1-bed · 816 sqftGolf Promenade 2A, Damac Hills · 5th floor · completed 2019

508, Golf Promenade 2A

Sold prices and rental history: sold once, by the developer in September 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 27 June 2026
Last soldAED 1.17M24 September 2018
Current rentAED 74K /yr27 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Golf Promenade 2A

What is 508 worth today?

Last sold for AED 1,167,000 in 2018

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27 Jun 2026RentedNew contract
AED 74,000/yr12 months · AED 91 per sqft
27 Jun 2025RentedRenewal
AED 74,000/yr12 months · AED 90 per sqft
27 Jun 2024RentedNew contract
AED 74,000/yr12 months · AED 90 per sqft
27 Apr 2023RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
24 Sep 2018Sold by developerOff-plan
AED 1,167,000AED 1,430 per sqft

Source: Dubai Land Department. Updated 27 June 2026.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
5th of 12
Parking
P2-79
Developer
DAMAC
Completed
2019
Service charge
AED 10,200 /yr
Last sold
AED 1.17M · September 2018

About 508, Golf Promenade 2A

508 is a one-bedroom apartment of 816 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 24 September 2018 for AED 1,167,000, or AED 1,430 per sqft, 5% above the AED 1,363 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 27 June 2026, is AED 74,000 a year: a gross yield of 6.3% on the 2018 price, before the service charge of about AED 10,200 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Golf Promenade 2A
1M20142017202020232026Typical sale price by year: 2014 AED 1,372,750; 2015 AED 1,256,850; 2016 AED 1,233,608; 2018 AED 1,123,260; 2019 AED 1,144,000; 2020 AED 790,500; 2021 AED 811,500; 2022 AED 866,000; 2024 AED 1,285,700; 2025 AED 990,000Sold by developer, September 2018: AED 1,167,000 (AED 1,430 per sqft)

508 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 508, each contractTypical one-bed in Golf Promenade 2A
60K2021202320252027Typical rent by year: 2021 AED 50,000; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 72,000; 2025 AED 75,000; 2026 AED 74,500New contract, April 2023: AED 70,000 a yearNew contract, June 2024: AED 74,000 a yearRenewal, June 2025: AED 74,000 a yearNew contract, June 2026: AED 74,000 a year

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 508 sits

All 52 1-beds →

508 last sold in September 2018 at AED 1,430 per sqft, 5% above what one-beds in Golf Promenade 2A were fetching at the time (AED 1,363). 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. 508's AED 74,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jul 2026950,000
8 Sep 20251,070,000
26 Jun 20251,000,000
8 May 2025990,000
1 1-bed sale 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
505StudioAED 500K · Nov 2023
506StudioAED 823K · Oct 2015
5071-bedAED 875K · Apr 2022
1–7 of 14

508, Golf Promenade 2A in numbers

  • Sold once: by DAMAC on 24 September 2018 for AED 1,167,000, or AED 1,430 per sqft.
  • Rented since April 2023 on 4 Ejari contracts, from AED 70,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2018 price is 6.3%, before a service charge of about AED 10,200 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 27 June 2026.

Questions about 508, Golf Promenade 2A

What did unit 508 last sell for?

AED 1,167,000 on 24 September 2018, sold by the developer: AED 1,430 per sqft for 816 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 74,000 a year on the contract signed on 27 June 2026. The previous contract, from June 2025, was AED 74,000; the unit has been rented since April 2023.

How big is unit 508?

816 sqft (75.8 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.

What is unit 508 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 508, Golf Promenade 2A

Starts from the last sale price (AED 1.17M, 24 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,167,000
Deposit, UAE resident (20%)
AED 233,400
Deposit, non-resident (40%)
AED 466,800
Monthly over 25 years at 3.7%
AED 4,775

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