1-bed · 632 sqftGolf Gate 2, Damac Hills · 16th floor

1602, Golf Gate 2

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

Unit 1602 · DLD and Ejari recordsUpdated 27 October 2023
Last soldAED 989K27 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Golf Gate 2

What is 1602 worth today?

Last sold for AED 989,000 in 2023

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27 Oct 2023Sold by developerOff-plan
AED 989,000AED 1,566 per sqft

Source: Dubai Land Department. Updated 27 October 2023.

Key facts

Type
1-bed apartment
Size
632 sqft
Floor
16th of 29
Parking
1
Developer
DAMAC
Last sold
AED 989K · October 2023
Building
Golf Gate 2

About 1602, Golf Gate 2

1602 is a one-bedroom apartment of 632 sqft on the 16th floor of Golf Gate 2, a 29-storey tower in Damac Hills by DAMAC. The developer sold it on 27 October 2023 for AED 989,000, or AED 1,566 per sqft, 18% above the AED 1,330 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in Golf Gate 2
900K1M20232024202520262027Typical sale price by year: 2023 AED 869,260; 2024 AED 1,052,000; 2025 AED 877,500; 2026 AED 941,000Sold by developer, October 2023: AED 989,000 (AED 1,566 per sqft)

1602 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Golf Gate 2
60K70K80K202520262027Typical rent by year: 2025 AED 70,000; 2026 AED 70,000

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 2, and where 1602 sits

All 369 1-beds →

1602 last sold in October 2023 at AED 1,566 per sqft, 18% above what one-beds in Golf Gate 2 were fetching at the time (AED 1,330). Over the last 12 months one-beds sold for AED 820,000 to 1,271,040, around AED 1,450 per sqft, and rent for AED 60,000 to 76,346 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,271,040
13 Oct 2026820,000
8 Oct 20261,057,920
1 Oct 2026924,140
25 1-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
16012-bedAED 1.57M · Aug 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

1602, Golf Gate 2 in numbers

  • Sold once: by DAMAC on 27 October 2023 for AED 989,000, or AED 1,566 per sqft.
  • One-beds in Golf Gate 2 sold for AED 820,000–1,271,040 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 27 October 2023.

Questions about 1602, Golf Gate 2

What did unit 1602 last sell for?

AED 989,000 on 27 October 2023, sold by the developer: AED 1,566 per sqft for 632 sqft. It is the only registered sale of the unit.

How big is unit 1602?

632 sqft (58.7 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower.

What is unit 1602 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 2 sold for AED 820,000 to 1,271,040 in the last 12 months, around AED 1,450 per sqft.

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Mortgage on 1602, Golf Gate 2

Starts from the last sale price (AED 989K, 27 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 989,000
Deposit, UAE resident (20%)
AED 197,800
Deposit, non-resident (40%)
AED 395,600
Monthly over 25 years at 3.7%
AED 4,046

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