3-bed · 1,934 sqftDamac Heights, Dubai Marina · 47th floor · completed 2018

4704, Damac Heights

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4704 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 4.3M15 February 2017
Current rentAED 230K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4704, Damac Heights

What is 4704 worth today?

Last sold for AED 4,302,000 in 2017

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1 Apr 2024RentedRenewal
AED 230,000/yr12 months · AED 119 per sqft
1 Apr 2024RentedRenewal
AED 230,000/yr12 months · AED 119 per sqft
1 Apr 2023RentedNew contract
AED 225,000/yr12 months · AED 116 per sqft
21 Mar 2022RentedRenewal
AED 145,000/yr12 months · AED 75 per sqft
21 Mar 2021RentedRenewal
AED 143,000/yr12 months · AED 74 per sqft
21 Mar 2020RentedNew contract
AED 155,000/yr12 months · AED 80 per sqft
15 Feb 2017Sold by developerOff-plan
AED 4,302,000AED 2,224 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
3-bed apartment
Size
1,934 sqft
Floor
47th of 84
Parking
P4-23
Developer
DAMAC
Completed
2018
Service charge
AED 31,300 /yr
Last sold
AED 4.3M · February 2017

About 4704, Damac Heights

4704 is a three-bedroom apartment of 1,934 sqft on the 47th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 15 February 2017 for AED 4,302,000, or AED 2,224 per sqft, 16% below the AED 2,635 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 230,000 a year: a gross yield of 5.3% on the 2017 price, before the service charge of about AED 31,300 a year.

Sales and rents for 4704 over time

Sales
Unit 4704, each saleTypical three-bed in Damac Heights
2M4M6M2013201720212025Typical sale price by year: 2013 AED 4,900,025; 2014 AED 6,334,750; 2015 AED 5,707,000; 2017 AED 3,875,938; 2018 AED 4,794,500; 2019 AED 4,256,000; 2020 AED 3,108,680; 2021 AED 2,482,715; 2022 AED 3,133,000; 2023 AED 3,050,000; 2024 AED 3,650,000; 2025 AED 3,925,175; 2026 AED 3,700,000Sold by developer, February 2017: AED 4,302,000 (AED 2,224 per sqft)

4704 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4704, each contractTypical three-bed in Damac Heights
150K200K250K2018202120242027Typical rent by year: 2018 AED 180,000; 2019 AED 180,000; 2020 AED 145,000; 2021 AED 152,500; 2022 AED 170,000; 2023 AED 211,435; 2024 AED 230,000; 2025 AED 238,000; 2026 AED 220,000New contract, March 2020: AED 155,000 a yearRenewal, March 2021: AED 143,000 a yearRenewal, March 2022: AED 145,000 a yearNew contract, April 2023: AED 225,000 a yearRenewal, April 2024: AED 230,000 a yearRenewal, April 2024: AED 230,000 a year

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 4704 sits

All 90 3-beds →

4704 last sold in February 2017 at AED 2,224 per sqft, 16% below what three-beds in Damac Heights were fetching at the time (AED 2,635). 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. 4704's AED 230,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Oct 20262,200,000
18 Sep 20263,750,000
17 Sep 20263,650,000
10 Aug 20264,501,860
10 3-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 47th floor

All 641 units in Damac Heights
Value
47013-bedAED 4.24M · Jun 2018
47021-bedAED 2.38M · Mar 2013
47032-bedAED 2.94M · Oct 2025
47051-bedAED 2.36M · Dec 2016
47063-bedAED 3.8M · Nov 2018
47071-bedAED 2.3M · Apr 2014
47081-bedAED 2.34M · Apr 2015
1–7 of 8

4704, Damac Heights in numbers

  • Sold once: by DAMAC on 15 February 2017 for AED 4,302,000, or AED 2,224 per sqft.
  • Rented since March 2020 on 6 Ejari contracts, from AED 155,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2017 price is 5.3%, before a service charge of about AED 31,300 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 1 April 2024.

Questions about 4704, Damac Heights

What did unit 4704 last sell for?

AED 4,302,000 on 15 February 2017, sold by the developer: AED 2,224 per sqft for 1,934 sqft. It is the only registered sale of the unit.

What is the rent for unit 4704?

AED 230,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2024, was AED 230,000; the unit has been rented since March 2020.

How big is unit 4704?

1,934 sqft (179.7 sqm): a three-bedroom apartment on the 47th floor of a 84-storey tower completed in 2018.

What is unit 4704 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.

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Mortgage on 4704, Damac Heights

Starts from the last sale price (AED 4.3M, 15 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,302,000
Deposit, UAE resident (20%)
AED 860,400
Deposit, non-resident (40%)
AED 1,720,800
Monthly over 25 years at 3.7%
AED 17,601

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