1-bed · 944 sqftDamac Heights, Dubai Marina · 17th floor · completed 2018

1708, Damac Heights

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 2.05M9 December 2024
Current rentAED 75K /yr11 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Damac Heights

What is 1708 worth today?

Last sold for AED 2,050,000 in 2024

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9 Dec 2024SoldReady
AED 2,050,000AED 2,172 per sqft
24 Nov 2023SoldReady
AED 1,500,000AED 1,589 per sqft
11 Sep 2023RentedRenewal
AED 74,832/yr9 months · AED 79 per sqft
11 Sep 2022RentedNew contract
AED 75,000/yr12 months · AED 79 per sqft
11 Sep 2021RentedNew contract
AED 75,000/yr12 months · AED 79 per sqft
1 Jul 2020RentedRenewal
AED 75,000/yr12 months · AED 79 per sqft
1 Jul 2019RentedRenewal
AED 90,000/yr12 months · AED 95 per sqft
1 Jul 2018RentedNew contract
AED 95,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
1-bed apartment
Size
944 sqft
Floor
17th of 84
Parking
B4-42
Developer
DAMAC
Completed
2018
Service charge
AED 15,300 /yr
Last sold
AED 2.05M · December 2024

About 1708, Damac Heights

1708 is a one-bedroom apartment of 944 sqft on the 17th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 9 December 2024 for AED 2,050,000, or AED 2,172 per sqft, 9% above the AED 1,985 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 11 September 2023, is AED 74,832 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, 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, April 2016: AED 1,960,000 (AED 2,077 per sqft)Sold, August 2017: AED 1,960,000 (AED 2,077 per sqft)Sold, November 2023: AED 1,500,000 (AED 1,589 per sqft)Sold, December 2024: AED 2,050,000 (AED 2,172 per sqft)

1708 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1708, 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, July 2018: AED 95,000 a yearRenewal, July 2019: AED 90,000 a yearRenewal, July 2020: AED 75,000 a yearNew contract, September 2021: AED 75,000 a yearNew contract, September 2022: AED 75,000 a yearRenewal, September 2023: AED 74,832 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 1708 sits

All 285 1-beds →

1708 last sold in December 2024 at AED 2,172 per sqft, 9% above what one-beds in Damac Heights were fetching at the time (AED 1,985). 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. 1708's AED 74,832 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
17041-bedAED 1.98M · Jun 2015
17052-bedAED 2.73M · Feb 2020
17062-bedAED 2.05M · Nov 2021
17071-bedAED 2.4M · Feb 2025
1–7 of 9

1708, Damac Heights in numbers

  • Sold 4 times: first on 11 April 2016 for AED 1,960,000, last on 9 December 2024 for AED 2,050,000 (AED 2,172 per sqft).
  • Rented since July 2018 on 6 Ejari contracts, from AED 95,000 to AED 74,832 a year.
  • At AED 74,832 a year the gross yield on the 2024 price is 3.6%, before a service charge of about AED 15,300 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 9 December 2024.

Questions about 1708, Damac Heights

What did unit 1708 last sell for?

AED 2,050,000 on 9 December 2024: AED 2,172 per sqft for 944 sqft. The unit has 4 registered sales; the first was AED 1,960,000 in April 2016.

What is the rent for unit 1708?

AED 74,832 a year on the contract renewed on 11 September 2023. The previous contract, from September 2022, was AED 75,000; the unit has been rented since July 2018.

How big is unit 1708?

944 sqft (87.7 sqm): a one-bedroom apartment on the 17th floor of a 84-storey tower completed in 2018.

What is unit 1708 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 1708, Damac Heights

Starts from the last sale price (AED 2.05M, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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