2-bed · 1,878 sqftDamac Heights, Dubai Marina · 38th floor · completed 2018

3807, Damac Heights

Sold prices and rental history: sold once, by the developer in October 2021, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3807 · DLD and Ejari recordsUpdated 31 October 2021
Last soldAED 2.41M31 October 2021
Current rentAED 125K /yr27 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3807, Damac Heights

What is 3807 worth today?

Last sold for AED 2,405,600 in 2021

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31 Oct 2021Sold by developerReady
AED 2,405,600AED 1,280 per sqft
27 Aug 2021RentedRenewal
AED 125,000/yr12 months · AED 67 per sqft
27 Aug 2020RentedNew contract
AED 125,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 31 October 2021.

Key facts

Type
2-bed apartment
Size
1,878 sqft
Floor
38th of 84
Parking
B1-21
Developer
DAMAC
Completed
2018
Service charge
AED 30,400 /yr
Last sold
AED 2.41M · October 2021

About 3807, Damac Heights

3807 is a two-bedroom apartment of 1,878 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 31 October 2021 for AED 2,405,600, or AED 1,280 per sqft, in line with the AED 1,301 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 27 August 2021, is AED 125,000 a year: a gross yield of 5.2% on the 2021 price, before the service charge of about AED 30,400 a year.

Sales and rents for 3807 over time

Sales
Unit 3807, 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, October 2021: AED 2,405,600 (AED 1,280 per sqft)

3807 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3807, 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, August 2020: AED 125,000 a yearRenewal, August 2021: AED 125,000 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 3807 sits

All 255 2-beds →

3807 last sold in October 2021 at AED 1,280 per sqft, in line with what two-beds in Damac Heights were fetching at the time (AED 1,301). 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. 3807's AED 125,000 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 38th floor

All 641 units in Damac Heights
Value
38012-bedAED 2.7M · May 2025
38021-bedAED 2.1M · Dec 2016
38031-bedAED 1.96M · Apr 2014
38041-bedAED 1.96M · Jun 2014
38053-bedAED 4.54M · Dec 2013
38062-bedAED 2.68M · Apr 2017
38081-bedAED 1.7M · Jun 2023
1–7 of 9

3807, Damac Heights in numbers

  • Sold once: by DAMAC on 31 October 2021 for AED 2,405,600, or AED 1,280 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 5.2%, before a service charge of about AED 30,400 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 31 October 2021.

Questions about 3807, Damac Heights

What did unit 3807 last sell for?

AED 2,405,600 on 31 October 2021, sold by the developer: AED 1,280 per sqft for 1,878 sqft. It is the only registered sale of the unit.

What is the rent for unit 3807?

AED 125,000 a year on the contract renewed on 27 August 2021. The previous contract, from August 2020, was AED 125,000.

How big is unit 3807?

1,878 sqft (174.5 sqm): a two-bedroom apartment on the 38th floor of a 84-storey tower completed in 2018.

What is unit 3807 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 3807, Damac Heights

Starts from the last sale price (AED 2.41M, 31 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,405,600
Deposit, UAE resident (20%)
AED 481,120
Deposit, non-resident (40%)
AED 962,240
Monthly over 25 years at 3.7%
AED 9,842

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