1-bed · 1,255 sqftDamac Bay - Tower B, Dubai Harbour · 24th floor · completed 2027

2408, Damac Bay - Tower B

Sold prices and rental history: sold once, by the developer in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2408 · DLD and Ejari recordsUpdated 3 May 2024
Last soldAED 4.11M3 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2408, Damac Bay - Tower B

What is 2408 worth today?

Last sold for AED 4,111,100 in 2024

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3 May 2024Sold by developerOff-plan
AED 4,111,100AED 3,275 per sqft

Source: Dubai Land Department. Updated 3 May 2024.

Key facts

Type
1-bed apartment
Size
1,255 sqft
Floor
24th of 48
Parking
1
Developer
DAMAC
Completed
2027
Last sold
AED 4.11M · May 2024

About 2408, Damac Bay - Tower B

2408 is a one-bedroom apartment of 1,255 sqft on the 24th floor of Damac Bay - Tower B, a 48-storey tower in Dubai Harbour completed in 2027 by DAMAC. The developer sold it on 3 May 2024 for AED 4,111,100, or AED 3,275 per sqft, 15% below the AED 3,871 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2408 over time

Sales
Unit 2408, each saleTypical one-bed in Damac Bay - Tower B
3.5M4M20232024202520262027Typical sale price by year: 2023 AED 3,315,500; 2024 AED 4,000,660; 2025 AED 4,004,160; 2026 AED 3,843,180Sold by developer, May 2024: AED 4,111,100 (AED 3,275 per sqft)

2408 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Damac Bay - Tower B, and where 2408 sits

All 207 1-beds →

2408 last sold in May 2024 at AED 3,275 per sqft, 15% below what one-beds in Damac Bay - Tower B were fetching at the time (AED 3,871). Over the last 12 months one-beds sold for AED 2,950,000 to 4,634,000, around AED 3,209 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 20263,856,320
5 Oct 20263,678,825
24 Sep 20263,089,000
8 Jun 20263,119,000
15 1-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 24th floor

All 346 units in Damac Bay - Tower B
Value
24012-bedAED 5.87M · Jun 2023
24021-bedAED 3.09M · Jul 2023
24031-bedAED 2.95M · Jun 2023
24041-bedAED 3.43M · Jun 2023
24051-bedAED 4.29M · Jun 2023
24062-bedAED 5.84M · Jun 2023
24073-bedAED 8.86M · May 2023

2408, Damac Bay - Tower B in numbers

  • Sold once: by DAMAC on 3 May 2024 for AED 4,111,100, or AED 3,275 per sqft.
  • One-beds in Damac Bay - Tower B sold for AED 2,950,000–4,634,000 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 3 May 2024.

Questions about 2408, Damac Bay - Tower B

What did unit 2408 last sell for?

AED 4,111,100 on 3 May 2024, sold by the developer: AED 3,275 per sqft for 1,255 sqft. It is the only registered sale of the unit.

How big is unit 2408?

1,255 sqft (116.6 sqm): a one-bedroom apartment on the 24th floor of a 48-storey tower completed in 2027.

What is unit 2408 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 B sold for AED 2,950,000 to 4,634,000 in the last 12 months, around AED 3,209 per sqft.

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Mortgage on 2408, Damac Bay - Tower B

Starts from the last sale price (AED 4.11M, 3 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,111,100
Deposit, UAE resident (20%)
AED 822,220
Deposit, non-resident (40%)
AED 1,644,440
Monthly over 25 years at 3.7%
AED 16,820

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