505, Golf Gate 1
Sold prices and rental history: sold twice, last in June 2024, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Golf Gate 1
What is 505 worth today?
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Source: Dubai Land Department. Updated 20 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 641 sqft
- Floor
- 5th of 29
- Parking
- 1
- Developer
- DAMAC
- Completed
- 2024
- Last sold
- AED 760K · June 2024
- Building
- Golf Gate 1
About 505, Golf Gate 1
505 is a one-bedroom apartment of 641 sqft on the 5th floor of Golf Gate 1, a 29-storey tower in Damac Hills completed in 2024 by DAMAC. It last sold on 7 June 2024 for AED 760,000, or AED 1,185 per sqft, 8% below the AED 1,284 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 June 2025. The current contract, signed on 20 June 2025, is AED 70,000 a year: a gross yield of 9.2% on the 2024 price.
Sales and rents for 505 over time
505 has sold twice; 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 Gate 1, and where 505 sits
All 270 1-beds →505 last sold in June 2024 at AED 1,185 per sqft, 8% below what one-beds in Golf Gate 1 were fetching at the time (AED 1,284). 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. 505's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 632 sqft | 1,000,000 | 1,583 | ||
| 14 Oct 202614 October 2026 | 628 sqft | 1,000,000 | 1,592 | ||
| 2 Oct 20262 October 2026 | 635 sqft | 950,000 | 1,496 | ||
| 11 Sep 202611 September 2026 | 635 sqft | 1,100,000 | 1,732 |
Golf Gate 1
Building351 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%
Other units on the 5th floor
All 351 units in Golf Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,135 sqft | AED 1.68MAED 1,675,000 · Nov 2025November 2025 | ||
| 502 | 1-bed | 640 sqft | AED 798KAED 798,000 · Nov 2022November 2022 | 69,000 /yr | |
| 503 | 1-bed | 635 sqft | AED 800KAED 800,000 · Sep 2023September 2023 | 67,000 /yr | |
| 504 | 1-bed | 651 sqft | AED 1.03MAED 1,025,000 · Apr 2025April 2025 | 63,000 /yr | |
| 506 | 1-bed | 635 sqft | AED 792KAED 792,000 · Nov 2022November 2022 | 74,000 /yr | |
| 507 | 1-bed | 648 sqft | AED 808KAED 808,000 · Dec 2022December 2022 | 65,000 /yr | |
| 508 | 2-bed | 1,284 sqft | AED 1.2MAED 1,200,000 · Nov 2023November 2023 | ||
| 509 | 1-bed | 941 sqft | AED 1.22MAED 1,215,000 · Sep 2025September 2025 | 84,000 /yr | |
| 510 | 1-bed | 642 sqft | AED 825KAED 825,000 · Feb 2025February 2025 | ||
| 511 | 1-bed | 634 sqft | AED 757KAED 757,000 · Dec 2022December 2022 | ||
| 512 | 1-bed | 643 sqft | AED 955KAED 955,000 · Mar 2024March 2024 | 61,000 /yr | |
| 513 | 2-bed | 566 sqft | AED 1.23MAED 1,232,000 · Jan 2023January 2023 |
505, Golf Gate 1 in numbers
- Sold twice: first on 14 December 2022 for AED 799,000, last on 7 June 2024 for AED 760,000 (AED 1,185 per sqft).
- Rented since June 2025 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 9.2%.
- 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 20 June 2025.
Questions about 505, Golf Gate 1
What did unit 505 last sell for?
AED 760,000 on 7 June 2024: AED 1,185 per sqft for 641 sqft. The unit has 2 registered sales; the first was AED 799,000 in December 2022.
What is the rent for unit 505?
AED 70,000 a year on the contract signed on 20 June 2025.
How big is unit 505?
641 sqft (59.6 sqm): a one-bedroom apartment on the 5th floor of a 29-storey tower completed in 2024.
What is unit 505 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 505, Golf Gate 1
Starts from the last sale price (AED 760K, 7 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 760,000
- Deposit, UAE resident (20%)
- AED 152,000
- Deposit, non-resident (40%)
- AED 304,000
- Monthly over 25 years at 3.7%
- AED 3,109
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →