1-bed · 970 sqftDamac Heights, Dubai Marina · 27th floor · completed 2018

2709, Damac Heights

Sold prices and rental history: sold twice, last in December 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2709 · DLD and Ejari recordsUpdated 13 December 2022
Last soldAED 1.75M13 December 2022
Current rentAED 108K /yr7 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2709, Damac Heights

What is 2709 worth today?

Last sold for AED 1,750,000 in 2022

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13 Dec 2022SoldReady
AED 1,750,000AED 1,803 per sqft
7 Apr 2020RentedRenewal
AED 108,000/yr12 months · AED 111 per sqft
7 Apr 2019RentedNew contract
AED 115,000/yr12 months · AED 119 per sqft
6 Nov 2018RentedNew contract
AED 144,000/yr12 months · AED 149 per sqft
11 Dec 2014Sold by developerOff-plan
AED 2,068,500AED 2,131 per sqft

Source: Dubai Land Department. Updated 13 December 2022.

Key facts

Type
1-bed apartment
Size
970 sqft
Floor
27th of 84
Parking
B3-71
Developer
DAMAC
Completed
2018
Service charge
AED 15,700 /yr
Last sold
AED 1.75M · December 2022

About 2709, Damac Heights

2709 is a one-bedroom apartment of 970 sqft on the 27th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 13 December 2022 for AED 1,750,000, or AED 1,803 per sqft, 13% above the AED 1,602 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 7 April 2020, is AED 108,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 15,700 a year.

Sales and rents for 2709 over time

Sales
Unit 2709, 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, December 2014: AED 2,068,500 (AED 2,131 per sqft)Sold, December 2022: AED 1,750,000 (AED 1,803 per sqft)

2709 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2709, each contractTypical one-bed in Damac Heights
100K150K2018202120242027Typical 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, November 2018: AED 144,000 a yearNew contract, April 2019: AED 115,000 a yearRenewal, April 2020: AED 108,000 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 2709 sits

All 285 1-beds →

2709 last sold in December 2022 at AED 1,803 per sqft, 13% above what one-beds in Damac Heights were fetching at the time (AED 1,602). 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. 2709's AED 108,000 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

2709, Damac Heights in numbers

  • Sold twice: first on 11 December 2014 for AED 2,068,500, last on 13 December 2022 for AED 1,750,000 (AED 1,803 per sqft).
  • Rented since November 2018 on 3 Ejari contracts, from AED 144,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 15,700 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 13 December 2022.

Questions about 2709, Damac Heights

What did unit 2709 last sell for?

AED 1,750,000 on 13 December 2022: AED 1,803 per sqft for 970 sqft. The unit has 2 registered sales; the first was AED 2,068,500 in December 2014.

What is the rent for unit 2709?

AED 108,000 a year on the contract renewed on 7 April 2020. The previous contract, from April 2019, was AED 115,000; the unit has been rented since November 2018.

How big is unit 2709?

970 sqft (90.1 sqm): a one-bedroom apartment on the 27th floor of a 84-storey tower completed in 2018.

What is unit 2709 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 2709, Damac Heights

Starts from the last sale price (AED 1.75M, 13 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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