2-bed · 1,310 sqftDamac Heights, Dubai Marina · 20th floor · completed 2018

2001, Damac Heights

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 2.7M8 May 2024
Current rentAED 105K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Damac Heights

What is 2001 worth today?

Last sold for AED 2,700,000 in 2024

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8 May 2024SoldReady
AED 2,700,000AED 2,060 per sqft
1 Jul 2023RentedRenewal
AED 104,738/yr12 months · AED 80 per sqft
1 Jul 2022RentedRenewal
AED 99,750/yr12 months · AED 76 per sqft
1 Jul 2021RentedNew contract
AED 95,000/yr12 months · AED 72 per sqft
7 Jan 2020RentedNew contract
AED 105,000/yr12 months · AED 80 per sqft
11 Sep 2018RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
19 Aug 2017SoldOff-plan
AED 3,415,569AED 2,606 per sqft
11 Apr 2016Sold by developerOff-plan
AED 3,415,569AED 2,606 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
2-bed apartment
Size
1,310 sqft
Floor
20th of 84
Parking
B4-63
Developer
DAMAC
Completed
2018
Service charge
AED 21,200 /yr
Last sold
AED 2.7M · May 2024

About 2001, Damac Heights

2001 is a two-bedroom apartment of 1,310 sqft on the 20th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 8 May 2024 for AED 2,700,000, or AED 2,060 per sqft, 16% above the AED 1,777 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 104,738 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2001 over time

Sales
Unit 2001, 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, April 2016: AED 3,415,569 (AED 2,606 per sqft)Sold, August 2017: AED 3,415,569 (AED 2,606 per sqft)Sold, May 2024: AED 2,700,000 (AED 2,060 per sqft)

2001 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2001, each contractTypical two-bed in Damac Heights
100K150K2018202120242027Typical 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 167,500New contract, September 2018: AED 120,000 a yearNew contract, January 2020: AED 105,000 a yearNew contract, July 2021: AED 95,000 a yearRenewal, July 2022: AED 99,750 a yearRenewal, July 2023: AED 104,738 a year

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 2001 sits

All 255 2-beds →

2001 last sold in May 2024 at AED 2,060 per sqft, 16% above what two-beds in Damac Heights were fetching at the time (AED 1,777). 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. 2001's AED 104,738 is in the lower half of that range.

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 20th floor

All 641 units in Damac Heights
Value
20021-bedAED 1.63M · Nov 2022
20031-bedAED 1.76M · Dec 2013
20041-bedAED 1.7M · Jan 2025
20052-bedAED 3.32M · Jul 2017
20062-bedAED 2.6M · Mar 2017
20072-bedAED 3.28M · Jul 2017
20081-bedAED 2.04M · May 2013
1–7 of 9

2001, Damac Heights in numbers

  • Sold 3 times: first on 11 April 2016 for AED 3,415,569, last on 8 May 2024 for AED 2,700,000 (AED 2,060 per sqft).
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 95,000 in 2021 and recovered to AED 104,738 by July 2023.
  • At AED 104,738 a year the gross yield on the 2024 price is 3.9%, before a service charge of about AED 21,200 a year (AED 16.18 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 8 May 2024.

Questions about 2001, Damac Heights

What did unit 2001 last sell for?

AED 2,700,000 on 8 May 2024: AED 2,060 per sqft for 1,310 sqft. The unit has 3 registered sales; the first was AED 3,415,569 in April 2016.

What is the rent for unit 2001?

AED 104,738 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 99,750; the unit has been rented since September 2018.

How big is unit 2001?

1,310 sqft (121.7 sqm): a two-bedroom apartment on the 20th floor of a 84-storey tower completed in 2018.

What is unit 2001 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 2001, Damac Heights

Starts from the last sale price (AED 2.7M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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