Studio · 482 sqftGolf Promenade 4B, Damac Hills · 5th floor · completed 2019

B511, Golf Promenade 4B

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

Unit B511 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 646K1 July 2024
Current rentAED 72K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B511, Golf Promenade 4B

What is B511 worth today?

Last sold for AED 646,000 in 2024

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7 Oct 2026RentedRenewal
AED 72,000/yr12 months · AED 149 per sqft
7 Oct 2025RentedRenewal
AED 60,000/yr12 months · AED 125 per sqft
7 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 125 per sqft
1 Jul 2024SoldReady
AED 646,000AED 1,341 per sqft
22 Jun 2023Sold by developerReady
AED 425,300AED 882 per sqft
7 Jan 2022RentedNew contract
AED 33,600/yr12 months · AED 70 per sqft
7 Dec 2019RentedNew contract
AED 36,500/yr13 months · AED 76 per sqft
27 May 2018RentedNew contract
AED 49,000/yr13 months · AED 102 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
Studio apartment
Size
482 sqft
Floor
5th of 9
Parking
T4-UP1-22
Developer
DAMAC
Completed
2019
Service charge
AED 7,200 /yr
Last sold
AED 646K · July 2024

About B511, Golf Promenade 4B

B511 is a studio of 482 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 1 July 2024 for AED 646,000, or AED 1,341 per sqft, 52% above the AED 883 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 7 October 2026, is AED 72,000 a year: a gross yield of 11.2% on the 2024 price, before the service charge of about AED 7,200 a year.

Sales and rents for B511 over time

Sales
Unit B511, each saleTypical studio in Golf Promenade 4B
400K600K2023202420252026Typical sale price by year: 2023 AED 459,800; 2025 AED 541,334Sold by developer, June 2023: AED 425,300 (AED 882 per sqft)Sold, July 2024: AED 646,000 (AED 1,341 per sqft)

B511 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B511, each contractTypical studio in Golf Promenade 4B
40K60K2017202020232026Typical 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, April 2017: AED 49,000 a yearNew contract, May 2018: AED 49,000 a yearNew contract, December 2019: AED 36,500 a yearNew contract, January 2022: AED 33,600 a yearNew contract, October 2024: AED 60,000 a yearRenewal, October 2025: AED 60,000 a yearRenewal, October 2026: AED 72,000 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 4B, and where B511 sits

All 21 studios →

B511 last sold in July 2024 at AED 1,341 per sqft, 52% above what studios in Golf Promenade 4B were fetching at the time (AED 883). B511's AED 72,000 is at the top 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
B506StudioAED 541K · May 2025
B5071-bedAED 844K · May 2025
1–7 of 12

B511, Golf Promenade 4B in numbers

  • Sold twice: first on 22 June 2023 for AED 425,300, last on 1 July 2024 for AED 646,000 (AED 1,341 per sqft).
  • Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 49,000 to AED 33,600 in 2022 and recovered to AED 72,000 by October 2026.
  • At AED 72,000 a year the gross yield on the 2024 price is 11.2%, before a service charge of about AED 7,200 a year (AED 15.00 per sqft).

Source: Dubai Land Department. Updated 7 October 2026.

Questions about B511, Golf Promenade 4B

What did unit B511 last sell for?

AED 646,000 on 1 July 2024: AED 1,341 per sqft for 482 sqft. The unit has 2 registered sales; the first was AED 425,300 in June 2023.

What is the rent for unit B511?

AED 72,000 a year on the contract renewed on 7 October 2026. The previous contract, from October 2025, was AED 60,000; the unit has been rented since April 2017.

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.

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Mortgage on B511, Golf Promenade 4B

Starts from the last sale price (AED 646K, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 646,000
Deposit, UAE resident (20%)
AED 129,200
Deposit, non-resident (40%)
AED 258,400
Monthly over 25 years at 3.7%
AED 2,643

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