1-bed · 953 sqftDamac Heights, Dubai Marina · 27th floor · completed 2018

2708, Damac Heights

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2708 · DLD and Ejari recordsUpdated 3 May 2023
Last soldAED 1.76M3 May 2023
Current rentAED 105K /yr30 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2708, Damac Heights

What is 2708 worth today?

Last sold for AED 1,760,000 in 2023

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3 May 2023SoldReady
AED 1,760,000AED 1,847 per sqft
30 Jul 2022RentedNew contract
AED 105,000/yr12 months · AED 111 per sqft
29 Jul 2021RentedNew contract
AED 75,000/yr12 months · AED 79 per sqft
27 May 2021SoldReady
AED 1,350,000AED 1,417 per sqft
29 Jul 2020RentedNew contract
AED 75,000/yr12 months · AED 79 per sqft
27 Aug 2019RentedNew contract
AED 100,000/yr12 months · AED 106 per sqft
3 Apr 2017Sold by developerOff-plan
AED 1,762,000AED 1,849 per sqft

Source: Dubai Land Department. Updated 3 May 2023.

Key facts

Type
1-bed apartment
Size
953 sqft
Floor
27th of 84
Parking
B3-70
Developer
DAMAC
Completed
2018
Service charge
AED 15,400 /yr
Last sold
AED 1.76M · May 2023

About 2708, Damac Heights

2708 is a one-bedroom apartment of 953 sqft on the 27th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 3 May 2023 for AED 1,760,000, or AED 1,847 per sqft, in line with the AED 1,803 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 30 July 2022, is AED 105,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 15,400 a year.

Sales and rents for 2708 over time

Sales
Unit 2708, 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 2017: AED 1,762,000 (AED 1,849 per sqft)Sold, May 2021: AED 1,350,000 (AED 1,417 per sqft)Sold, May 2023: AED 1,760,000 (AED 1,847 per sqft)

2708 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2708, 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, August 2019: AED 100,000 a yearNew contract, July 2020: AED 75,000 a yearNew contract, July 2021: AED 75,000 a yearNew contract, July 2022: AED 105,000 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 2708 sits

All 285 1-beds →

2708 last sold in May 2023 at AED 1,847 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 1,803). 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. 2708's AED 105,000 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 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
27062-bedAED 3.5M · Mar 2014
27072-bedAED 3.75M · Jan 2019
1–7 of 9

2708, Damac Heights in numbers

  • Sold 3 times: first on 3 April 2017 for AED 1,762,000, last on 3 May 2023 for AED 1,760,000 (AED 1,847 per sqft).
  • Rented since August 2019 on 4 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 105,000 by July 2022.
  • At AED 105,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 15,400 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 3 May 2023.

Questions about 2708, Damac Heights

What did unit 2708 last sell for?

AED 1,760,000 on 3 May 2023: AED 1,847 per sqft for 953 sqft. The unit has 3 registered sales; the first was AED 1,762,000 in April 2017.

What is the rent for unit 2708?

AED 105,000 a year on the contract signed on 30 July 2022. The previous contract, from July 2021, was AED 75,000; the unit has been rented since August 2019.

How big is unit 2708?

953 sqft (88.5 sqm): a one-bedroom apartment on the 27th floor of a 84-storey tower completed in 2018.

What is unit 2708 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 2708, Damac Heights

Starts from the last sale price (AED 1.76M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,760,000
Deposit, UAE resident (20%)
AED 352,000
Deposit, non-resident (40%)
AED 704,000
Monthly over 25 years at 3.7%
AED 7,201

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