503, Golf Promenade 2A
Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Golf Promenade 2A
What is 503 worth today?
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Source: Dubai Land Department. Updated 17 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 5th of 12
- Parking
- G-04
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 10,000 /yr
- Last sold
- AED 950K · May 2024
- Building
- Golf Promenade 2A
About 503, Golf Promenade 2A
503 is a one-bedroom apartment of 803 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 17 May 2024 for AED 950,000, or AED 1,182 per sqft, 6% below the AED 1,253 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 July 2023, is AED 63,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 10,000 a year.
Sales and rents for 503 over time
503 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Golf Promenade 2A, and where 503 sits
All 52 1-beds →503 last sold in May 2024 at AED 1,182 per sqft, 6% below what one-beds in Golf Promenade 2A were fetching at the time (AED 1,253). Over the last 12 months one-beds sold for AED 950,000, around AED 1,160 per sqft, and rent for AED 59,125 to 93,999 a year. 503's AED 63,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jul 20268 July 2026 | 819 sqft | 950,000 | 1,160 | ||
| 8 Sep 20258 September 2025 | 829 sqft | 1,070,000 | 1,290 | ||
| 26 Jun 202526 June 2025 | 798 sqft | 1,000,000 | 1,253 | ||
| 8 May 20258 May 2025 | 828 sqft | 990,000 | 1,195 |
Golf Promenade 2A
Building124 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%
Other units on the 5th floor
All 124 units in Golf Promenade 2A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,358 sqft | AED 2.09MAED 2,089,620 · Aug 2015August 2015 | 110,000 /yr | |
| 502 | Studio | 329 sqft | AED 363KAED 362,500 · Oct 2021October 2021 | 36,000 /yr | |
| 504 | Studio | 520 sqft | AED 580KAED 580,000 · Oct 2025October 2025 | 40,000 /yr | |
| 505 | Studio | 533 sqft | AED 500KAED 500,000 · Nov 2023November 2023 | ||
| 506 | Studio | 527 sqft | AED 823KAED 822,700 · Oct 2015October 2015 | 50,000 /yr | |
| 507 | 1-bed | 849 sqft | AED 875KAED 875,140 · Apr 2022April 2022 | ||
| 508 | 1-bed | 816 sqft | AED 1.17MAED 1,167,000 · Sep 2018September 2018 | 74,000 /yr | |
| 509 | 1-bed | 831 sqft | AED 874KAED 874,000 · Apr 2022April 2022 | 95,000 /yr | |
| 510 | 1-bed | 1,014 sqft | AED 1.63MAED 1,629,000 · Apr 2024April 2024 | 72,000 /yr | |
| 511 | Studio | 489 sqft | AED 757KAED 757,150 · Aug 2015August 2015 | 42,000 /yr | |
| 512 | Studio | 471 sqft | AED 620KAED 620,000 · Oct 2025October 2025 | 38,000 /yr | |
| 513 | Studio | 320 sqft | AED 505KAED 505,400 · Jun 2015June 2015 | 39,690 /yr | |
| 514 | 2-bed | 1,386 sqft | AED 1.65MAED 1,650,000 · Mar 2024March 2024 | ||
| 511A | 1-bed | 819 sqft | AED 1.23MAED 1,233,608 · May 2016May 2016 | 59,125 /yr |
503, Golf Promenade 2A in numbers
- Sold 3 times: first on 7 April 2022 for AED 828,100, last on 17 May 2024 for AED 950,000 (AED 1,182 per sqft).
- Rented since July 2022 on 2 Ejari contracts, from AED 60,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 10,000 a year (AED 12.48 per sqft).
- One-beds in Golf Promenade 2A sold for AED 950,000–950,000 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 17 May 2024.
Questions about 503, Golf Promenade 2A
What did unit 503 last sell for?
AED 950,000 on 17 May 2024: AED 1,182 per sqft for 803 sqft. The unit has 3 registered sales; the first was AED 828,100 in April 2022.
What is the rent for unit 503?
AED 63,000 a year on the contract renewed on 15 July 2023. The previous contract, from July 2022, was AED 60,000.
How big is unit 503?
803 sqft (74.6 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Promenade 2A sold for AED 950,000 to 950,000 in the last 12 months, around AED 1,160 per sqft.
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Mortgage on 503, Golf Promenade 2A
Starts from the last sale price (AED 950K, 17 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →