2-bed · 1,490 sqftGolf Panorama Tower B, Damac Hills · 5th floor · completed 2015

B511, Golf Panorama Tower B

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B511 · DLD and Ejari recordsUpdated 12 March 2026
Last soldAED 1.55M20 May 2018
Current rentAED 120K /yr12 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B511, Golf Panorama Tower B

What is B511 worth today?

Last sold for AED 1,550,000 in 2018

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12 Mar 2026RentedRenewal
AED 120,000/yr12 months · AED 81 per sqft
12 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
12 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
1 Mar 2024RentedRenewal
AED 82,500/yr12 months · AED 56 per sqft
1 Mar 2023RentedRenewal
AED 75,000/yr12 months · AED 50 per sqft
1 Mar 2022RentedRenewal
AED 75,000/yr12 months · AED 50 per sqft
1 Mar 2021RentedNew contract
AED 65,000/yr12 months · AED 44 per sqft
1 Feb 2020RentedRenewal
AED 77,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 12 March 2026.

Key facts

Type
2-bed apartment
Size
1,490 sqft
Floor
5th of 8
Parking
P1-126
Developer
DAMAC
Completed
2015
Service charge
AED 21,000 /yr
Last sold
AED 1.55M · May 2018

About B511, Golf Panorama Tower B

B511 is a two-bedroom apartment of 1,490 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 20 May 2018 for AED 1,550,000, or AED 1,039 per sqft, 4% below the AED 1,082 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 12 March 2026, is AED 120,000 a year: a gross yield of 7.7% on the 2018 price, before the service charge of about AED 21,000 a year.

Sales and rents for B511 over time

Sales
Unit B511, each saleTypical two-bed in Golf Panorama Tower B
1.6M1.8M2013201720212025Typical sale price by year: 2013 AED 1,569,400; 2014 AED 1,644,000; 2023 AED 1,550,000; 2025 AED 1,900,000Sold by developer, May 2018: AED 1,550,000 (AED 1,039 per sqft)

B511 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B511, each contractTypical two-bed in Golf Panorama Tower B
100K2017202020232026Typical rent by year: 2017 AED 110,000; 2018 AED 90,000; 2019 AED 83,000; 2020 AED 74,500; 2021 AED 75,000; 2022 AED 87,500; 2023 AED 96,750; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 126,000New contract, February 2019: AED 83,000 a yearRenewal, February 2020: AED 77,000 a yearNew contract, March 2021: AED 65,000 a yearRenewal, March 2022: AED 75,000 a yearRenewal, March 2023: AED 75,000 a yearRenewal, March 2024: AED 82,500 a yearNew contract, March 2025: AED 120,000 a yearNew contract, March 2025: AED 120,000 a yearRenewal, March 2026: AED 120,000 a year

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

2-beds in Golf Panorama Tower B, and where B511 sits

All 14 2-beds →

B511 last sold in May 2018 at AED 1,039 per sqft, 4% below what two-beds in Golf Panorama Tower B were fetching at the time (AED 1,082). B511's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20252,150,000
20 May 20251,900,000
28 Mar 20251,800,000
7 Aug 20241,555,000
0 2-bed 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
B506StudioAED 657K · Dec 2013
1–7 of 11

B511, Golf Panorama Tower B in numbers

  • Sold once: by DAMAC on 20 May 2018 for AED 1,550,000, or AED 1,039 per sqft.
  • Rented since February 2019 on 9 Ejari contracts. The rent fell from AED 83,000 to AED 65,000 in 2021 and recovered to AED 120,000 by March 2026.
  • At AED 120,000 a year the gross yield on the 2018 price is 7.7%, before a service charge of about AED 21,000 a year (AED 14.09 per sqft).

Source: Dubai Land Department. Updated 12 March 2026.

Questions about B511, Golf Panorama Tower B

What did unit B511 last sell for?

AED 1,550,000 on 20 May 2018, sold by the developer: AED 1,039 per sqft for 1,490 sqft. It is the only registered sale of the unit.

What is the rent for unit B511?

AED 120,000 a year on the contract renewed on 12 March 2026. The previous contract, from March 2025, was AED 120,000; the unit has been rented since February 2019.

How big is unit B511?

1,490 sqft (138.4 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit B511 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 B511, Golf Panorama Tower B

Starts from the last sale price (AED 1.55M, 20 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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