1-bed · 950 sqftDamac Heights, Dubai Marina · 44th floor · completed 2018

4407, Damac Heights

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

Unit 4407 · DLD and Ejari recordsUpdated 29 February 2024
Last soldAED 2.12M29 February 2024
Current rentAED 105K /yr25 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4407, Damac Heights

What is 4407 worth today?

Last sold for AED 2,120,000 in 2024

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29 Feb 2024SoldReady
AED 2,120,000AED 2,230 per sqft
25 Aug 2023RentedRenewal
AED 105,000/yr12 months · AED 111 per sqft
25 Aug 2022RentedNew contract
AED 105,000/yr12 months · AED 111 per sqft
21 Aug 2021RentedRenewal
AED 85,000/yr12 months · AED 90 per sqft
21 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
18 Aug 2018RentedNew contract
AED 95,000/yr12 months · AED 100 per sqft
15 Apr 2013Sold by developerOff-plan
AED 2,247,100AED 2,364 per sqft

Source: Dubai Land Department. Updated 29 February 2024.

Key facts

Type
1-bed apartment
Size
950 sqft
Floor
44th of 84
Parking
G-01
Developer
DAMAC
Completed
2018
Service charge
AED 15,400 /yr
Last sold
AED 2.12M · February 2024

About 4407, Damac Heights

4407 is a one-bedroom apartment of 950 sqft on the 44th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 29 February 2024 for AED 2,120,000, or AED 2,230 per sqft, 20% above the AED 1,861 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 25 August 2023, is AED 105,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 4407 over time

Sales
Unit 4407, 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, April 2013: AED 2,247,100 (AED 2,364 per sqft)Sold, February 2024: AED 2,120,000 (AED 2,230 per sqft)

4407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4407, 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, August 2018: AED 95,000 a yearNew contract, August 2020: AED 80,000 a yearRenewal, August 2021: AED 85,000 a yearNew contract, August 2022: AED 105,000 a yearRenewal, August 2023: AED 105,000 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 4407 sits

All 285 1-beds →

4407 last sold in February 2024 at AED 2,230 per sqft, 20% above what one-beds in Damac Heights were fetching at the time (AED 1,861). 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. 4407's AED 105,000 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 44th floor

All 641 units in Damac Heights
Value
44013-bedAED 5.88M · Mar 2015
44021-bedAED 1.3M · Dec 2020
44032-bedAED 4.06M · Jun 2013
44043-bedAED 2.63M · Feb 2023
44051-bedAED 1.96M · Apr 2017
44063-bedAED 3.77M · Nov 2019
44081-bedAED 2.38M · Feb 2013
1–7 of 8

4407, Damac Heights in numbers

  • Sold twice: first on 15 April 2013 for AED 2,247,100, last on 29 February 2024 for AED 2,120,000 (AED 2,230 per sqft).
  • Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2020 and recovered to AED 105,000 by August 2023.
  • At AED 105,000 a year the gross yield on the 2024 price is 5.0%, 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 29 February 2024.

Questions about 4407, Damac Heights

What did unit 4407 last sell for?

AED 2,120,000 on 29 February 2024: AED 2,230 per sqft for 950 sqft. The unit has 2 registered sales; the first was AED 2,247,100 in April 2013.

What is the rent for unit 4407?

AED 105,000 a year on the contract renewed on 25 August 2023. The previous contract, from August 2022, was AED 105,000; the unit has been rented since August 2018.

How big is unit 4407?

950 sqft (88.3 sqm): a one-bedroom apartment on the 44th floor of a 84-storey tower completed in 2018.

What is unit 4407 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 4407, Damac Heights

Starts from the last sale price (AED 2.12M, 29 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,120,000
Deposit, UAE resident (20%)
AED 424,000
Deposit, non-resident (40%)
AED 848,000
Monthly over 25 years at 3.7%
AED 8,674

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