3-bed · 1,997 sqftDamac Bay - Tower A, Dubai Harbour · 5th floor · completed 2027

508, 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 508 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 6.01M24 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Damac Bay - Tower A

What is 508 worth today?

Last sold for AED 6,006,000 in 2023

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24 May 2023Sold by developerOff-plan
AED 6,006,000AED 3,006 per sqft

Source: Dubai Land Department. Updated 24 May 2023.

Key facts

Type
3-bed apartment
Size
1,997 sqft
Floor
5th of 46
Parking
2
Developer
DAMAC
Completed
2027
Last sold
AED 6.01M · May 2023

About 508, Damac Bay - Tower A

508 is a three-bedroom apartment of 1,997 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 24 May 2023 for AED 6,006,000, or AED 3,006 per sqft, in line with the AED 3,023 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical three-bed in Damac Bay - Tower A
6M8M2023202420252026Typical sale price by year: 2023 AED 8,005,878; 2024 AED 8,964,760; 2025 AED 8,707,585Sold by developer, May 2023: AED 6,006,000 (AED 3,006 per sqft)

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

3-beds in Damac Bay - Tower A, and where 508 sits

All 48 3-beds →

508 last sold in May 2023 at AED 3,006 per sqft, in line with what three-beds in Damac Bay - Tower A were fetching at the time (AED 3,023). Over the last 12 months three-beds sold for AED 8,238,000, around AED 3,885 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Nov 20258,238,000
30 Sep 20259,177,170
10 Jul 20259,177,170
12 May 20257,022,000
1 3-bed sale 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
5072-bedAED 4.4M · May 2023
1–7 of 8

508, Damac Bay - Tower A in numbers

  • Sold once: by DAMAC on 24 May 2023 for AED 6,006,000, or AED 3,006 per sqft.
  • Three-beds in Damac Bay - Tower A sold for AED 8,238,000–8,238,000 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 24 May 2023.

Questions about 508, Damac Bay - Tower A

What did unit 508 last sell for?

AED 6,006,000 on 24 May 2023, sold by the developer: AED 3,006 per sqft for 1,997 sqft. It is the only registered sale of the unit.

How big is unit 508?

1,997 sqft (185.5 sqm): a three-bedroom apartment on the 5th floor of a 46-storey tower completed in 2027.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Damac Bay - Tower A sold for AED 8,238,000 to 8,238,000 in the last 12 months, around AED 3,885 per sqft.

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Mortgage on 508, Damac Bay - Tower A

Starts from the last sale price (AED 6.01M, 24 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,006,000
Deposit, UAE resident (20%)
AED 1,201,200
Deposit, non-resident (40%)
AED 2,402,400
Monthly over 25 years at 3.7%
AED 24,572

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