1-bed · 951 sqftDamac Heights, Dubai Marina · 35th floor · completed 2018

3508, Damac Heights

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3508 · DLD and Ejari recordsUpdated 4 March 2024
Last soldAED 1.81M4 March 2024
Current rentAED 116K /yr7 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3508, Damac Heights

What is 3508 worth today?

Last sold for AED 1,807,000 in 2024

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4 Mar 2024SoldReady
AED 1,807,000AED 1,899 per sqft
7 Aug 2023RentedNew contract
AED 116,000/yr12 months · AED 122 per sqft
12 Jul 2022RentedNew contract
AED 95,000/yr12 months · AED 100 per sqft
9 Apr 2021RentedNew contract
AED 73,000/yr12 months · AED 77 per sqft
1 Jun 2020RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
1 Jun 2019RentedRenewal
AED 95,000/yr12 months · AED 100 per sqft
1 Jun 2018RentedNew contract
AED 95,000/yr12 months · AED 100 per sqft
4 May 2017Sold by developerOff-plan
AED 1,757,000AED 1,847 per sqft

Source: Dubai Land Department. Updated 4 March 2024.

Key facts

Type
1-bed apartment
Size
951 sqft
Floor
35th of 84
Parking
B2-66
Developer
DAMAC
Completed
2018
Service charge
AED 15,400 /yr
Last sold
AED 1.81M · March 2024

About 3508, Damac Heights

3508 is a one-bedroom apartment of 951 sqft on the 35th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 4 March 2024 for AED 1,807,000, or AED 1,899 per sqft, in line with the AED 1,880 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 7 August 2023, is AED 116,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 3508 over time

Sales
Unit 3508, 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, May 2017: AED 1,757,000 (AED 1,847 per sqft)Sold, March 2024: AED 1,807,000 (AED 1,899 per sqft)

3508 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3508, 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, June 2018: AED 95,000 a yearRenewal, June 2019: AED 95,000 a yearRenewal, June 2020: AED 80,000 a yearNew contract, April 2021: AED 73,000 a yearNew contract, July 2022: AED 95,000 a yearNew contract, August 2023: AED 116,000 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 3508 sits

All 285 1-beds →

3508 last sold in March 2024 at AED 1,899 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 1,880). 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. 3508's AED 116,000 is in the upper 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
35021-bedAED 2.1M · Jul 2016
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
1–7 of 9

3508, Damac Heights in numbers

  • Sold twice: first on 4 May 2017 for AED 1,757,000, last on 4 March 2024 for AED 1,807,000 (AED 1,899 per sqft).
  • Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 73,000 in 2021 and recovered to AED 116,000 by August 2023.
  • At AED 116,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 15,400 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 4 March 2024.

Questions about 3508, Damac Heights

What did unit 3508 last sell for?

AED 1,807,000 on 4 March 2024: AED 1,899 per sqft for 951 sqft. The unit has 2 registered sales; the first was AED 1,757,000 in May 2017.

What is the rent for unit 3508?

AED 116,000 a year on the contract signed on 7 August 2023. The previous contract, from July 2022, was AED 95,000; the unit has been rented since June 2018.

How big is unit 3508?

951 sqft (88.4 sqm): a one-bedroom apartment on the 35th floor of a 84-storey tower completed in 2018.

What is unit 3508 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 3508, Damac Heights

Starts from the last sale price (AED 1.81M, 4 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,807,000
Deposit, UAE resident (20%)
AED 361,400
Deposit, non-resident (40%)
AED 722,800
Monthly over 25 years at 3.7%
AED 7,393

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