1-bed · 642 sqftGolf Gate 1, Damac Hills · 7th floor · completed 2024

704, Golf Gate 1

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

Unit 704 · DLD and Ejari recordsUpdated 2 August 2022
Last soldAED 791K2 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Golf Gate 1

What is 704 worth today?

Last sold for AED 791,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Aug 2022Sold by developerOff-plan
AED 791,000AED 1,231 per sqft

Source: Dubai Land Department. Updated 2 August 2022.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
7th of 29
Parking
1
Developer
DAMAC
Completed
2024
Last sold
AED 791K · August 2022
Building
Golf Gate 1

About 704, Golf Gate 1

704 is a one-bedroom apartment of 642 sqft on the 7th floor of Golf Gate 1, a 29-storey tower in Damac Hills completed in 2024 by DAMAC. The developer sold it on 2 August 2022 for AED 791,000, or AED 1,231 per sqft, in line with the AED 1,242 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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, August 2022: AED 791,000 (AED 1,231 per sqft)

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

Rents
Unit 704, 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 704 sits

All 246 1-beds →

704 last sold in August 2022 at AED 1,231 per sqft, in line with what one-beds in Golf Gate 1 were fetching at the time (AED 1,242). 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 7th floor

All 351 units in Golf Gate 1
Value
7012-bedAED 1.31M · Dec 2022
7021-bedAED 780K · Aug 2022
7031-bedAED 995K · Jul 2025
7051-bedAED 799K · Aug 2022
7061-bedAED 782K · Aug 2022
7071-bedAED 815K · Dec 2022
7082-bedAED 1.4M · Aug 2024
1–7 of 12

704, Golf Gate 1 in numbers

  • Sold once: by DAMAC on 2 August 2022 for AED 791,000, or AED 1,231 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 2 August 2022.

Questions about 704, Golf Gate 1

What did unit 704 last sell for?

AED 791,000 on 2 August 2022, sold by the developer: AED 1,231 per sqft for 642 sqft. It is the only registered sale of the unit.

How big is unit 704?

642 sqft (59.6 sqm): a one-bedroom apartment on the 7th floor of a 29-storey tower completed in 2024.

What is unit 704 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.

Selling 704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 704, Golf Gate 1

Starts from the last sale price (AED 791K, 2 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 791,000
Deposit, UAE resident (20%)
AED 158,200
Deposit, non-resident (40%)
AED 316,400
Monthly over 25 years at 3.7%
AED 3,236

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