2-bed · 1,433 sqftDamac Heights, Dubai Marina · 11th floor · completed 2018

1106, Damac Heights

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 2.58M11 May 2017
Current rentAED 176K /yr5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Damac Heights

What is 1106 worth today?

Last sold for AED 2,581,000 in 2017

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5 Dec 2024RentedNew contract
AED 175,978/yr24 months · AED 123 per sqft
5 Dec 2024RentedNew contract
AED 175,978/yr24 months · AED 123 per sqft
1 Oct 2023RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
1 Oct 2023RentedNew contract
AED 130,000/yr12 months · AED 91 per sqft
1 Oct 2022RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
1 Oct 2020RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
1 Oct 2019RentedRenewal
AED 125,000/yr12 months · AED 87 per sqft
1 Oct 2018RentedNew contract
AED 137,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Floor
11th of 84
Parking
B5-52
Developer
DAMAC
Completed
2018
Service charge
AED 23,200 /yr
Last sold
AED 2.58M · May 2017

About 1106, Damac Heights

1106 is a two-bedroom apartment of 1,433 sqft on the 11th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 11 May 2017 for AED 2,581,000, or AED 1,800 per sqft, 18% below the AED 2,199 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 5 December 2024, is AED 175,978 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 23,200 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical two-bed in Damac Heights
2M3M4M2009201420192024Typical sale price by year: 2009 AED 3,238,250; 2011 AED 1,937,100; 2012 AED 2,335,300; 2013 AED 3,447,450; 2014 AED 3,887,950; 2015 AED 3,500,000; 2016 AED 3,601,014; 2017 AED 2,927,386; 2018 AED 3,231,500; 2019 AED 2,704,000; 2020 AED 2,170,000; 2021 AED 2,249,700; 2022 AED 2,367,602; 2023 AED 2,600,000; 2024 AED 2,825,000; 2025 AED 2,825,000; 2026 AED 2,950,000Sold by developer, May 2017: AED 2,581,000 (AED 1,800 per sqft)

1106 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, each contractTypical two-bed in Damac Heights
100K150K2018202120242027Typical rent by year: 2018 AED 137,000; 2019 AED 132,500; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 140,000; 2023 AED 170,000; 2024 AED 177,989; 2025 AED 178,000; 2026 AED 167,500New contract, October 2018: AED 137,000 a yearRenewal, October 2019: AED 125,000 a yearRenewal, October 2020: AED 110,000 a yearRenewal, October 2022: AED 120,000 a yearRenewal, October 2023: AED 120,000 a yearNew contract, October 2023: AED 130,000 a yearNew contract, December 2024: AED 175,978 a yearNew contract, December 2024: AED 175,978 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Damac Heights, and where 1106 sits

All 255 2-beds →

1106 last sold in May 2017 at AED 1,800 per sqft, 18% below what two-beds in Damac Heights were fetching at the time (AED 2,199). Over the last 12 months two-beds sold for AED 1,437,480 to 3,335,000, around AED 2,012 per sqft, and rent for AED 94,745 to 395,000 a year. 1106's AED 175,978 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 20262,852,887
30 Jul 20262,700,000
24 Jul 20263,100,000
7 Jul 20263,125,000
16 2-bed sales in the last 12 months

Damac Heights

Building

641 apartments, 1-bed to 5-bed over 84 floors in Dubai Marina, completed in 2018 by DAMAC. 41 sold in the last 12 months.

Typical price per sqft
AED 2,042 Up 2.8%
Typical sale
AED 2.85M
Typical rent
AED 140K /yr
Typical yield
5.8%
Damac Heights, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 641 units in Damac Heights
Value
11011-bedAED 2.98M · Jun 2013
11021-bedAED 1.55M · Feb 2022
11031-bedAED 1.2M · Sep 2018
11041-bedAED 1.58M · Nov 2024
11052-bedAED 3.2M · Feb 2026
11072-bedAED 1.89M · Aug 2021
11081-bedAED 1.96M · Apr 2016
1–7 of 9

1106, Damac Heights in numbers

  • Sold once: by DAMAC on 11 May 2017 for AED 2,581,000, or AED 1,800 per sqft.
  • Rented since October 2018 on 8 Ejari contracts. The rent fell from AED 137,000 to AED 110,000 in 2020 and recovered to AED 175,978 by December 2024.
  • At AED 175,978 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 23,200 a year (AED 16.18 per sqft).
  • Two-beds in Damac Heights sold for AED 1,437,480–3,335,000 in the 12 months to November 2026; the building's median across all types is AED 2,042 per sqft.

Source: Dubai Land Department. Updated 5 December 2024.

Questions about 1106, Damac Heights

What did unit 1106 last sell for?

AED 2,581,000 on 11 May 2017, sold by the developer: AED 1,800 per sqft for 1,433 sqft. It is the only registered sale of the unit.

What is the rent for unit 1106?

AED 175,978 a year on the contract signed on 5 December 2024. The previous contract, from December 2024, was AED 175,978; the unit has been rented since October 2018.

How big is unit 1106?

1,433 sqft (133.1 sqm): a two-bedroom apartment on the 11th floor of a 84-storey tower completed in 2018.

What is unit 1106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Damac Heights sold for AED 1,437,480 to 3,335,000 in the last 12 months, around AED 2,012 per sqft.

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Mortgage on 1106, Damac Heights

Starts from the last sale price (AED 2.58M, 11 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,581,000
Deposit, UAE resident (20%)
AED 516,200
Deposit, non-resident (40%)
AED 1,032,400
Monthly over 25 years at 3.7%
AED 10,560

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