506, Golf Gate 1
Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Golf Gate 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 6 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 635 sqft
- Floor
- 5th of 29
- Parking
- 1
- Developer
- DAMAC
- Completed
- 2024
- Last sold
- AED 792K · November 2022
- Building
- Golf Gate 1
About 506, Golf Gate 1
506 is a one-bedroom apartment of 635 sqft on the 5th floor of Golf Gate 1, a 29-storey tower in Damac Hills completed in 2024 by DAMAC. The developer sold it on 28 November 2022 for AED 792,000, or AED 1,247 per sqft, in line with the AED 1,245 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 6 August 2026, is AED 74,000 a year: a gross yield of 9.3% on the 2022 price.
Sales and rents for 506 over time
506 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 Gate 1, and where 506 sits
All 270 1-beds →506 last sold in November 2022 at AED 1,247 per sqft, in line with what one-beds in Golf Gate 1 were fetching at the time (AED 1,245). 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. 506's AED 74,000 is in the upper 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 | |
| 505 | 1-bed | 641 sqft | AED 760KAED 760,000 · Jun 2024June 2024 | 70,000 /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 |
506, Golf Gate 1 in numbers
- Sold once: by DAMAC on 28 November 2022 for AED 792,000, or AED 1,247 per sqft.
- Rented since August 2025 on 2 Ejari contracts, at AED 74,000 a year.
- At AED 74,000 a year the gross yield on the 2022 price is 9.3%.
- 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 6 August 2026.
Questions about 506, Golf Gate 1
What did unit 506 last sell for?
AED 792,000 on 28 November 2022, sold by the developer: AED 1,247 per sqft for 635 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 74,000 a year on the contract renewed on 6 August 2026. The previous contract, from August 2025, was AED 74,000.
How big is unit 506?
635 sqft (59.0 sqm): a one-bedroom apartment on the 5th floor of a 29-storey tower completed in 2024.
What is unit 506 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 506, Golf Gate 1
Starts from the last sale price (AED 792K, 28 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 792,000
- Deposit, UAE resident (20%)
- AED 158,400
- Deposit, non-resident (40%)
- AED 316,800
- Monthly over 25 years at 3.7%
- AED 3,240
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →