2-bed · 1,689 sqftGolf Promenade 5A, Damac Hills · 5th floor · completed 2019

A501, Golf Promenade 5A

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A501 · DLD and Ejari recordsUpdated 9 January 2026
Last soldAED 2.65M9 January 2026
Current rentAED 174K /yr14 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A501, Golf Promenade 5A

What is A501 worth today?

Last sold for AED 2,650,000 in 2026

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9 Jan 2026SoldReady
AED 2,650,000AED 1,568 per sqft
14 Jan 2025RentedNew contract
AED 174,064/yr12 months · AED 104 per sqft
14 Jan 2025RentedNew contract
AED 174,064/yr12 months · AED 104 per sqft
15 Jan 2024RentedNew contract
AED 180,000/yr12 months · AED 107 per sqft
8 Dec 2022Sold by developerReady
AED 1,613,080AED 954 per sqft
1 Dec 2020RentedNew contract
AED 82,000/yr13 months · AED 49 per sqft
5 Sep 2019RentedRenewal
AED 96,000/yr12 months · AED 57 per sqft
5 Aug 2018RentedNew contract
AED 114,000/yr13 months · AED 67 per sqft

Source: Dubai Land Department. Updated 9 January 2026.

Key facts

Type
2-bed apartment
Size
1,689 sqft
Floor
5th of 9
Parking
T5-G-5
Developer
DAMAC
Completed
2019
Service charge
AED 25,300 /yr
Last sold
AED 2.65M · January 2026

About A501, Golf Promenade 5A

A501 is a two-bedroom apartment of 1,689 sqft on the 5th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. It last sold on 9 January 2026 for AED 2,650,000, or AED 1,568 per sqft.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 14 January 2025, is AED 174,064 a year: a gross yield of 6.6% on the 2026 price, before the service charge of about AED 25,300 a year.

Sales and rents for A501 over time

Sales
Unit A501, each saleTypical two-bed in Golf Promenade 5A
1.5M2M2.5M202220242026Typical sale price by year: 2022 AED 1,743,090; 2023 AED 1,763,500Sold by developer, December 2022: AED 1,613,080 (AED 954 per sqft)Sold, January 2026: AED 2,650,000 (AED 1,568 per sqft)

A501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A501, each contractTypical two-bed in Golf Promenade 5A
100K150K2017202020232026Typical rent by year: 2017 AED 117,000; 2018 AED 114,000; 2019 AED 95,500; 2020 AED 89,500; 2021 AED 86,547; 2022 AED 86,855; 2024 AED 155,000; 2025 AED 167,000New contract, July 2017: AED 117,000 a yearNew contract, August 2018: AED 114,000 a yearRenewal, September 2019: AED 96,000 a yearNew contract, December 2020: AED 82,000 a yearNew contract, January 2024: AED 180,000 a yearNew contract, January 2025: AED 174,064 a yearNew contract, January 2025: AED 174,064 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 5A, and where A501 sits

All 11 2-beds →

Over the last 12 months two-beds sold for AED 2,650,000, around AED 1,568 per sqft, and rent for AED 126,500 to 126,500 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jul 20252,300,000
14 Dec 20231,750,000
28 Nov 20231,777,000
29 Aug 20232,250,000
1 2-bed sale in the last 12 months

Golf Promenade 5A

Building

81 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2019 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft
AED 1,277
Typical sale
AED 2.2M
Typical rent
AED 70K /yr
Typical yield
7.2%
Golf Promenade 5A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 81 units in Golf Promenade 5A
Value
A5023-bedAED 1.69M · Nov 2022
A5031-bedAED 829K · Nov 2022
A504StudioAED 536K · Nov 2022
A505StudioAED 691K · Jul 2023
A506StudioAED 575K · Mar 2023
A5071-bedAED 907K · Dec 2022
A5081-bedAED 892K · Dec 2022
1–7 of 12

A501, Golf Promenade 5A in numbers

  • Sold twice: first on 8 December 2022 for AED 1,613,080, last on 9 January 2026 for AED 2,650,000 (AED 1,568 per sqft).
  • Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 117,000 to AED 82,000 in 2020 and recovered to AED 174,064 by January 2025.
  • At AED 174,064 a year the gross yield on the 2026 price is 6.6%, before a service charge of about AED 25,300 a year (AED 15.00 per sqft).
  • Two-beds in Golf Promenade 5A sold for AED 2,650,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,277 per sqft.

Source: Dubai Land Department. Updated 9 January 2026.

Questions about A501, Golf Promenade 5A

What did unit A501 last sell for?

AED 2,650,000 on 9 January 2026: AED 1,568 per sqft for 1,689 sqft. The unit has 2 registered sales; the first was AED 1,613,080 in December 2022.

What is the rent for unit A501?

AED 174,064 a year on the contract signed on 14 January 2025. The previous contract, from January 2025, was AED 174,064; the unit has been rented since July 2017.

How big is unit A501?

1,689 sqft (156.9 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2019.

What is unit A501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Promenade 5A sold for AED 2,650,000 to 2,650,000 in the last 12 months, around AED 1,568 per sqft.

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Mortgage on A501, Golf Promenade 5A

Starts from the last sale price (AED 2.65M, 9 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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