701, 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.
Property timeline for 701, Damac Bay - Tower A
What is 701 worth today?
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Source: Dubai Land Department. Updated 26 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,575 sqft
- Floor
- 7th of 46
- Parking
- 1
- Developer
- DAMAC
- Completed
- 2027
- Last sold
- AED 5.26M · May 2023
- Building
- Damac Bay - Tower A
About 701, Damac Bay - Tower A
701 is a two-bedroom apartment of 1,575 sqft on the 7th floor of Damac Bay - Tower A, a 46-storey tower in Dubai Harbour completed in 2027 by DAMAC. The developer sold it on 26 May 2023 for AED 5,260,000, or AED 3,338 per sqft, in line with the AED 3,402 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 701 over time
701 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 701 sits
All 81 2-beds →701 last sold in May 2023 at AED 3,338 per sqft, in line with what two-beds in Damac Bay - Tower A were fetching at the time (AED 3,402). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 1,893 sqft | 8,925,840 | 4,714 | ||
| 16 Jan 202616 January 2026 | 1,408 sqft | 4,866,000 | 3,456 | ||
| 10 Jul 202510 July 2025 | 1,894 sqft | 9,204,000 | 4,860 | ||
| 28 Apr 202528 April 2025 | 1,893 sqft | 9,013,000 | 4,760 |
Damac Bay - Tower A
Building355 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
Other units on the 7th floor
All 355 units in Damac Bay - Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 797 sqft | AED 3.07MAED 3,072,000 · Jul 2023July 2023 | ||
| 703 | 1-bed | 719 sqft | AED 2.9MAED 2,900,000 · May 2023May 2023 | ||
| 704 | 1-bed | 877 sqft | AED 3.17MAED 3,173,000 · Jun 2023June 2023 | ||
| 705 | 1-bed | 923 sqft | AED 3.33MAED 3,332,000 · May 2023May 2023 | ||
| 706 | 1-bed | 866 sqft | AED 3.14MAED 3,138,000 · May 2023May 2023 | ||
| 707 | 2-bed | 1,293 sqft | AED 4.77MAED 4,771,000 · Jun 2023June 2023 | ||
| 708 | 3-bed | 2,133 sqft | AED 6.43MAED 6,428,000 · May 2023May 2023 | ||
| 709 | 1-bed | 1,256 sqft | AED 3.76MAED 3,761,280 · Mar 2024March 2024 |
701, Damac Bay - Tower A in numbers
- Sold once: by DAMAC on 26 May 2023 for AED 5,260,000, or AED 3,338 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 26 May 2023.
Questions about 701, Damac Bay - Tower A
What did unit 701 last sell for?
AED 5,260,000 on 26 May 2023, sold by the developer: AED 3,338 per sqft for 1,575 sqft. It is the only registered sale of the unit.
How big is unit 701?
1,575 sqft (146.3 sqm): a two-bedroom apartment on the 7th floor of a 46-storey tower completed in 2027.
What is unit 701 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 701, Damac Bay - Tower A
Starts from the last sale price (AED 5.26M, 26 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,260,000
- Deposit, UAE resident (20%)
- AED 1,052,000
- Deposit, non-resident (40%)
- AED 2,104,000
- Monthly over 25 years at 3.7%
- AED 21,520
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →