506, Golf Promenade 2A
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Golf Promenade 2A
What is 506 worth today?
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Source: Dubai Land Department. Updated 18 August 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 527 sqft
- Floor
- 5th of 12
- Parking
- G-07
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 6,600 /yr
- Last sold
- AED 823K · October 2015
- Building
- Golf Promenade 2A
About 506, Golf Promenade 2A
506 is a studio of 527 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 29 October 2015 for AED 822,700, or AED 1,562 per sqft, in line with the AED 1,580 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 18 August 2025, is AED 50,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 6,600 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the studio median of each year in the building.
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 506 sits
All 42 studios →506 last sold in October 2015 at AED 1,562 per sqft, in line with what studios in Golf Promenade 2A were fetching at the time (AED 1,580). 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. 506's AED 50,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Aug 202621 August 2026 | 463 sqft | 600,000 | 1,296 | ||
| 23 Jul 202623 July 2026 | 529 sqft | 600,000 | 1,134 | ||
| 8 Apr 20268 April 2026 | 490 sqft | 855,000 | 1,743 | ||
| 18 Feb 202618 February 2026 | 525 sqft | 600,000 | 1,143 |
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 | |
| 503 | 1-bed | 803 sqft | AED 950KAED 950,000 · May 2024May 2024 | 63,000 /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 | ||
| 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 |
506, Golf Promenade 2A in numbers
- Sold once: by DAMAC on 29 October 2015 for AED 822,700, or AED 1,562 per sqft.
- Rented since April 2022 on 4 Ejari contracts, from AED 35,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 6,600 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 18 August 2025.
Questions about 506, Golf Promenade 2A
What did unit 506 last sell for?
AED 822,700 on 29 October 2015, sold by the developer: AED 1,562 per sqft for 527 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 50,000 a year on the contract signed on 18 August 2025. The previous contract, from April 2024, was AED 39,900; the unit has been rented since April 2022.
How big is unit 506?
527 sqft (49.0 sqm): a studio on the 5th floor of a 12-storey tower completed in 2019.
What is unit 506 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 506, Golf Promenade 2A
Starts from the last sale price (AED 823K, 29 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 822,700
- Deposit, UAE resident (20%)
- AED 164,540
- Deposit, non-resident (40%)
- AED 329,080
- Monthly over 25 years at 3.7%
- AED 3,366
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →