516, Golf Gate 2
Sold prices and rental history: sold once, by the developer in August 2023, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Golf Gate 2
What is 516 worth today?
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Source: Dubai Land Department. Updated 20 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 642 sqft
- Floor
- 5th of 29
- Parking
- 1
- Developer
- DAMAC
- Last sold
- AED 784K · August 2023
- Building
- Golf Gate 2
About 516, Golf Gate 2
516 is a one-bedroom apartment of 642 sqft on the 5th floor of Golf Gate 2, a 29-storey tower in Damac Hills by DAMAC. The developer sold it on 1 August 2023 for AED 784,000, or AED 1,221 per sqft, 8% below the AED 1,330 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 June 2025. The current contract, signed on 20 June 2025, is AED 70,000 a year: a gross yield of 8.9% on the 2023 price.
Sales and rents for 516 over time
516 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 2, and where 516 sits
All 369 1-beds →516 last sold in August 2023 at AED 1,221 per sqft, 8% below 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. 516's AED 70,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 632 sqft | 1,271,040 | 2,012 | ||
| 13 Oct 202613 October 2026 | 632 sqft | 820,000 | 1,298 | ||
| 8 Oct 20268 October 2026 | 628 sqft | 1,057,920 | 1,685 | ||
| 1 Oct 20261 October 2026 | 656 sqft | 924,140 | 1,407 |
Golf Gate 2
Building460 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%
Other units on the 5th floor
All 460 units in Golf Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,132 sqft | AED 1.38MAED 1,381,000 · Sep 2023September 2023 | ||
| 502 | 1-bed | 632 sqft | AED 817KAED 817,320 · Sep 2023September 2023 | ||
| 503 | 1-bed | 641 sqft | AED 782KAED 782,000 · Sep 2023September 2023 | ||
| 504 | 1-bed | 657 sqft | AED 850KAED 849,660 · Sep 2023September 2023 | ||
| 505 | 1-bed | 628 sqft | AED 855KAED 855,000 · Sep 2025September 2025 | ||
| 506 | 1-bed | 643 sqft | AED 785KAED 785,000 · Aug 2023August 2023 | ||
| 507 | 1-bed | 635 sqft | AED 822KAED 822,220 · Sep 2023September 2023 | ||
| 508 | 1-bed | 643 sqft | AED 785KAED 785,000 · Sep 2023September 2023 | ||
| 509 | 1-bed | 666 sqft | AED 861KAED 861,420 · Sep 2023September 2023 | ||
| 510 | 1-bed | 661 sqft | AED 856KAED 855,540 · Sep 2023September 2023 | ||
| 511 | 1-bed | 643 sqft | AED 785KAED 785,000 · Sep 2023September 2023 | ||
| 512 | 1-bed | 635 sqft | AED 839KAED 839,000 · Aug 2023August 2023 | ||
| 513 | 1-bed | 643 sqft | AED 784KAED 784,000 · Sep 2023September 2023 | ||
| 514 | 1-bed | 628 sqft | AED 829KAED 829,000 · Sep 2023September 2023 | ||
| 515 | 1-bed | 657 sqft | AED 850KAED 849,660 · Sep 2023September 2023 | ||
| 517 | 1-bed | 632 sqft | AED 881KAED 881,000 · Nov 2023November 2023 | ||
| 518 | 2-bed | 1,132 sqft | AED 1.47MAED 1,466,000 · Apr 2024April 2024 |
516, Golf Gate 2 in numbers
- Sold once: by DAMAC on 1 August 2023 for AED 784,000, or AED 1,221 per sqft.
- Rented since June 2025 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 8.9%.
- 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 20 June 2025.
Questions about 516, Golf Gate 2
What did unit 516 last sell for?
AED 784,000 on 1 August 2023, sold by the developer: AED 1,221 per sqft for 642 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 70,000 a year on the contract signed on 20 June 2025.
How big is unit 516?
642 sqft (59.6 sqm): a one-bedroom apartment on the 5th floor of a 29-storey tower.
What is unit 516 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 516, Golf Gate 2
Starts from the last sale price (AED 784K, 1 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 784,000
- Deposit, UAE resident (20%)
- AED 156,800
- Deposit, non-resident (40%)
- AED 313,600
- Monthly over 25 years at 3.7%
- AED 3,208
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →