1-bed · 928 sqftDamac Heights, Dubai Marina · 14th floor · completed 2018

1408, Damac Heights

Sold prices and rental history: sold twice, last in February 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 19 February 2025
Last soldAED 1.75M19 February 2025
Current rentAED 74K /yr21 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Damac Heights

What is 1408 worth today?

Last sold for AED 1,750,000 in 2025

Unlock today's estimate, updated daily, with

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

19 Feb 2025SoldReady
AED 1,750,000AED 1,885 per sqft
21 May 2023RentedRenewal
AED 73,500/yr12 months · AED 79 per sqft
21 May 2022RentedRenewal
AED 73,500/yr12 months · AED 79 per sqft
21 May 2021RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
7 Jan 2015Sold by developerOff-plan
AED 2,239,150AED 2,412 per sqft

Source: Dubai Land Department. Updated 19 February 2025.

Key facts

Type
1-bed apartment
Size
928 sqft
Floor
14th of 84
Parking
B4-13
Developer
DAMAC
Completed
2018
Service charge
AED 15,000 /yr
Last sold
AED 1.75M · February 2025

About 1408, Damac Heights

1408 is a one-bedroom apartment of 928 sqft on the 14th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 19 February 2025 for AED 1,750,000, or AED 1,885 per sqft, 5% below the AED 1,987 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 21 May 2023, is AED 73,500 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 15,000 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, January 2015: AED 2,239,150 (AED 2,412 per sqft)Sold, February 2025: AED 1,750,000 (AED 1,885 per sqft)

1408 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1408, 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, May 2021: AED 70,000 a yearRenewal, May 2022: AED 73,500 a yearRenewal, May 2023: AED 73,500 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 1408 sits

All 285 1-beds →

1408 last sold in February 2025 at AED 1,885 per sqft, 5% below what one-beds in Damac Heights were fetching at the time (AED 1,987). 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. 1408's AED 73,500 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
14061-bedAED 1.9M · Sep 2018
14072-bedAED 2.76M · Jan 2020
1–7 of 9

1408, Damac Heights in numbers

  • Sold twice: first on 7 January 2015 for AED 2,239,150, last on 19 February 2025 for AED 1,750,000 (AED 1,885 per sqft).
  • Rented since May 2021 on 3 Ejari contracts, from AED 70,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2025 price is 4.2%, before a service charge of about AED 15,000 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 19 February 2025.

Questions about 1408, Damac Heights

What did unit 1408 last sell for?

AED 1,750,000 on 19 February 2025: AED 1,885 per sqft for 928 sqft. The unit has 2 registered sales; the first was AED 2,239,150 in January 2015.

What is the rent for unit 1408?

AED 73,500 a year on the contract renewed on 21 May 2023. The previous contract, from May 2022, was AED 73,500; the unit has been rented since May 2021.

How big is unit 1408?

928 sqft (86.2 sqm): a one-bedroom apartment on the 14th floor of a 84-storey tower completed in 2018.

What is unit 1408 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 1408? 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 1408, Damac Heights

Starts from the last sale price (AED 1.75M, 19 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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