1-bed · 628 sqftGolf Gate 1, Damac Hills · 16th floor · completed 2024

1603, Golf Gate 1

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 820K13 February 2023
Current rentAED 70K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Golf Gate 1

What is 1603 worth today?

Last sold for AED 820,000 in 2023

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10 Oct 2026RentedRenewal
AED 70,000/yr12 months · AED 112 per sqft
13 Feb 2023Sold by developerOff-plan
AED 820,000AED 1,306 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
16th of 29
Parking
1
Developer
DAMAC
Completed
2024
Last sold
AED 820K · February 2023
Building
Golf Gate 1

About 1603, Golf Gate 1

1603 is a one-bedroom apartment of 628 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 13 February 2023 for AED 820,000, or AED 1,306 per sqft, in line with the AED 1,269 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2026. The current contract, renewed on 10 October 2026, is AED 70,000 a year: a gross yield of 8.5% on the 2023 price.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical one-bed in Golf Gate 1
800K900K1M202220242026Typical sale price by year: 2022 AED 797,000; 2023 AED 849,000; 2024 AED 885,000; 2025 AED 973,500; 2026 AED 1,000,000Sold by developer, February 2023: AED 820,000 (AED 1,306 per sqft)

1603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1603, each contractTypical one-bed in Golf Gate 1
60K70K80K202520262027Typical rent by year: 2025 AED 70,000; 2026 AED 70,000Renewal, October 2026: AED 70,000 a year

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

1-beds in Golf Gate 1, and where 1603 sits

All 270 1-beds →

1603 last sold in February 2023 at AED 1,306 per sqft, in line with what one-beds in Golf Gate 1 were fetching at the time (AED 1,269). Over the last 12 months one-beds sold for AED 900,000 to 1,360,000, around AED 1,575 per sqft, and rent for AED 50,000 to 97,000 a year. 1603's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,000,000
14 Oct 20261,000,000
2 Oct 2026950,000
11 Sep 20261,100,000
34 1-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
16012-bedAED 1.36M · Jan 2023
16021-bedAED 827K · 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

1603, Golf Gate 1 in numbers

  • Sold once: by DAMAC on 13 February 2023 for AED 820,000, or AED 1,306 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 8.5%.
  • One-beds in Golf Gate 1 sold for AED 900,000–1,360,000 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 10 October 2026.

Questions about 1603, Golf Gate 1

What did unit 1603 last sell for?

AED 820,000 on 13 February 2023, sold by the developer: AED 1,306 per sqft for 628 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 70,000 a year on the contract renewed on 10 October 2026.

How big is unit 1603?

628 sqft (58.3 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2024.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golf Gate 1 sold for AED 900,000 to 1,360,000 in the last 12 months, around AED 1,575 per sqft.

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Mortgage on 1603, Golf Gate 1

Starts from the last sale price (AED 820K, 13 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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