1-bed · 954 sqftDamac Heights, Dubai Marina · 50th floor · completed 2018

5008, Damac Heights

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

Unit 5008 · DLD and Ejari recordsUpdated 11 March 2015
Last soldAED 2.26M11 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5008, Damac Heights

What is 5008 worth today?

Last sold for AED 2,258,600 in 2015

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11 Mar 2015Sold by developerOff-plan
AED 2,258,600AED 2,368 per sqft

Source: Dubai Land Department. Updated 11 March 2015.

Key facts

Type
1-bed apartment
Size
954 sqft
Floor
50th of 84
Parking
P4-50
Developer
DAMAC
Completed
2018
Service charge
AED 15,400 /yr
Last sold
AED 2.26M · March 2015

About 5008, Damac Heights

5008 is a one-bedroom apartment of 954 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 11 March 2015 for AED 2,258,600, or AED 2,368 per sqft, in line with the AED 2,351 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5008 over time

Sales
Unit 5008, 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, March 2015: AED 2,258,600 (AED 2,368 per sqft)

5008 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5008, 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 5008 sits

All 285 1-beds →

5008 last sold in March 2015 at AED 2,368 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 2,351). 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
50071-bedAED 2.27M · Sep 2015
1–7 of 8

5008, Damac Heights in numbers

  • Sold once: by DAMAC on 11 March 2015 for AED 2,258,600, or AED 2,368 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 11 March 2015.

Questions about 5008, Damac Heights

What did unit 5008 last sell for?

AED 2,258,600 on 11 March 2015, sold by the developer: AED 2,368 per sqft for 954 sqft. It is the only registered sale of the unit.

How big is unit 5008?

954 sqft (88.6 sqm): a one-bedroom apartment on the 50th floor of a 84-storey tower completed in 2018.

What is unit 5008 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 5008, Damac Heights

Starts from the last sale price (AED 2.26M, 11 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,258,600
Deposit, UAE resident (20%)
AED 451,720
Deposit, non-resident (40%)
AED 903,440
Monthly over 25 years at 3.7%
AED 9,241

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