2-bed · 1,597 sqftDamac Heights, Dubai Marina · 16th floor · completed 2018

1606, Damac Heights

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 28 November 2019
Last soldAED 3.04M28 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Damac Heights

What is 1606 worth today?

Last sold for AED 3,043,000 in 2019

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28 Nov 2019Sold by developerOff-plan
AED 3,043,000AED 1,905 per sqft

Source: Dubai Land Department. Updated 28 November 2019.

Key facts

Type
2-bed apartment
Size
1,597 sqft
Floor
16th of 84
Parking
B4-30
Developer
DAMAC
Completed
2018
Service charge
AED 25,800 /yr
Last sold
AED 3.04M · November 2019

About 1606, Damac Heights

1606 is a two-bedroom apartment of 1,597 sqft on the 16th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 28 November 2019 for AED 3,043,000, or AED 1,905 per sqft, in line with the AED 1,873 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1606 over time

Sales
Unit 1606, 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, November 2019: AED 3,043,000 (AED 1,905 per sqft)

1606 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1606, each contractTypical two-bed in Damac Heights
150K2018202120242027Typical 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 167,500

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 1606 sits

All 255 2-beds →

1606 last sold in November 2019 at AED 1,905 per sqft, in line with what two-beds in Damac Heights were fetching at the time (AED 1,873). 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.

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 16th floor

All 641 units in Damac Heights
Value
16012-bedAED 3.1M · Apr 2018
16021-bedAED 2.04M · Apr 2016
16031-bedAED 1.58M · Mar 2024
16041-bedAED 1.55M · Feb 2024
16052-bedAED 2.8M · Jun 2026
16072-bedAED 3.83M · Jan 2016
16081-bedAED 2.1M · May 2014
1–7 of 9

1606, Damac Heights in numbers

  • Sold once: by DAMAC on 28 November 2019 for AED 3,043,000, or AED 1,905 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 28 November 2019.

Questions about 1606, Damac Heights

What did unit 1606 last sell for?

AED 3,043,000 on 28 November 2019, sold by the developer: AED 1,905 per sqft for 1,597 sqft. It is the only registered sale of the unit.

How big is unit 1606?

1,597 sqft (148.4 sqm): a two-bedroom apartment on the 16th floor of a 84-storey tower completed in 2018.

What is unit 1606 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 1606, Damac Heights

Starts from the last sale price (AED 3.04M, 28 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,043,000
Deposit, UAE resident (20%)
AED 608,600
Deposit, non-resident (40%)
AED 1,217,200
Monthly over 25 years at 3.7%
AED 12,450

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