5001, Damac Heights
Sold prices and rental history: sold once, by the developer in April 2015, 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 5001, Damac Heights
What is 5001 worth today?
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Source: Dubai Land Department. Updated 7 February 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,338 sqft
- Floor
- 50th of 84
- Parking
- B2-74 , B2-T1
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 21,600 /yr
- Last sold
- AED 5.81M · April 2015
- Building
- Damac Heights
About 5001, Damac Heights
5001 is a three-bedroom apartment of 1,338 sqft on the 50th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 23 April 2015 for AED 5,814,000, or AED 4,345 per sqft, 38% above the AED 3,147 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 7 February 2023, is AED 178,500 a year: a gross yield of 3.1% on the 2015 price, before the service charge of about AED 21,600 a year.
Sales and rents for 5001 over time
5001 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 5001 sits
All 90 3-beds →5001 last sold in April 2015 at AED 4,345 per sqft, 38% above what three-beds in Damac Heights were fetching at the time (AED 3,147). 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. 5001's AED 178,500 is in the lower 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 50th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5002 | 1-bed | 886 sqft | AED 2.05MAED 2,050,000 · Jan 2025January 2025 | 90,000 /yr | |
| 5003 | 2-bed | 921 sqft | AED 4.2MAED 4,200,000 · Jun 2015June 2015 | 140,000 /yr | |
| 5004 | 3-bed | 921 sqft | AED 5.34MAED 5,342,610 · Sep 2015September 2015 | ||
| 5005 | 1-bed | 1,003 sqft | AED 2.06MAED 2,057,000 · Mar 2017March 2017 | 110,000 /yr | |
| 5006 | 3-bed | 2,229 sqft | AED 4.3MAED 4,300,000 · Feb 2025February 2025 | 320,000 /yr | |
| 5007 | 1-bed | 950 sqft | AED 2.27MAED 2,274,700 · Sep 2015September 2015 | ||
| 5008 | 1-bed | 954 sqft | AED 2.26MAED 2,258,600 · Mar 2015March 2015 | ||
| 5009 | 2-bed | 1,396 sqft | AED 3.9MAED 3,900,000 · Oct 2024October 2024 | 170,000 /yr |
5001, Damac Heights in numbers
- Sold once: by DAMAC on 23 April 2015 for AED 5,814,000, or AED 4,345 per sqft.
- Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 220,000 to AED 160,000 in 2021 and recovered to AED 178,500 by February 2023.
- At AED 178,500 a year the gross yield on the 2015 price is 3.1%, before a service charge of about AED 21,600 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 7 February 2023.
Questions about 5001, Damac Heights
What did unit 5001 last sell for?
AED 5,814,000 on 23 April 2015, sold by the developer: AED 4,345 per sqft for 1,338 sqft. It is the only registered sale of the unit.
What is the rent for unit 5001?
AED 178,500 a year on the contract renewed on 7 February 2023. The previous contract, from February 2022, was AED 170,000; the unit has been rented since September 2018.
How big is unit 5001?
1,338 sqft (124.3 sqm): a three-bedroom apartment on the 50th floor of a 84-storey tower completed in 2018.
What is unit 5001 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 5001, Damac Heights
Starts from the last sale price (AED 5.81M, 23 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 5,814,000
- Deposit, UAE resident (20%)
- AED 1,162,800
- Deposit, non-resident (40%)
- AED 2,325,600
- Monthly over 25 years at 3.7%
- AED 23,787
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →