A506, Golf Promenade 5A
Sold prices and rental history: sold once, by the developer in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A506, Golf Promenade 5A
What is A506 worth today?
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Source: Dubai Land Department. Updated 2 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 521 sqft
- Floor
- 5th of 9
- Parking
- B-26
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 7,800 /yr
- Last sold
- AED 575K · March 2023
- Building
- Golf Promenade 5A
About A506, Golf Promenade 5A
A506 is a studio of 521 sqft on the 5th floor of Golf Promenade 5A, a 9-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 7 March 2023 for AED 575,260, or AED 1,103 per sqft, in line with the AED 1,087 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 2 November 2025, is AED 52,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 7,800 a year.
Sales and rents for A506 over time
A506 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Golf Promenade 5A, and where A506 sits
All 21 studios →A506 last sold in March 2023 at AED 1,103 per sqft, in line with what studios in Golf Promenade 5A were fetching at the time (AED 1,087). A506's AED 52,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Apr 202517 April 2025 | 482 sqft | 560,000 | 1,162 | ||
| 20 Mar 202520 March 2025 | 481 sqft | 615,000 | 1,277 | ||
| 26 Aug 202426 August 2024 | 241 sqft | 280,279 | 1,163 | ||
| 29 Mar 202429 March 2024 | 482 sqft | 560,000 | 1,162 |
Golf Promenade 5A
Building81 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%
Other units on the 5th floor
All 81 units in Golf Promenade 5A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A501 | 2-bed | 1,689 sqft | AED 2.65MAED 2,650,000 · Jan 2026January 2026 | 174,064 /yr | |
| A502 | 3-bed | 1,747 sqft | AED 1.69MAED 1,685,000 · Nov 2022November 2022 | 155,000 /yr | |
| A503 | 1-bed | 806 sqft | AED 829KAED 829,440 · Nov 2022November 2022 | 83,000 /yr | |
| A504 | Studio | 493 sqft | AED 536KAED 536,000 · Nov 2022November 2022 | 38,000 /yr | |
| A505 | Studio | 525 sqft | AED 691KAED 691,000 · Jul 2023July 2023 | 45,000 /yr | |
| A507 | 1-bed | 846 sqft | AED 907KAED 907,000 · Dec 2022December 2022 | 68,796 /yr | |
| A508 | 1-bed | 832 sqft | AED 892KAED 892,000 · Dec 2022December 2022 | 58,000 /yr | |
| A509 | 1-bed | 804 sqft | AED 1MAED 1,000,000 · Feb 2025February 2025 | 75,000 /yr | |
| A510 | 1-bed | 904 sqft | AED 1.08MAED 1,077,000 · Jan 2023January 2023 | 73,000 /yr | |
| A511 | Studio | 482 sqft | AED 560KAED 560,000 · Apr 2025April 2025 | 48,000 /yr | |
| A512 | 1-bed | 854 sqft | AED 990KAED 990,000 · Aug 2024August 2024 | 55,765 /yr | |
| A513 | 1-bed | 731 sqft | AED 825KAED 825,000 · Oct 2023October 2023 | 80,000 /yr |
A506, Golf Promenade 5A in numbers
- Sold once: by DAMAC on 7 March 2023 for AED 575,260, or AED 1,103 per sqft.
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 54,000 to AED 30,000 in 2021 and recovered to AED 52,000 by November 2025.
- At AED 52,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 7,800 a year (AED 15.00 per sqft).
Source: Dubai Land Department. Updated 2 November 2025.
Questions about A506, Golf Promenade 5A
What did unit A506 last sell for?
AED 575,260 on 7 March 2023, sold by the developer: AED 1,103 per sqft for 521 sqft. It is the only registered sale of the unit.
What is the rent for unit A506?
AED 52,000 a year on the contract signed on 2 November 2025. The previous contract, from August 2024, was AED 52,000; the unit has been rented since August 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 5A
Starts from the last sale price (AED 575K, 7 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 575,260
- Deposit, UAE resident (20%)
- AED 115,052
- Deposit, non-resident (40%)
- AED 230,104
- Monthly over 25 years at 3.7%
- AED 2,354
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →