1-bed · 1,194 sqftDamac Heights, Dubai Marina · 14th floor · completed 2018

1406, Damac Heights

Sold prices and rental history: sold 3 times, last in September 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 9 July 2021
Last soldAED 1.9M6 September 2018
Current rentAED 85K /yr9 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Damac Heights

What is 1406 worth today?

Last sold for AED 1,900,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jul 2021RentedRenewal
AED 85,000/yr12 months · AED 71 per sqft
9 Jul 2020RentedRenewal
AED 100,000/yr12 months · AED 84 per sqft
9 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 84 per sqft
6 Sep 2018SoldReady
AED 1,900,000AED 1,591 per sqft
9 Jul 2018RentedNew contract
AED 105,000/yr12 months · AED 88 per sqft
4 Dec 2017SoldOff-plan
AED 1,600,000AED 1,339 per sqft
21 Feb 2012Sold by developerOff-plan
AED 2,191,200AED 1,834 per sqft

Source: Dubai Land Department. Updated 9 July 2021.

Key facts

Type
1-bed apartment
Size
1,194 sqft
Floor
14th of 84
Parking
B4-11
Developer
DAMAC
Completed
2018
Service charge
AED 19,300 /yr
Last sold
AED 1.9M · September 2018

About 1406, Damac Heights

1406 is a one-bedroom apartment of 1,194 sqft on the 14th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 6 September 2018 for AED 1,900,000, or AED 1,591 per sqft, 20% below the AED 1,998 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 9 July 2021, is AED 85,000 a year: a gross yield of 4.5% on the 2018 price, before the service charge of about AED 19,300 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, February 2012: AED 2,191,200 (AED 1,834 per sqft)Sold, December 2017: AED 1,600,000 (AED 1,339 per sqft)Sold, September 2018: AED 1,900,000 (AED 1,591 per sqft)

1406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, 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, July 2018: AED 105,000 a yearRenewal, July 2019: AED 100,000 a yearRenewal, July 2020: AED 100,000 a yearRenewal, July 2021: AED 85,000 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 1406 sits

All 285 1-beds →

1406 last sold in September 2018 at AED 1,591 per sqft, 20% below what one-beds in Damac Heights were fetching at the time (AED 1,998). 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. 1406's AED 85,000 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 14th floor

All 641 units in Damac Heights
Value
14012-bedAED 2.35M · Dec 2023
14021-bedAED 1.88M · Jul 2013
14031-bedAED 1.53M · Mar 2026
14041-bedAED 1.05M · Feb 2020
14052-bedAED 3.79M · Apr 2014
14072-bedAED 2.76M · Jan 2020
14081-bedAED 1.75M · Feb 2025
1–7 of 9

1406, Damac Heights in numbers

  • Sold 3 times: first on 21 February 2012 for AED 2,191,200, last on 6 September 2018 for AED 1,900,000 (AED 1,591 per sqft).
  • Rented since July 2018 on 4 Ejari contracts, from AED 105,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 4.5%, before a service charge of about AED 19,300 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 9 July 2021.

Questions about 1406, Damac Heights

What did unit 1406 last sell for?

AED 1,900,000 on 6 September 2018: AED 1,591 per sqft for 1,194 sqft. The unit has 3 registered sales; the first was AED 2,191,200 in February 2012.

What is the rent for unit 1406?

AED 85,000 a year on the contract renewed on 9 July 2021. The previous contract, from July 2020, was AED 100,000; the unit has been rented since July 2018.

How big is unit 1406?

1,194 sqft (110.9 sqm): a one-bedroom apartment on the 14th floor of a 84-storey tower completed in 2018.

What is unit 1406 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.

Selling 1406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1406, Damac Heights

Starts from the last sale price (AED 1.9M, 6 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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