502, Damac Bay - Tower B
Sold prices and rental history: sold once, by the developer in June 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 502, Damac Bay - Tower B
What is 502 worth today?
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Source: Dubai Land Department. Updated 14 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,313 sqft
- Floor
- 5th of 48
- Parking
- 1
- Developer
- DAMAC
- Completed
- 2027
- Last sold
- AED 4M · June 2023
- Building
- Damac Bay - Tower B
About 502, Damac Bay - Tower B
502 is a one-bedroom apartment of 1,313 sqft on the 5th floor of Damac Bay - Tower B, a 48-storey tower in Dubai Harbour completed in 2027 by DAMAC. The developer sold it on 14 June 2023 for AED 4,002,000, or AED 3,047 per sqft, 20% below the AED 3,830 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 502 over time
502 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 502 sits
All 207 1-beds →502 last sold in June 2023 at AED 3,047 per sqft, 20% below what one-beds in Damac Bay - Tower B were fetching at the time (AED 3,830). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 1,304 sqft | 3,856,320 | 2,958 | ||
| 5 Oct 20265 October 2026 | 1,303 sqft | 3,678,825 | 2,823 | ||
| 24 Sep 202624 September 2026 | 833 sqft | 3,089,000 | 3,706 | ||
| 8 Jun 20268 June 2026 | 785 sqft | 3,119,000 | 3,972 |
Damac Bay - Tower B
Building346 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
Other units on the 5th floor
All 346 units in Damac Bay - Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,455 sqft | AED 5.14MAED 5,139,000 · May 2023May 2023 | ||
| 503 | 1-bed | 1,238 sqft | AED 3.89MAED 3,885,000 · Jun 2023June 2023 | ||
| 504 | 1-bed | 850 sqft | AED 3.16MAED 3,161,000 · May 2023May 2023 | ||
| 505 | 1-bed | 891 sqft | AED 3.32MAED 3,315,000 · Jun 2023June 2023 | ||
| 506 | 2-bed | 1,430 sqft | AED 5.21MAED 5,213,000 · Jun 2023June 2023 | ||
| 507 | 3-bed | 2,102 sqft | AED 7.71MAED 7,714,000 · Jun 2023June 2023 | ||
| 508 | 1-bed | 1,304 sqft | AED 3.86MAED 3,856,320 · Oct 2026October 2026 |
502, Damac Bay - Tower B in numbers
- Sold once: by DAMAC on 14 June 2023 for AED 4,002,000, or AED 3,047 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 14 June 2023.
Questions about 502, Damac Bay - Tower B
What did unit 502 last sell for?
AED 4,002,000 on 14 June 2023, sold by the developer: AED 3,047 per sqft for 1,313 sqft. It is the only registered sale of the unit.
How big is unit 502?
1,313 sqft (122.0 sqm): a one-bedroom apartment on the 5th floor of a 48-storey tower completed in 2027.
What is unit 502 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 502, Damac Bay - Tower B
Starts from the last sale price (AED 4M, 14 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,002,000
- Deposit, UAE resident (20%)
- AED 800,400
- Deposit, non-resident (40%)
- AED 1,600,800
- Monthly over 25 years at 3.7%
- AED 16,373
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →