2-bed · 1,527 sqftDamac Heights, Dubai Marina · 11th floor · completed 2018

1107, Damac Heights

Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1107 · DLD and Ejari recordsUpdated 29 August 2021
Last soldAED 1.89M29 August 2021
Current rentAED 120K /yr6 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1107, Damac Heights

What is 1107 worth today?

Last sold for AED 1,894,410 in 2021

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29 Aug 2021Sold by developerReady
AED 1,894,410AED 1,240 per sqft
6 Aug 2020RentedNew contract
AED 120,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 29 August 2021.

Key facts

Type
2-bed apartment
Size
1,527 sqft
Floor
11th of 84
Parking
B5-53
Developer
DAMAC
Completed
2018
Service charge
AED 24,700 /yr
Last sold
AED 1.89M · August 2021

About 1107, Damac Heights

1107 is a two-bedroom apartment of 1,527 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 29 August 2021 for AED 1,894,410, or AED 1,240 per sqft, 6% below the AED 1,321 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 August 2020. The current contract, signed on 6 August 2020, is AED 120,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 24,700 a year.

Sales and rents for 1107 over time

Sales
Unit 1107, 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, August 2021: AED 1,894,410 (AED 1,240 per sqft)

1107 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1107, each contractTypical two-bed in Damac Heights
150K2018202120242027Typical 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, August 2020: AED 120,000 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 1107 sits

All 255 2-beds →

1107 last sold in August 2021 at AED 1,240 per sqft, 6% below what two-beds in Damac Heights were fetching at the time (AED 1,321). 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. 1107's AED 120,000 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
11062-bedAED 2.58M · May 2017
11081-bedAED 1.96M · Apr 2016
1–7 of 9

1107, Damac Heights in numbers

  • Sold once: by DAMAC on 29 August 2021 for AED 1,894,410, or AED 1,240 per sqft.
  • Rented since August 2020 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 6.3%, before a service charge of about AED 24,700 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 29 August 2021.

Questions about 1107, Damac Heights

What did unit 1107 last sell for?

AED 1,894,410 on 29 August 2021, sold by the developer: AED 1,240 per sqft for 1,527 sqft. It is the only registered sale of the unit.

What is the rent for unit 1107?

AED 120,000 a year on the contract signed on 6 August 2020.

How big is unit 1107?

1,527 sqft (141.9 sqm): a two-bedroom apartment on the 11th floor of a 84-storey tower completed in 2018.

What is unit 1107 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 1107, Damac Heights

Starts from the last sale price (AED 1.89M, 29 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,894,410
Deposit, UAE resident (20%)
AED 378,882
Deposit, non-resident (40%)
AED 757,764
Monthly over 25 years at 3.7%
AED 7,751

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