1-bed · 820 sqftDamac Heights, Dubai Marina · 31st floor · completed 2018

3103, Damac Heights

Sold prices and rental history: sold once, by the developer in March 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3103 · DLD and Ejari recordsUpdated 1 April 2023
Last soldAED 2.11M31 March 2014
Current rentAED 95K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3103, Damac Heights

What is 3103 worth today?

Last sold for AED 2,109,950 in 2014

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1 Apr 2023RentedRenewal
AED 95,000/yr12 months · AED 116 per sqft
1 Apr 2022RentedNew contract
AED 95,000/yr12 months · AED 116 per sqft
31 Mar 2014Sold by developerOff-plan
AED 2,109,950AED 2,574 per sqft

Source: Dubai Land Department. Updated 1 April 2023.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
31st of 84
Parking
B2-26
Developer
DAMAC
Completed
2018
Service charge
AED 13,300 /yr
Last sold
AED 2.11M · March 2014

About 3103, Damac Heights

3103 is a one-bedroom apartment of 820 sqft on the 31st 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 2,109,950, or AED 2,574 per sqft, 9% above the AED 2,364 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 95,000 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 13,300 a year.

Sales and rents for 3103 over time

Sales
Unit 3103, 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, March 2014: AED 2,109,950 (AED 2,574 per sqft)

3103 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3103, 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, April 2022: AED 95,000 a yearRenewal, April 2023: AED 95,000 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 3103 sits

All 285 1-beds →

3103 last sold in March 2014 at AED 2,574 per sqft, 9% above what one-beds in Damac Heights were fetching at the time (AED 2,364). 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. 3103's AED 95,000 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 31st floor

All 641 units in Damac Heights
Value
31012-bedAED 3.31M · Apr 2016
31021-bedAED 2.7M · Feb 2013
31041-bedAED 1.67M · Nov 2022
31053-bedAED 3.8M · Feb 2024
31062-bedAED 3.69M · Aug 2014
31072-bedAED 3.23M · Apr 2017
31081-bedAED 1.87M · Nov 2024
1–7 of 9

3103, Damac Heights in numbers

  • Sold once: by DAMAC on 31 March 2014 for AED 2,109,950, or AED 2,574 per sqft.
  • Rented since April 2022 on 2 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2014 price is 4.5%, before a service charge of about AED 13,300 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 1 April 2023.

Questions about 3103, Damac Heights

What did unit 3103 last sell for?

AED 2,109,950 on 31 March 2014, sold by the developer: AED 2,574 per sqft for 820 sqft. It is the only registered sale of the unit.

What is the rent for unit 3103?

AED 95,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 95,000.

How big is unit 3103?

820 sqft (76.2 sqm): a one-bedroom apartment on the 31st floor of a 84-storey tower completed in 2018.

What is unit 3103 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 3103, Damac Heights

Starts from the last sale price (AED 2.11M, 31 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,109,950
Deposit, UAE resident (20%)
AED 421,990
Deposit, non-resident (40%)
AED 843,980
Monthly over 25 years at 3.7%
AED 8,632

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