Studio · 260 sqftGolf Promenade 2B, Damac Hills · 5th floor · completed 2019

504, Golf Promenade 2B

Sold prices and rental history: sold twice, last in May 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 3 August 2026
Last soldAED 185K31 May 2022
Current rentAED 45K /yr3 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Golf Promenade 2B

What is 504 worth today?

Last sold for AED 185,000 in 2022

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3 Aug 2026RentedRenewal
AED 45,000/yr12 months · AED 86 per sqft
3 Aug 2025RentedNew contract
AED 45,000/yr12 months · AED 86 per sqft
3 Aug 2024RentedNew contract
AED 43,000/yr12 months · AED 83 per sqft
31 May 2022SoldReady · flagged as an outlier
AED 185,000AED 355 per sqft
25 Aug 2015Sold by developerOff-plan
AED 811,300AED 1,559 per sqft

Source: Dubai Land Department. Updated 3 August 2026.

Key facts

Type
Studio apartment
Size
260 sqft
Floor
5th of 12
Parking
P1-55
Developer
DAMAC
Completed
2019
Service charge
AED 3,200 /yr
Last sold
AED 185K · May 2022

About 504, Golf Promenade 2B

504 is a studio of 260 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 31 May 2022 for AED 185,000, or AED 355 per sqft.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 3 August 2026, is AED 45,000 a year: a gross yield of 24.3% on the 2022 price, before the service charge of about AED 3,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical studio in Golf Promenade 2B
600K800K20152018202120242027Typical sale price by year: 2015 AED 742,900; 2016 AED 735,300; 2023 AED 640,920; 2024 AED 600,000; 2025 AED 571,000; 2026 AED 570,000Sold by developer, August 2015: AED 811,300 (AED 1,559 per sqft)

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

Rents
Unit 504, each contractTypical studio in Golf Promenade 2B
30K40K2021202320252027Typical rent by year: 2021 AED 30,000; 2022 AED 32,000; 2023 AED 35,101; 2024 AED 40,500; 2025 AED 44,100; 2026 AED 45,000New contract, August 2024: AED 43,000 a yearNew contract, August 2025: AED 45,000 a yearRenewal, August 2026: AED 45,000 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 2B, and where 504 sits

All 42 studios →

Over the last 12 months studios sold for AED 520,000 to 598,784, around AED 1,328 per sqft, and rent for AED 35,000 to 63,000 a year. 504's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Oct 2026598,784
16 Sep 2026590,000
25 Aug 2026570,000
24 Apr 2026550,000
5 studio 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
5031-bedAED 875K · Jul 2024
505StudioAED 600K · Jun 2025
506StudioAED 570K · Aug 2026
5071-bedAED 1.1M · Jan 2026
5081-bedAED 1.3M · Jan 2016
1–7 of 14

504, Golf Promenade 2B in numbers

  • Sold twice: first on 25 August 2015 for AED 811,300, last on 31 May 2022 for AED 185,000 (AED 355 per sqft).
  • Rented since August 2024 on 3 Ejari contracts, from AED 43,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 24.3%, before a service charge of about AED 3,200 a year (AED 12.48 per sqft).
  • Studios in Golf Promenade 2B sold for AED 520,000–598,784 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 3 August 2026.

Questions about 504, Golf Promenade 2B

What did unit 504 last sell for?

AED 185,000 on 31 May 2022: AED 355 per sqft for 260 sqft. The unit has 2 registered sales; the first was AED 811,300 in August 2015.

What is the rent for unit 504?

AED 45,000 a year on the contract renewed on 3 August 2026. The previous contract, from August 2025, was AED 45,000; the unit has been rented since August 2024.

How big is unit 504?

260 sqft (24.2 sqm): a studio on the 5th floor of a 12-storey tower completed in 2019.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 2B sold for AED 520,000 to 598,784 in the last 12 months, around AED 1,328 per sqft.

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Mortgage on 504, Golf Promenade 2B

Starts from the last sale price (AED 185K, 31 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 185,000
Deposit, UAE resident (20%)
AED 37,000
Deposit, non-resident (40%)
AED 74,000
Monthly over 25 years at 3.7%
AED 757

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