Studio · 521 sqftGolf Promenade 3B, Damac Hills · 5th floor · completed 2019

B506, Golf Promenade 3B

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B506 · DLD and Ejari recordsUpdated 12 October 2026
Last soldAED 705K10 December 2017
Current rentAED 40K /yr12 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B506, Golf Promenade 3B

What is B506 worth today?

Last sold for AED 705,000 in 2017

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12 Oct 2026RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
30 Nov 2025RentedNew contract
AED 46,000/yr12 months · AED 88 per sqft
8 Nov 2024RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
26 Sep 2021RentedNew contract
AED 24,500/yr12 months · AED 47 per sqft
10 May 2021RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
15 Jan 2019RentedNew contract
AED 37,000/yr12 months · AED 72 per sqft
25 May 2018RentedNew contract
AED 41,000/yr12 months · AED 79 per sqft
1 Jan 2018RentedNew contract
AED 42,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 12 October 2026.

Key facts

Type
Studio apartment
Size
521 sqft
Floor
5th of 9
Parking
UP1-12
Developer
DAMAC
Completed
2019
Service charge
AED 7,800 /yr
Last sold
AED 705K · December 2017

About B506, Golf Promenade 3B

B506 is a studio of 521 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 10 December 2017 for AED 705,000, or AED 1,352 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 8 Ejari contracts. The current contract, signed on 12 October 2026, is AED 40,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 7,800 a year.

Sales and rents for B506 over time

Sales
Unit B506, each saleTypical studio in Golf Promenade 3B
600K700K2015201820212024Typical sale price by year: 2015 AED 741,595; 2017 AED 667,000; 2018 AED 713,500; 2024 AED 590,000Sold by developer, December 2017: AED 705,000 (AED 1,352 per sqft)

B506 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B506, each contractTypical studio in Golf Promenade 3B
40K2017202020232026Typical rent by year: 2017 AED 48,000; 2018 AED 41,500; 2019 AED 38,000; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 44,857; 2025 AED 45,000; 2026 AED 43,000New contract, January 2018: AED 42,000 a yearNew contract, May 2018: AED 41,000 a yearNew contract, January 2019: AED 37,000 a yearNew contract, May 2021: AED 30,000 a yearNew contract, September 2021: AED 24,500 a yearNew contract, November 2024: AED 45,000 a yearNew contract, November 2025: AED 46,000 a yearNew contract, October 2026: AED 40,000 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 3B, and where B506 sits

All 21 studios →

B506 last sold in December 2017 at AED 1,352 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. B506's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 May 2026570,000
14 Nov 2025680,000
13 Mar 2025590,000
28 Oct 2024590,000
2 studio sales 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
B5012-bedAED 2.15M · Jun 2018
B5023-bedAED 2.1M · Feb 2025
B5031-bedAED 969K · Nov 2017
B504StudioAED 510K · Aug 2024
B505StudioAED 709K · Nov 2017
B5071-bedAED 1.02M · Nov 2017
B5081-bedAED 1M · Apr 2017
1–7 of 12

B506, Golf Promenade 3B in numbers

  • Sold once: by DAMAC on 10 December 2017 for AED 705,000, or AED 1,352 per sqft.
  • Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 24,500 in 2021 and recovered to AED 40,000 by October 2026.
  • At AED 40,000 a year the gross yield on the 2017 price is 5.7%, before a service charge of about AED 7,800 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 12 October 2026.

Questions about B506, Golf Promenade 3B

What did unit B506 last sell for?

AED 705,000 on 10 December 2017, sold by the developer: AED 1,352 per sqft for 521 sqft. It is the only registered sale of the unit.

What is the rent for unit B506?

AED 40,000 a year on the contract signed on 12 October 2026. The previous contract, from November 2025, was AED 46,000; the unit has been rented since January 2018.

How big is unit B506?

521 sqft (48.4 sqm): a studio on the 5th floor of a 9-storey tower completed in 2019.

What is unit B506 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 B506, Golf Promenade 3B

Starts from the last sale price (AED 705K, 10 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 705,000
Deposit, UAE resident (20%)
AED 141,000
Deposit, non-resident (40%)
AED 282,000
Monthly over 25 years at 3.7%
AED 2,884

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