3-bed · 2,215 sqftDamac Heights, Dubai Marina · 51st floor · completed 2018

5106, Damac Heights

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5106 · DLD and Ejari recordsUpdated 13 November 2023
Last soldAED 4.7M13 November 2023
Current rentAED 325K /yr10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5106, Damac Heights

What is 5106 worth today?

Last sold for AED 4,700,000 in 2023

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13 Nov 2023SoldReady
AED 4,700,000AED 2,121 per sqft
10 Jul 2023RentedRenewal
AED 325,000/yr12 months · AED 147 per sqft
26 Jun 2022RentedNew contract
AED 285,000/yr12 months · AED 129 per sqft
16 May 2021RentedNew contract
AED 205,000/yr12 months · AED 93 per sqft
15 May 2020RentedNew contract
AED 210,000/yr12 months · AED 95 per sqft
27 Feb 2020Sold by developerReady
AED 3,230,000AED 1,458 per sqft

Source: Dubai Land Department. Updated 13 November 2023.

Key facts

Type
3-bed apartment
Size
2,215 sqft
Floor
51st of 84
Parking
P4-56
Developer
DAMAC
Completed
2018
Service charge
AED 35,800 /yr
Last sold
AED 4.7M · November 2023

About 5106, Damac Heights

5106 is a three-bedroom apartment of 2,215 sqft on the 51st floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 13 November 2023 for AED 4,700,000, or AED 2,121 per sqft, 24% above the AED 1,714 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 10 July 2023, is AED 325,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 35,800 a year.

Sales and rents for 5106 over time

Sales
Unit 5106, each saleTypical three-bed in Damac Heights
2M4M6M2013201720212025Typical sale price by year: 2013 AED 4,900,025; 2014 AED 6,334,750; 2015 AED 5,707,000; 2017 AED 3,875,938; 2018 AED 4,794,500; 2019 AED 4,256,000; 2020 AED 3,108,680; 2021 AED 2,482,715; 2022 AED 3,133,000; 2023 AED 3,050,000; 2024 AED 3,650,000; 2025 AED 3,925,175; 2026 AED 3,700,000Sold by developer, February 2020: AED 3,230,000 (AED 1,458 per sqft)Sold, November 2023: AED 4,700,000 (AED 2,121 per sqft)

5106 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5106, each contractTypical three-bed in Damac Heights
200K300K2018202120242027Typical rent by year: 2018 AED 180,000; 2019 AED 180,000; 2020 AED 145,000; 2021 AED 152,500; 2022 AED 170,000; 2023 AED 211,435; 2024 AED 230,000; 2025 AED 238,000; 2026 AED 220,000New contract, May 2020: AED 210,000 a yearNew contract, May 2021: AED 205,000 a yearNew contract, June 2022: AED 285,000 a yearRenewal, July 2023: AED 325,000 a year

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 5106 sits

All 90 3-beds →

5106 last sold in November 2023 at AED 2,121 per sqft, 24% above what three-beds in Damac Heights were fetching at the time (AED 1,714). 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. 5106's AED 325,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Oct 20262,200,000
18 Sep 20263,750,000
17 Sep 20263,650,000
10 Aug 20264,501,860
10 3-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 51st floor

All 641 units in Damac Heights
Value
51013-bedAED 5.33M · Feb 2017
51021-bedAED 2.16M · Apr 2014
51032-bedAED 3.51M · Jan 2018
51043-bedAED 4.5M · Aug 2026
51051-bedAED 2.37M · Oct 2016
51071-bedAED 2.17M · Jun 2016
51081-bedAED 1.7M · Nov 2019
1–7 of 8

5106, Damac Heights in numbers

  • Sold twice: first on 27 February 2020 for AED 3,230,000, last on 13 November 2023 for AED 4,700,000 (AED 2,121 per sqft).
  • Rented since May 2020 on 4 Ejari contracts, from AED 210,000 to AED 325,000 a year.
  • At AED 325,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 35,800 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 13 November 2023.

Questions about 5106, Damac Heights

What did unit 5106 last sell for?

AED 4,700,000 on 13 November 2023: AED 2,121 per sqft for 2,215 sqft. The unit has 2 registered sales; the first was AED 3,230,000 in February 2020.

What is the rent for unit 5106?

AED 325,000 a year on the contract renewed on 10 July 2023. The previous contract, from June 2022, was AED 285,000; the unit has been rented since May 2020.

How big is unit 5106?

2,215 sqft (205.8 sqm): a three-bedroom apartment on the 51st floor of a 84-storey tower completed in 2018.

What is unit 5106 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 5106, Damac Heights

Starts from the last sale price (AED 4.7M, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

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