5308, Damac Heights
Sold prices and rental history: sold once, by the developer in April 2016, 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 5308, Damac Heights
What is 5308 worth today?
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Source: Dubai Land Department. Updated 8 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 954 sqft
- Floor
- 53rd of 84
- Parking
- P4-77
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 15,400 /yr
- Last sold
- AED 2.19M · April 2016
- Building
- Damac Heights
About 5308, Damac Heights
5308 is a one-bedroom apartment of 954 sqft on the 53rd floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 11 April 2016 for AED 2,191,200, or AED 2,297 per sqft, 5% below the AED 2,411 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 8 September 2026, is AED 105,000 a year: a gross yield of 4.8% on the 2016 price, before the service charge of about AED 15,400 a year.
Sales and rents for 5308 over time
5308 has sold once; the dashed line is the one-bed median of each year in the building.
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 5308 sits
All 285 1-beds →5308 last sold in April 2016 at AED 2,297 per sqft, 5% below what one-beds in Damac Heights were fetching at the time (AED 2,411). 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. 5308's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 880 sqft | 2,005,000 | 2,277 | ||
| 22 May 202622 May 2026 | 890 sqft | 1,850,000 | 2,079 | ||
| 1 May 20261 May 2026 | 848 sqft | 1,515,000 | 1,787 | ||
| 22 Apr 202622 April 2026 | 951 sqft | 2,275,000 | 2,392 |
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 53rd floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5301 | 3-bed | 1,860 sqft | AED 2.71MAED 2,706,750 · Nov 2020November 2020 | 220,000 /yr | |
| 5302 | 1-bed | 881 sqft | AED 2.19MAED 2,190,290 · Jun 2015June 2015 | 140,000 /yr | |
| 5303 | 2-bed | 1,707 sqft | AED 3.92MAED 3,921,000 · Aug 2022August 2022 | ||
| 5304 | 3-bed | 1,880 sqft | AED 2.41MAED 2,405,600 · Jun 2021June 2021 | 165,000 /yr | |
| 5305 | 1-bed | 1,004 sqft | AED 2.05MAED 2,050,000 · Nov 2023November 2023 | 73,500 /yr | |
| 5306 | 3-bed | 2,184 sqft | AED 4.5MAED 4,500,000 · Feb 2025February 2025 | 300,000 /yr | |
| 5307 | 1-bed | 950 sqft | AED 2.08MAED 2,077,000 · Dec 2016December 2016 | 115,000 /yr | |
| 5309 | 2-bed | 1,349 sqft | AED 3.82MAED 3,823,200 · Jun 2016June 2016 | 160,000 /yr |
5308, Damac Heights in numbers
- Sold once: by DAMAC on 11 April 2016 for AED 2,191,200, or AED 2,297 per sqft.
- Rented since September 2018 on 4 Ejari contracts, from AED 125,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2016 price is 4.8%, 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 8 September 2026.
Questions about 5308, Damac Heights
What did unit 5308 last sell for?
AED 2,191,200 on 11 April 2016, sold by the developer: AED 2,297 per sqft for 954 sqft. It is the only registered sale of the unit.
What is the rent for unit 5308?
AED 105,000 a year on the contract signed on 8 September 2026. The previous contract, from September 2020, was AED 110,000; the unit has been rented since September 2018.
How big is unit 5308?
954 sqft (88.6 sqm): a one-bedroom apartment on the 53rd floor of a 84-storey tower completed in 2018.
What is unit 5308 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 5308, Damac Heights
Starts from the last sale price (AED 2.19M, 11 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,191,200
- Deposit, UAE resident (20%)
- AED 438,240
- Deposit, non-resident (40%)
- AED 876,480
- Monthly over 25 years at 3.7%
- AED 8,965
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →