2-bed · 1,259 sqftGolf Gate 1, Damac Hills · 15th floor · completed 2024

1508, Golf Gate 1

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

Unit 1508 · DLD and Ejari recordsUpdated 10 November 2022
Last soldAED 1.5M10 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Golf Gate 1

What is 1508 worth today?

Last sold for AED 1,503,000 in 2022

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10 Nov 2022Sold by developerOff-plan
AED 1,503,000AED 1,193 per sqft

Source: Dubai Land Department. Updated 10 November 2022.

Key facts

Type
2-bed apartment
Size
1,259 sqft
Floor
15th of 29
Parking
1
Developer
DAMAC
Completed
2024
Last sold
AED 1.5M · November 2022
Building
Golf Gate 1

About 1508, Golf Gate 1

1508 is a two-bedroom apartment of 1,259 sqft on the 15th floor of Golf Gate 1, a 29-storey tower in Damac Hills completed in 2024 by DAMAC. The developer sold it on 10 November 2022 for AED 1,503,000, or AED 1,193 per sqft, 4% above the AED 1,145 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical two-bed in Golf Gate 1
1.4M1.6M20222023202420252026Typical sale price by year: 2022 AED 1,320,000; 2023 AED 1,384,000; 2024 AED 1,400,000; 2025 AED 1,590,000Sold by developer, November 2022: AED 1,503,000 (AED 1,193 per sqft)

1508 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Golf Gate 1, and where 1508 sits

All 69 2-beds →

1508 last sold in November 2022 at AED 1,193 per sqft, 4% above what two-beds in Golf Gate 1 were fetching at the time (AED 1,145). Over the last 12 months two-beds sold for AED 1,580,000 to 1,890,000, around AED 1,511 per sqft, and rent for AED 90,000 to 130,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20261,725,000
27 Jan 20261,800,000
11 Dec 20251,820,000
10 Dec 20251,890,000
6 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. 21 sold in the last 12 months.

Typical price per sqft
AED 1,575 Up 5.9%
Typical sale
AED 1.04M
Typical rent
AED 75K /yr
Typical yield
7.3%
Golf Gate 1, Damac Hills: prices, sales and rents →

Other units on the 15th floor

All 351 units in Golf Gate 1
Value
15012-bedAED 1.33M · Nov 2022
15021-bedAED 823K · Aug 2022
15031-bedAED 768K · Aug 2022
15041-bedAED 835K · Aug 2022
15051-bedAED 827K · Dec 2022
15061-bedAED 1.02M · Jan 2026
15071-bedAED 972K · Jul 2025
1–7 of 12

1508, Golf Gate 1 in numbers

  • Sold once: by DAMAC on 10 November 2022 for AED 1,503,000, or AED 1,193 per sqft.
  • Two-beds in Golf Gate 1 sold for AED 1,580,000–1,890,000 in the 12 months to November 2026; the building's median across all types is AED 1,575 per sqft.

Source: Dubai Land Department. Updated 10 November 2022.

Questions about 1508, Golf Gate 1

What did unit 1508 last sell for?

AED 1,503,000 on 10 November 2022, sold by the developer: AED 1,193 per sqft for 1,259 sqft. It is the only registered sale of the unit.

How big is unit 1508?

1,259 sqft (117.0 sqm): a two-bedroom apartment on the 15th floor of a 29-storey tower completed in 2024.

What is unit 1508 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 1,580,000 to 1,890,000 in the last 12 months, around AED 1,511 per sqft.

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Mortgage on 1508, Golf Gate 1

Starts from the last sale price (AED 1.5M, 10 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,503,000
Deposit, UAE resident (20%)
AED 300,600
Deposit, non-resident (40%)
AED 601,200
Monthly over 25 years at 3.7%
AED 6,149

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