2-bed · 1,259 sqftGolf Gate 1, Damac Hills · 7th floor · completed 2024

708, Golf Gate 1

Sold prices and rental history: sold twice, last in August 2024, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 8 July 2025
Last soldAED 1.4M15 August 2024
Current rentAED 130K /yr8 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Golf Gate 1

What is 708 worth today?

Last sold for AED 1,400,000 in 2024

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8 Jul 2025RentedNew contract
AED 130,000/yr12 months · AED 103 per sqft
15 Aug 2024SoldOff-plan
AED 1,400,000AED 1,111 per sqft
19 Jan 2023Sold by developerOff-plan
AED 1,448,000AED 1,149 per sqft

Source: Dubai Land Department. Updated 8 July 2025.

Key facts

Type
2-bed apartment
Size
1,259 sqft
Floor
7th of 29
Parking
1
Developer
DAMAC
Completed
2024
Last sold
AED 1.4M · August 2024
Building
Golf Gate 1

About 708, Golf Gate 1

708 is a two-bedroom apartment of 1,259 sqft on the 7th floor of Golf Gate 1, a 29-storey tower in Damac Hills completed in 2024 by DAMAC. It last sold on 15 August 2024 for AED 1,400,000, or AED 1,111 per sqft, in line with the AED 1,111 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 July 2025. The current contract, signed on 8 July 2025, is AED 130,000 a year: a gross yield of 9.3% on the 2024 price.

Sales and rents for 708 over time

Sales
Unit 708, 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 1,448,000 (AED 1,149 per sqft)Sold, August 2024: AED 1,400,000 (AED 1,111 per sqft)

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

2-beds in Golf Gate 1, and where 708 sits

All 69 2-beds →

708 last sold in August 2024 at AED 1,111 per sqft, in line with what two-beds in Golf Gate 1 were fetching at the time (AED 1,111). Over the last 12 months two-beds sold for AED 1,580,000 to 1,890,000, around AED 1,522 per sqft, and rent for AED 90,000 to 130,000 a year. 708's AED 130,000 is at the top of that range.

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
5 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. 19 sold in the last 12 months.

Typical price per sqft
AED 1,575 Up 5.9%
Typical sale
AED 1.02M
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
7041-bedAED 791K · Aug 2022
7051-bedAED 799K · Aug 2022
7061-bedAED 782K · Aug 2022
7071-bedAED 815K · Dec 2022
1–7 of 12

708, Golf Gate 1 in numbers

  • Sold twice: first on 19 January 2023 for AED 1,448,000, last on 15 August 2024 for AED 1,400,000 (AED 1,111 per sqft).
  • Rented since July 2025 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 9.3%.
  • 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 8 July 2025.

Questions about 708, Golf Gate 1

What did unit 708 last sell for?

AED 1,400,000 on 15 August 2024: AED 1,111 per sqft for 1,259 sqft. The unit has 2 registered sales; the first was AED 1,448,000 in January 2023.

What is the rent for unit 708?

AED 130,000 a year on the contract signed on 8 July 2025.

How big is unit 708?

1,259 sqft (117.0 sqm): a two-bedroom apartment on the 7th floor of a 29-storey tower completed in 2024.

What is unit 708 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 1,522 per sqft.

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Mortgage on 708, Golf Gate 1

Starts from the last sale price (AED 1.4M, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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