1-bed · 875 sqftDamac Heights, Dubai Marina · 12th floor · completed 2018

1204, Damac Heights

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 1.66M27 June 2024
Current rentAED 70K /yr7 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Damac Heights

What is 1204 worth today?

Last sold for AED 1,664,242 in 2024

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27 Jun 2024SoldReady
AED 1,664,242AED 1,902 per sqft
7 Nov 2022RentedRenewal
AED 70,000/yr12 months · AED 80 per sqft
7 Nov 2021RentedRenewal
AED 70,000/yr12 months · AED 80 per sqft
7 Nov 2020RentedRenewal
AED 65,000/yr12 months · AED 75 per sqft
7 Nov 2019RentedNew contract
AED 80,000/yr12 months · AED 92 per sqft
17 Aug 2015Sold by developerOff-plan
AED 1,931,450AED 2,296 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
12th of 84
Parking
B5-60
Developer
DAMAC
Completed
2018
Service charge
AED 14,200 /yr
Last sold
AED 1.66M · June 2024

About 1204, Damac Heights

1204 is a one-bedroom apartment of 875 sqft on the 12th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 27 June 2024 for AED 1,664,242, or AED 1,902 per sqft, in line with the AED 1,956 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 7 November 2022, is AED 70,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 14,200 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, August 2015: AED 1,931,450 (AED 2,296 per sqft)Sold, June 2024: AED 1,664,242 (AED 1,902 per sqft)

1204 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Damac Heights
75K100K125K2018202120242027Typical 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, November 2019: AED 80,000 a yearRenewal, November 2020: AED 65,000 a yearRenewal, November 2021: AED 70,000 a yearRenewal, November 2022: AED 70,000 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 1204 sits

All 285 1-beds →

1204 last sold in June 2024 at AED 1,902 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 1,956). 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. 1204's AED 70,000 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
12031-bedAED 2.12M · Dec 2014
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

1204, Damac Heights in numbers

  • Sold twice: first on 17 August 2015 for AED 1,931,450, last on 27 June 2024 for AED 1,664,242 (AED 1,902 per sqft).
  • Rented since November 2019 on 4 Ejari contracts, from AED 80,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 14,200 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 27 June 2024.

Questions about 1204, Damac Heights

What did unit 1204 last sell for?

AED 1,664,242 on 27 June 2024: AED 1,902 per sqft for 875 sqft. The unit has 2 registered sales; the first was AED 1,931,450 in August 2015.

What is the rent for unit 1204?

AED 70,000 a year on the contract renewed on 7 November 2022. The previous contract, from November 2021, was AED 70,000; the unit has been rented since November 2019.

How big is unit 1204?

875 sqft (81.3 sqm): a one-bedroom apartment on the 12th floor of a 84-storey tower completed in 2018.

What is unit 1204 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 1204, Damac Heights

Starts from the last sale price (AED 1.66M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,664,242
Deposit, UAE resident (20%)
AED 332,848
Deposit, non-resident (40%)
AED 665,697
Monthly over 25 years at 3.7%
AED 6,809

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