701, Damac Bay - Tower B
Sold prices and rental history: sold once, by the developer in July 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 B
What is 701 worth today?
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Source: Dubai Land Department. Updated 5 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,687 sqft
- Floor
- 7th of 48
- Parking
- 1
- Developer
- DAMAC
- Completed
- 2027
- Last sold
- AED 6.17M · July 2023
- Building
- Damac Bay - Tower B
About 701, Damac Bay - Tower B
701 is a two-bedroom apartment of 1,687 sqft on the 7th floor of Damac Bay - Tower B, a 48-storey tower in Dubai Harbour completed in 2027 by DAMAC. The developer sold it on 5 July 2023 for AED 6,167,000, or AED 3,655 per sqft, in line with the AED 3,645 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 B, and where 701 sits
All 78 2-beds →701 last sold in July 2023 at AED 3,655 per sqft, in line with what two-beds in Damac Bay - Tower B were fetching at the time (AED 3,645). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 1,426 sqft | 6,233,900 | 4,370 | ||
| 10 Dec 202510 December 2025 | 1,298 sqft | 4,609,000 | 3,551 | ||
| 10 Jul 202510 July 2025 | 1,736 sqft | 7,848,000 | 4,520 | ||
| 4 Jun 20254 June 2025 | 1,886 sqft | 9,225,000 | 4,890 |
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 7th floor
All 346 units in Damac Bay - Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 869 sqft | AED 3.27MAED 3,266,000 · Nov 2024November 2024 | ||
| 703 | 1-bed | 833 sqft | AED 3.09MAED 3,090,000 · Jun 2023June 2023 | ||
| 704 | 1-bed | 850 sqft | AED 3.31MAED 3,308,000 · Jun 2023June 2023 | ||
| 705 | 1-bed | 925 sqft | AED 3.46MAED 3,456,000 · May 2023May 2023 | ||
| 706 | 2-bed | 1,279 sqft | AED 4.53MAED 4,533,000 · May 2023May 2023 | ||
| 707 | 3-bed | 1,997 sqft | AED 7.37MAED 7,371,000 · May 2023May 2023 | ||
| 708 | 1-bed | 1,255 sqft | AED 3.97MAED 3,970,000 · Nov 2025November 2025 |
701, Damac Bay - Tower B in numbers
- Sold once: by DAMAC on 5 July 2023 for AED 6,167,000, or AED 3,655 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 5 July 2023.
Questions about 701, Damac Bay - Tower B
What did unit 701 last sell for?
AED 6,167,000 on 5 July 2023, sold by the developer: AED 3,655 per sqft for 1,687 sqft. It is the only registered sale of the unit.
How big is unit 701?
1,687 sqft (156.7 sqm): a two-bedroom apartment on the 7th floor of a 48-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 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 701, Damac Bay - Tower B
Starts from the last sale price (AED 6.17M, 5 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 6,167,000
- Deposit, UAE resident (20%)
- AED 1,233,400
- Deposit, non-resident (40%)
- AED 2,466,800
- Monthly over 25 years at 3.7%
- AED 25,231
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →