1-bed · 635 sqftGolf Gate 2, Damac Hills · 5th floor

507, Golf Gate 2

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

Unit 507 · DLD and Ejari recordsUpdated 8 September 2023
Last soldAED 822K8 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Golf Gate 2

What is 507 worth today?

Last sold for AED 822,220 in 2023

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8 Sep 2023Sold by developerOff-plan
AED 822,220AED 1,295 per sqft

Source: Dubai Land Department. Updated 8 September 2023.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
5th of 29
Parking
1
Developer
DAMAC
Last sold
AED 822K · September 2023
Building
Golf Gate 2

About 507, Golf Gate 2

507 is a one-bedroom apartment of 635 sqft on the 5th floor of Golf Gate 2, a 29-storey tower in Damac Hills by DAMAC. The developer sold it on 8 September 2023 for AED 822,220, or AED 1,295 per sqft, in line with the AED 1,324 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Golf Gate 2
800K1M20232024202520262027Typical sale price by year: 2023 AED 869,260; 2024 AED 1,052,000; 2025 AED 877,500; 2026 AED 941,000Sold by developer, September 2023: AED 822,220 (AED 1,295 per sqft)

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

Rents
Unit 507, 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 507 sits

All 369 1-beds →

507 last sold in September 2023 at AED 1,295 per sqft, in line with what one-beds in Golf Gate 2 were fetching at the time (AED 1,324). 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 5th floor

All 460 units in Golf Gate 2
Value
5012-bedAED 1.38M · Sep 2023
5021-bedAED 817K · Sep 2023
5031-bedAED 782K · Sep 2023
5041-bedAED 850K · Sep 2023
5051-bedAED 855K · Sep 2025
5061-bedAED 785K · Aug 2023
5081-bedAED 785K · Sep 2023
1–7 of 17

507, Golf Gate 2 in numbers

  • Sold once: by DAMAC on 8 September 2023 for AED 822,220, or AED 1,295 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 8 September 2023.

Questions about 507, Golf Gate 2

What did unit 507 last sell for?

AED 822,220 on 8 September 2023, sold by the developer: AED 1,295 per sqft for 635 sqft. It is the only registered sale of the unit.

How big is unit 507?

635 sqft (59.0 sqm): a one-bedroom apartment on the 5th floor of a 29-storey tower.

What is unit 507 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 507, Golf Gate 2

Starts from the last sale price (AED 822K, 8 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 822,220
Deposit, UAE resident (20%)
AED 164,444
Deposit, non-resident (40%)
AED 328,888
Monthly over 25 years at 3.7%
AED 3,364

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