2-bed · 1,506 sqftDamac Heights, Dubai Marina · 15th floor · completed 2018

1510, Damac Heights

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1510 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 2.73M21 March 2017
Current rentAED 165K /yr3 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1510, Damac Heights

What is 1510 worth today?

Last sold for AED 2,725,000 in 2017

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3 Oct 2024RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
3 Oct 2024RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
1 May 2023RentedRenewal
AED 140,000/yr12 months · AED 93 per sqft
1 May 2022RentedNew contract
AED 130,000/yr12 months · AED 86 per sqft
1 Apr 2021RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
1 Apr 2020RentedRenewal
AED 125,000/yr12 months · AED 83 per sqft
1 Apr 2019RentedNew contract
AED 133,000/yr12 months · AED 88 per sqft
21 Mar 2017Sold by developerOff-plan
AED 2,725,000AED 1,809 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
2-bed apartment
Size
1,506 sqft
Floor
15th of 84
Parking
B4-25
Developer
DAMAC
Completed
2018
Service charge
AED 24,400 /yr
Last sold
AED 2.73M · March 2017

About 1510, Damac Heights

1510 is a two-bedroom apartment of 1,506 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 21 March 2017 for AED 2,725,000, or AED 1,809 per sqft, 27% below the AED 2,465 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 3 October 2024, is AED 165,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 24,400 a year.

Sales and rents for 1510 over time

Sales
Unit 1510, each saleTypical two-bed in Damac Heights
2M3M4M2009201420192024Typical sale price by year: 2009 AED 3,238,250; 2011 AED 1,937,100; 2012 AED 2,335,300; 2013 AED 3,447,450; 2014 AED 3,887,950; 2015 AED 3,500,000; 2016 AED 3,601,014; 2017 AED 2,927,386; 2018 AED 3,231,500; 2019 AED 2,704,000; 2020 AED 2,170,000; 2021 AED 2,249,700; 2022 AED 2,367,602; 2023 AED 2,600,000; 2024 AED 2,825,000; 2025 AED 2,825,000; 2026 AED 2,950,000Sold by developer, March 2017: AED 2,725,000 (AED 1,809 per sqft)

1510 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1510, each contractTypical two-bed in Damac Heights
100K150K2018202120242027Typical rent by year: 2018 AED 137,000; 2019 AED 132,500; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 140,000; 2023 AED 170,000; 2024 AED 177,989; 2025 AED 178,000; 2026 AED 167,500New contract, April 2019: AED 133,000 a yearRenewal, April 2020: AED 125,000 a yearNew contract, April 2021: AED 90,000 a yearNew contract, May 2022: AED 130,000 a yearRenewal, May 2023: AED 140,000 a yearNew contract, October 2024: AED 165,000 a yearNew contract, October 2024: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Damac Heights, and where 1510 sits

All 255 2-beds →

1510 last sold in March 2017 at AED 1,809 per sqft, 27% below what two-beds in Damac Heights were fetching at the time (AED 2,465). Over the last 12 months two-beds sold for AED 1,437,480 to 3,335,000, around AED 2,012 per sqft, and rent for AED 94,745 to 395,000 a year. 1510's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 20262,852,887
30 Jul 20262,700,000
24 Jul 20263,100,000
7 Jul 20263,125,000
16 2-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
15031-bedAED 1.29M · Apr 2022
15041-bedAED 1.73M · Nov 2023
15052-bedAED 2.9M · Nov 2025
15061-bedAED 3.15M · May 2024
15072-bedAED 2.43M · Feb 2021
1–7 of 9

1510, Damac Heights in numbers

  • Sold once: by DAMAC on 21 March 2017 for AED 2,725,000, or AED 1,809 per sqft.
  • Rented since April 2019 on 7 Ejari contracts. The rent fell from AED 133,000 to AED 90,000 in 2021 and recovered to AED 165,000 by October 2024.
  • At AED 165,000 a year the gross yield on the 2017 price is 6.1%, before a service charge of about AED 24,400 a year (AED 16.18 per sqft).
  • Two-beds in Damac Heights sold for AED 1,437,480–3,335,000 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 3 October 2024.

Questions about 1510, Damac Heights

What did unit 1510 last sell for?

AED 2,725,000 on 21 March 2017, sold by the developer: AED 1,809 per sqft for 1,506 sqft. It is the only registered sale of the unit.

What is the rent for unit 1510?

AED 165,000 a year on the contract signed on 3 October 2024. The previous contract, from October 2024, was AED 165,000; the unit has been rented since April 2019.

How big is unit 1510?

1,506 sqft (139.9 sqm): a two-bedroom apartment on the 15th floor of a 84-storey tower completed in 2018.

What is unit 1510 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Damac Heights sold for AED 1,437,480 to 3,335,000 in the last 12 months, around AED 2,012 per sqft.

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Mortgage on 1510, Damac Heights

Starts from the last sale price (AED 2.73M, 21 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,725,000
Deposit, UAE resident (20%)
AED 545,000
Deposit, non-resident (40%)
AED 1,090,000
Monthly over 25 years at 3.7%
AED 11,149

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