Studio · 525 sqftGolf Promenade 3A, Damac Hills · 5th floor · completed 2019

A505, Golf Promenade 3A

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A505 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 585K20 August 2025
Current rentAED 48K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A505, Golf Promenade 3A

What is A505 worth today?

Last sold for AED 585,000 in 2025

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7 Oct 2026RentedRenewal
AED 48,000/yr12 months · AED 91 per sqft
7 Oct 2025RentedNew contract
AED 48,000/yr12 months · AED 91 per sqft
20 Aug 2025SoldReady
AED 585,000AED 1,115 per sqft
7 Feb 2023RentedRenewal
AED 29,500/yr12 months · AED 56 per sqft
7 Feb 2022RentedRenewal
AED 29,500/yr12 months · AED 56 per sqft
7 Feb 2021RentedNew contract
AED 26,000/yr12 months · AED 49 per sqft
5 Sep 2019RentedNew contract
AED 33,000/yr12 months · AED 63 per sqft
20 Dec 2015Sold by developerOff-plan
AED 784,320AED 1,494 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
Studio apartment
Size
525 sqft
Floor
5th of 9
Parking
T1-B-25
Developer
DAMAC
Completed
2019
Service charge
AED 7,900 /yr
Last sold
AED 585K · August 2025

About A505, Golf Promenade 3A

A505 is a studio of 525 sqft on the 5th floor of Golf Promenade 3A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 20 August 2025 for AED 585,000, or AED 1,115 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 7 October 2026, is AED 48,000 a year: a gross yield of 8.2% on the 2025 price, before the service charge of about AED 7,900 a year.

Sales and rents for A505 over time

Sales
Unit A505, each saleTypical studio in Golf Promenade 3A
600K800K2015201820212024Typical sale price by year: 2015 AED 737,200; 2017 AED 698,500; 2018 AED 708,000; 2023 AED 513,824; 2025 AED 585,000Sold by developer, December 2015: AED 784,320 (AED 1,494 per sqft)Sold, August 2025: AED 585,000 (AED 1,115 per sqft)

A505 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A505, each contractTypical studio in Golf Promenade 3A
30K40K50K2018202120242027Typical rent by year: 2018 AED 41,000; 2019 AED 35,000; 2020 AED 28,500; 2021 AED 26,000; 2022 AED 29,250; 2023 AED 33,500; 2024 AED 40,000; 2025 AED 48,000; 2026 AED 48,000New contract, September 2019: AED 33,000 a yearNew contract, February 2021: AED 26,000 a yearRenewal, February 2022: AED 29,500 a yearRenewal, February 2023: AED 29,500 a yearNew contract, October 2025: AED 48,000 a yearRenewal, October 2026: AED 48,000 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 3A, and where A505 sits

All 21 studios →

Over the last 12 months studios sold for AED 577,033 to 625,000, around AED 1,019 per sqft, and rent for AED 35,000 to 65,000 a year. A505's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Dec 2025577,033
28 Nov 2025625,000
5 Nov 2025600,000
11 Feb 2025485,000
2 studio sales in the last 12 months

Golf Promenade 3A

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 9 sold in the last 12 months.

Typical price per sqft
AED 1,206
Typical sale
AED 1.1M
Typical rent
AED 65K /yr
Typical yield
6.9%
Golf Promenade 3A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 82 units in Golf Promenade 3A
Value
A5012-bedAED 2.15M · Apr 2026
A5023-bedAED 2.48M · Aug 2015
A5031-bedAED 890K · Feb 2024
A504StudioAED 745K · Jul 2015
A506StudioAED 707K · Jun 2018
A5071-bedAED 1.21M · Dec 2015
A5081-bedAED 820K · Dec 2023
1–7 of 12

A505, Golf Promenade 3A in numbers

  • Sold twice: first on 20 December 2015 for AED 784,320, last on 20 August 2025 for AED 585,000 (AED 1,115 per sqft).
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 33,000 to AED 26,000 in 2021 and recovered to AED 48,000 by October 2026.
  • At AED 48,000 a year the gross yield on the 2025 price is 8.2%, before a service charge of about AED 7,900 a year (AED 15.00 per sqft).
  • Studios in Golf Promenade 3A sold for AED 577,033–625,000 in the 12 months to November 2026; the building's median across all types is AED 1,206 per sqft.

Source: Dubai Land Department. Updated 7 October 2026.

Questions about A505, Golf Promenade 3A

What did unit A505 last sell for?

AED 585,000 on 20 August 2025: AED 1,115 per sqft for 525 sqft. The unit has 2 registered sales; the first was AED 784,320 in December 2015.

What is the rent for unit A505?

AED 48,000 a year on the contract renewed on 7 October 2026. The previous contract, from October 2025, was AED 48,000; the unit has been rented since September 2019.

How big is unit A505?

525 sqft (48.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2019.

What is unit A505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 3A sold for AED 577,033 to 625,000 in the last 12 months, around AED 1,019 per sqft.

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Mortgage on A505, Golf Promenade 3A

Starts from the last sale price (AED 585K, 20 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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