1-bed · 803 sqftGolf Promenade 2B, Damac Hills · 5th floor · completed 2019

503, Golf Promenade 2B

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 875K22 July 2024
Current rentAED 76K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Golf Promenade 2B

What is 503 worth today?

Last sold for AED 875,000 in 2024

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1 Sep 2026RentedRenewal
AED 76,000/yr12 months · AED 94 per sqft
22 Jun 2026RentedNew contract
AED 99,723/yr12 months · AED 124 per sqft
1 Sep 2025RentedNew contract
AED 85,000/yr12 months · AED 105 per sqft
30 Oct 2024RentedNew contract
AED 85,000/yr12 months · AED 105 per sqft
22 Jul 2024SoldReady
AED 875,000AED 1,089 per sqft
2 Mar 2023RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
1 Mar 2022RentedNew contract
AED 55,500/yr12 months · AED 69 per sqft
23 Mar 2021RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
5th of 12
Parking
P1-54
Developer
DAMAC
Completed
2019
Service charge
AED 10,000 /yr
Last sold
AED 875K · July 2024

About 503, Golf Promenade 2B

503 is a one-bedroom apartment of 803 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 22 July 2024 for AED 875,000, or AED 1,089 per sqft, 9% above the AED 996 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 76,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 10,000 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Golf Promenade 2B
1M20152018202120242027Typical sale price by year: 2015 AED 1,256,375; 2016 AED 1,269,450; 2017 AED 1,123,000; 2018 AED 1,129,080; 2019 AED 1,271,000; 2020 AED 721,200; 2021 AED 702,000; 2022 AED 921,000; 2023 AED 810,000; 2024 AED 887,500; 2025 AED 1,025,000; 2026 AED 1,050,000Sold by developer, August 2015: AED 1,211,250 (AED 1,507 per sqft)Sold, July 2024: AED 875,000 (AED 1,089 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Golf Promenade 2B
50K75K100K2021202320252027Typical rent by year: 2021 AED 50,000; 2022 AED 55,500; 2023 AED 65,000; 2024 AED 73,750; 2025 AED 75,000; 2026 AED 75,000New contract, March 2021: AED 50,000 a yearNew contract, March 2022: AED 55,500 a yearNew contract, March 2023: AED 70,000 a yearNew contract, October 2024: AED 85,000 a yearNew contract, September 2025: AED 85,000 a yearNew contract, June 2026: AED 99,723 a yearRenewal, September 2026: AED 76,000 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 2B, and where 503 sits

All 52 1-beds →

503 last sold in July 2024 at AED 1,089 per sqft, 9% above what one-beds in Golf Promenade 2B were fetching at the time (AED 996). Over the last 12 months one-beds sold for AED 847,700 to 1,100,000, around AED 1,227 per sqft, and rent for AED 60,000 to 99,723 a year. 503's AED 76,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026847,700
11 May 20261,050,000
16 Jan 20261,100,000
12 Nov 20251,100,000
4 1-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
5012-bedAED 1.9M · Feb 2026
502StudioAED 500K · Jun 2025
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

503, Golf Promenade 2B in numbers

  • Sold twice: first on 17 August 2015 for AED 1,211,250, last on 22 July 2024 for AED 875,000 (AED 1,089 per sqft).
  • Rented since March 2021 on 7 Ejari contracts, from AED 50,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 10,000 a year (AED 12.48 per sqft).
  • One-beds in Golf Promenade 2B sold for AED 847,700–1,100,000 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 1 September 2026.

Questions about 503, Golf Promenade 2B

What did unit 503 last sell for?

AED 875,000 on 22 July 2024: AED 1,089 per sqft for 803 sqft. The unit has 2 registered sales; the first was AED 1,211,250 in August 2015.

What is the rent for unit 503?

AED 76,000 a year on the contract renewed on 1 September 2026. The previous contract, from June 2026, was AED 99,723; the unit has been rented since March 2021.

How big is unit 503?

803 sqft (74.6 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.

What is unit 503 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 2B sold for AED 847,700 to 1,100,000 in the last 12 months, around AED 1,227 per sqft.

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Mortgage on 503, Golf Promenade 2B

Starts from the last sale price (AED 875K, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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