4503, Damac Heights
Sold prices and rental history: sold twice, last in July 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4503, Damac Heights
What is 4503 worth today?
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Source: Dubai Land Department. Updated 24 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,707 sqft
- Floor
- 45th of 84
- Parking
- P4-04
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 27,600 /yr
- Last sold
- AED 2.6M · July 2023
- Building
- Damac Heights
About 4503, Damac Heights
4503 is a two-bedroom apartment of 1,707 sqft on the 45th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 24 July 2023 for AED 2,600,000, or AED 1,523 per sqft, 13% below the AED 1,744 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 May 2023, is AED 200,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 27,600 a year.
Sales and rents for 4503 over time
4503 has sold twice; the dashed line is the two-bed median of each year in the building.
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 4503 sits
All 255 2-beds →4503 last sold in July 2023 at AED 1,523 per sqft, 13% below 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. 4503's AED 200,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,723 sqft | 2,852,887 | 1,656 | ||
| 30 Jul 202630 July 2026 | 1,425 sqft | 2,700,000 | 1,894 | ||
| 24 Jul 202624 July 2026 | 1,505 sqft | 3,100,000 | 2,059 | ||
| 7 Jul 20267 July 2026 | 1,471 sqft | 3,125,000 | 2,124 |
Damac Heights
Building641 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%
Other units on the 45th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4501 | 3-bed | 1,878 sqft | AED 3.25MAED 3,250,000 · Mar 2022March 2022 | 238,000 /yr | |
| 4502 | 1-bed | 890 sqft | AED 1.63MAED 1,630,000 · Apr 2023April 2023 | 150,000 /yr | |
| 4504 | 3-bed | 1,950 sqft | AED 2.48MAED 2,480,290 · Nov 2021November 2021 | ||
| 4505 | 1-bed | 1,056 sqft | AED 1MAED 1,000,000 · Aug 2019August 2019 | 130,000 /yr | |
| 4506 | 3-bed | 2,284 sqft | AED 3.25MAED 3,250,660 · Mar 2020March 2020 | 380,000 /yr | |
| 4507 | 1-bed | 950 sqft | AED 1.65MAED 1,650,000 · Jul 2021July 2021 | 130,000 /yr | |
| 4508 | 1-bed | 955 sqft | AED 1.1MAED 1,100,000 · Nov 2020November 2020 | 125,000 /yr | |
| 4509 | 2-bed | 1,413 sqft | AED 2.74MAED 2,736,250 · Apr 2025April 2025 | 150,000 /yr |
4503, Damac Heights in numbers
- Sold twice: first on 3 October 2018 for AED 3,547,000, last on 24 July 2023 for AED 2,600,000 (AED 1,523 per sqft).
- Rented since April 2021 on 3 Ejari contracts, from AED 125,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 27,600 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 24 July 2023.
Questions about 4503, Damac Heights
What did unit 4503 last sell for?
AED 2,600,000 on 24 July 2023: AED 1,523 per sqft for 1,707 sqft. The unit has 2 registered sales; the first was AED 3,547,000 in October 2018.
What is the rent for unit 4503?
AED 200,000 a year on the contract signed on 1 May 2023. The previous contract, from May 2022, was AED 200,000; the unit has been rented since April 2021.
How big is unit 4503?
1,707 sqft (158.6 sqm): a two-bedroom apartment on the 45th floor of a 84-storey tower completed in 2018.
What is unit 4503 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 4503, Damac Heights
Starts from the last sale price (AED 2.6M, 24 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →