A508, Golf Promenade 5A
Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A508, Golf Promenade 5A
What is A508 worth today?
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Source: Dubai Land Department. Updated 6 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 5th of 9
- Parking
- B-28
- Developer
- DAMAC
- Completed
- 2019
- Service charge
- AED 12,500 /yr
- Last sold
- AED 892K · December 2022
- Building
- Golf Promenade 5A
About A508, Golf Promenade 5A
A508 is a one-bedroom apartment of 832 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 6 December 2022 for AED 892,000, or AED 1,071 per sqft, 4% above the AED 1,028 one-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 25 September 2019, is AED 58,000 a year: a gross yield of 6.5% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for A508 over time
A508 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Golf Promenade 5A, and where A508 sits
All 40 1-beds →A508 last sold in December 2022 at AED 1,071 per sqft, 4% above what one-beds in Golf Promenade 5A were fetching at the time (AED 1,028). Over the last 12 months one-beds sold for AED 950,000 to 1,100,000, around AED 1,277 per sqft, and rent for AED 65,000 to 90,000 a year. A508's AED 58,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 755 sqft | 950,000 | 1,258 | ||
| 16 Mar 202616 March 2026 | 849 sqft | 1,100,000 | 1,296 | ||
| 8 Jul 20258 July 2025 | 731 sqft | 1,100,000 | 1,504 | ||
| 6 Feb 20256 February 2025 | 804 sqft | 1,000,000 | 1,243 |
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 | |
| A506 | Studio | 521 sqft | AED 575KAED 575,260 · Mar 2023March 2023 | 52,000 /yr | |
| A507 | 1-bed | 846 sqft | AED 907KAED 907,000 · Dec 2022December 2022 | 68,796 /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 |
A508, Golf Promenade 5A in numbers
- Sold once: by DAMAC on 6 December 2022 for AED 892,000, or AED 1,071 per sqft.
- Rented since August 2017 on 3 Ejari contracts, from AED 72,500 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2022 price is 6.5%, before a service charge of about AED 12,500 a year (AED 15.00 per sqft).
- One-beds in Golf Promenade 5A sold for AED 950,000–1,100,000 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 6 December 2022.
Questions about A508, Golf Promenade 5A
What did unit A508 last sell for?
AED 892,000 on 6 December 2022, sold by the developer: AED 1,071 per sqft for 832 sqft. It is the only registered sale of the unit.
What is the rent for unit A508?
AED 58,000 a year on the contract renewed on 25 September 2019. The previous contract, from September 2018, was AED 65,250; the unit has been rented since August 2017.
How big is unit A508?
832 sqft (77.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2019.
What is unit A508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Promenade 5A sold for AED 950,000 to 1,100,000 in the last 12 months, around AED 1,277 per sqft.
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Mortgage on A508, Golf Promenade 5A
Starts from the last sale price (AED 892K, 6 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 892,000
- Deposit, UAE resident (20%)
- AED 178,400
- Deposit, non-resident (40%)
- AED 356,800
- Monthly over 25 years at 3.7%
- AED 3,649
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →