2-bed · 1,690 sqftGolf Promenade 4B, Damac Hills · 5th floor · completed 2019

B501, Golf Promenade 4B

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B501 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 2.02M12 December 2024
Current rentAED 160K /yr20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B501, Golf Promenade 4B

What is B501 worth today?

Last sold for AED 2,020,000 in 2024

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20 Jan 2025RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
20 Jan 2025RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
12 Dec 2024SoldReady
AED 2,020,000AED 1,195 per sqft
27 Sep 2023RentedNew contract
AED 91,397/yr12 months · AED 54 per sqft
22 Jun 2023Sold by developerReady
AED 1,491,200AED 882 per sqft
27 Sep 2022RentedNew contract
AED 87,044/yr12 months · AED 52 per sqft
27 Oct 2020RentedNew contract
AED 75,000/yr13 months · AED 44 per sqft
1 Aug 2019RentedNew contract
AED 97,470/yr13 months · AED 58 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
2-bed apartment
Size
1,690 sqft
Floor
5th of 9
Parking
T4-G-19
Developer
DAMAC
Completed
2019
Service charge
AED 25,300 /yr
Last sold
AED 2.02M · December 2024

About B501, Golf Promenade 4B

B501 is a two-bedroom apartment of 1,690 sqft on the 5th floor of Golf Promenade 4B, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 12 December 2024 for AED 2,020,000, or AED 1,195 per sqft, in line with the AED 1,204 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 20 January 2025, is AED 160,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 25,300 a year.

Sales and rents for B501 over time

Sales
Unit B501, each saleTypical two-bed in Golf Promenade 4B
1.5M1.75M2M2023202420252026Typical sale price by year: 2023 AED 1,491,200; 2024 AED 2,022,500; 2025 AED 1,880,364Sold by developer, June 2023: AED 1,491,200 (AED 882 per sqft)Sold, December 2024: AED 2,020,000 (AED 1,195 per sqft)

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

Rents
Unit B501, each contractTypical two-bed in Golf Promenade 4B
100K150K2017202020232026Typical rent by year: 2017 AED 124,000; 2018 AED 113,500; 2019 AED 98,000; 2020 AED 86,000; 2021 AED 90,000; 2022 AED 87,622; 2023 AED 91,397; 2024 AED 94,500; 2025 AED 160,000; 2026 AED 125,000New contract, May 2017: AED 124,000 a yearNew contract, June 2018: AED 124,000 a yearNew contract, August 2019: AED 97,470 a yearNew contract, October 2020: AED 75,000 a yearNew contract, September 2022: AED 87,044 a yearNew contract, September 2023: AED 91,397 a yearNew contract, January 2025: AED 160,000 a yearNew contract, January 2025: AED 160,000 a year

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 4B, and where B501 sits

All 11 2-beds →

B501 last sold in December 2024 at AED 1,195 per sqft, in line with what two-beds in Golf Promenade 4B were fetching at the time (AED 1,204). B501's AED 160,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 May 20252,045,731
26 May 20252,101,543
14 May 20252,101,543
14 May 20251,880,364
0 2-bed sales in the last 12 months

Golf Promenade 4B

Building

82 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 2 sold in the last 12 months.

Typical price per sqft
AED 1,301
Typical sale
AED 1M
Typical rent
AED 77K /yr
Typical yield
6.9%
Golf Promenade 4B, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 82 units in Golf Promenade 4B
Value
B5023-bedAED 1.68M · May 2025
B5031-bedAED 1.15M · Feb 2026
B504StudioAED 520K · May 2025
B505StudioAED 545K · May 2025
B506StudioAED 541K · May 2025
B5071-bedAED 844K · May 2025
B5081-bedAED 830K · May 2025
1–7 of 12

B501, Golf Promenade 4B in numbers

  • Sold twice: first on 22 June 2023 for AED 1,491,200, last on 12 December 2024 for AED 2,020,000 (AED 1,195 per sqft).
  • Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 124,000 to AED 75,000 in 2020 and recovered to AED 160,000 by January 2025.
  • At AED 160,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 25,300 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 20 January 2025.

Questions about B501, Golf Promenade 4B

What did unit B501 last sell for?

AED 2,020,000 on 12 December 2024: AED 1,195 per sqft for 1,690 sqft. The unit has 2 registered sales; the first was AED 1,491,200 in June 2023.

What is the rent for unit B501?

AED 160,000 a year on the contract signed on 20 January 2025. The previous contract, from January 2025, was AED 160,000; the unit has been rented since May 2017.

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.

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Mortgage on B501, Golf Promenade 4B

Starts from the last sale price (AED 2.02M, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,020,000
Deposit, UAE resident (20%)
AED 404,000
Deposit, non-resident (40%)
AED 808,000
Monthly over 25 years at 3.7%
AED 8,264

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