2-bed · 1,137 sqftGolf Gate 1, Damac Hills · 7th floor · completed 2024

701, Golf Gate 1

Sold prices and rental history: sold once, by the developer in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 23 December 2022
Last soldAED 1.31M23 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Golf Gate 1

What is 701 worth today?

Last sold for AED 1,308,000 in 2022

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23 Dec 2022Sold by developerOff-plan
AED 1,308,000AED 1,150 per sqft

Source: Dubai Land Department. Updated 23 December 2022.

Key facts

Type
2-bed apartment
Size
1,137 sqft
Floor
7th of 29
Parking
1
Developer
DAMAC
Completed
2024
Last sold
AED 1.31M · December 2022
Building
Golf Gate 1

About 701, Golf Gate 1

701 is a two-bedroom apartment of 1,137 sqft on the 7th floor of Golf Gate 1, a 29-storey tower in Damac Hills completed in 2024 by DAMAC. The developer sold it on 23 December 2022 for AED 1,308,000, or AED 1,150 per sqft, in line with the AED 1,150 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, 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, December 2022: AED 1,308,000 (AED 1,150 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Golf Gate 1
115K118K120K202520262027Typical rent by year: 2025 AED 120,000; 2026 AED 115,000

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 701 sits

All 81 2-beds →

701 last sold in December 2022 at AED 1,150 per sqft, in line with what two-beds in Golf Gate 1 were fetching at the time (AED 1,150). 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.

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 7th floor

All 351 units in Golf Gate 1
Value
7021-bedAED 780K · Aug 2022
7031-bedAED 995K · Jul 2025
7041-bedAED 791K · Aug 2022
7051-bedAED 799K · Aug 2022
7061-bedAED 782K · Aug 2022
7071-bedAED 815K · Dec 2022
7082-bedAED 1.4M · Aug 2024
1–7 of 12

701, Golf Gate 1 in numbers

  • Sold once: by DAMAC on 23 December 2022 for AED 1,308,000, or AED 1,150 per sqft.
  • 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 23 December 2022.

Questions about 701, Golf Gate 1

What did unit 701 last sell for?

AED 1,308,000 on 23 December 2022, sold by the developer: AED 1,150 per sqft for 1,137 sqft. It is the only registered sale of the unit.

How big is unit 701?

1,137 sqft (105.6 sqm): a two-bedroom apartment on the 7th floor of a 29-storey tower completed in 2024.

What is unit 701 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 701, Golf Gate 1

Starts from the last sale price (AED 1.31M, 23 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,308,000
Deposit, UAE resident (20%)
AED 261,600
Deposit, non-resident (40%)
AED 523,200
Monthly over 25 years at 3.7%
AED 5,351

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