1-bed · 831 sqftGolf Promenade 2B, Damac Hills · 5th floor · completed 2019

509, Golf Promenade 2B

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

Unit 509 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 950K5 December 2024
Current rentAED 74K /yr17 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Golf Promenade 2B

What is 509 worth today?

Last sold for AED 950,000 in 2024

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5 Dec 2024SoldReady
AED 950,000AED 1,142 per sqft
17 Apr 2024RentedRenewal
AED 74,000/yr12 months · AED 89 per sqft
17 Apr 2023RentedNew contract
AED 70,000/yr12 months · AED 84 per sqft
11 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
17 Aug 2015Sold by developerOff-plan
AED 1,311,000AED 1,577 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
5th of 12
Parking
P1-59
Developer
DAMAC
Completed
2019
Service charge
AED 10,400 /yr
Last sold
AED 950K · December 2024

About 509, Golf Promenade 2B

509 is a one-bedroom apartment of 831 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 5 December 2024 for AED 950,000, or AED 1,142 per sqft, 5% above the AED 1,089 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 17 April 2024, is AED 74,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 10,400 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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 1,311,000 (AED 1,577 per sqft)Sold, December 2024: AED 950,000 (AED 1,142 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Golf Promenade 2B
60K2021202320252027Typical 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, April 2022: AED 55,000 a yearNew contract, April 2023: AED 70,000 a yearRenewal, April 2024: AED 74,000 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 509 sits

All 52 1-beds →

509 last sold in December 2024 at AED 1,142 per sqft, 5% above what one-beds in Golf Promenade 2B were fetching at the time (AED 1,089). 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. 509's AED 74,000 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

509, Golf Promenade 2B in numbers

  • Sold twice: first on 17 August 2015 for AED 1,311,000, last on 5 December 2024 for AED 950,000 (AED 1,142 per sqft).
  • Rented since April 2022 on 3 Ejari contracts, from AED 55,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 10,400 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 5 December 2024.

Questions about 509, Golf Promenade 2B

What did unit 509 last sell for?

AED 950,000 on 5 December 2024: AED 1,142 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 1,311,000 in August 2015.

What is the rent for unit 509?

AED 74,000 a year on the contract renewed on 17 April 2024. The previous contract, from April 2023, was AED 70,000; the unit has been rented since April 2022.

How big is unit 509?

831 sqft (77.2 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2019.

What is unit 509 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 509, Golf Promenade 2B

Starts from the last sale price (AED 950K, 5 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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