1502, Damac Heights
Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Damac Heights
What is 1502 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 2 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 854 sqft
- Floor
- 15th of 84
- Parking
- B4-17
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 13,800 /yr
- Last sold
- AED 1.48M · September 2020
- Building
- Damac Heights
About 1502, Damac Heights
1502 is a one-bedroom apartment of 854 sqft on the 15th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 20 September 2020 for AED 1,475,000, or AED 1,726 per sqft, 35% above the AED 1,274 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 2 May 2026, is AED 110,000 a year: a gross yield of 7.5% on the 2020 price, before the service charge of about AED 13,800 a year.
Sales and rents for 1502 over time
1502 has sold once; the dashed line is the one-bed median of each year in the building.
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 1502 sits
All 285 1-beds →1502 last sold in September 2020 at AED 1,726 per sqft, 35% above what one-beds in Damac Heights were fetching at the time (AED 1,274). 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. 1502's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 880 sqft | 2,005,000 | 2,277 | ||
| 22 May 202622 May 2026 | 890 sqft | 1,850,000 | 2,079 | ||
| 1 May 20261 May 2026 | 848 sqft | 1,515,000 | 1,787 | ||
| 22 Apr 202622 April 2026 | 951 sqft | 2,275,000 | 2,392 |
Damac Heights
Building641 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%
Other units on the 15th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,239 sqft | AED 2.05MAED 2,050,000 · Nov 2024November 2024 | 110,381 /yr | |
| 1503 | 1-bed | 848 sqft | AED 1.29MAED 1,290,000 · Apr 2022April 2022 | 105,000 /yr | |
| 1504 | 1-bed | 874 sqft | AED 1.73MAED 1,725,000 · Nov 2023November 2023 | 95,000 /yr | |
| 1505 | 2-bed | 1,463 sqft | AED 2.9MAED 2,900,000 · Nov 2025November 2025 | 180,000 /yr | |
| 1506 | 1-bed | 1,228 sqft | AED 3.15MAED 3,150,000 · May 2024May 2024 | ||
| 1507 | 2-bed | 1,897 sqft | AED 2.43MAED 2,426,920 · Feb 2021February 2021 | ||
| 1508 | 1-bed | 928 sqft | AED 1.13MAED 1,126,170 · Aug 2021August 2021 | 120,000 /yr | |
| 1509 | 1-bed | 965 sqft | AED 1.73MAED 1,730,000 · Oct 2025October 2025 | 112,000 /yr | |
| 1510 | 2-bed | 1,506 sqft | AED 2.73MAED 2,725,000 · Mar 2017March 2017 | 165,000 /yr |
1502, Damac Heights in numbers
- Sold once: by DAMAC on 20 September 2020 for AED 1,475,000, or AED 1,726 per sqft.
- Rented since November 2022 on 5 Ejari contracts, from AED 115,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2020 price is 7.5%, before a service charge of about AED 13,800 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 2 May 2026.
Questions about 1502, Damac Heights
What did unit 1502 last sell for?
AED 1,475,000 on 20 September 2020, sold by the developer: AED 1,726 per sqft for 854 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 110,000 a year on the contract renewed on 2 May 2026. The previous contract, from May 2025, was AED 110,000; the unit has been rented since November 2022.
How big is unit 1502?
854 sqft (79.3 sqm): a one-bedroom apartment on the 15th floor of a 84-storey tower completed in 2018.
What is unit 1502 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 1502? 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.
Mortgage on 1502, Damac Heights
Starts from the last sale price (AED 1.48M, 20 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,475,000
- Deposit, UAE resident (20%)
- AED 295,000
- Deposit, non-resident (40%)
- AED 590,000
- Monthly over 25 years at 3.7%
- AED 6,035
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →