Studio · 520 sqftGolf Promenade 2A, Damac Hills · 5th floor · completed 2019

504, Golf Promenade 2A

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 7 October 2025
Last soldAED 580K7 October 2025
Current rentAED 40K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Golf Promenade 2A

What is 504 worth today?

Last sold for AED 580,000 in 2025

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7 Oct 2025SoldReady
AED 580,000AED 1,114 per sqft
1 Jul 2025RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
1 Jul 2024RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
1 Jul 2023RentedRenewal
AED 35,700/yr12 months · AED 69 per sqft
1 Jul 2022RentedNew contract
AED 34,000/yr12 months · AED 65 per sqft
1 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
23 Jun 2014Sold by developerOff-plan
AED 916,750AED 1,761 per sqft

Source: Dubai Land Department. Updated 7 October 2025.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
5th of 12
Parking
G-05
Developer
DAMAC
Completed
2019
Service charge
AED 6,500 /yr
Last sold
AED 580K · October 2025

About 504, Golf Promenade 2A

504 is a studio of 520 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 7 October 2025 for AED 580,000, or AED 1,114 per sqft, 6% below the AED 1,180 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 1 July 2025, is AED 40,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 6,500 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical studio in Golf Promenade 2A
500K1M2014201820222026Typical 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, June 2014: AED 916,750 (AED 1,761 per sqft)Sold, October 2025: AED 580,000 (AED 1,114 per sqft)

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

Rents
Unit 504, 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, April 2021: AED 30,000 a yearNew contract, July 2022: AED 34,000 a yearRenewal, July 2023: AED 35,700 a yearRenewal, July 2024: AED 40,000 a yearRenewal, July 2025: AED 40,000 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 504 sits

All 42 studios →

504 last sold in October 2025 at AED 1,114 per sqft, 6% below what studios in Golf Promenade 2A were fetching at the time (AED 1,180). 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. 504's AED 40,000 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
502StudioAED 363K · Oct 2021
5031-bedAED 950K · May 2024
505StudioAED 500K · Nov 2023
506StudioAED 823K · Oct 2015
5071-bedAED 875K · Apr 2022
5081-bedAED 1.17M · Sep 2018
1–7 of 14

504, Golf Promenade 2A in numbers

  • Sold twice: first on 23 June 2014 for AED 916,750, last on 7 October 2025 for AED 580,000 (AED 1,114 per sqft).
  • Rented since April 2021 on 5 Ejari contracts, from AED 30,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2025 price is 6.9%, before a service charge of about AED 6,500 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 7 October 2025.

Questions about 504, Golf Promenade 2A

What did unit 504 last sell for?

AED 580,000 on 7 October 2025: AED 1,114 per sqft for 520 sqft. The unit has 2 registered sales; the first was AED 916,750 in June 2014.

What is the rent for unit 504?

AED 40,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 40,000; the unit has been rented since April 2021.

How big is unit 504?

520 sqft (48.3 sqm): a studio on the 5th floor of a 12-storey tower completed in 2019.

What is unit 504 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 504, Golf Promenade 2A

Starts from the last sale price (AED 580K, 7 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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