1-bed · 890 sqftDamac Heights, Dubai Marina · 38th floor · completed 2018

3802, Damac Heights

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3802 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 2.1M6 December 2016
Current rentAED 115K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3802, Damac Heights

What is 3802 worth today?

Last sold for AED 2,098,000 in 2016

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15 Sep 2024RentedRenewal
AED 115,000/yr12 months · AED 130 per sqft
15 Sep 2024RentedRenewal
AED 115,000/yr12 months · AED 130 per sqft
15 Sep 2023RentedNew contract
AED 115,000/yr12 months · AED 129 per sqft
15 Oct 2020RentedNew contract
AED 68,000/yr12 months · AED 76 per sqft
15 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
6 Dec 2016Sold by developerOff-plan
AED 2,098,000AED 2,358 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
890 sqft
Floor
38th of 84
Parking
B1-12
Developer
DAMAC
Completed
2018
Service charge
AED 14,400 /yr
Last sold
AED 2.1M · December 2016

About 3802, Damac Heights

3802 is a one-bedroom apartment of 890 sqft on the 38th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 6 December 2016 for AED 2,098,000, or AED 2,358 per sqft, 6% above the AED 2,234 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 115,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 14,400 a year.

Sales and rents for 3802 over time

Sales
Unit 3802, 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, December 2016: AED 2,098,000 (AED 2,358 per sqft)

3802 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3802, 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, October 2018: AED 90,000 a yearNew contract, October 2020: AED 68,000 a yearNew contract, September 2023: AED 115,000 a yearRenewal, September 2024: AED 115,000 a yearRenewal, September 2024: AED 115,000 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 3802 sits

All 285 1-beds →

3802 last sold in December 2016 at AED 2,358 per sqft, 6% above what one-beds in Damac Heights were fetching at the time (AED 2,234). 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. 3802's AED 115,000 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 38th floor

All 641 units in Damac Heights
Value
38012-bedAED 2.7M · May 2025
38031-bedAED 1.96M · Apr 2014
38041-bedAED 1.96M · Jun 2014
38053-bedAED 4.54M · Dec 2013
38062-bedAED 2.68M · Apr 2017
38072-bedAED 2.41M · Oct 2021
38081-bedAED 1.7M · Jun 2023
1–7 of 9

3802, Damac Heights in numbers

  • Sold once: by DAMAC on 6 December 2016 for AED 2,098,000, or AED 2,358 per sqft.
  • Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 68,000 in 2020 and recovered to AED 115,000 by September 2024.
  • At AED 115,000 a year the gross yield on the 2016 price is 5.5%, 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 September 2024.

Questions about 3802, Damac Heights

What did unit 3802 last sell for?

AED 2,098,000 on 6 December 2016, sold by the developer: AED 2,358 per sqft for 890 sqft. It is the only registered sale of the unit.

What is the rent for unit 3802?

AED 115,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2024, was AED 115,000; the unit has been rented since October 2018.

How big is unit 3802?

890 sqft (82.7 sqm): a one-bedroom apartment on the 38th floor of a 84-storey tower completed in 2018.

What is unit 3802 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 3802, Damac Heights

Starts from the last sale price (AED 2.1M, 6 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,098,000
Deposit, UAE resident (20%)
AED 419,600
Deposit, non-resident (40%)
AED 839,200
Monthly over 25 years at 3.7%
AED 8,584

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