1-bed · 891 sqftDamac Bay - Tower B, Dubai Harbour · 5th floor · completed 2027

505, 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.

Unit 505 · DLD and Ejari recordsUpdated 8 June 2023
Last soldAED 3.32M8 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Damac Bay - Tower B

What is 505 worth today?

Last sold for AED 3,315,000 in 2023

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8 Jun 2023Sold by developerOff-plan
AED 3,315,000AED 3,720 per sqft

Source: Dubai Land Department. Updated 8 June 2023.

Key facts

Type
1-bed apartment
Size
891 sqft
Floor
5th of 48
Parking
1
Developer
DAMAC
Completed
2027
Last sold
AED 3.32M · June 2023

About 505, Damac Bay - Tower B

505 is a one-bedroom apartment of 891 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 8 June 2023 for AED 3,315,000, or AED 3,720 per sqft, in line with the AED 3,788 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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, June 2023: AED 3,315,000 (AED 3,720 per sqft)

505 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 505 sits

All 207 1-beds →

505 last sold in June 2023 at AED 3,720 per sqft, in line with what one-beds in Damac Bay - Tower B were fetching at the time (AED 3,788). 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 5th floor

All 346 units in Damac Bay - Tower B
Value
5012-bedAED 5.14M · May 2023
5021-bedAED 4M · Jun 2023
5031-bedAED 3.89M · Jun 2023
5041-bedAED 3.16M · May 2023
5062-bedAED 5.21M · Jun 2023
5073-bedAED 7.71M · Jun 2023
5081-bedAED 3.86M · Oct 2026

505, Damac Bay - Tower B in numbers

  • Sold once: by DAMAC on 8 June 2023 for AED 3,315,000, or AED 3,720 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 8 June 2023.

Questions about 505, Damac Bay - Tower B

What did unit 505 last sell for?

AED 3,315,000 on 8 June 2023, sold by the developer: AED 3,720 per sqft for 891 sqft. It is the only registered sale of the unit.

How big is unit 505?

891 sqft (82.8 sqm): a one-bedroom apartment on the 5th floor of a 48-storey tower completed in 2027.

What is unit 505 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 505, Damac Bay - Tower B

Starts from the last sale price (AED 3.32M, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,315,000
Deposit, UAE resident (20%)
AED 663,000
Deposit, non-resident (40%)
AED 1,326,000
Monthly over 25 years at 3.7%
AED 13,563

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