1506, Damac Heights
Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Damac Heights
What is 1506 worth today?
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Source: Dubai Land Department. Updated 23 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,228 sqft
- Floor
- 15th of 84
- Parking
- B4-21
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 19,900 /yr
- Last sold
- AED 3.15M · May 2024
- Building
- Damac Heights
About 1506, Damac Heights
1506 is a one-bedroom apartment of 1,228 sqft on the 15th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 23 May 2024 for AED 3,150,000, or AED 2,564 per sqft, 34% above the AED 1,919 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1506 over time
1506 has sold twice; 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 1506 sits
All 285 1-beds →1506 last sold in May 2024 at AED 2,564 per sqft, 34% above what one-beds in Damac Heights were fetching at the time (AED 1,919). 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.
| 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 | |
| 1502 | 1-bed | 854 sqft | AED 1.48MAED 1,475,000 · Sep 2020September 2020 | 110,000 /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 | |
| 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 |
1506, Damac Heights in numbers
- Sold twice: first on 15 April 2021 for AED 1,548,500, last on 23 May 2024 for AED 3,150,000 (AED 2,564 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 23 May 2024.
Questions about 1506, Damac Heights
What did unit 1506 last sell for?
AED 3,150,000 on 23 May 2024: AED 2,564 per sqft for 1,228 sqft. The unit has 2 registered sales; the first was AED 1,548,500 in April 2021.
How big is unit 1506?
1,228 sqft (114.1 sqm): a one-bedroom apartment on the 15th floor of a 84-storey tower completed in 2018.
What is unit 1506 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 1506, Damac Heights
Starts from the last sale price (AED 3.15M, 23 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →