1508, Damac Heights
Sold prices and rental history: sold once, by the developer in August 2021, 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 1508, Damac Heights
What is 1508 worth today?
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Source: Dubai Land Department. Updated 26 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 928 sqft
- Floor
- 15th of 84
- Parking
- B4-23
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 15,000 /yr
- Last sold
- AED 1.13M · August 2021
- Building
- Damac Heights
About 1508, Damac Heights
1508 is a one-bedroom apartment of 928 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 2 August 2021 for AED 1,126,170, or AED 1,213 per sqft, 5% below the AED 1,272 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 26 April 2026, is AED 120,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 15,000 a year.
Sales and rents for 1508 over time
1508 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 1508 sits
All 285 1-beds →1508 last sold in August 2021 at AED 1,213 per sqft, 5% below what one-beds in Damac Heights were fetching at the time (AED 1,272). 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. 1508's AED 120,000 is in the upper 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 | |
| 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 | |
| 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 | ||
| 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 |
1508, Damac Heights in numbers
- Sold once: by DAMAC on 2 August 2021 for AED 1,126,170, or AED 1,213 per sqft.
- Rented since September 2022 on 5 Ejari contracts, from AED 135,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2021 price is 10.7%, 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 26 April 2026.
Questions about 1508, Damac Heights
What did unit 1508 last sell for?
AED 1,126,170 on 2 August 2021, sold by the developer: AED 1,213 per sqft for 928 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 120,000 a year on the contract signed on 26 April 2026. The previous contract, from April 2025, was AED 120,000; the unit has been rented since September 2022.
How big is unit 1508?
928 sqft (86.2 sqm): a one-bedroom apartment on the 15th floor of a 84-storey tower completed in 2018.
What is unit 1508 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 1508, Damac Heights
Starts from the last sale price (AED 1.13M, 2 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,126,170
- Deposit, UAE resident (20%)
- AED 225,234
- Deposit, non-resident (40%)
- AED 450,468
- Monthly over 25 years at 3.7%
- AED 4,608
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →