2-bed · 1,352 sqftDamac Heights, Dubai Marina · 32nd floor · completed 2018

3201, Damac Heights

Sold prices and rental history: sold once, by the developer in December 2013, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 20 October 2022
Last soldAED 3.35M18 December 2013
Current rentAED 190K /yr20 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, Damac Heights

What is 3201 worth today?

Last sold for AED 3,350,400 in 2013

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20 Oct 2022RentedNew contract
AED 190,000/yr12 months · AED 141 per sqft
7 Apr 2022RentedRenewal
AED 150,000/yr6 months · AED 111 per sqft
7 Apr 2021RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
18 Dec 2013Sold by developerOff-plan
AED 3,350,400AED 2,477 per sqft

Source: Dubai Land Department. Updated 20 October 2022.

Key facts

Type
2-bed apartment
Size
1,352 sqft
Floor
32nd of 84
Parking
B2-34
Developer
DAMAC
Completed
2018
Service charge
AED 21,900 /yr
Last sold
AED 3.35M · December 2013

About 3201, Damac Heights

3201 is a two-bedroom apartment of 1,352 sqft on the 32nd floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 18 December 2013 for AED 3,350,400, or AED 2,477 per sqft, in line with the AED 2,448 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 October 2022, is AED 190,000 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 21,900 a year.

Sales and rents for 3201 over time

Sales
Unit 3201, 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 3,350,400 (AED 2,477 per sqft)

3201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3201, each contractTypical two-bed in Damac Heights
150K200K2018202120242027Typical 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, April 2021: AED 115,000 a yearRenewal, April 2022: AED 150,000 a yearNew contract, October 2022: AED 190,000 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 3201 sits

All 255 2-beds →

3201 last sold in December 2013 at AED 2,477 per sqft, in line with what two-beds in Damac Heights were fetching at the time (AED 2,448). 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. 3201's AED 190,000 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 32nd floor

All 641 units in Damac Heights
Value
32021-bedAED 1.52M · Sep 2021
32031-bedAED 1.55M · Aug 2024
32041-bedAED 1.97M · Apr 2016
32053-bedAED 3.75M · Feb 2025
32062-bedAED 3.5M · Jun 2016
32072-bedAED 3.1M · Jun 2022
32081-bedAED 1.79M · Feb 2023
1–7 of 9

3201, Damac Heights in numbers

  • Sold once: by DAMAC on 18 December 2013 for AED 3,350,400, or AED 2,477 per sqft.
  • Rented since April 2021 on 3 Ejari contracts, from AED 115,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2013 price is 5.7%, before a service charge of about AED 21,900 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 20 October 2022.

Questions about 3201, Damac Heights

What did unit 3201 last sell for?

AED 3,350,400 on 18 December 2013, sold by the developer: AED 2,477 per sqft for 1,352 sqft. It is the only registered sale of the unit.

What is the rent for unit 3201?

AED 190,000 a year on the contract signed on 20 October 2022. The previous contract, from April 2022, was AED 150,000; the unit has been rented since April 2021.

How big is unit 3201?

1,352 sqft (125.6 sqm): a two-bedroom apartment on the 32nd floor of a 84-storey tower completed in 2018.

What is unit 3201 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 3201, Damac Heights

Starts from the last sale price (AED 3.35M, 18 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,400
Deposit, UAE resident (20%)
AED 670,080
Deposit, non-resident (40%)
AED 1,340,160
Monthly over 25 years at 3.7%
AED 13,708

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