506, Golf Promenade 2B
Sold prices and rental history: sold twice, last in August 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Golf Promenade 2B
What is 506 worth today?
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Source: Dubai Land Department. Updated 25 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 527 sqft
- Floor
- 5th of 12
- Parking
- P1-57
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 6,600 /yr
- Last sold
- AED 570K · August 2026
- Building
- Golf Promenade 2B
About 506, Golf Promenade 2B
506 is a studio of 527 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 25 August 2026 for AED 570,000, or AED 1,082 per sqft, 33% below the AED 1,624 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 4 November 2025, is AED 45,000 a year: a gross yield of 7.9% on the 2026 price, before the service charge of about AED 6,600 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the studio median of each year in the building.
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 506 sits
All 42 studios →506 last sold in August 2026 at AED 1,082 per sqft, 33% below what studios in Golf Promenade 2B were fetching at the time (AED 1,624). 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. 506's AED 45,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 592 sqft | 598,784 | 1,011 | ||
| 16 Sep 202616 September 2026 | 444 sqft | 590,000 | 1,328 | ||
| 24 Apr 202624 April 2026 | 329 sqft | 550,000 | 1,670 | ||
| 29 Jan 202629 January 2026 | 320 sqft | 520,000 | 1,624 |
Golf Promenade 2B
Building124 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%
Other units on the 5th floor
All 124 units in Golf Promenade 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,358 sqft | AED 1.9MAED 1,900,000 · Feb 2026February 2026 | 120,000 /yr | |
| 502 | Studio | 329 sqft | AED 500KAED 500,000 · Jun 2025June 2025 | 42,500 /yr | |
| 503 | 1-bed | 803 sqft | AED 875KAED 875,000 · Jul 2024July 2024 | 76,000 /yr | |
| 504 | Studio | 260 sqft | AED 185KAED 185,000 · May 2022May 2022 | 45,000 /yr | |
| 505 | Studio | 533 sqft | AED 600KAED 600,000 · Jun 2025June 2025 | 42,000 /yr | |
| 507 | 1-bed | 849 sqft | AED 1.1MAED 1,100,000 · Jan 2026January 2026 | 60,000 /yr | |
| 508 | 1-bed | 816 sqft | AED 1.3MAED 1,301,500 · Jan 2016January 2016 | 79,000 /yr | |
| 509 | 1-bed | 831 sqft | AED 950KAED 950,000 · Dec 2024December 2024 | 74,000 /yr | |
| 510 | 1-bed | 1,014 sqft | AED 1.32MAED 1,317,000 · Oct 2017October 2017 | 90,000 /yr | |
| 511 | Studio | 489 sqft | AED 596KAED 595,840 · Apr 2023April 2023 | 60,000 /yr | |
| 512 | Studio | 471 sqft | AED 734KAED 734,350 · Jun 2015June 2015 | 48,000 /yr | |
| 513 | Studio | 320 sqft | AED 520KAED 520,000 · Jan 2026January 2026 | 44,281 /yr | |
| 514 | 2-bed | 1,386 sqft | AED 1.65MAED 1,650,000 · Apr 2024April 2024 | 110,250 /yr | |
| 511A | 1-bed | 819 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 66,000 /yr |
506, Golf Promenade 2B in numbers
- Sold twice: first on 17 July 2023 for AED 640,920, last on 25 August 2026 for AED 570,000 (AED 1,082 per sqft).
- Rented since August 2024 on 2 Ejari contracts, from AED 48,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2026 price is 7.9%, before a service charge of about AED 6,600 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 25 August 2026.
Questions about 506, Golf Promenade 2B
What did unit 506 last sell for?
AED 570,000 on 25 August 2026: AED 1,082 per sqft for 527 sqft. The unit has 2 registered sales; the first was AED 640,920 in July 2023.
What is the rent for unit 506?
AED 45,000 a year on the contract signed on 4 November 2025. The previous contract, from August 2024, was AED 48,000.
How big is unit 506?
527 sqft (49.0 sqm): a studio on the 5th floor of a 12-storey tower completed in 2019.
What is unit 506 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 506, Golf Promenade 2B
Starts from the last sale price (AED 570K, 25 August 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 570,000
- Deposit, UAE resident (20%)
- AED 114,000
- Deposit, non-resident (40%)
- AED 228,000
- Monthly over 25 years at 3.7%
- AED 2,332
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →