Golf Gate — project image
✓ 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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 47,465 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,165
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 506,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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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...

Published payment summary

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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

Damac Hills

Developer and Project Facts

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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