2-bed · 1,551 sqftDamac Heights, Dubai Marina · 28th floor · completed 2018

2806, Damac Heights

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2806 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 3.14M28 November 2024
Current rentAED 175K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2806, Damac Heights

What is 2806 worth today?

Last sold for AED 3,135,000 in 2024

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28 Nov 2024SoldReady
AED 3,135,000AED 2,021 per sqft
1 Oct 2024RentedNew contract
AED 175,000/yr12 months · AED 113 per sqft
1 Oct 2024RentedNew contract
AED 175,000/yr12 months · AED 113 per sqft
1 Oct 2024RentedRenewal
AED 175,000/yr12 months · AED 113 per sqft
1 Oct 2024RentedRenewal
AED 175,000/yr12 months · AED 113 per sqft
1 Oct 2023RentedNew contract
AED 175,000/yr12 months · AED 113 per sqft
1 Jul 2022RentedRenewal
AED 115,500/yr12 months · AED 75 per sqft
1 Jul 2021RentedRenewal
AED 110,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
28th of 84
Parking
B2-04
Developer
DAMAC
Completed
2018
Service charge
AED 25,100 /yr
Last sold
AED 3.14M · November 2024

About 2806, Damac Heights

2806 is a two-bedroom apartment of 1,551 sqft on the 28th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 28 November 2024 for AED 3,135,000, or AED 2,021 per sqft, 6% above the AED 1,904 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 1 October 2024, is AED 175,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 25,100 a year.

Sales and rents for 2806 over time

Sales
Unit 2806, 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, July 2013: AED 3,585,700 (AED 2,312 per sqft)Sold, November 2024: AED 3,135,000 (AED 2,021 per sqft)

2806 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2806, 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, July 2019: AED 120,000 a yearRenewal, July 2020: AED 110,000 a yearRenewal, July 2021: AED 110,000 a yearRenewal, July 2022: AED 115,500 a yearNew contract, October 2023: AED 175,000 a yearNew contract, October 2024: AED 175,000 a yearNew contract, October 2024: AED 175,000 a yearRenewal, October 2024: AED 175,000 a yearRenewal, October 2024: AED 175,000 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 2806 sits

All 255 2-beds →

2806 last sold in November 2024 at AED 2,021 per sqft, 6% above what two-beds in Damac Heights were fetching at the time (AED 1,904). 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. 2806's AED 175,000 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 28th floor

All 641 units in Damac Heights
Value
28012-bedAED 3.44M · Dec 2013
28021-bedAED 3.07M · Jun 2009
28031-bedAED 2.03M · Mar 2014
28041-bedAED 1.97M · Nov 2014
28053-bedAED 4.31M · Dec 2013
28072-bedAED 2.21M · Jun 2021
28081-bedAED 2M · May 2025
1–7 of 9

2806, Damac Heights in numbers

  • Sold twice: first on 28 July 2013 for AED 3,585,700, last on 28 November 2024 for AED 3,135,000 (AED 2,021 per sqft).
  • Rented since July 2019 on 9 Ejari contracts, from AED 120,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 25,100 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 28 November 2024.

Questions about 2806, Damac Heights

What did unit 2806 last sell for?

AED 3,135,000 on 28 November 2024: AED 2,021 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 3,585,700 in July 2013.

What is the rent for unit 2806?

AED 175,000 a year on the contract signed on 1 October 2024. The previous contract, from October 2024, was AED 175,000; the unit has been rented since July 2019.

How big is unit 2806?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 28th floor of a 84-storey tower completed in 2018.

What is unit 2806 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 2806, Damac Heights

Starts from the last sale price (AED 3.14M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,135,000
Deposit, UAE resident (20%)
AED 627,000
Deposit, non-resident (40%)
AED 1,254,000
Monthly over 25 years at 3.7%
AED 12,826

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