Golf Gate
✓ Resale Available

Golf Gate

From AED 1.10M·Completed Dec 2024·Accepted payment methods: credit_debit_card, bank_transfe... Payment
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AED 1.10M
Starting Price
Dec 2024
Handover
Accepted payment methods: credit_debit_card, bank_transfe...
Payment Plan
1 BR · Apartments
Type

Project Overview

Golf Gate is a project by developer Damac Properties located in the prestigious Damac Hills neighborhood. The project rises to 31 floors and includes one and two-bedroom residences characterized by modern design and high quality finishes. Each apartment in the Golf Gate complex is designed with premium materials and is focused on providing maximum comfort for residents. Planning solutions provide spacious rooms with an open plan, which contributes to the effective use of natural light and creates favorable conditions for families. The interior is characterized by modern and elegant design, focusing on aesthetic and functional aspects. A special feature of the project is the presence of panoramic views of the golf course. Golf Gate offers its residents a wide range of amenities including: several swimming pools, a modernly equipped gymnasium, equipped barbecue areas, convenient parking spaces for residents and safe areas for children to play. Park Gate enjoys an excellent location providing easy access to the city's major thoroughfares. The Dubai Mall is approximately 19 minutes away, the Palm Jumeirah is 17 minutes away, the Burj Al Arab is 15 minutes away and The Walk JBR is 21 minutes away. Dubai International Airport is approximately 27 minutes' drive away and Al Maktoum International Airport is approximately 33 minutes' drive away.

Project Specifications
DeveloperDamac Properties
LocationDamac Hills
Unit Types1 BR, Apartments
AreaDamac Hills
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 47,465 / year
Cash-on-Cash
1.8%
Levered cashflow AED 11,165
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 71,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Golf Gate launch basis1,222AED 1.10MCurrent launch / asking basis
Damac Hills ready-stock comps1,500AED 1.35MIndicative resale benchmark
Damac Hills premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Golf Gate official render 1

Golf Gate official render 1

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Golf Gate official render 10

Golf Gate official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

Accepted payment methods: credit_debit_card, bank_transfe...

Flexible Payment

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Amenities & Lifestyle

BBQ
Basketball court
Bike path
Dog walking area
Football field
Golf course
Landscaped park
Retail outlets
Sauna
Shared Pool
Shared gym & fitness
Tennis court
Walking paths

Location

Damac Hills

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Damac HillsDamac HillsDubai, UAE

Developer Track Record

01

Golf Gate by Damac Properties

02

Located in Damac Hills

03

Starting from AED 1,100,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2024

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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