2-bed · 1,137 sqftGolf Gate 1, Damac Hills · 16th floor · completed 2024

1601, Golf Gate 1

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 1.36M11 January 2023
Current rentAED 130K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Golf Gate 1

What is 1601 worth today?

Last sold for AED 1,363,000 in 2023

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20 Sep 2026RentedRenewal
AED 130,000/yr6 months · AED 115 per sqft
20 Sep 2025RentedNew contract
AED 175,000/yr12 months · AED 155 per sqft
11 Jan 2023Sold by developerOff-plan
AED 1,363,000AED 1,198 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
2-bed apartment
Size
1,137 sqft
Floor
16th of 29
Parking
1
Developer
DAMAC
Completed
2024
Last sold
AED 1.36M · January 2023
Building
Golf Gate 1

About 1601, Golf Gate 1

1601 is a two-bedroom apartment of 1,137 sqft on the 16th floor of Golf Gate 1, a 29-storey tower in Damac Hills completed in 2024 by DAMAC. The developer sold it on 11 January 2023 for AED 1,363,000, or AED 1,198 per sqft, 3% above the AED 1,161 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 130,000 a year: a gross yield of 9.5% on the 2023 price.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Golf Gate 1
1.4M1.6M1.8M202220242026Typical sale price by year: 2022 AED 1,308,000; 2023 AED 1,387,000; 2024 AED 1,400,000; 2025 AED 1,600,000; 2026 AED 1,725,000Sold by developer, January 2023: AED 1,363,000 (AED 1,198 per sqft)

1601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Golf Gate 1
150K202520262027Typical rent by year: 2025 AED 120,000; 2026 AED 115,000New contract, September 2025: AED 175,000 a yearRenewal, September 2026: AED 130,000 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 Gate 1, and where 1601 sits

All 81 2-beds →

1601 last sold in January 2023 at AED 1,198 per sqft, 3% above what two-beds in Golf Gate 1 were fetching at the time (AED 1,161). Over the last 12 months two-beds sold for AED 1,500,000 to 1,890,000, around AED 1,411 per sqft, and rent for AED 36,334 to 140,000 a year. 1601's AED 130,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20261,800,000
14 Oct 20261,580,000
9 Oct 20261,880,000
10 Aug 20261,600,000
14 2-bed sales in the last 12 months

Golf Gate 1

Building

351 apartments, 1-bed to 2-bed over 29 floors in Damac Hills, completed in 2024 by DAMAC. 48 sold in the last 12 months.

Typical price per sqft
AED 1,526 Up 2.5%
Typical sale
AED 1.05M
Typical rent
AED 72K /yr
Typical yield
7.0%
Golf Gate 1, Damac Hills: prices, sales and rents →

Other units on the 16th floor

All 351 units in Golf Gate 1
Value
16021-bedAED 827K · Feb 2023
16031-bedAED 820K · Feb 2023
16041-bedAED 839K · Dec 2022
16051-bedAED 910K · Mar 2025
16061-bedAED 829K · Jan 2023
16071-bedAED 829K · Jan 2023
16082-bedAED 1.51M · Feb 2023
1–7 of 12

1601, Golf Gate 1 in numbers

  • Sold once: by DAMAC on 11 January 2023 for AED 1,363,000, or AED 1,198 per sqft.
  • Rented since September 2025 on 2 Ejari contracts, from AED 175,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 9.5%.
  • Two-beds in Golf Gate 1 sold for AED 1,500,000–1,890,000 in the 12 months to November 2026; the building's median across all types is AED 1,526 per sqft.

Source: Dubai Land Department. Updated 20 September 2026.

Questions about 1601, Golf Gate 1

What did unit 1601 last sell for?

AED 1,363,000 on 11 January 2023, sold by the developer: AED 1,198 per sqft for 1,137 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 130,000 a year on the contract renewed on 20 September 2026. The previous contract, from September 2025, was AED 175,000.

How big is unit 1601?

1,137 sqft (105.6 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower completed in 2024.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Gate 1 sold for AED 1,500,000 to 1,890,000 in the last 12 months, around AED 1,411 per sqft.

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Mortgage on 1601, Golf Gate 1

Starts from the last sale price (AED 1.36M, 11 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,363,000
Deposit, UAE resident (20%)
AED 272,600
Deposit, non-resident (40%)
AED 545,200
Monthly over 25 years at 3.7%
AED 5,576

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