4508, Damac Heights
Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4508, Damac Heights
What is 4508 worth today?
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Source: Dubai Land Department. Updated 21 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 955 sqft
- Floor
- 45th of 84
- Parking
- P4-09
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 15,400 /yr
- Last sold
- AED 1.1M · November 2020
- Building
- Damac Heights
About 4508, Damac Heights
4508 is a one-bedroom apartment of 955 sqft on the 45th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 2 November 2020 for AED 1,100,000, or AED 1,152 per sqft, 8% below the AED 1,259 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 21 September 2024, is AED 125,000 a year: a gross yield of 11.4% on the 2020 price, before the service charge of about AED 15,400 a year.
Sales and rents for 4508 over time
4508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 4508 sits
All 285 1-beds →4508 last sold in November 2020 at AED 1,152 per sqft, 8% below what one-beds in Damac Heights were fetching at the time (AED 1,259). 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. 4508's AED 125,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 880 sqft | 2,005,000 | 2,277 | ||
| 22 May 202622 May 2026 | 890 sqft | 1,850,000 | 2,079 | ||
| 1 May 20261 May 2026 | 848 sqft | 1,515,000 | 1,787 | ||
| 22 Apr 202622 April 2026 | 951 sqft | 2,275,000 | 2,392 |
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 | |
| 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 | |
| 4509 | 2-bed | 1,413 sqft | AED 2.74MAED 2,736,250 · Apr 2025April 2025 | 150,000 /yr |
4508, Damac Heights in numbers
- Sold twice: first on 15 April 2013 for AED 2,386,300, last on 2 November 2020 for AED 1,100,000 (AED 1,152 per sqft).
- Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 85,000 in 2022 and recovered to AED 125,000 by September 2024.
- At AED 125,000 a year the gross yield on the 2020 price is 11.4%, 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 21 September 2024.
Questions about 4508, Damac Heights
What did unit 4508 last sell for?
AED 1,100,000 on 2 November 2020: AED 1,152 per sqft for 955 sqft. The unit has 2 registered sales; the first was AED 2,386,300 in April 2013.
What is the rent for unit 4508?
AED 125,000 a year on the contract renewed on 21 September 2024. The previous contract, from September 2023, was AED 125,000; the unit has been rented since July 2018.
How big is unit 4508?
955 sqft (88.7 sqm): a one-bedroom apartment on the 45th floor of a 84-storey tower completed in 2018.
What is unit 4508 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 4508, Damac Heights
Starts from the last sale price (AED 1.1M, 2 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →