge
AED 7,300 /yr
Last sold
AED 657K · December 2013

About B506, Golf Panorama Tower B

B506 is a studio of 517 sqft on the 5th floor of Golf Panorama Tower B, a 8-storey tower in Damac Hills completed in 2015 by DAMAC. The developer sold it on 4 December 2013 for AED 657,300, or AED 1,270 per sqft, in line with the AED 1,287 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 17 May 2025, is AED 42,000 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 7,300 a year.

Sales and rents for B506 over time

Sales
Unit B506, 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, December 2013: AED 657,300 (AED 1,270 per sqft)

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

Rents
Unit B506, each contractTypical studio in Golf Panorama Tower B
30K40K50K2017202020232026Typical 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 2018: AED 48,000 a yearNew contract, November 2018: AED 40,000 a yearNew contract, April 2021: AED 27,000 a yearRenewal, April 2022: AED 27,000 a yearRenewal, April 2023: AED 29,000 a yearNew contract, April 2024: AED 31,000 a yearNew contract, May 2025: AED 42,000 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 B506 sits

All 24 studios →

B506 last sold in December 2013 at AED 1,270 per sqft, in line with what studios in Golf Panorama Tower B were fetching at the time (AED 1,287). 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. B506's AED 42,000 is in the lower 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
B505StudioAED 366K · Jan 2023
B5071-bedAED 980K · Jul 2024
1–7 of 11

B506, Golf Panorama Tower B in numbers

  • Sold once: by DAMAC on 4 December 2013 for AED 657,300, or AED 1,270 per sqft.
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 27,000 in 2022 and recovered to AED 42,000 by May 2025.
  • At AED 42,000 a year the gross yield on the 2013 price is 6.4%, before a service charge of about AED 7,300 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 17 May 2025.

Questions about B506, Golf Panorama Tower B

What did unit B506 last sell for?

AED 657,300 on 4 December 2013, sold by the developer: AED 1,270 per sqft for 517 sqft. It is the only registered sale of the unit.

What is the rent for unit B506?

AED 42,000 a year on the contract signed on 17 May 2025. The previous contract, from April 2024, was AED 31,000; the unit has been rented since February 2018.

How big is unit B506?

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

What is unit B506 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 B506, Golf Panorama Tower B

Starts from the last sale price (AED 657K, 4 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 657,300
Deposit, UAE resident (20%)
AED 131,460
Deposit, non-resident (40%)
AED 262,920
Monthly over 25 years at 3.7%
AED 2,689

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