2-bed · 1,259 sqftGolf Gate 1, Damac Hills · 24th floor · completed 2024

2408, Golf Gate 1

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

Unit 2408 · DLD and Ejari recordsUpdated 16 March 2023
Last soldAED 1.56M16 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2408, Golf Gate 1

What is 2408 worth today?

Last sold for AED 1,563,000 in 2023

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16 Mar 2023Sold by developerOff-plan
AED 1,563,000AED 1,241 per sqft

Source: Dubai Land Department. Updated 16 March 2023.

Key facts

Type
2-bed apartment
Size
1,259 sqft
Floor
24th of 29
Parking
1
Developer
DAMAC
Completed
2024
Last sold
AED 1.56M · March 2023
Building
Golf Gate 1

About 2408, Golf Gate 1

2408 is a two-bedroom apartment of 1,259 sqft on the 24th floor of Golf Gate 1, a 29-storey tower in Damac Hills completed in 2024 by DAMAC. The developer sold it on 16 March 2023 for AED 1,563,000, or AED 1,241 per sqft, 6% above the AED 1,166 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2408 over time

Sales
Unit 2408, 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, March 2023: AED 1,563,000 (AED 1,241 per sqft)

2408 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 2408 sits

All 69 2-beds →

2408 last sold in March 2023 at AED 1,241 per sqft, 6% above what two-beds in Golf Gate 1 were fetching at the time (AED 1,166). 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 24th floor

All 351 units in Golf Gate 1
Value
24012-bedAED 1.41M · Nov 2022
24021-bedAED 985K · Jan 2024
24031-bedAED 830K · Aug 2022
2404AED 1M · Nov 2025
24051-bedAED 858K · Jan 2023
24061-bedAED 857K · May 2023
24071-bedAED 874K · Sep 2022
1–7 of 12

2408, Golf Gate 1 in numbers

  • Sold once: by DAMAC on 16 March 2023 for AED 1,563,000, or AED 1,241 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 16 March 2023.

Questions about 2408, Golf Gate 1

What did unit 2408 last sell for?

AED 1,563,000 on 16 March 2023, sold by the developer: AED 1,241 per sqft for 1,259 sqft. It is the only registered sale of the unit.

How big is unit 2408?

1,259 sqft (117.0 sqm): a two-bedroom apartment on the 24th floor of a 29-storey tower completed in 2024.

What is unit 2408 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 2408, Golf Gate 1

Starts from the last sale price (AED 1.56M, 16 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,563,000
Deposit, UAE resident (20%)
AED 312,600
Deposit, non-resident (40%)
AED 625,200
Monthly over 25 years at 3.7%
AED 6,395

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