1-bed · 848 sqftDamac Heights, Dubai Marina · 15th floor · completed 2018

1503, Damac Heights

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 1.29M26 April 2022
Current rentAED 105K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Damac Heights

What is 1503 worth today?

Last sold for AED 1,290,000 in 2022

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5 Oct 2026RentedNew contract
AED 105,000/yr12 months · AED 123 per sqft
15 Sep 2025RentedRenewal
AED 125,000/yr12 months · AED 149 per sqft
15 Sep 2024RentedRenewal
AED 125,000/yr12 months · AED 149 per sqft
15 Sep 2024RentedRenewal
AED 125,000/yr12 months · AED 149 per sqft
15 Sep 2023RentedNew contract
AED 125,000/yr12 months · AED 149 per sqft
26 Apr 2022SoldReady
AED 1,290,000AED 1,521 per sqft
6 Mar 2019SoldReady
AED 1,210,000AED 1,427 per sqft
5 Aug 2009Sold by developerOff-plan
AED 1,704,690AED 2,010 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
1-bed apartment
Size
848 sqft
Floor
15th of 84
Parking
B4-18
Developer
DAMAC
Completed
2018
Service charge
AED 13,700 /yr
Last sold
AED 1.29M · April 2022

About 1503, Damac Heights

1503 is a one-bedroom apartment of 848 sqft on the 15th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 26 April 2022 for AED 1,290,000, or AED 1,521 per sqft, in line with the AED 1,563 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 5 October 2026, is AED 105,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 13,700 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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 2009: AED 1,704,690 (AED 2,010 per sqft)Sold, March 2019: AED 1,210,000 (AED 1,427 per sqft)Sold, April 2022: AED 1,290,000 (AED 1,521 per sqft)

1503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, 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, September 2023: AED 125,000 a yearRenewal, September 2024: AED 125,000 a yearRenewal, September 2024: AED 125,000 a yearRenewal, September 2025: AED 125,000 a yearNew contract, October 2026: AED 105,000 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 1503 sits

All 285 1-beds →

1503 last sold in April 2022 at AED 1,521 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 1,563). 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. 1503's AED 105,000 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 15th floor

All 641 units in Damac Heights
Value
15012-bedAED 2.05M · Nov 2024
15021-bedAED 1.48M · Sep 2020
15041-bedAED 1.73M · Nov 2023
15052-bedAED 2.9M · Nov 2025
15061-bedAED 3.15M · May 2024
15072-bedAED 2.43M · Feb 2021
15081-bedAED 1.13M · Aug 2021
1–7 of 9

1503, Damac Heights in numbers

  • Sold 3 times: first on 5 August 2009 for AED 1,704,690, last on 26 April 2022 for AED 1,290,000 (AED 1,521 per sqft).
  • Rented since September 2023 on 5 Ejari contracts, from AED 125,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 13,700 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 5 October 2026.

Questions about 1503, Damac Heights

What did unit 1503 last sell for?

AED 1,290,000 on 26 April 2022: AED 1,521 per sqft for 848 sqft. The unit has 3 registered sales; the first was AED 1,704,690 in August 2009.

What is the rent for unit 1503?

AED 105,000 a year on the contract signed on 5 October 2026. The previous contract, from September 2025, was AED 125,000; the unit has been rented since September 2023.

How big is unit 1503?

848 sqft (78.8 sqm): a one-bedroom apartment on the 15th floor of a 84-storey tower completed in 2018.

What is unit 1503 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 1503, Damac Heights

Starts from the last sale price (AED 1.29M, 26 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,000
Deposit, UAE resident (20%)
AED 258,000
Deposit, non-resident (40%)
AED 516,000
Monthly over 25 years at 3.7%
AED 5,278

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