Studio · 533 sqftGolf Promenade 2A, Damac Hills · 5th floor · completed 2019

505, Golf Promenade 2A

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 30 November 2023
Last soldAED 500K30 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Golf Promenade 2A

What is 505 worth today?

Last sold for AED 500,000 in 2023

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30 Nov 2023SoldReady
AED 500,000AED 937 per sqft
28 Jan 2015Sold by developerOff-plan
AED 871,150AED 1,633 per sqft

Source: Dubai Land Department. Updated 30 November 2023.

Key facts

Type
Studio apartment
Size
533 sqft
Floor
5th of 12
Parking
G-06
Developer
DAMAC
Completed
2019
Service charge
AED 6,700 /yr
Last sold
AED 500K · November 2023

About 505, Golf Promenade 2A

505 is a studio of 533 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 30 November 2023 for AED 500,000, or AED 937 per sqft, 14% below the AED 1,085 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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, January 2015: AED 871,150 (AED 1,633 per sqft)Sold, November 2023: AED 500,000 (AED 937 per sqft)

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

Rents
Unit 505, 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 45,000

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 505 sits

All 42 studios →

505 last sold in November 2023 at AED 937 per sqft, 14% below what studios in Golf Promenade 2A were fetching at the time (AED 1,085). 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.

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
504StudioAED 580K · Oct 2025
506StudioAED 823K · Oct 2015
5071-bedAED 875K · Apr 2022
5081-bedAED 1.17M · Sep 2018
1–7 of 14

505, Golf Promenade 2A in numbers

  • Sold twice: first on 28 January 2015 for AED 871,150, last on 30 November 2023 for AED 500,000 (AED 937 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 30 November 2023.

Questions about 505, Golf Promenade 2A

What did unit 505 last sell for?

AED 500,000 on 30 November 2023: AED 937 per sqft for 533 sqft. The unit has 2 registered sales; the first was AED 871,150 in January 2015.

How big is unit 505?

533 sqft (49.5 sqm): a studio on the 5th floor of a 12-storey tower completed in 2019.

What is unit 505 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 505, Golf Promenade 2A

Starts from the last sale price (AED 500K, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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