4506, Damac Heights
Sold prices and rental history: sold once, by the developer in March 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4506, Damac Heights
What is 4506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 November 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,284 sqft
- Floor
- 45th of 84
- Parking
- P4-07
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 37,000 /yr
- Last sold
- AED 3.25M · March 2020
- Building
- Damac Heights
About 4506, Damac Heights
4506 is a three-bedroom apartment of 2,284 sqft on the 45th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 5 March 2020 for AED 3,250,660, or AED 1,423 per sqft, 9% below the AED 1,569 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 20 November 2023, is AED 380,000 a year: a gross yield of 11.7% on the 2020 price, before the service charge of about AED 37,000 a year.
Sales and rents for 4506 over time
4506 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Damac Heights, and where 4506 sits
All 90 3-beds →4506 last sold in March 2020 at AED 1,423 per sqft, 9% below what three-beds in Damac Heights were fetching at the time (AED 1,569). Over the last 12 months three-beds sold for AED 2,200,000 to 4,501,860, around AED 1,898 per sqft, and rent for AED 117,466 to 516,176 a year. 4506's AED 380,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,159 sqft | 2,200,000 | 1,897 | ||
| 18 Sep 202618 September 2026 | 1,657 sqft | 3,750,000 | 2,262 | ||
| 17 Sep 202617 September 2026 | 1,922 sqft | 3,650,000 | 1,898 | ||
| 10 Aug 202610 August 2026 | 1,906 sqft | 4,501,860 | 2,362 |
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 | |
| 4503 | 2-bed | 1,707 sqft | AED 2.6MAED 2,600,000 · Jul 2023July 2023 | 200,000 /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 | |
| 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 |
4506, Damac Heights in numbers
- Sold once: by DAMAC on 5 March 2020 for AED 3,250,660, or AED 1,423 per sqft.
- Rented since July 2020 on 4 Ejari contracts, from AED 179,000 to AED 380,000 a year.
- At AED 380,000 a year the gross yield on the 2020 price is 11.7%, before a service charge of about AED 37,000 a year (AED 16.18 per sqft).
- Three-beds in Damac Heights sold for AED 2,200,000–4,501,860 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 20 November 2023.
Questions about 4506, Damac Heights
What did unit 4506 last sell for?
AED 3,250,660 on 5 March 2020, sold by the developer: AED 1,423 per sqft for 2,284 sqft. It is the only registered sale of the unit.
What is the rent for unit 4506?
AED 380,000 a year on the contract signed on 20 November 2023. The previous contract, from September 2022, was AED 290,000; the unit has been rented since July 2020.
How big is unit 4506?
2,284 sqft (212.2 sqm): a three-bedroom apartment on the 45th floor of a 84-storey tower completed in 2018.
What is unit 4506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Damac Heights sold for AED 2,200,000 to 4,501,860 in the last 12 months, around AED 1,898 per sqft.
Selling 4506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 4506, Damac Heights
Starts from the last sale price (AED 3.25M, 5 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 3,250,660
- Deposit, UAE resident (20%)
- AED 650,132
- Deposit, non-resident (40%)
- AED 1,300,264
- Monthly over 25 years at 3.7%
- AED 13,299
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →