2-bed · 1,871 sqftDamac Heights, Dubai Marina · 14th floor · completed 2018

1407, Damac Heights

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

Unit 1407 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 2.76M26 January 2020
Current rentAED 200K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Damac Heights

What is 1407 worth today?

Last sold for AED 2,760,000 in 2020

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15 Apr 2025RentedRenewal
AED 200,000/yr12 months · AED 107 per sqft
15 Apr 2025RentedRenewal
AED 200,000/yr12 months · AED 107 per sqft
15 Apr 2024RentedRenewal
AED 185,000/yr12 months · AED 99 per sqft
15 Apr 2024RentedRenewal
AED 185,000/yr12 months · AED 99 per sqft
15 Apr 2023RentedRenewal
AED 170,000/yr12 months · AED 91 per sqft
15 Apr 2022RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
15 Apr 2021RentedNew contract
AED 140,000/yr12 months · AED 75 per sqft
26 Jan 2020Sold by developerReady
AED 2,760,000AED 1,475 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
2-bed apartment
Size
1,871 sqft
Floor
14th of 84
Parking
B4-12
Developer
DAMAC
Completed
2018
Service charge
AED 30,300 /yr
Last sold
AED 2.76M · January 2020

About 1407, Damac Heights

1407 is a two-bedroom apartment of 1,871 sqft on the 14th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 26 January 2020 for AED 2,760,000, or AED 1,475 per sqft, 18% below the AED 1,809 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 200,000 a year: a gross yield of 7.2% on the 2020 price, before the service charge of about AED 30,300 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, January 2020: AED 2,760,000 (AED 1,475 per sqft)

1407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1407, each contractTypical two-bed in Damac Heights
100K150K200K2018202120242027Typical 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, April 2021: AED 140,000 a yearRenewal, April 2022: AED 150,000 a yearRenewal, April 2023: AED 170,000 a yearRenewal, April 2024: AED 185,000 a yearRenewal, April 2024: AED 185,000 a yearRenewal, April 2025: AED 200,000 a yearRenewal, April 2025: AED 200,000 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 1407 sits

All 255 2-beds →

1407 last sold in January 2020 at AED 1,475 per sqft, 18% below what two-beds in Damac Heights were fetching at the time (AED 1,809). 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. 1407's AED 200,000 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 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
14061-bedAED 1.9M · Sep 2018
14081-bedAED 1.75M · Feb 2025
1–7 of 9

1407, Damac Heights in numbers

  • Sold once: by DAMAC on 26 January 2020 for AED 2,760,000, or AED 1,475 per sqft.
  • Rented since April 2021 on 7 Ejari contracts, from AED 140,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2020 price is 7.2%, before a service charge of about AED 30,300 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 15 April 2025.

Questions about 1407, Damac Heights

What did unit 1407 last sell for?

AED 2,760,000 on 26 January 2020, sold by the developer: AED 1,475 per sqft for 1,871 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 200,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2025, was AED 200,000; the unit has been rented since April 2021.

How big is unit 1407?

1,871 sqft (173.8 sqm): a two-bedroom apartment on the 14th floor of a 84-storey tower completed in 2018.

What is unit 1407 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 1407, Damac Heights

Starts from the last sale price (AED 2.76M, 26 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,760,000
Deposit, UAE resident (20%)
AED 552,000
Deposit, non-resident (40%)
AED 1,104,000
Monthly over 25 years at 3.7%
AED 11,292

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