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

B506, Golf Promenade 4B

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

Unit B506 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 541K15 May 2025
Current rentAED 38K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B506, Golf Promenade 4B

What is B506 worth today?

Last sold for AED 541,334 in 2025

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15 May 2025SoldReady
AED 541,334AED 1,038 per sqft
20 Oct 2024RentedNew contract
AED 38,115/yr12 months · AED 74 per sqft
20 Oct 2023RentedNew contract
AED 34,100/yr12 months · AED 65 per sqft
22 Jun 2023Sold by developerReady
AED 460,600AED 883 per sqft
20 Oct 2022RentedNew contract
AED 31,000/yr12 months · AED 59 per sqft
2 Mar 2021RentedRenewal
AED 30,000/yr13 months · AED 58 per sqft
2 Feb 2020RentedNew contract
AED 34,000/yr13 months · AED 65 per sqft
15 May 2017RentedNew contract
AED 51,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
Studio apartment
Size
521 sqft
Floor
5th of 9
Parking
T4-UP1-12
Developer
DAMAC
Completed
2019
Service charge
AED 7,800 /yr
Last sold
AED 541K · May 2025
Building
Golf Promenade 4B

About B506, Golf Promenade 4B

B506 is a studio of 521 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 15 May 2025 for AED 541,334, or AED 1,038 per sqft, in line with the AED 1,046 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 20 October 2024, is AED 38,115 a year: a gross yield of 7.0% on the 2025 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 4B
450K500K550K2023202420252026Typical sale price by year: 2023 AED 459,800; 2025 AED 541,334Sold by developer, June 2023: AED 460,600 (AED 883 per sqft)Sold, May 2025: AED 541,334 (AED 1,038 per sqft)

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

Rents
Unit B506, each contractTypical studio in Golf Promenade 4B
30K40K50K2017202020232026Typical rent by year: 2017 AED 50,500; 2018 AED 49,250; 2019 AED 41,705; 2020 AED 37,000; 2021 AED 30,500; 2022 AED 33,300; 2023 AED 35,000; 2024 AED 36,305; 2025 AED 47,000; 2026 AED 44,000New contract, May 2017: AED 51,000 a yearNew contract, February 2020: AED 34,000 a yearRenewal, March 2021: AED 30,000 a yearNew contract, October 2022: AED 31,000 a yearNew contract, October 2023: AED 34,100 a yearNew contract, October 2024: AED 38,115 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 4B, and where B506 sits

All 21 studios →

B506 last sold in May 2025 at AED 1,038 per sqft, in line with what studios in Golf Promenade 4B were fetching at the time (AED 1,046). B506's AED 38,115 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
26 May 2025600,146
26 May 2025606,347
26 May 2025620,127
25 May 2025611,170
0 studio 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
B5012-bedAED 2.02M · Dec 2024
B5023-bedAED 1.68M · May 2025
B5031-bedAED 1.15M · Feb 2026
B504StudioAED 520K · May 2025
B505StudioAED 545K · May 2025
B5071-bedAED 844K · May 2025
B5081-bedAED 830K · May 2025
1–7 of 12

B506, Golf Promenade 4B in numbers

  • Sold twice: first on 22 June 2023 for AED 460,600, last on 15 May 2025 for AED 541,334 (AED 1,038 per sqft).
  • Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 51,000 to AED 30,000 in 2021 and recovered to AED 38,115 by October 2024.
  • At AED 38,115 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 7,800 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 15 May 2025.

Questions about B506, Golf Promenade 4B

What did unit B506 last sell for?

AED 541,334 on 15 May 2025: AED 1,038 per sqft for 521 sqft. The unit has 2 registered sales; the first was AED 460,600 in June 2023.

What is the rent for unit B506?

AED 38,115 a year on the contract signed on 20 October 2024. The previous contract, from October 2023, was AED 34,100; the unit has been rented since May 2017.

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.

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Mortgage on B506, Golf Promenade 4B

Starts from the last sale price (AED 541K, 15 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 541,334
Deposit, UAE resident (20%)
AED 108,267
Deposit, non-resident (40%)
AED 216,534
Monthly over 25 years at 3.7%
AED 2,215

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