2-bed · 1,132 sqftGolf Gate 2, Damac Hills · 7th floor

701, Golf Gate 2

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

Unit 701 · DLD and Ejari recordsUpdated 9 September 2023
Last soldAED 1.38M9 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Golf Gate 2

What is 701 worth today?

Last sold for AED 1,375,920 in 2023

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9 Sep 2023Sold by developerOff-plan
AED 1,375,920AED 1,215 per sqft

Source: Dubai Land Department. Updated 9 September 2023.

Key facts

Type
2-bed apartment
Size
1,132 sqft
Floor
7th of 29
Parking
1
Developer
DAMAC
Last sold
AED 1.38M · September 2023
Building
Golf Gate 2

About 701, Golf Gate 2

701 is a two-bedroom apartment of 1,132 sqft on the 7th floor of Golf Gate 2, a 29-storey tower in Damac Hills by DAMAC. The developer sold it on 9 September 2023 for AED 1,375,920, or AED 1,215 per sqft, 12% below the AED 1,375 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Golf Gate 2
1.4M1.6M20232024202520262027Typical sale price by year: 2023 AED 1,472,000; 2024 AED 1,669,000; 2025 AED 1,731,405; 2026 AED 1,500,000Sold by developer, September 2023: AED 1,375,920 (AED 1,215 per sqft)

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

2-beds in Golf Gate 2, and where 701 sits

All 78 2-beds →

701 last sold in September 2023 at AED 1,215 per sqft, 12% below what two-beds in Golf Gate 2 were fetching at the time (AED 1,375). Over the last 12 months two-beds sold for AED 1,417,920 to 2,258,000, around AED 1,396 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jan 20261,900,000
27 Jan 20261,530,000
27 Jan 20261,470,000
23 Jan 20261,430,000
8 2-bed sales in the last 12 months

Golf Gate 2

Building

456 apartments, 1-bed to 2-bed over 29 floors in Damac Hills by DAMAC. 15 sold in the last 12 months.

Typical price per sqft
AED 1,435 Up 1.8%
Typical sale
AED 1.42M
Typical rent
AED 60K /yr
Typical yield
6.6%
Golf Gate 2, Damac Hills: prices, sales and rents →

Other units on the 7th floor

All 456 units in Golf Gate 2
Value
7021-bedAED 894K · Oct 2023
7031-bedAED 795K · Oct 2023
7041-bedAED 929K · Feb 2024
7051-bedAED 842K · Oct 2023
7061-bedAED 847K · Oct 2023
7071-bedAED 851K · Jul 2023
7081-bedAED 798K · Aug 2023
1–7 of 17

701, Golf Gate 2 in numbers

  • Sold once: by DAMAC on 9 September 2023 for AED 1,375,920, or AED 1,215 per sqft.
  • Two-beds in Golf Gate 2 sold for AED 1,417,920–2,258,000 in the 12 months to November 2026; the building's median across all types is AED 1,435 per sqft.

Source: Dubai Land Department. Updated 9 September 2023.

Questions about 701, Golf Gate 2

What did unit 701 last sell for?

AED 1,375,920 on 9 September 2023, sold by the developer: AED 1,215 per sqft for 1,132 sqft. It is the only registered sale of the unit.

How big is unit 701?

1,132 sqft (105.2 sqm): a two-bedroom apartment on the 7th floor of a 29-storey tower.

What is unit 701 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 2 sold for AED 1,417,920 to 2,258,000 in the last 12 months, around AED 1,396 per sqft.

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Mortgage on 701, Golf Gate 2

Starts from the last sale price (AED 1.38M, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,920
Deposit, UAE resident (20%)
AED 275,184
Deposit, non-resident (40%)
AED 550,368
Monthly over 25 years at 3.7%
AED 5,629

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