1-bed · 950 sqftDamac Heights, Dubai Marina · 50th floor · completed 2018

5007, Damac Heights

Sold prices and rental history: sold once, by the developer in September 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5007 · DLD and Ejari recordsUpdated 22 September 2015
Last soldAED 2.27M22 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5007, Damac Heights

What is 5007 worth today?

Last sold for AED 2,274,700 in 2015

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22 Sep 2015Sold by developerOff-plan
AED 2,274,700AED 2,393 per sqft

Source: Dubai Land Department. Updated 22 September 2015.

Key facts

Type
1-bed apartment
Size
950 sqft
Floor
50th of 84
Parking
P4-49
Developer
DAMAC
Completed
2018
Service charge
AED 15,400 /yr
Last sold
AED 2.27M · September 2015

About 5007, Damac Heights

5007 is a one-bedroom apartment of 950 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 22 September 2015 for AED 2,274,700, or AED 2,393 per sqft, 4% below the AED 2,486 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5007 over time

Sales
Unit 5007, 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, September 2015: AED 2,274,700 (AED 2,393 per sqft)

5007 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5007, 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 110,000

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 5007 sits

All 285 1-beds →

5007 last sold in September 2015 at AED 2,393 per sqft, 4% below what one-beds in Damac Heights were fetching at the time (AED 2,486). 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.

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 50th floor

All 641 units in Damac Heights
Value
50013-bedAED 5.81M · Apr 2015
50021-bedAED 2.05M · Jan 2025
50032-bedAED 4.2M · Jun 2015
50043-bedAED 5.34M · Sep 2015
50051-bedAED 2.06M · Mar 2017
50063-bedAED 4.3M · Feb 2025
50081-bedAED 2.26M · Mar 2015
1–7 of 8

5007, Damac Heights in numbers

  • Sold once: by DAMAC on 22 September 2015 for AED 2,274,700, or AED 2,393 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 22 September 2015.

Questions about 5007, Damac Heights

What did unit 5007 last sell for?

AED 2,274,700 on 22 September 2015, sold by the developer: AED 2,393 per sqft for 950 sqft. It is the only registered sale of the unit.

How big is unit 5007?

950 sqft (88.3 sqm): a one-bedroom apartment on the 50th floor of a 84-storey tower completed in 2018.

What is unit 5007 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 5007, Damac Heights

Starts from the last sale price (AED 2.27M, 22 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,274,700
Deposit, UAE resident (20%)
AED 454,940
Deposit, non-resident (40%)
AED 909,880
Monthly over 25 years at 3.7%
AED 9,307

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