Studio · 489 sqftGolf Promenade 2A, Damac Hills · 5th floor · completed 2019

511, Golf Promenade 2A

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 757K17 August 2015
Current rentAED 42K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Golf Promenade 2A

What is 511 worth today?

Last sold for AED 757,150 in 2015

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5 Oct 2026RentedNew contract
AED 42,000/yr6 months · AED 86 per sqft
29 Apr 2025RentedRenewal
AED 45,000/yr12 months · AED 92 per sqft
29 Apr 2025RentedRenewal
AED 45,000/yr12 months · AED 92 per sqft
29 Apr 2024RentedRenewal
AED 42,000/yr12 months · AED 86 per sqft
29 Apr 2023RentedNew contract
AED 38,000/yr12 months · AED 78 per sqft
11 Apr 2022RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
17 Aug 2015Sold by developerOff-plan
AED 757,150AED 1,546 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
Studio apartment
Size
489 sqft
Floor
5th of 12
Parking
G-11
Developer
DAMAC
Completed
2019
Service charge
AED 6,100 /yr
Last sold
AED 757K · August 2015

About 511, Golf Promenade 2A

511 is a studio of 489 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 17 August 2015 for AED 757,150, or AED 1,546 per sqft, in line with the AED 1,586 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 5 October 2026, is AED 42,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 6,100 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, August 2015: AED 757,150 (AED 1,546 per sqft)

511 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 511, 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 2022: AED 36,000 a yearNew contract, April 2023: AED 38,000 a yearRenewal, April 2024: AED 42,000 a yearRenewal, April 2025: AED 45,000 a yearRenewal, April 2025: AED 45,000 a yearNew contract, October 2026: AED 42,000 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 511 sits

All 42 studios →

511 last sold in August 2015 at AED 1,546 per sqft, in line with what studios in Golf Promenade 2A were fetching at the time (AED 1,586). 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. 511's AED 42,000 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
504StudioAED 580K · Oct 2025
505StudioAED 500K · Nov 2023
506StudioAED 823K · Oct 2015
5071-bedAED 875K · Apr 2022
1–7 of 14

511, Golf Promenade 2A in numbers

  • Sold once: by DAMAC on 17 August 2015 for AED 757,150, or AED 1,546 per sqft.
  • Rented since April 2022 on 6 Ejari contracts, from AED 36,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 6,100 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 5 October 2026.

Questions about 511, Golf Promenade 2A

What did unit 511 last sell for?

AED 757,150 on 17 August 2015, sold by the developer: AED 1,546 per sqft for 489 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 42,000 a year on the contract signed on 5 October 2026. The previous contract, from April 2025, was AED 45,000; the unit has been rented since April 2022.

How big is unit 511?

489 sqft (45.4 sqm): a studio on the 5th floor of a 12-storey tower completed in 2019.

What is unit 511 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 511, Golf Promenade 2A

Starts from the last sale price (AED 757K, 17 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 757,150
Deposit, UAE resident (20%)
AED 151,430
Deposit, non-resident (40%)
AED 302,860
Monthly over 25 years at 3.7%
AED 3,098

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