Studio · 329 sqftGolf Promenade 2A, Damac Hills · 5th floor · completed 2019

502, Golf Promenade 2A

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 26 December 2025
Last soldAED 363K27 October 2021
Current rentAED 36K /yr26 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Golf Promenade 2A

What is 502 worth today?

Last sold for AED 362,500 in 2021

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26 Dec 2025RentedRenewal
AED 36,000/yr12 months · AED 109 per sqft
26 Dec 2024RentedRenewal
AED 35,000/yr12 months · AED 106 per sqft
26 Dec 2023RentedRenewal
AED 32,000/yr12 months · AED 97 per sqft
26 Dec 2022RentedNew contract
AED 29,000/yr12 months · AED 88 per sqft
26 Dec 2021RentedNew contract
AED 26,000/yr12 months · AED 78 per sqft
27 Oct 2021SoldReady
AED 362,500AED 1,102 per sqft
11 Aug 2015Sold by developerOff-plan
AED 530,100AED 1,611 per sqft

Source: Dubai Land Department. Updated 26 December 2025.

Key facts

Type
Studio apartment
Size
329 sqft
Floor
5th of 12
Parking
G-03
Developer
DAMAC
Completed
2019
Service charge
AED 4,100 /yr
Last sold
AED 363K · October 2021

About 502, Golf Promenade 2A

502 is a studio of 329 sqft on the 5th floor of Golf Promenade 2A, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 27 October 2021 for AED 362,500, or AED 1,102 per sqft, 47% above the AED 748 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 26 December 2025, is AED 36,000 a year: a gross yield of 9.9% on the 2021 price, before the service charge of about AED 4,100 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Golf Promenade 2A
500K750K2014201820222026Typical sale price by year: 2014 AED 886,825; 2015 AED 752,400; 2021 AED 362,500; 2022 AED 526,710; 2023 AED 550,000; 2024 AED 580,000; 2025 AED 600,000; 2026 AED 600,000Sold by developer, August 2015: AED 530,100 (AED 1,611 per sqft)Sold, October 2021: AED 362,500 (AED 1,102 per sqft)

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

Rents
Unit 502, each contractTypical studio in Golf Promenade 2A
30K40K2021202320252027Typical rent by year: 2021 AED 30,000; 2022 AED 33,300; 2023 AED 38,000; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 45,000New contract, December 2021: AED 26,000 a yearNew contract, December 2022: AED 29,000 a yearRenewal, December 2023: AED 32,000 a yearRenewal, December 2024: AED 35,000 a yearRenewal, December 2025: AED 36,000 a year

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

Studios in Golf Promenade 2A, and where 502 sits

All 42 studios →

502 last sold in October 2021 at AED 1,102 per sqft, 47% above what studios in Golf Promenade 2A were fetching at the time (AED 748). Over the last 12 months studios sold for AED 600,000 to 855,000, around AED 1,143 per sqft, and rent for AED 35,000 to 56,000 a year. 502's AED 36,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Aug 2026600,000
23 Jul 2026600,000
8 Apr 2026855,000
18 Feb 2026600,000
5 studio 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
5012-bedAED 2.09M · Aug 2015
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

502, Golf Promenade 2A in numbers

  • Sold twice: first on 11 August 2015 for AED 530,100, last on 27 October 2021 for AED 362,500 (AED 1,102 per sqft).
  • Rented since December 2021 on 5 Ejari contracts, from AED 26,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2021 price is 9.9%, before a service charge of about AED 4,100 a year (AED 12.48 per sqft).
  • Studios in Golf Promenade 2A sold for AED 600,000–855,000 in the 12 months to November 2026; the building's median across all types is AED 1,139 per sqft.

Source: Dubai Land Department. Updated 26 December 2025.

Questions about 502, Golf Promenade 2A

What did unit 502 last sell for?

AED 362,500 on 27 October 2021: AED 1,102 per sqft for 329 sqft. The unit has 2 registered sales; the first was AED 530,100 in August 2015.

What is the rent for unit 502?

AED 36,000 a year on the contract renewed on 26 December 2025. The previous contract, from December 2024, was AED 35,000; the unit has been rented since December 2021.

How big is unit 502?

329 sqft (30.6 sqm): a studio on the 5th floor of a 12-storey tower completed in 2019.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 2A sold for AED 600,000 to 855,000 in the last 12 months, around AED 1,143 per sqft.

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Mortgage on 502, Golf Promenade 2A

Starts from the last sale price (AED 363K, 27 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 362,500
Deposit, UAE resident (20%)
AED 72,500
Deposit, non-resident (40%)
AED 145,000
Monthly over 25 years at 3.7%
AED 1,483

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