2-bed · 1,336 sqftDamac Heights, Dubai Marina · 31st floor · completed 2018

3110, Damac Heights

Sold prices and rental history: sold once, by the developer in December 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3110 · DLD and Ejari recordsUpdated 10 September 2022
Last soldAED 3.24M2 December 2013
Current rentAED 160K /yr10 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3110, Damac Heights

What is 3110 worth today?

Last sold for AED 3,237,600 in 2013

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10 Sep 2022RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
2 Apr 2021RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
28 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
2 Dec 2013Sold by developerOff-plan
AED 3,237,600AED 2,423 per sqft

Source: Dubai Land Department. Updated 10 September 2022.

Key facts

Type
2-bed apartment
Size
1,336 sqft
Floor
31st of 84
Parking
B2-33
Developer
DAMAC
Completed
2018
Service charge
AED 21,600 /yr
Last sold
AED 3.24M · December 2013

About 3110, Damac Heights

3110 is a two-bedroom apartment of 1,336 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 2 December 2013 for AED 3,237,600, or AED 2,423 per sqft, in line with the AED 2,420 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 10 September 2022, is AED 160,000 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 21,600 a year.

Sales and rents for 3110 over time

Sales
Unit 3110, 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, December 2013: AED 3,237,600 (AED 2,423 per sqft)

3110 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3110, 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, September 2020: AED 110,000 a yearNew contract, April 2021: AED 120,000 a yearNew contract, September 2022: AED 160,000 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 3110 sits

All 255 2-beds →

3110 last sold in December 2013 at AED 2,423 per sqft, in line with what two-beds in Damac Heights were fetching at the time (AED 2,420). 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. 3110's AED 160,000 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 31st floor

All 641 units in Damac Heights
Value
31012-bedAED 3.31M · Apr 2016
31021-bedAED 2.7M · Feb 2013
31031-bedAED 2.11M · Mar 2014
31041-bedAED 1.67M · Nov 2022
31053-bedAED 3.8M · Feb 2024
31062-bedAED 3.69M · Aug 2014
31072-bedAED 3.23M · Apr 2017
1–7 of 9

3110, Damac Heights in numbers

  • Sold once: by DAMAC on 2 December 2013 for AED 3,237,600, or AED 2,423 per sqft.
  • Rented since September 2020 on 3 Ejari contracts, from AED 110,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2013 price is 4.9%, before a service charge of about AED 21,600 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 10 September 2022.

Questions about 3110, Damac Heights

What did unit 3110 last sell for?

AED 3,237,600 on 2 December 2013, sold by the developer: AED 2,423 per sqft for 1,336 sqft. It is the only registered sale of the unit.

What is the rent for unit 3110?

AED 160,000 a year on the contract signed on 10 September 2022. The previous contract, from April 2021, was AED 120,000; the unit has been rented since September 2020.

How big is unit 3110?

1,336 sqft (124.1 sqm): a two-bedroom apartment on the 31st floor of a 84-storey tower completed in 2018.

What is unit 3110 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 3110, Damac Heights

Starts from the last sale price (AED 3.24M, 2 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,237,600
Deposit, UAE resident (20%)
AED 647,520
Deposit, non-resident (40%)
AED 1,295,040
Monthly over 25 years at 3.7%
AED 13,246

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