2-bed · 1,690 sqftGolf Promenade 3B, Damac Hills · 5th floor · completed 2019

B501, Golf Promenade 3B

Sold prices and rental history: sold once, by the developer in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B501 · DLD and Ejari recordsUpdated 13 June 2018
Last soldAED 2.15M13 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B501, Golf Promenade 3B

What is B501 worth today?

Last sold for AED 2,154,000 in 2018

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13 Jun 2018Sold by developerReady
AED 2,154,000AED 1,274 per sqft

Source: Dubai Land Department. Updated 13 June 2018.

Key facts

Type
2-bed apartment
Size
1,690 sqft
Floor
5th of 9
Parking
G-19
Developer
DAMAC
Completed
2019
Service charge
AED 25,300 /yr
Last sold
AED 2.15M · June 2018

About B501, Golf Promenade 3B

B501 is a two-bedroom apartment of 1,690 sqft on the 5th floor of Golf Promenade 3B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 13 June 2018 for AED 2,154,000, or AED 1,274 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for B501 over time

Sales
Unit B501, each saleTypical two-bed in Golf Promenade 3B
1.5M2M2018202020222024Typical sale price by year: 2021 AED 1,521,000; 2023 AED 1,621,000Sold by developer, June 2018: AED 2,154,000 (AED 1,274 per sqft)

B501 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B501, each contractTypical two-bed in Golf Promenade 3B
100K150K2019202120232025Typical rent by year: 2019 AED 99,750; 2020 AED 95,000; 2021 AED 90,000; 2022 AED 82,000; 2023 AED 130,000; 2024 AED 145,000; 2025 AED 160,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golf Promenade 3B, and where B501 sits

All 11 2-beds →

Over the last 12 months two-beds sold for AED 2,680,000, around AED 1,446 per sqft, and rent for AED 125,000 to 140,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Nov 20252,680,000
16 Jan 20252,600,000
26 Nov 20242,025,000
14 Dec 20231,675,000
1 2-bed sale in the last 12 months

Golf Promenade 3B

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 6 sold in the last 12 months.

Typical price per sqft
AED 1,237
Typical sale
AED 1.02M
Typical rent
AED 70K /yr
Typical yield
6.8%
Golf Promenade 3B, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 82 units in Golf Promenade 3B
Value
B5023-bedAED 2.1M · Feb 2025
B5031-bedAED 969K · Nov 2017
B504StudioAED 510K · Aug 2024
B505StudioAED 709K · Nov 2017
B506StudioAED 705K · Dec 2017
B5071-bedAED 1.02M · Nov 2017
B5081-bedAED 1M · Apr 2017
1–7 of 12

B501, Golf Promenade 3B in numbers

  • Sold once: by DAMAC on 13 June 2018 for AED 2,154,000, or AED 1,274 per sqft.
  • Two-beds in Golf Promenade 3B sold for AED 2,680,000–2,680,000 in the 12 months to November 2026; the building's median across all types is AED 1,237 per sqft.

Source: Dubai Land Department. Updated 13 June 2018.

Questions about B501, Golf Promenade 3B

What did unit B501 last sell for?

AED 2,154,000 on 13 June 2018, sold by the developer: AED 1,274 per sqft for 1,690 sqft. It is the only registered sale of the unit.

How big is unit B501?

1,690 sqft (157.0 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2019.

What is unit B501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Promenade 3B sold for AED 2,680,000 to 2,680,000 in the last 12 months, around AED 1,446 per sqft.

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Mortgage on B501, Golf Promenade 3B

Starts from the last sale price (AED 2.15M, 13 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,154,000
Deposit, UAE resident (20%)
AED 430,800
Deposit, non-resident (40%)
AED 861,600
Monthly over 25 years at 3.7%
AED 8,813

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