B511, Golf Promenade 3B
Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B511, Golf Promenade 3B
What is B511 worth today?
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Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 482 sqft
- Floor
- 5th of 9
- Parking
- UP1-22
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 7,200 /yr
- Last sold
- AED 666K · July 2018
- Building
- Golf Promenade 3B
About B511, Golf Promenade 3B
B511 is a studio of 482 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 4 July 2018 for AED 666,000, or AED 1,382 per sqft, 5% above the AED 1,311 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 40,000 a year: a gross yield of 6.0% on the 2018 price, before the service charge of about AED 7,200 a year.
Sales and rents for B511 over time
B511 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 B511 sits
All 21 studios →B511 last sold in July 2018 at AED 1,382 per sqft, 5% above what studios in Golf Promenade 3B were fetching at the time (AED 1,311). 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. B511'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 | |
| B505 | Studio | 262 sqft | AED 709KAED 709,000 · Nov 2017November 2017 | 40,000 /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 | |
| 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 |
B511, Golf Promenade 3B in numbers
- Sold once: by DAMAC on 4 July 2018 for AED 666,000, or AED 1,382 per sqft.
- Rented since September 2021 on 4 Ejari contracts, from AED 21,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2018 price is 6.0%, before a service charge of about AED 7,200 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 1 February 2025.
Questions about B511, Golf Promenade 3B
What did unit B511 last sell for?
AED 666,000 on 4 July 2018, sold by the developer: AED 1,382 per sqft for 482 sqft. It is the only registered sale of the unit.
What is the rent for unit B511?
AED 40,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 34,100; the unit has been rented since September 2021.
How big is unit B511?
482 sqft (44.8 sqm): a studio on the 5th floor of a 9-storey tower completed in 2019.
What is unit B511 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 B511, Golf Promenade 3B
Starts from the last sale price (AED 666K, 4 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 666,000
- Deposit, UAE resident (20%)
- AED 133,200
- Deposit, non-resident (40%)
- AED 266,400
- Monthly over 25 years at 3.7%
- AED 2,725
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →