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1-bed · 1,049 sqftDamac Heights, Dubai Marina · 47th floor · completed 2018

4705, Damac Heights

Sold prices and rental history: sold once, by the developer in December 2016, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4705 · DLD and Ejari recordsUpdated 8 September 2021
Last soldAED 2.36M14 December 2016
Current rentAED 105K /yr8 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4705, Damac Heights

What is 4705 worth today?

Last sold for AED 2,362,192 in 2016

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8 Sep 2021RentedNew contract
AED 105,000/yr12 months · AED 100 per sqft
14 Dec 2016Sold by developerOff-plan
AED 2,362,192AED 2,250 per sqft

Source: Dubai Land Department. Updated 8 September 2021.

Key facts

Type
1-bed apartment
Size
1,049 sqft
Floor
47th of 84
Parking
P4-24
Developer
DAMAC
Completed
2018
Service charge
AED 17,000 /yr
Last sold
AED 2.36M · December 2016
Building
Damac Heights

About 4705, Damac Heights

4705 is a one-bedroom apartment of 1,049 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 14 December 2016 for AED 2,362,192, or AED 2,250 per sqft, in line with the AED 2,238 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 September 2021. The current contract, signed on 8 September 2021, is AED 105,000 a year: a gross yield of 4.5% on the 2016 price, before the service charge of about AED 17,000 a year.

Sales and rents for 4705 over time

Sales
Unit 4705, 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, December 2016: AED 2,362,192 (AED 2,250 per sqft)

4705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4705, 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, September 2021: 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 4705 sits

All 285 1-beds →

4705 last sold in December 2016 at AED 2,250 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 2,238). 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. 4705'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 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
47043-bedAED 4.3M · Feb 2017
47063-bedAED 3.8M · Nov 2018
47071-bedAED 2.3M · Apr 2014
47081-bedAED 2.34M · Apr 2015
1–7 of 8

4705, Damac Heights in numbers

  • Sold once: by DAMAC on 14 December 2016 for AED 2,362,192, or AED 2,250 per sqft.
  • Rented since September 2021 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2016 price is 4.5%, before a service charge of about AED 17,000 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 8 September 2021.

Questions about 4705, Damac Heights

What did unit 4705 last sell for?

AED 2,362,192 on 14 December 2016, sold by the developer: AED 2,250 per sqft for 1,049 sqft. It is the only registered sale of the unit.

What is the rent for unit 4705?

AED 105,000 a year on the contract signed on 8 September 2021.

How big is unit 4705?

1,049 sqft (97.5 sqm): a one-bedroom apartment on the 47th floor of a 84-storey tower completed in 2018.

What is unit 4705 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 4705, Damac Heights

Starts from the last sale price (AED 2.36M, 14 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,362,192
Deposit, UAE resident (20%)
AED 472,438
Deposit, non-resident (40%)
AED 944,877
Monthly over 25 years at 3.7%
AED 9,664

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