1-bed · 640 sqftGolf Gate 1, Damac Hills · 5th floor · completed 2024

502, 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 502 · DLD and Ejari recordsUpdated 28 November 2022
Last soldAED 798K28 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Golf Gate 1

What is 502 worth today?

Last sold for AED 798,000 in 2022

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28 Nov 2022Sold by developerOff-plan
AED 798,000AED 1,246 per sqft

Source: Dubai Land Department. Updated 28 November 2022.

Key facts

Type
1-bed apartment
Size
640 sqft
Floor
5th of 29
Parking
1
Developer
DAMAC
Completed
2024
Last sold
AED 798K · November 2022
Building
Golf Gate 1

About 502, Golf Gate 1

502 is a one-bedroom apartment of 640 sqft on the 5th floor of Golf Gate 1, a 29-storey tower in Damac Hills completed in 2024 by DAMAC. The developer sold it on 28 November 2022 for AED 798,000, or AED 1,246 per sqft, in line with the AED 1,243 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Golf Gate 1
800K900K1M202220242026Typical sale price by year: 2022 AED 795,000; 2023 AED 847,500; 2024 AED 939,000; 2025 AED 973,500; 2026 AED 1,007,500Sold by developer, November 2022: AED 798,000 (AED 1,246 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in Golf Gate 1
70K73K75K202520262027Typical rent by year: 2025 AED 70,000; 2026 AED 75,000

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 1, and where 502 sits

All 246 1-beds →

502 last sold in November 2022 at AED 1,246 per sqft, in line with what one-beds in Golf Gate 1 were fetching at the time (AED 1,243). Over the last 12 months one-beds sold for AED 910,000 to 1,360,000, around AED 1,575 per sqft, and rent for AED 68,000 to 90,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20261,360,000
4 Feb 20261,000,000
30 Jan 20261,050,000
26 Jan 20261,015,000
15 1-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 5th floor

All 351 units in Golf Gate 1
Value
501AED 1.68M · Nov 2025
5031-bedAED 800K · Sep 2023
5041-bedAED 1.03M · Apr 2025
5051-bedAED 760K · Jun 2024
5061-bedAED 792K · Nov 2022
5071-bedAED 808K · Dec 2022
5082-bedAED 1.2M · Nov 2023
1–7 of 12

502, Golf Gate 1 in numbers

  • Sold once: by DAMAC on 28 November 2022 for AED 798,000, or AED 1,246 per sqft.
  • One-beds in Golf Gate 1 sold for AED 910,000–1,360,000 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 28 November 2022.

Questions about 502, Golf Gate 1

What did unit 502 last sell for?

AED 798,000 on 28 November 2022, sold by the developer: AED 1,246 per sqft for 640 sqft. It is the only registered sale of the unit.

How big is unit 502?

640 sqft (59.5 sqm): a one-bedroom apartment on the 5th floor of a 29-storey tower completed in 2024.

What is unit 502 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 1 sold for AED 910,000 to 1,360,000 in the last 12 months, around AED 1,575 per sqft.

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Mortgage on 502, Golf Gate 1

Starts from the last sale price (AED 798K, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 798,000
Deposit, UAE resident (20%)
AED 159,600
Deposit, non-resident (40%)
AED 319,200
Monthly over 25 years at 3.7%
AED 3,265

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