Studio · 520 sqftGolf Terrace A, Damac Hills · 5th floor · completed 2016

A506, Golf Terrace A

Sold prices and rental history: sold twice, last in December 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A506 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 630K23 December 2024
Current rentAED 52K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A506, Golf Terrace A

What is A506 worth today?

Last sold for AED 630,000 in 2024

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23 Dec 2024SoldReady
AED 630,000AED 1,211 per sqft
1 Jul 2024RentedNew contract
AED 52,000/yr12 months · AED 101 per sqft
1 Sep 2019RentedNew contract
AED 38,000/yr12 months · AED 74 per sqft
13 May 2018RentedNew contract
AED 46,000/yr12 months · AED 89 per sqft
12 Jul 2016Sold by developerOff-plan
AED 860,000AED 1,654 per sqft

Source: Dubai Land Department. Updated 23 December 2024.

Key facts

Type
Studio hotel apartment
Size
520 sqft
Floor
5th of 8
Parking
G-44
Developer
DAMAC
Completed
2016
Service charge
AED 7,100 /yr
Last sold
AED 630K · December 2024

About A506, Golf Terrace A

A506 is a studio of 520 sqft on the 5th floor of Golf Terrace A, a 8-storey tower in Damac Hills completed in 2016 by DAMAC. It last sold on 23 December 2024 for AED 630,000, or AED 1,211 per sqft, in line with the AED 1,177 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 July 2024, is AED 52,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 7,100 a year.

Sales and rents for A506 over time

Sales
Unit A506, each saleTypical studio in Golf Terrace A
500K750K2014201820222026Typical sale price by year: 2014 AED 848,350; 2016 AED 860,000; 2022 AED 385,000; 2023 AED 500,000; 2024 AED 540,000; 2026 AED 650,000Sold by developer, July 2016: AED 860,000 (AED 1,654 per sqft)Sold, December 2024: AED 630,000 (AED 1,211 per sqft)

A506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A506, each contractTypical studio in Golf Terrace A
30K40K50K2017202020232026Typical rent by year: 2017 AED 50,000; 2018 AED 48,000; 2019 AED 40,500; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 32,450; 2023 AED 38,500; 2024 AED 45,000; 2025 AED 51,000; 2026 AED 48,500New contract, May 2018: AED 46,000 a yearNew contract, September 2019: AED 38,000 a yearNew contract, July 2024: AED 52,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Golf Terrace A, and where A506 sits

All 20 studios →

A506 last sold in December 2024 at AED 1,211 per sqft, in line with what studios in Golf Terrace A were fetching at the time (AED 1,177). Over the last 12 months studios sold for AED 625,000 to 720,000, around AED 1,263 per sqft, and rent for AED 44,100 to 52,000 a year. A506's AED 52,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 2026625,000
24 Jun 2026650,000
12 Feb 2026720,000
31 Oct 2024640,000
3 studio sales in the last 12 months

Golf Terrace A

Building

75 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2016 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft
AED 1,263
Typical sale
AED 720K
Typical rent
AED 80K /yr
Typical yield
6.6%
Golf Terrace A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 75 units in Golf Terrace A
Value
A5013-bedAED 1.75M · Dec 2021
A5023-bedAED 3.03M · Mar 2014
A5031-bedAED 1.05M · Jun 2022
A504StudioAED 720K · Feb 2026
A505StudioAED 385K · Nov 2022
A5071-bedAED 1.29M · Dec 2014
A5081-bedAED 690K · Sep 2022
1–7 of 10

A506, Golf Terrace A in numbers

  • Sold twice: first on 12 July 2016 for AED 860,000, last on 23 December 2024 for AED 630,000 (AED 1,211 per sqft).
  • Rented since May 2018 on 3 Ejari contracts. The rent fell from AED 46,000 to AED 38,000 in 2019 and recovered to AED 52,000 by July 2024.
  • At AED 52,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 7,100 a year (AED 13.65 per sqft).
  • Studios in Golf Terrace A sold for AED 625,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 1,263 per sqft.

Source: Dubai Land Department. Updated 23 December 2024.

Questions about A506, Golf Terrace A

What did unit A506 last sell for?

AED 630,000 on 23 December 2024: AED 1,211 per sqft for 520 sqft. The unit has 2 registered sales; the first was AED 860,000 in July 2016.

What is the rent for unit A506?

AED 52,000 a year on the contract signed on 1 July 2024. The previous contract, from September 2019, was AED 38,000; the unit has been rented since May 2018.

How big is unit A506?

520 sqft (48.3 sqm): a studio on the 5th floor of a 8-storey tower completed in 2016.

What is unit A506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Golf Terrace A sold for AED 625,000 to 720,000 in the last 12 months, around AED 1,263 per sqft.

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Mortgage on A506, Golf Terrace A

Starts from the last sale price (AED 630K, 23 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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