2-bed · 1,829 sqftDamac Heights, Dubai Marina · 39th floor · completed 2018

3907, Damac Heights

Sold prices and rental history: sold twice, last in October 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3907 · DLD and Ejari recordsUpdated 18 October 2023
Last soldAED 3.25M18 October 2023
Current rentAED 120K /yr13 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3907, Damac Heights

What is 3907 worth today?

Last sold for AED 3,250,000 in 2023

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18 Oct 2023SoldReady
AED 3,250,000AED 1,777 per sqft
3 Mar 2022Sold by developerReady
AED 2,351,280AED 1,285 per sqft
13 May 2021RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft
20 Aug 2020RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 18 October 2023.

Key facts

Type
2-bed apartment
Size
1,829 sqft
Floor
39th of 84
Parking
B1-30
Developer
DAMAC
Completed
2018
Service charge
AED 29,600 /yr
Last sold
AED 3.25M · October 2023

About 3907, Damac Heights

3907 is a two-bedroom apartment of 1,829 sqft on the 39th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 18 October 2023 for AED 3,250,000, or AED 1,777 per sqft, in line with the AED 1,744 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 13 May 2021, is AED 120,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 29,600 a year.

Sales and rents for 3907 over time

Sales
Unit 3907, 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, March 2022: AED 2,351,280 (AED 1,285 per sqft)Sold, October 2023: AED 3,250,000 (AED 1,777 per sqft)

3907 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3907, 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 120,000 a yearNew contract, May 2021: AED 120,000 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 3907 sits

All 255 2-beds →

3907 last sold in October 2023 at AED 1,777 per sqft, in line with what two-beds in Damac Heights were fetching at the time (AED 1,744). 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. 3907's AED 120,000 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 39th floor

All 641 units in Damac Heights
Value
39012-bedAED 5.96M · Aug 2009
39021-bedAED 2.33M · Aug 2016
39031-bedAED 1.88M · May 2014
39041-bedAED 2.09M · Aug 2014
39053-bedAED 4.36M · Jan 2021
39062-bedAED 2.34M · Sep 2022
39081-bedAED 1.26M · Feb 2019
1–7 of 9

3907, Damac Heights in numbers

  • Sold twice: first on 3 March 2022 for AED 2,351,280, last on 18 October 2023 for AED 3,250,000 (AED 1,777 per sqft).
  • Rented since August 2020 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 29,600 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 18 October 2023.

Questions about 3907, Damac Heights

What did unit 3907 last sell for?

AED 3,250,000 on 18 October 2023: AED 1,777 per sqft for 1,829 sqft. The unit has 2 registered sales; the first was AED 2,351,280 in March 2022.

What is the rent for unit 3907?

AED 120,000 a year on the contract signed on 13 May 2021. The previous contract, from August 2020, was AED 120,000.

How big is unit 3907?

1,829 sqft (169.9 sqm): a two-bedroom apartment on the 39th floor of a 84-storey tower completed in 2018.

What is unit 3907 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 3907, Damac Heights

Starts from the last sale price (AED 3.25M, 18 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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