2-bed · 1,293 sqftDamac Bay - Tower B, Dubai Harbour · 16th floor · completed 2027

1607, Damac Bay - Tower B

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 1607 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 4.69M24 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Damac Bay - Tower B

What is 1607 worth today?

Last sold for AED 4,694,000 in 2023

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24 May 2023Sold by developerOff-plan
AED 4,694,000AED 3,630 per sqft

Source: Dubai Land Department. Updated 24 May 2023.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
16th of 48
Parking
1
Developer
DAMAC
Completed
2027
Last sold
AED 4.69M · May 2023

About 1607, Damac Bay - Tower B

1607 is a two-bedroom apartment of 1,293 sqft on the 16th floor of Damac Bay - Tower B, a 48-storey tower in Dubai Harbour completed in 2027 by DAMAC. The developer sold it on 24 May 2023 for AED 4,694,000, or AED 3,630 per sqft, in line with the AED 3,595 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical two-bed in Damac Bay - Tower B
6M8M2023202420252026Typical sale price by year: 2023 AED 5,338,000; 2024 AED 6,308,000; 2025 AED 7,848,000Sold by developer, May 2023: AED 4,694,000 (AED 3,630 per sqft)

1607 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Damac Bay - Tower B, and where 1607 sits

All 78 2-beds →

1607 last sold in May 2023 at AED 3,630 per sqft, in line with what two-beds in Damac Bay - Tower B were fetching at the time (AED 3,595). Over the last 12 months two-beds sold for AED 4,609,000 to 6,233,900, around AED 3,961 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20266,233,900
10 Dec 20254,609,000
10 Jul 20257,848,000
4 Jun 20259,225,000
2 2-bed sales in the last 12 months

Damac Bay - Tower B

Building

346 apartments, 1-bed to 5-bed over 48 floors in Dubai Harbour, completed in 2027 by DAMAC. 18 sold in the last 12 months.

Typical price per sqft
AED 3,264 Down 2.3%
Typical sale
AED 3.92M
Typical rent
Few contracts
Typical yield
Damac Bay - Tower B, Dubai Harbour: prices, sales and rents →

Other units on the 16th floor

All 346 units in Damac Bay - Tower B
Value
16012-bedAED 5.74M · May 2023
16021-bedAED 3.03M · May 2023
16031-bedAED 2.95M · May 2023
16041-bedAED 3.36M · Jun 2023
16051-bedAED 3.53M · May 2023
16061-bedAED 3.32M · May 2023
16083-bedAED 8.05M · Jun 2023
1–7 of 8

1607, Damac Bay - Tower B in numbers

  • Sold once: by DAMAC on 24 May 2023 for AED 4,694,000, or AED 3,630 per sqft.
  • Two-beds in Damac Bay - Tower B sold for AED 4,609,000–6,233,900 in the 12 months to November 2026; the building's median across all types is AED 3,264 per sqft.

Source: Dubai Land Department. Updated 24 May 2023.

Questions about 1607, Damac Bay - Tower B

What did unit 1607 last sell for?

AED 4,694,000 on 24 May 2023, sold by the developer: AED 3,630 per sqft for 1,293 sqft. It is the only registered sale of the unit.

How big is unit 1607?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 16th floor of a 48-storey tower completed in 2027.

What is unit 1607 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 B sold for AED 4,609,000 to 6,233,900 in the last 12 months, around AED 3,961 per sqft.

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Mortgage on 1607, Damac Bay - Tower B

Starts from the last sale price (AED 4.69M, 24 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,694,000
Deposit, UAE resident (20%)
AED 938,800
Deposit, non-resident (40%)
AED 1,877,600
Monthly over 25 years at 3.7%
AED 19,205

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