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1-bed · 890 sqftDamac Heights, Dubai Marina · 35th floor · completed 2018

3502, Damac Heights

Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3502 · DLD and Ejari recordsUpdated 15 June 2020
Last soldAED 2.1M12 July 2016
Current rentAED 78K /yr15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3502, Damac Heights

What is 3502 worth today?

Last sold for AED 2,100,000 in 2016

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15 Jun 2020RentedNew contract
AED 78,000/yr12 months · AED 88 per sqft
7 Feb 2019RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
12 Jul 2016Sold by developerOff-plan
AED 2,100,000AED 2,359 per sqft

Source: Dubai Land Department. Updated 15 June 2020.

Key facts

Type
1-bed apartment
Size
890 sqft
Floor
35th of 84
Parking
B2-61
Developer
DAMAC
Completed
2018
Service charge
AED 14,400 /yr
Last sold
AED 2.1M · July 2016
Building
Damac Heights

About 3502, Damac Heights

3502 is a one-bedroom apartment of 890 sqft on the 35th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 12 July 2016 for AED 2,100,000, or AED 2,359 per sqft, 6% above the AED 2,229 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 June 2020, is AED 78,000 a year: a gross yield of 3.7% on the 2016 price, before the service charge of about AED 14,400 a year.

Sales and rents for 3502 over time

Sales
Unit 3502, 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, July 2016: AED 2,100,000 (AED 2,359 per sqft)

3502 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3502, 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, February 2019: AED 90,000 a yearNew contract, June 2020: AED 78,000 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 3502 sits

All 285 1-beds →

3502 last sold in July 2016 at AED 2,359 per sqft, 6% above what one-beds in Damac Heights were fetching at the time (AED 2,229). 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. 3502's AED 78,000 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 35th floor

All 641 units in Damac Heights
Value
35012-bedAED 2.4M · Sep 2025
35031-bedAED 750K · Aug 2019
35041-bedAED 2.01M · Aug 2026
35053-bedAED 2.76M · Dec 2020
35062-bedAED 3.13M · Jul 2026
35072-bedAED 4.21M · Sep 2013
35081-bedAED 1.81M · Mar 2024
1–7 of 9

3502, Damac Heights in numbers

  • Sold once: by DAMAC on 12 July 2016 for AED 2,100,000, or AED 2,359 per sqft.
  • Rented since February 2019 on 2 Ejari contracts, from AED 90,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2016 price is 3.7%, before a service charge of about AED 14,400 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 15 June 2020.

Questions about 3502, Damac Heights

What did unit 3502 last sell for?

AED 2,100,000 on 12 July 2016, sold by the developer: AED 2,359 per sqft for 890 sqft. It is the only registered sale of the unit.

What is the rent for unit 3502?

AED 78,000 a year on the contract signed on 15 June 2020. The previous contract, from February 2019, was AED 90,000.

How big is unit 3502?

890 sqft (82.7 sqm): a one-bedroom apartment on the 35th floor of a 84-storey tower completed in 2018.

What is unit 3502 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 3502, Damac Heights

Starts from the last sale price (AED 2.1M, 12 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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