2-bed · 1,531 sqftDamac Heights, Dubai Marina · 27th floor · completed 2018

2706, Damac Heights

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 3 September 2022
Last soldAED 3.5M31 March 2014
Current rentAED 104K /yr3 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2706, Damac Heights

What is 2706 worth today?

Last sold for AED 3,498,300 in 2014

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3 Sep 2022RentedRenewal
AED 104,278/yr10 months · AED 68 per sqft
3 Sep 2021RentedRenewal
AED 105,000/yr12 months · AED 69 per sqft
3 Sep 2020RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft
25 Oct 2019RentedRenewal
AED 125,000/yr12 months · AED 82 per sqft
25 Oct 2018RentedNew contract
AED 135,000/yr12 months · AED 88 per sqft
31 Mar 2014Sold by developerOff-plan
AED 3,498,300AED 2,284 per sqft

Source: Dubai Land Department. Updated 3 September 2022.

Key facts

Type
2-bed apartment
Size
1,531 sqft
Floor
27th of 84
Parking
B3-68
Developer
DAMAC
Completed
2018
Service charge
AED 24,800 /yr
Last sold
AED 3.5M · March 2014

About 2706, Damac Heights

2706 is a two-bedroom apartment of 1,531 sqft on the 27th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 31 March 2014 for AED 3,498,300, or AED 2,284 per sqft, 6% below the AED 2,430 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 3 September 2022, is AED 104,278 a year: a gross yield of 3.0% on the 2014 price, before the service charge of about AED 24,800 a year.

Sales and rents for 2706 over time

Sales
Unit 2706, 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, March 2014: AED 3,498,300 (AED 2,284 per sqft)

2706 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2706, 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, October 2018: AED 135,000 a yearRenewal, October 2019: AED 125,000 a yearNew contract, September 2020: AED 105,000 a yearRenewal, September 2021: AED 105,000 a yearRenewal, September 2022: AED 104,278 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 2706 sits

All 255 2-beds →

2706 last sold in March 2014 at AED 2,284 per sqft, 6% below what two-beds in Damac Heights were fetching at the time (AED 2,430). 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. 2706's AED 104,278 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 27th floor

All 641 units in Damac Heights
Value
27012-bedAED 2.59M · Dec 2011
27021-bedAED 1.93M · Aug 2025
27031-bedAED 1.05M · Apr 2021
27041-bedAED 2M · Aug 2014
27053-bedAED 3.4M · Jul 2024
27072-bedAED 3.75M · Jan 2019
27081-bedAED 1.76M · May 2023
1–7 of 9

2706, Damac Heights in numbers

  • Sold once: by DAMAC on 31 March 2014 for AED 3,498,300, or AED 2,284 per sqft.
  • Rented since October 2018 on 5 Ejari contracts, from AED 135,000 to AED 104,278 a year.
  • At AED 104,278 a year the gross yield on the 2014 price is 3.0%, before a service charge of about AED 24,800 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 3 September 2022.

Questions about 2706, Damac Heights

What did unit 2706 last sell for?

AED 3,498,300 on 31 March 2014, sold by the developer: AED 2,284 per sqft for 1,531 sqft. It is the only registered sale of the unit.

What is the rent for unit 2706?

AED 104,278 a year on the contract renewed on 3 September 2022. The previous contract, from September 2021, was AED 105,000; the unit has been rented since October 2018.

How big is unit 2706?

1,531 sqft (142.2 sqm): a two-bedroom apartment on the 27th floor of a 84-storey tower completed in 2018.

What is unit 2706 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 2706, Damac Heights

Starts from the last sale price (AED 3.5M, 31 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,498,300
Deposit, UAE resident (20%)
AED 699,660
Deposit, non-resident (40%)
AED 1,399,320
Monthly over 25 years at 3.7%
AED 14,313

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