2-bed · 1,137 sqftGolf Gate 1, Damac Hills · 16th floor · completed 2024

1601, Golf Gate 1

Sold prices and rental history: sold once, by the developer in January 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 11 January 2023
Last soldAED 1.36M11 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Golf Gate 1

What is 1601 worth today?

Last sold for AED 1,363,000 in 2023

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11 Jan 2023Sold by developerOff-plan
AED 1,363,000AED 1,198 per sqft

Source: Dubai Land Department. Updated 11 January 2023.

Key facts

Type
2-bed apartment
Size
1,137 sqft
Floor
16th of 29
Parking
1
Developer
DAMAC
Completed
2024
Last sold
AED 1.36M · January 2023
Building
Golf Gate 1

About 1601, Golf Gate 1

1601 is a two-bedroom apartment of 1,137 sqft on the 16th floor of Golf Gate 1, a 29-storey tower in Damac Hills completed in 2024 by DAMAC. The developer sold it on 11 January 2023 for AED 1,363,000, or AED 1,198 per sqft, 3% above the AED 1,161 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 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, January 2023: AED 1,363,000 (AED 1,198 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 1, and where 1601 sits

All 69 2-beds →

1601 last sold in January 2023 at AED 1,198 per sqft, 3% above what two-beds in Golf Gate 1 were fetching at the time (AED 1,161). 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 16th floor

All 351 units in Golf Gate 1
Value
16021-bedAED 827K · Feb 2023
16031-bedAED 820K · Feb 2023
16041-bedAED 839K · Dec 2022
16051-bedAED 910K · Mar 2025
16061-bedAED 829K · Jan 2023
16071-bedAED 829K · Jan 2023
16082-bedAED 1.51M · Feb 2023
1–7 of 12

1601, Golf Gate 1 in numbers

  • Sold once: by DAMAC on 11 January 2023 for AED 1,363,000, or AED 1,198 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 11 January 2023.

Questions about 1601, Golf Gate 1

What did unit 1601 last sell for?

AED 1,363,000 on 11 January 2023, sold by the developer: AED 1,198 per sqft for 1,137 sqft. It is the only registered sale of the unit.

How big is unit 1601?

1,137 sqft (105.6 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower completed in 2024.

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 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 1601, Golf Gate 1

Starts from the last sale price (AED 1.36M, 11 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,363,000
Deposit, UAE resident (20%)
AED 272,600
Deposit, non-resident (40%)
AED 545,200
Monthly over 25 years at 3.7%
AED 5,576

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