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1-bed · 816 sqftGolf Promenade 2B, Damac Hills · 5th floor · completed 2019

508, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 26 January 2026
Last soldAED 1.3M11 January 2016
Current rentAED 79K /yr26 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Golf Promenade 2B

What is 508 worth today?

Last sold for AED 1,301,500 in 2016

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26 Jan 2026RentedNew contract
AED 79,000/yr12 months · AED 97 per sqft
20 Mar 2024RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
11 Jan 2016Sold by developerOff-plan
AED 1,301,500AED 1,595 per sqft

Source: Dubai Land Department. Updated 26 January 2026.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
5th of 12
Parking
P1-58
Developer
DAMAC
Completed
2019
Service charge
AED 10,200 /yr
Last sold
AED 1.3M · January 2016
Building
Golf Promenade 2B

About 508, Golf Promenade 2B

508 is a one-bedroom apartment of 816 sqft on the 5th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 11 January 2016 for AED 1,301,500, or AED 1,595 per sqft, 4% above the AED 1,529 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 26 January 2026, is AED 79,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 10,200 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, January 2016: AED 1,301,500 (AED 1,595 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Golf Promenade 2B
60K80K2021202320252027Typical 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 2024: AED 75,000 a yearNew contract, January 2026: AED 79,000 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 508 sits

All 52 1-beds →

508 last sold in January 2016 at AED 1,595 per sqft, 4% above what one-beds in Golf Promenade 2B were fetching at the time (AED 1,529). 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. 508's AED 79,000 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
5031-bedAED 875K · Jul 2024
504StudioAED 185K · May 2022
505StudioAED 600K · Jun 2025
506StudioAED 570K · Aug 2026
5071-bedAED 1.1M · Jan 2026
1–7 of 14

508, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 11 January 2016 for AED 1,301,500, or AED 1,595 per sqft.
  • Rented since March 2024 on 2 Ejari contracts, from AED 75,000 to AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 10,200 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 26 January 2026.

Questions about 508, Golf Promenade 2B

What did unit 508 last sell for?

AED 1,301,500 on 11 January 2016, sold by the developer: AED 1,595 per sqft for 816 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 79,000 a year on the contract signed on 26 January 2026. The previous contract, from March 2024, was AED 75,000.

How big is unit 508?

816 sqft (75.8 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.

What is unit 508 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 508, Golf Promenade 2B

Starts from the last sale price (AED 1.3M, 11 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,301,500
Deposit, UAE resident (20%)
AED 260,300
Deposit, non-resident (40%)
AED 520,600
Monthly over 25 years at 3.7%
AED 5,325

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