B505, Golf Promenade 3B
Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B505, Golf Promenade 3B
What is B505 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 262 sqft
- Floor
- 5th of 9
- Parking
- T2-UP1-11
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 3,900 /yr
- Last sold
- AED 709K · November 2017
- Building
- Golf Promenade 3B
About B505, Golf Promenade 3B
B505 is a studio of 262 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 21 November 2017 for AED 709,000, or AED 1,351 per sqft, in line with the AED 1,352 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 25 September 2026, is AED 40,000 a year: a gross yield of 5.6% on the 2017 price, before the service charge of about AED 3,900 a year.
Sales and rents for B505 over time
B505 has sold once; 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 3B, and where B505 sits
All 21 studios →B505 last sold in November 2017 at AED 1,351 per sqft, in line with what studios in Golf Promenade 3B were fetching at the time (AED 1,352). Over the last 12 months studios sold for AED 570,000 to 680,000, around AED 1,090 per sqft, and rent for AED 36,300 to 55,000 a year. B505's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 202620 May 2026 | 588 sqft | 570,000 | 969 | ||
| 14 Nov 202514 November 2025 | 561 sqft | 680,000 | 1,211 | ||
| 13 Mar 202513 March 2025 | 608 sqft | 590,000 | 970 | ||
| 28 Oct 202428 October 2024 | 608 sqft | 590,000 | 970 |
Golf Promenade 3B
Building82 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%
Other units on the 5th floor
All 82 units in Golf Promenade 3B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B501 | 2-bed | 1,690 sqft | AED 2.15MAED 2,154,000 · Jun 2018June 2018 | ||
| B502 | 3-bed | 1,747 sqft | AED 2.1MAED 2,100,000 · Feb 2025February 2025 | 99,000 /yr | |
| B503 | 1-bed | 806 sqft | AED 969KAED 969,000 · Nov 2017November 2017 | 58,637 /yr | |
| B504 | Studio | 493 sqft | AED 510KAED 510,000 · Aug 2024August 2024 | 60,000 /yr | |
| B506 | Studio | 521 sqft | AED 705KAED 705,000 · Dec 2017December 2017 | 40,000 /yr | |
| B507 | 1-bed | 846 sqft | AED 1.02MAED 1,017,000 · Nov 2017November 2017 | 75,000 /yr | |
| B508 | 1-bed | 833 sqft | AED 1MAED 1,000,000 · Apr 2017April 2017 | 78,000 /yr | |
| B509 | 1-bed | 804 sqft | AED 976KAED 976,000 · Apr 2017April 2017 | 72,000 /yr | |
| B510 | 1-bed | 904 sqft | AED 1.07MAED 1,073,952 · Nov 2017November 2017 | 64,826 /yr | |
| B511 | Studio | 482 sqft | AED 666KAED 666,000 · Jul 2018July 2018 | 40,000 /yr | |
| B512 | 1-bed | 854 sqft | AED 1.15MAED 1,150,000 · Sep 2025September 2025 | 74,000 /yr | |
| B513 | 1-bed | 731 sqft | AED 879KAED 879,000 · Nov 2017November 2017 | 50,000 /yr |
B505, Golf Promenade 3B in numbers
- Sold once: by DAMAC on 21 November 2017 for AED 709,000, or AED 1,351 per sqft.
- Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 41,000 to AED 25,000 in 2020 and recovered to AED 40,000 by September 2026.
- At AED 40,000 a year the gross yield on the 2017 price is 5.6%, before a service charge of about AED 3,900 a year (AED 15.00 per sqft).
- Studios in Golf Promenade 3B sold for AED 570,000–680,000 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 25 September 2026.
Questions about B505, Golf Promenade 3B
What did unit B505 last sell for?
AED 709,000 on 21 November 2017, sold by the developer: AED 1,351 per sqft for 262 sqft. It is the only registered sale of the unit.
What is the rent for unit B505?
AED 40,000 a year on the contract signed on 25 September 2026. The previous contract, from February 2026, was AED 55,000; the unit has been rented since June 2018.
How big is unit B505?
262 sqft (24.3 sqm): a studio on the 5th floor of a 9-storey tower completed in 2019.
What is unit B505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Promenade 3B sold for AED 570,000 to 680,000 in the last 12 months, around AED 1,090 per sqft.
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Mortgage on B505, Golf Promenade 3B
Starts from the last sale price (AED 709K, 21 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 709,000
- Deposit, UAE resident (20%)
- AED 141,800
- Deposit, non-resident (40%)
- AED 283,600
- Monthly over 25 years at 3.7%
- AED 2,901
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →