2-bed · 1,358 sqftGolf Promenade 2B, Damac Hills · 5th floor · completed 2019

501, Golf Promenade 2B

Sold prices and rental history: sold 5 times, last in February 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 26 February 2026
Last soldAED 1.9M26 February 2026
Current rentAED 120K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Golf Promenade 2B

What is 501 worth today?

Last sold for AED 1,900,000 in 2026

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26 Feb 2026SoldReady
AED 1,900,000AED 1,399 per sqft
1 Oct 2025RentedRenewal
AED 120,000/yr3 months · AED 88 per sqft
1 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
5 May 2023RentedNew contract
AED 130,000/yr12 months · AED 96 per sqft
1 Mar 2023SoldReady
AED 1,450,000AED 1,067 per sqft
10 Jan 2023SoldReady
AED 1,050,000AED 773 per sqft
18 Jul 2017SoldOff-plan
AED 1,090,292AED 802 per sqft
22 Jun 2016Sold by developerOff-plan
AED 2,223,000AED 1,636 per sqft

Source: Dubai Land Department. Updated 26 February 2026.

Key facts

Type
2-bed apartment
Size
1,358 sqft
Floor
5th of 12
Parking
P1-52
Developer
DAMAC
Completed
2019
Service charge
AED 16,900 /yr
Last sold
AED 1.9M · February 2026

About 501, Golf Promenade 2B

501 is a two-bedroom apartment of 1,358 sqft on the 5th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 26 February 2026 for AED 1,900,000, or AED 1,399 per sqft.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 120,000 a year: a gross yield of 6.3% on the 2026 price, before the service charge of about AED 16,900 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Golf Promenade 2B
1M2M2016201920222025Typical sale price by year: 2019 AED 1,539,500; 2020 AED 1,312,500; 2021 AED 1,389,150; 2023 AED 1,350,000; 2024 AED 1,760,000; 2026 AED 2,652,500Sold by developer, June 2016: AED 2,223,000 (AED 1,636 per sqft)Sold, July 2017: AED 1,090,292 (AED 802 per sqft)Sold, January 2023: AED 1,050,000 (AED 773 per sqft)Sold, March 2023: AED 1,450,000 (AED 1,067 per sqft)Sold, February 2026: AED 1,900,000 (AED 1,399 per sqft)

501 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in Golf Promenade 2B
100K150K2021202320252027Typical rent by year: 2021 AED 85,000; 2022 AED 90,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 142,500; 2026 AED 115,000New contract, May 2023: AED 130,000 a yearNew contract, October 2024: AED 120,000 a yearRenewal, October 2025: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golf Promenade 2B, and where 501 sits

All 21 2-beds →

Over the last 12 months two-beds sold for AED 1,900,000 to 2,900,000, around AED 1,259 per sqft, and rent for AED 110,000 to 135,000 a year. 501's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20262,430,000
7 Apr 20262,875,000
30 Mar 20262,900,000
22 Oct 20241,760,000
4 2-bed sales in the last 12 months

Golf Promenade 2B

Building

124 apartments, studios to 3-bed over 12 floors in Damac Hills, completed in 2019 by DAMAC. 13 sold in the last 12 months.

Typical price per sqft
AED 1,295 Up 4.1%
Typical sale
AED 1.05M
Typical rent
AED 70K /yr
Typical yield
6.7%
Golf Promenade 2B, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 124 units in Golf Promenade 2B
Value
502StudioAED 500K · Jun 2025
5031-bedAED 875K · Jul 2024
504StudioAED 185K · May 2022
505StudioAED 600K · Jun 2025
506StudioAED 570K · Aug 2026
5071-bedAED 1.1M · Jan 2026
5081-bedAED 1.3M · Jan 2016
1–7 of 14

501, Golf Promenade 2B in numbers

  • Sold 5 times: first on 22 June 2016 for AED 2,223,000, last on 26 February 2026 for AED 1,900,000 (AED 1,399 per sqft).
  • Rented since May 2023 on 3 Ejari contracts, from AED 130,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2026 price is 6.3%, before a service charge of about AED 16,900 a year (AED 12.48 per sqft).
  • Two-beds in Golf Promenade 2B sold for AED 1,900,000–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,295 per sqft.

Source: Dubai Land Department. Updated 26 February 2026.

Questions about 501, Golf Promenade 2B

What did unit 501 last sell for?

AED 1,900,000 on 26 February 2026: AED 1,399 per sqft for 1,358 sqft. The unit has 5 registered sales; the first was AED 2,223,000 in June 2016.

What is the rent for unit 501?

AED 120,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 120,000; the unit has been rented since May 2023.

How big is unit 501?

1,358 sqft (126.2 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Promenade 2B sold for AED 1,900,000 to 2,900,000 in the last 12 months, around AED 1,259 per sqft.

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Mortgage on 501, Golf Promenade 2B

Starts from the last sale price (AED 1.9M, 26 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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