1702, Damac Heights
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, Damac Heights
What is 1702 worth today?
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Source: Dubai Land Department. Updated 22 February 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 861 sqft
- Floor
- 17th of 84
- Parking
- B4-36
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.65M · February 2023
- Building
- Damac Heights
About 1702, Damac Heights
1702 is a one-bedroom apartment of 861 sqft on the 17th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 22 February 2023 for AED 1,650,000, or AED 1,916 per sqft, 20% above the AED 1,602 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 2 November 2022, is AED 77,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 13,900 a year.
Sales and rents for 1702 over time
1702 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 1702 sits
All 285 1-beds →1702 last sold in February 2023 at AED 1,916 per sqft, 20% above what one-beds in Damac Heights were fetching at the time (AED 1,602). 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. 1702's AED 77,000 is in the lower 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 17th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,271 sqft | AED 2.78MAED 2,778,000 · Oct 2024October 2024 | ||
| 1703 | 1-bed | 848 sqft | AED 1.57MAED 1,565,000 · Feb 2024February 2024 | 90,000 /yr | |
| 1704 | 1-bed | 875 sqft | AED 1.98MAED 1,983,000 · Jun 2015June 2015 | 100,000 /yr | |
| 1705 | 2-bed | 1,897 sqft | AED 2.73MAED 2,726,000 · Feb 2020February 2020 | ||
| 1706 | 2-bed | 1,624 sqft | AED 2.05MAED 2,050,416 · Nov 2021November 2021 | ||
| 1707 | 1-bed | 1,260 sqft | AED 2.4MAED 2,400,000 · Feb 2025February 2025 | 150,000 /yr | |
| 1708 | 1-bed | 944 sqft | AED 2.05MAED 2,050,000 · Dec 2024December 2024 | 74,832 /yr | |
| 1709 | 1-bed | 965 sqft | AED 2.07MAED 2,070,600 · Sep 2014September 2014 | 115,000 /yr | |
| 1710 | 2-bed | 1,538 sqft | AED 3.87MAED 3,867,100 · Jul 2015July 2015 | 120,000 /yr |
1702, Damac Heights in numbers
- Sold twice: first on 18 November 2019 for AED 1,487,000, last on 22 February 2023 for AED 1,650,000 (AED 1,916 per sqft).
- Rented since February 2020 on 4 Ejari contracts. The rent fell from AED 87,000 to AED 62,500 in 2020 and recovered to AED 77,000 by November 2022.
- At AED 77,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 13,900 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 22 February 2023.
Questions about 1702, Damac Heights
What did unit 1702 last sell for?
AED 1,650,000 on 22 February 2023: AED 1,916 per sqft for 861 sqft. The unit has 2 registered sales; the first was AED 1,487,000 in November 2019.
What is the rent for unit 1702?
AED 77,000 a year on the contract signed on 2 November 2022. The previous contract, from October 2021, was AED 70,000; the unit has been rented since February 2020.
How big is unit 1702?
861 sqft (80.0 sqm): a one-bedroom apartment on the 17th floor of a 84-storey tower completed in 2018.
What is unit 1702 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 1702, Damac Heights
Starts from the last sale price (AED 1.65M, 22 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →