2-bed · 1,358 sqftGolf Promenade 2A, Damac Hills · 5th floor · completed 2019

501, Golf Promenade 2A

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 28 September 2026
Last soldAED 2.09M17 August 2015
Current rentAED 110K /yr28 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Golf Promenade 2A

What is 501 worth today?

Last sold for AED 2,089,620 in 2015

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28 Sep 2026RentedNew contract
AED 110,000/yr12 months · AED 81 per sqft
1 Jul 2025RentedNew contract
AED 160,000/yr12 months · AED 118 per sqft
1 Jul 2025RentedNew contract
AED 160,000/yr12 months · AED 118 per sqft
1 Jun 2024RentedNew contract
AED 150,000/yr12 months · AED 111 per sqft
1 Jan 2024RentedRenewal
AED 99,270/yr4 months · AED 73 per sqft
1 Jan 2023RentedRenewal
AED 100,000/yr12 months · AED 74 per sqft
1 Jan 2022RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
17 Aug 2015Sold by developerOff-plan
AED 2,089,620AED 1,538 per sqft

Source: Dubai Land Department. Updated 28 September 2026.

Key facts

Type
2-bed apartment
Size
1,358 sqft
Floor
5th of 12
Parking
G-01
Developer
DAMAC
Completed
2019
Service charge
AED 16,900 /yr
Last sold
AED 2.09M · August 2015

About 501, Golf Promenade 2A

501 is a two-bedroom apartment of 1,358 sqft on the 5th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 17 August 2015 for AED 2,089,620, or AED 1,538 per sqft, in line with the AED 1,538 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, signed on 28 September 2026, is AED 110,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 16,900 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Golf Promenade 2A
1.5M2M2015201820212024Typical sale price by year: 2015 AED 2,157,825; 2019 AED 1,423,200; 2021 AED 1,282,500; 2022 AED 1,436,800; 2023 AED 1,700,000; 2024 AED 1,850,000Sold by developer, August 2015: AED 2,089,620 (AED 1,538 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Golf Promenade 2A
100K150K2021202320252027Typical rent by year: 2021 AED 82,500; 2022 AED 100,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 120,000New contract, January 2022: AED 100,000 a yearRenewal, January 2023: AED 100,000 a yearRenewal, January 2024: AED 99,270 a yearNew contract, June 2024: AED 150,000 a yearNew contract, July 2025: AED 160,000 a yearNew contract, July 2025: AED 160,000 a yearNew contract, September 2026: AED 110,000 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 Promenade 2A, and where 501 sits

All 21 2-beds →

501 last sold in August 2015 at AED 1,538 per sqft, in line with what two-beds in Golf Promenade 2A were fetching at the time (AED 1,538). 501's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Dec 20242,050,000
23 Jul 20241,900,000
4 Jun 20241,800,000
27 May 20241,625,000
0 2-bed sales in the last 12 months

Golf Promenade 2A

Building

124 apartments, studios to 3-bed over 12 floors in Damac Hills, completed in 2019 by DAMAC. 8 sold in the last 12 months.

Typical price per sqft
AED 1,139
Typical sale
AED 728K
Typical rent
AED 69K /yr
Typical yield
8.0%
Golf Promenade 2A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 124 units in Golf Promenade 2A
Value
502StudioAED 363K · Oct 2021
5031-bedAED 950K · May 2024
504StudioAED 580K · Oct 2025
505StudioAED 500K · Nov 2023
506StudioAED 823K · Oct 2015
5071-bedAED 875K · Apr 2022
5081-bedAED 1.17M · Sep 2018
1–7 of 14

501, Golf Promenade 2A in numbers

  • Sold once: by DAMAC on 17 August 2015 for AED 2,089,620, or AED 1,538 per sqft.
  • Rented since January 2022 on 7 Ejari contracts, from AED 100,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 16,900 a year (AED 12.48 per sqft).

Source: Dubai Land Department. Updated 28 September 2026.

Questions about 501, Golf Promenade 2A

What did unit 501 last sell for?

AED 2,089,620 on 17 August 2015, sold by the developer: AED 1,538 per sqft for 1,358 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 110,000 a year on the contract signed on 28 September 2026. The previous contract, from July 2025, was AED 160,000; the unit has been rented since January 2022.

How big is unit 501?

1,358 sqft (126.2 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.

What is unit 501 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 501, Golf Promenade 2A

Starts from the last sale price (AED 2.09M, 17 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,089,620
Deposit, UAE resident (20%)
AED 417,924
Deposit, non-resident (40%)
AED 835,848
Monthly over 25 years at 3.7%
AED 8,549

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