2-bed · 1,279 sqftDamac Bay - Tower A, Dubai Harbour · 5th floor · completed 2027

507, Damac Bay - Tower A

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

Unit 507 · DLD and Ejari recordsUpdated 23 May 2023
Last soldAED 4.4M23 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Damac Bay - Tower A

What is 507 worth today?

Last sold for AED 4,400,000 in 2023

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23 May 2023Sold by developerOff-plan
AED 4,400,000AED 3,440 per sqft

Source: Dubai Land Department. Updated 23 May 2023.

Key facts

Type
2-bed apartment
Size
1,279 sqft
Floor
5th of 46
Parking
1
Developer
DAMAC
Completed
2027
Last sold
AED 4.4M · May 2023

About 507, Damac Bay - Tower A

507 is a two-bedroom apartment of 1,279 sqft on the 5th floor of Damac Bay - Tower A, a 46-storey tower in Dubai Harbour completed in 2027 by DAMAC. The developer sold it on 23 May 2023 for AED 4,400,000, or AED 3,440 per sqft, in line with the AED 3,403 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Damac Bay - Tower A
5M7.5M2023202420252026Typical sale price by year: 2023 AED 5,122,845; 2024 AED 6,971,520; 2025 AED 9,013,000Sold by developer, May 2023: AED 4,400,000 (AED 3,440 per sqft)

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

2-beds in Damac Bay - Tower A, and where 507 sits

All 81 2-beds →

507 last sold in May 2023 at AED 3,440 per sqft, in line with what two-beds in Damac Bay - Tower A were fetching at the time (AED 3,403). Over the last 12 months two-beds sold for AED 4,866,000 to 8,925,840, around AED 4,085 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Feb 20268,925,840
16 Jan 20264,866,000
10 Jul 20259,204,000
28 Apr 20259,013,000
2 2-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 5th floor

All 355 units in Damac Bay - Tower A
Value
5012-bedAED 5.54M · May 2023
5021-bedAED 3.26M · May 2023
5031-bedAED 2.76M · Jun 2025
5041-bedAED 2.75M · Jul 2025
5051-bedAED 3.07M · Oct 2024
5061-bedAED 3.33M · Jun 2023
5083-bedAED 6.01M · May 2023
1–7 of 8

507, Damac Bay - Tower A in numbers

  • Sold once: by DAMAC on 23 May 2023 for AED 4,400,000, or AED 3,440 per sqft.
  • Two-beds in Damac Bay - Tower A sold for AED 4,866,000–8,925,840 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 23 May 2023.

Questions about 507, Damac Bay - Tower A

What did unit 507 last sell for?

AED 4,400,000 on 23 May 2023, sold by the developer: AED 3,440 per sqft for 1,279 sqft. It is the only registered sale of the unit.

How big is unit 507?

1,279 sqft (118.8 sqm): a two-bedroom apartment on the 5th floor of a 46-storey tower completed in 2027.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Damac Bay - Tower A sold for AED 4,866,000 to 8,925,840 in the last 12 months, around AED 4,085 per sqft.

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Mortgage on 507, Damac Bay - Tower A

Starts from the last sale price (AED 4.4M, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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