1-bed · 875 sqftDamac Heights, Dubai Marina · 17th floor · completed 2018

1704, Damac Heights

Sold prices and rental history: sold twice, last in June 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 25 March 2023
Last soldAED 1.98M8 June 2015
Current rentAED 100K /yr25 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Damac Heights

What is 1704 worth today?

Last sold for AED 1,983,000 in 2015

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25 Mar 2023RentedNew contract
AED 100,000/yr12 months · AED 114 per sqft
17 Oct 2022RentedRenewal
AED 80,000/yr12 months · AED 92 per sqft
17 Oct 2021RentedNew contract
AED 80,000/yr12 months · AED 92 per sqft
1 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
13 Jun 2018RentedNew contract
AED 85,000/yr12 months · AED 97 per sqft
8 Jun 2015SoldOff-plan
AED 1,983,000AED 2,265 per sqft
8 Jun 2009Sold by developerOff-plan
AED 1,983,000AED 2,265 per sqft

Source: Dubai Land Department. Updated 25 March 2023.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
17th of 84
Parking
B4-38
Developer
DAMAC
Completed
2018
Service charge
AED 14,200 /yr
Last sold
AED 1.98M · June 2015

About 1704, Damac Heights

1704 is a one-bedroom apartment of 875 sqft on the 17th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 8 June 2015 for AED 1,983,000, or AED 2,265 per sqft, 7% below the AED 2,436 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 March 2023, is AED 100,000 a year: a gross yield of 5.0% on the 2015 price, before the service charge of about AED 14,200 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical one-bed in Damac Heights
1M2M2009201420192024Typical sale price by year: 2009 AED 2,038,500; 2012 AED 1,147,000; 2013 AED 2,247,100; 2014 AED 2,107,900; 2015 AED 2,080,550; 2016 AED 2,049,504; 2017 AED 1,879,500; 2018 AED 1,514,016; 2019 AED 1,280,000; 2020 AED 1,100,000; 2021 AED 1,410,000; 2022 AED 1,537,500; 2023 AED 1,712,500; 2024 AED 1,831,000; 2025 AED 1,890,000; 2026 AED 2,005,000Sold by developer, June 2009: AED 1,983,000 (AED 2,265 per sqft)Sold, June 2015: AED 1,983,000 (AED 2,265 per sqft)

1704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, each contractTypical one-bed in Damac Heights
75K100K125K2018202120242027Typical rent by year: 2018 AED 90,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 77,500; 2022 AED 90,000; 2023 AED 102,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 110,000New contract, June 2018: AED 85,000 a yearNew contract, August 2020: AED 65,000 a yearNew contract, October 2021: AED 80,000 a yearRenewal, October 2022: AED 80,000 a yearNew contract, March 2023: AED 100,000 a year

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 1704 sits

All 285 1-beds →

1704 last sold in June 2015 at AED 2,265 per sqft, 7% below what one-beds in Damac Heights were fetching at the time (AED 2,436). 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. 1704's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Aug 20262,005,000
22 May 20261,850,000
1 May 20261,515,000
22 Apr 20262,275,000
14 1-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 17th floor

All 641 units in Damac Heights
Value
17012-bedAED 2.78M · Oct 2024
17021-bedAED 1.65M · Feb 2023
17031-bedAED 1.57M · Feb 2024
17052-bedAED 2.73M · Feb 2020
17062-bedAED 2.05M · Nov 2021
17071-bedAED 2.4M · Feb 2025
17081-bedAED 2.05M · Dec 2024
1–7 of 9

1704, Damac Heights in numbers

  • Sold twice: first on 8 June 2009 for AED 1,983,000, last on 8 June 2015 for AED 1,983,000 (AED 2,265 per sqft).
  • Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 65,000 in 2020 and recovered to AED 100,000 by March 2023.
  • At AED 100,000 a year the gross yield on the 2015 price is 5.0%, before a service charge of about AED 14,200 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 25 March 2023.

Questions about 1704, Damac Heights

What did unit 1704 last sell for?

AED 1,983,000 on 8 June 2015: AED 2,265 per sqft for 875 sqft. The unit has 2 registered sales; the first was AED 1,983,000 in June 2009.

What is the rent for unit 1704?

AED 100,000 a year on the contract signed on 25 March 2023. The previous contract, from October 2022, was AED 80,000; the unit has been rented since June 2018.

How big is unit 1704?

875 sqft (81.3 sqm): a one-bedroom apartment on the 17th floor of a 84-storey tower completed in 2018.

What is unit 1704 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 1704, Damac Heights

Starts from the last sale price (AED 1.98M, 8 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,983,000
Deposit, UAE resident (20%)
AED 396,600
Deposit, non-resident (40%)
AED 793,200
Monthly over 25 years at 3.7%
AED 8,113

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