2-bed · 1,132 sqftGolf Gate 2, Damac Hills · 16th floor

1601, Golf Gate 2

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 30 August 2023
Last soldAED 1.57M30 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Golf Gate 2

What is 1601 worth today?

Last sold for AED 1,573,000 in 2023

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30 Aug 2023Sold by developerOff-plan
AED 1,573,000AED 1,390 per sqft

Source: Dubai Land Department. Updated 30 August 2023.

Key facts

Type
2-bed apartment
Size
1,132 sqft
Floor
16th of 29
Parking
1
Developer
DAMAC
Last sold
AED 1.57M · August 2023
Building
Golf Gate 2

About 1601, Golf Gate 2

1601 is a two-bedroom apartment of 1,132 sqft on the 16th floor of Golf Gate 2, a 29-storey tower in Damac Hills by DAMAC. The developer sold it on 30 August 2023 for AED 1,573,000, or AED 1,390 per sqft, in line with the AED 1,375 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Golf Gate 2
1.4M1.6M1.8M20232024202520262027Typical sale price by year: 2023 AED 1,465,610; 2024 AED 1,666,000; 2025 AED 1,886,520; 2026 AED 1,530,000Sold by developer, August 2023: AED 1,573,000 (AED 1,390 per sqft)

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

2-beds in Golf Gate 2, and where 1601 sits

All 91 2-beds →

1601 last sold in August 2023 at AED 1,390 per sqft, in line with what two-beds in Golf Gate 2 were fetching at the time (AED 1,375). Over the last 12 months two-beds sold for AED 1,390,000 to 2,258,000, around AED 1,440 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Aug 20261,390,000
21 Aug 20261,485,000
19 Aug 20261,626,000
28 Apr 20261,607,000
15 2-bed sales in the last 12 months

Golf Gate 2

Building

460 apartments, 1-bed to 2-bed over 29 floors in Damac Hills by DAMAC. 40 sold in the last 12 months.

Typical price per sqft
AED 1,449 Up 2.8%
Typical sale
AED 1.09M
Typical rent
AED 68K /yr
Typical yield
7.4%
Golf Gate 2, Damac Hills: prices, sales and rents →

Other units on the 16th floor

All 460 units in Golf Gate 2
Value
16021-bedAED 989K · Oct 2023
16031-bedAED 939K · Nov 2023
16041-bedAED 1.01M · Oct 2023
16051-bedAED 983K · Oct 2023
16061-bedAED 762K · Jun 2024
16071-bedAED 946K · Sep 2023
16081-bedAED 942K · Feb 2024
1–7 of 16

1601, Golf Gate 2 in numbers

  • Sold once: by DAMAC on 30 August 2023 for AED 1,573,000, or AED 1,390 per sqft.
  • Two-beds in Golf Gate 2 sold for AED 1,390,000–2,258,000 in the 12 months to November 2026; the building's median across all types is AED 1,449 per sqft.

Source: Dubai Land Department. Updated 30 August 2023.

Questions about 1601, Golf Gate 2

What did unit 1601 last sell for?

AED 1,573,000 on 30 August 2023, sold by the developer: AED 1,390 per sqft for 1,132 sqft. It is the only registered sale of the unit.

How big is unit 1601?

1,132 sqft (105.2 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower.

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 2 sold for AED 1,390,000 to 2,258,000 in the last 12 months, around AED 1,440 per sqft.

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Mortgage on 1601, Golf Gate 2

Starts from the last sale price (AED 1.57M, 30 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,573,000
Deposit, UAE resident (20%)
AED 314,600
Deposit, non-resident (40%)
AED 629,200
Monthly over 25 years at 3.7%
AED 6,436

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