1-bed · 848 sqftDamac Heights, Dubai Marina · 12th floor · completed 2018

1203, Damac Heights

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 13 December 2025
Last soldAED 2.12M27 December 2014
Current rentAED 100K /yr13 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Damac Heights

What is 1203 worth today?

Last sold for AED 2,121,350 in 2014

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13 Dec 2025RentedNew contract
AED 100,000/yr12 months · AED 118 per sqft
1 Oct 2024RentedRenewal
AED 105,000/yr12 months · AED 125 per sqft
1 Oct 2024RentedRenewal
AED 105,000/yr12 months · AED 125 per sqft
1 Oct 2023RentedRenewal
AED 105,000/yr12 months · AED 125 per sqft
1 Oct 2022RentedRenewal
AED 95,000/yr12 months · AED 113 per sqft
29 Sep 2021RentedNew contract
AED 74,586/yr12 months · AED 89 per sqft
1 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
29 Jul 2019RentedRenewal
AED 80,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 13 December 2025.

Key facts

Type
1-bed apartment
Size
848 sqft
Floor
12th of 84
Parking
B5-59
Developer
DAMAC
Completed
2018
Service charge
AED 13,700 /yr
Last sold
AED 2.12M · December 2014

About 1203, Damac Heights

1203 is a one-bedroom apartment of 848 sqft on the 12th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 27 December 2014 for AED 2,121,350, or AED 2,502 per sqft, 7% above the AED 2,347 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 13 December 2025, is AED 100,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 13,700 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Damac Heights
1M2M2009201420192024Typical sale price by year: 2009 AED 2,038,500; 2012 AED 1,147,000; 2013 AED 2,247,100; 2014 AED 2,107,900; 2015 AED 2,080,550; 2016 AED 2,049,504; 2017 AED 1,879,500; 2018 AED 1,514,016; 2019 AED 1,280,000; 2020 AED 1,100,000; 2021 AED 1,410,000; 2022 AED 1,537,500; 2023 AED 1,712,500; 2024 AED 1,831,000; 2025 AED 1,890,000; 2026 AED 2,005,000Sold by developer, December 2014: AED 2,121,350 (AED 2,502 per sqft)

1203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Damac Heights
50K100K2018202120242027Typical rent by year: 2018 AED 90,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 77,500; 2022 AED 90,000; 2023 AED 102,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 110,000New contract, July 2018: AED 80,000 a yearRenewal, July 2019: AED 80,000 a yearNew contract, September 2020: AED 60,000 a yearNew contract, September 2021: AED 74,586 a yearRenewal, October 2022: AED 95,000 a yearRenewal, October 2023: AED 105,000 a yearRenewal, October 2024: AED 105,000 a yearRenewal, October 2024: AED 105,000 a yearNew contract, December 2025: AED 100,000 a year

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

1-beds in Damac Heights, and where 1203 sits

All 285 1-beds →

1203 last sold in December 2014 at AED 2,502 per sqft, 7% above what one-beds in Damac Heights were fetching at the time (AED 2,347). Over the last 12 months one-beds sold for AED 1,132,000 to 2,373,731, around AED 2,079 per sqft, and rent for AED 63,966 to 168,000 a year. 1203's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Aug 20262,005,000
22 May 20261,850,000
1 May 20261,515,000
22 Apr 20262,275,000
14 1-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 12th floor

All 641 units in Damac Heights
Value
12011-bedAED 2.42M · Jan 2025
12021-bedAED 1.09M · Jan 2021
12041-bedAED 1.66M · Jun 2024
12052-bedAED 3.68M · Apr 2015
12062-bedAED 4.1M · Aug 2014
12072-bedAED 3.44M · Jun 2015
12081-bedAED 2.06M · Nov 2015
1–7 of 19

1203, Damac Heights in numbers

  • Sold once: by DAMAC on 27 December 2014 for AED 2,121,350, or AED 2,502 per sqft.
  • Rented since July 2018 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2020 and recovered to AED 100,000 by December 2025.
  • At AED 100,000 a year the gross yield on the 2014 price is 4.7%, before a service charge of about AED 13,700 a year (AED 16.18 per sqft).
  • One-beds in Damac Heights sold for AED 1,132,000–2,373,731 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 13 December 2025.

Questions about 1203, Damac Heights

What did unit 1203 last sell for?

AED 2,121,350 on 27 December 2014, sold by the developer: AED 2,502 per sqft for 848 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 100,000 a year on the contract signed on 13 December 2025. The previous contract, from October 2024, was AED 105,000; the unit has been rented since July 2018.

How big is unit 1203?

848 sqft (78.8 sqm): a one-bedroom apartment on the 12th floor of a 84-storey tower completed in 2018.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Damac Heights sold for AED 1,132,000 to 2,373,731 in the last 12 months, around AED 2,079 per sqft.

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Mortgage on 1203, Damac Heights

Starts from the last sale price (AED 2.12M, 27 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,121,350
Deposit, UAE resident (20%)
AED 424,270
Deposit, non-resident (40%)
AED 848,540
Monthly over 25 years at 3.7%
AED 8,679

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