1703, Damac Heights
Sold prices and rental history: sold twice, last in February 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, Damac Heights
What is 1703 worth today?
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Source: Dubai Land Department. Updated 16 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 848 sqft
- Floor
- 17th of 84
- Parking
- B4-37
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 13,700 /yr
- Last sold
- AED 1.57M · February 2024
- Building
- Damac Heights
About 1703, Damac Heights
1703 is a one-bedroom apartment of 848 sqft on the 17th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 16 February 2024 for AED 1,565,000, or AED 1,844 per sqft, in line with the AED 1,897 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 8 July 2023, is AED 90,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 13,700 a year.
Sales and rents for 1703 over time
1703 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 1703 sits
All 285 1-beds →1703 last sold in February 2024 at AED 1,844 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 1,897). 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. 1703's AED 90,000 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 | ||
| 1702 | 1-bed | 861 sqft | AED 1.65MAED 1,650,000 · Feb 2023February 2023 | 77,000 /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 |
1703, Damac Heights in numbers
- Sold twice: first on 12 February 2013 for AED 1,713,250, last on 16 February 2024 for AED 1,565,000 (AED 1,844 per sqft).
- Rented since July 2021 on 3 Ejari contracts, from AED 75,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 13,700 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 16 February 2024.
Questions about 1703, Damac Heights
What did unit 1703 last sell for?
AED 1,565,000 on 16 February 2024: AED 1,844 per sqft for 848 sqft. The unit has 2 registered sales; the first was AED 1,713,250 in February 2013.
What is the rent for unit 1703?
AED 90,000 a year on the contract renewed on 8 July 2023. The previous contract, from July 2022, was AED 75,000; the unit has been rented since July 2021.
How big is unit 1703?
848 sqft (78.8 sqm): a one-bedroom apartment on the 17th floor of a 84-storey tower completed in 2018.
What is unit 1703 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 1703, Damac Heights
Starts from the last sale price (AED 1.57M, 16 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,565,000
- Deposit, UAE resident (20%)
- AED 313,000
- Deposit, non-resident (40%)
- AED 626,000
- Monthly over 25 years at 3.7%
- AED 6,403
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →