1-bed · 714 sqftDamac Bay - Tower A, Dubai Harbour · 16th floor · completed 2027

1603, Damac Bay - Tower A

Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 2.65M3 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Damac Bay - Tower A

What is 1603 worth today?

Last sold for AED 2,650,000 in 2024

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3 Oct 2024SoldOff-plan
AED 2,650,000AED 3,710 per sqft
23 May 2023Sold by developerOff-plan
AED 2,950,000AED 4,100 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
1-bed apartment
Size
714 sqft
Floor
16th of 46
Parking
1
Developer
DAMAC
Completed
2027
Last sold
AED 2.65M · October 2024

About 1603, Damac Bay - Tower A

1603 is a one-bedroom apartment of 714 sqft on the 16th floor of Damac Bay - Tower A, a 46-storey tower in Dubai Harbour completed in 2027 by DAMAC. It last sold on 3 October 2024 for AED 2,650,000, or AED 3,710 per sqft, 18% below the AED 4,523 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical one-bed in Damac Bay - Tower A
3M4M20232024202520262027Typical sale price by year: 2023 AED 3,173,000; 2024 AED 3,990,000; 2025 AED 3,826,710; 2026 AED 3,950,180Sold by developer, May 2023: AED 2,950,000 (AED 4,100 per sqft)Sold, October 2024: AED 2,650,000 (AED 3,710 per sqft)

1603 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Damac Bay - Tower A, and where 1603 sits

All 220 1-beds →

1603 last sold in October 2024 at AED 3,710 per sqft, 18% below what one-beds in Damac Bay - Tower A were fetching at the time (AED 4,523). Over the last 12 months one-beds sold for AED 3,359,000 to 4,237,000, around AED 3,113 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20263,874,560
27 Jul 20264,177,150
28 Apr 20263,686,440
16 Apr 20264,071,000
14 1-bed sales in the last 12 months

Damac Bay - Tower A

Building

355 apartments, 1-bed to 5-bed over 46 floors in Dubai Harbour, completed in 2027 by DAMAC. 17 sold in the last 12 months.

Typical price per sqft
AED 3,204 Down 7.2%
Typical sale
AED 4.03M
Typical rent
Few contracts
Typical yield
Damac Bay - Tower A, Dubai Harbour: prices, sales and rents →

Other units on the 16th floor

All 355 units in Damac Bay - Tower A
Value
16012-bedAED 5.97M · Jun 2023
16021-bedAED 3.25M · Jun 2023
16041-bedAED 3.21M · May 2023
16051-bedAED 3.67M · Jul 2023
16061-bedAED 3.32M · May 2023
16072-bedAED 4.48M · May 2023
16083-bedAED 8.37M · Jun 2023
1–7 of 8

1603, Damac Bay - Tower A in numbers

  • Sold twice: first on 23 May 2023 for AED 2,950,000, last on 3 October 2024 for AED 2,650,000 (AED 3,710 per sqft).
  • One-beds in Damac Bay - Tower A sold for AED 3,359,000–4,237,000 in the 12 months to November 2026; the building's median across all types is AED 3,204 per sqft.

Source: Dubai Land Department. Updated 3 October 2024.

Questions about 1603, Damac Bay - Tower A

What did unit 1603 last sell for?

AED 2,650,000 on 3 October 2024: AED 3,710 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 2,950,000 in May 2023.

How big is unit 1603?

714 sqft (66.3 sqm): a one-bedroom apartment on the 16th floor of a 46-storey tower completed in 2027.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Damac Bay - Tower A sold for AED 3,359,000 to 4,237,000 in the last 12 months, around AED 3,113 per sqft.

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Mortgage on 1603, Damac Bay - Tower A

Starts from the last sale price (AED 2.65M, 3 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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