2406, Damac Heights
Sold prices and rental history: sold 4 times, last in May 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2406, Damac Heights
What is 2406 worth today?
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Source: Dubai Land Department. Updated 18 May 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,561 sqft
- Floor
- 24th of 84
- Parking
- B3-39
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 25,300 /yr
- Last sold
- AED 2.2M · May 2022
- Building
- Damac Heights
About 2406, Damac Heights
2406 is a two-bedroom apartment of 1,561 sqft on the 24th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 18 May 2022 for AED 2,200,000, or AED 1,409 per sqft, 8% above the AED 1,300 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 23 April 2021, is AED 125,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 25,300 a year.
Sales and rents for 2406 over time
2406 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 2406 sits
All 255 2-beds →2406 last sold in May 2022 at AED 1,409 per sqft, 8% above what two-beds in Damac Heights were fetching at the time (AED 1,300). 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. 2406's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,723 sqft | 2,852,887 | 1,656 | ||
| 30 Jul 202630 July 2026 | 1,425 sqft | 2,700,000 | 1,894 | ||
| 24 Jul 202624 July 2026 | 1,505 sqft | 3,100,000 | 2,059 | ||
| 7 Jul 20267 July 2026 | 1,471 sqft | 3,125,000 | 2,124 |
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 24th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,379 sqft | AED 3.04MAED 3,041,000 · Jan 2017January 2017 | ||
| 2402 | 1-bed | 881 sqft | AED 1.55MAED 1,550,000 · Nov 2021November 2021 | 130,000 /yr | |
| 2403 | 1-bed | 854 sqft | AED 1.7MAED 1,700,000 · Feb 2025February 2025 | 100,000 /yr | |
| 2404 | 1-bed | 882 sqft | AED 1.25MAED 1,250,000 · Nov 2021November 2021 | 95,000 /yr | |
| 2405 | 2-bed | 1,764 sqft | AED 2.24MAED 2,238,700 · Feb 2019February 2019 | ||
| 2407 | 2-bed | 1,653 sqft | AED 2.19MAED 2,185,000 · Jan 2021January 2021 | 340,000 /yr | |
| 2408 | 1-bed | 951 sqft | AED 1.55MAED 1,550,000 · Oct 2022October 2022 | 110,000 /yr | |
| 2409 | 1-bed | 970 sqft | AED 1.78MAED 1,775,000 · Jun 2023June 2023 | 132,000 /yr | |
| 2410 | 2-bed | 1,611 sqft | AED 4.51MAED 4,513,500 · May 2014May 2014 |
2406, Damac Heights in numbers
- Sold 4 times: first on 5 August 2009 for AED 3,047,600, last on 18 May 2022 for AED 2,200,000 (AED 1,409 per sqft).
- Rented since April 2020 on 2 Ejari contracts, from AED 130,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 25,300 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 18 May 2022.
Questions about 2406, Damac Heights
What did unit 2406 last sell for?
AED 2,200,000 on 18 May 2022: AED 1,409 per sqft for 1,561 sqft. The unit has 4 registered sales; the first was AED 3,047,600 in August 2009.
What is the rent for unit 2406?
AED 125,000 a year on the contract signed on 23 April 2021. The previous contract, from April 2020, was AED 130,000.
How big is unit 2406?
1,561 sqft (145.0 sqm): a two-bedroom apartment on the 24th floor of a 84-storey tower completed in 2018.
What is unit 2406 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 2406, Damac Heights
Starts from the last sale price (AED 2.2M, 18 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →