2-bed · 1,514 sqftDamac Heights, Dubai Marina · 33rd floor · completed 2018

3306, Damac Heights

Sold prices and rental history: sold twice, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3306 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 2.65M15 May 2024
Current rentAED 160K /yr19 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3306, Damac Heights

What is 3306 worth today?

Last sold for AED 2,650,000 in 2024

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15 May 2024SoldReady
AED 2,650,000AED 1,750 per sqft
19 Oct 2023RentedRenewal
AED 160,000/yr12 months · AED 105 per sqft
19 Oct 2022RentedNew contract
AED 160,000/yr12 months · AED 105 per sqft
2 May 2018Sold by developerOff-plan
AED 3,008,000AED 1,987 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
1,514 sqft
Floor
33rd of 84
Parking
B2-46
Developer
DAMAC
Completed
2018
Service charge
AED 24,500 /yr
Last sold
AED 2.65M · May 2024

About 3306, Damac Heights

3306 is a two-bedroom apartment of 1,514 sqft on the 33rd floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 15 May 2024 for AED 2,650,000, or AED 1,750 per sqft, in line with the AED 1,764 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 19 October 2023, is AED 160,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 24,500 a year.

Sales and rents for 3306 over time

Sales
Unit 3306, 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, May 2018: AED 3,008,000 (AED 1,987 per sqft)Sold, May 2024: AED 2,650,000 (AED 1,750 per sqft)

3306 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3306, each contractTypical two-bed in Damac Heights
150K2018202120242027Typical 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, October 2022: AED 160,000 a yearRenewal, October 2023: 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 3306 sits

All 255 2-beds →

3306 last sold in May 2024 at AED 1,750 per sqft, in line with what two-beds in Damac Heights were fetching at the time (AED 1,764). 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. 3306'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 33rd floor

All 641 units in Damac Heights
Value
33012-bedAED 3.22M · Oct 2016
33021-bedAED 2.31M · Jan 2016
33031-bedAED 2.05M · Nov 2024
33041-bedAED 1.75M · Dec 2024
33053-bedAED 4.26M · Jan 2019
33072-bedAED 4.25M · Jun 2014
33081-bedAED 1.85M · Jul 2017
1–7 of 9

3306, Damac Heights in numbers

  • Sold twice: first on 2 May 2018 for AED 3,008,000, last on 15 May 2024 for AED 2,650,000 (AED 1,750 per sqft).
  • Rented since October 2022 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 24,500 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 15 May 2024.

Questions about 3306, Damac Heights

What did unit 3306 last sell for?

AED 2,650,000 on 15 May 2024: AED 1,750 per sqft for 1,514 sqft. The unit has 2 registered sales; the first was AED 3,008,000 in May 2018.

What is the rent for unit 3306?

AED 160,000 a year on the contract renewed on 19 October 2023. The previous contract, from October 2022, was AED 160,000.

How big is unit 3306?

1,514 sqft (140.7 sqm): a two-bedroom apartment on the 33rd floor of a 84-storey tower completed in 2018.

What is unit 3306 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 3306, Damac Heights

Starts from the last sale price (AED 2.65M, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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