Studio · 521 sqftGolf Promenade 4A, Damac Hills · 5th floor · completed 2019

A506, Golf Promenade 4A

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A506 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 537K10 April 2025
Current rentAED 50K /yr19 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A506, Golf Promenade 4A

What is A506 worth today?

Last sold for AED 537,444 in 2025

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10 Apr 2025SoldReady
AED 537,444AED 1,031 per sqft
19 Feb 2025RentedNew contract
AED 50,000/yr12 months · AED 96 per sqft
24 May 2023Sold by developerReady
AED 460,600AED 883 per sqft
1 Mar 2021RentedRenewal
AED 30,000/yr12 months · AED 58 per sqft
1 Feb 2020RentedNew contract
AED 35,000/yr13 months · AED 67 per sqft
2 Jun 2018RentedNew contract
AED 52,500/yr13 months · AED 101 per sqft
2 May 2017RentedNew contract
AED 52,500/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 10 April 2025.

Key facts

Type
Studio apartment
Size
521 sqft
Floor
5th of 9
Parking
T3-B-26
Developer
DAMAC
Completed
2019
Service charge
AED 7,800 /yr
Last sold
AED 537K · April 2025

About A506, Golf Promenade 4A

A506 is a studio of 521 sqft on the 5th floor of Golf Promenade 4A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 10 April 2025 for AED 537,444, or AED 1,031 per sqft, in line with the AED 1,035 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 19 February 2025, is AED 50,000 a year: a gross yield of 9.3% on the 2025 price, before the service charge of about AED 7,800 a year.

Sales and rents for A506 over time

Sales
Unit A506, each saleTypical studio in Golf Promenade 4A
450K500K550K20222023202420252026Typical sale price by year: 2022 AED 509,150; 2023 AED 435,900; 2025 AED 535,722Sold by developer, May 2023: AED 460,600 (AED 883 per sqft)Sold, April 2025: AED 537,444 (AED 1,031 per sqft)

A506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A506, each contractTypical studio in Golf Promenade 4A
40K2017202020232026Typical rent by year: 2017 AED 52,000; 2018 AED 50,500; 2019 AED 42,000; 2020 AED 35,000; 2021 AED 31,000; 2022 AED 33,850; 2023 AED 35,000; 2024 AED 34,736; 2025 AED 50,000; 2026 AED 45,000New contract, May 2017: AED 52,500 a yearNew contract, June 2018: AED 52,500 a yearNew contract, February 2020: AED 35,000 a yearRenewal, March 2021: AED 30,000 a yearNew contract, February 2025: AED 50,000 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 4A, and where A506 sits

All 21 studios →

A506 last sold in April 2025 at AED 1,031 per sqft, in line with what studios in Golf Promenade 4A were fetching at the time (AED 1,035). A506's AED 50,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 May 2025562,249
26 May 2025601,524
26 May 2025515,394
26 May 2025544,334
0 studio sales in the last 12 months

Golf Promenade 4A

Building

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

Typical price per sqft
AED 1,418
Typical sale
AED 1.2M
Typical rent
AED 73K /yr
Typical yield
6.3%
Golf Promenade 4A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 82 units in Golf Promenade 4A
Value
A5012-bedAED 2.05M · Jan 2025
A5023-bedAED 2.1M · Sep 2024
A5031-bedAED 1.05M · Oct 2024
A504StudioAED 520K · Apr 2025
A505StudioAED 541K · Apr 2025
A5071-bedAED 1.2M · Apr 2026
A5081-bedAED 830K · May 2025
1–7 of 12

A506, Golf Promenade 4A in numbers

  • Sold twice: first on 24 May 2023 for AED 460,600, last on 10 April 2025 for AED 537,444 (AED 1,031 per sqft).
  • Rented since May 2017 on 5 Ejari contracts. The rent fell from AED 52,500 to AED 30,000 in 2021 and recovered to AED 50,000 by February 2025.
  • At AED 50,000 a year the gross yield on the 2025 price is 9.3%, before a service charge of about AED 7,800 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 10 April 2025.

Questions about A506, Golf Promenade 4A

What did unit A506 last sell for?

AED 537,444 on 10 April 2025: AED 1,031 per sqft for 521 sqft. The unit has 2 registered sales; the first was AED 460,600 in May 2023.

What is the rent for unit A506?

AED 50,000 a year on the contract signed on 19 February 2025. The previous contract, from March 2021, was AED 30,000; the unit has been rented since May 2017.

How big is unit A506?

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

What is unit A506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on A506, Golf Promenade 4A

Starts from the last sale price (AED 537K, 10 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 537,444
Deposit, UAE resident (20%)
AED 107,489
Deposit, non-resident (40%)
AED 214,978
Monthly over 25 years at 3.7%
AED 2,199

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