1-bed · 950 sqftDamac Heights, Dubai Marina · 48th floor · completed 2018

4807, Damac Heights

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4807 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 2.05M12 December 2024
Current rentAED 120K /yr8 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4807, Damac Heights

What is 4807 worth today?

Last sold for AED 2,050,000 in 2024

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12 Dec 2024SoldReady
AED 2,050,000AED 2,156 per sqft
8 Aug 2023RentedRenewal
AED 120,000/yr12 months · AED 127 per sqft
8 Aug 2022RentedNew contract
AED 110,000/yr12 months · AED 116 per sqft
19 Sep 2021RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
19 Sep 2020RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
28 Jul 2019RentedNew contract
AED 115,000/yr12 months · AED 121 per sqft
3 Dec 2014Sold by developerOff-plan
AED 2,373,200AED 2,496 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
1-bed apartment
Size
950 sqft
Floor
48th of 84
Parking
P4-34
Developer
DAMAC
Completed
2018
Service charge
AED 15,400 /yr
Last sold
AED 2.05M · December 2024

About 4807, Damac Heights

4807 is a one-bedroom apartment of 950 sqft on the 48th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 12 December 2024 for AED 2,050,000, or AED 2,156 per sqft, 9% above the AED 1,987 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 8 August 2023, is AED 120,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 4807 over time

Sales
Unit 4807, 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 2014: AED 2,373,200 (AED 2,496 per sqft)Sold, December 2024: AED 2,050,000 (AED 2,156 per sqft)

4807 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4807, 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, July 2019: AED 115,000 a yearNew contract, September 2020: AED 80,000 a yearRenewal, September 2021: AED 80,000 a yearNew contract, August 2022: AED 110,000 a yearRenewal, August 2023: AED 120,000 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 4807 sits

All 285 1-beds →

4807 last sold in December 2024 at AED 2,156 per sqft, 9% above what one-beds in Damac Heights were fetching at the time (AED 1,987). 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. 4807's AED 120,000 is in the upper 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 48th floor

All 641 units in Damac Heights
Value
48013-bedAED 5.26M · Oct 2013
48021-bedAED 2.11M · Sep 2013
48032-bedAED 2.29M · Nov 2021
48043-bedAED 3.5M · Feb 2026
48051-bedAED 2.42M · Dec 2016
48063-bedAED 2.88M · Mar 2021
48081-bedAED 1.75M · May 2018
1–7 of 8

4807, Damac Heights in numbers

  • Sold twice: first on 3 December 2014 for AED 2,373,200, last on 12 December 2024 for AED 2,050,000 (AED 2,156 per sqft).
  • Rented since July 2019 on 5 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2021 and recovered to AED 120,000 by August 2023.
  • At AED 120,000 a year the gross yield on the 2024 price is 5.9%, 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 12 December 2024.

Questions about 4807, Damac Heights

What did unit 4807 last sell for?

AED 2,050,000 on 12 December 2024: AED 2,156 per sqft for 950 sqft. The unit has 2 registered sales; the first was AED 2,373,200 in December 2014.

What is the rent for unit 4807?

AED 120,000 a year on the contract renewed on 8 August 2023. The previous contract, from August 2022, was AED 110,000; the unit has been rented since July 2019.

How big is unit 4807?

950 sqft (88.3 sqm): a one-bedroom apartment on the 48th floor of a 84-storey tower completed in 2018.

What is unit 4807 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 4807, Damac Heights

Starts from the last sale price (AED 2.05M, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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