2-bed · 1,349 sqftDamac Heights, Dubai Marina · 53rd floor · completed 2018

5309, Damac Heights

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5309 · DLD and Ejari recordsUpdated 4 November 2026
Last soldAED 3.82M15 June 2016
Current rentAED 160K /yr4 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5309, Damac Heights

What is 5309 worth today?

Last sold for AED 3,823,200 in 2016

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4 Nov 2026RentedRenewal
AED 160,000/yr12 months · AED 116 per sqft
4 Nov 2025RentedNew contract
AED 160,000/yr12 months · AED 116 per sqft
15 Aug 2024RentedNew contract
AED 180,000/yr12 months · AED 131 per sqft
15 Aug 2024RentedNew contract
AED 180,000/yr12 months · AED 131 per sqft
15 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 76 per sqft
15 Oct 2021RentedRenewal
AED 105,000/yr12 months · AED 76 per sqft
15 Oct 2020RentedNew contract
AED 105,000/yr12 months · AED 76 per sqft
12 Dec 2018RentedNew contract
AED 134,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 4 November 2026.

Key facts

Type
2-bed apartment
Size
1,349 sqft
Floor
53rd of 84
Parking
P4-78
Developer
DAMAC
Completed
2018
Service charge
AED 21,800 /yr
Last sold
AED 3.82M · June 2016

About 5309, Damac Heights

5309 is a two-bedroom apartment of 1,349 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 15 June 2016 for AED 3,823,200, or AED 2,833 per sqft, 7% above the AED 2,651 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 4 November 2026, is AED 160,000 a year: a gross yield of 4.2% on the 2016 price, before the service charge of about AED 21,800 a year.

Sales and rents for 5309 over time

Sales
Unit 5309, each saleTypical two-bed in Damac Heights
2M3M4M2009201420192024Typical sale price by year: 2009 AED 3,238,250; 2011 AED 1,937,100; 2012 AED 2,335,300; 2013 AED 3,447,450; 2014 AED 3,887,950; 2015 AED 3,500,000; 2016 AED 3,601,014; 2017 AED 2,927,386; 2018 AED 3,231,500; 2019 AED 2,704,000; 2020 AED 2,170,000; 2021 AED 2,249,700; 2022 AED 2,367,602; 2023 AED 2,600,000; 2024 AED 2,825,000; 2025 AED 2,825,000; 2026 AED 2,950,000Sold by developer, June 2016: AED 3,823,200 (AED 2,833 per sqft)

5309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5309, each contractTypical two-bed in Damac Heights
100K150K2018202120242027Typical rent by year: 2018 AED 137,000; 2019 AED 132,500; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 140,000; 2023 AED 170,000; 2024 AED 177,989; 2025 AED 178,000; 2026 AED 167,500New contract, December 2018: AED 134,000 a yearNew contract, October 2020: AED 105,000 a yearRenewal, October 2021: AED 105,000 a yearRenewal, October 2022: AED 105,000 a yearNew contract, August 2024: AED 180,000 a yearNew contract, August 2024: AED 180,000 a yearNew contract, November 2025: AED 160,000 a yearRenewal, November 2026: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Damac Heights, and where 5309 sits

All 255 2-beds →

5309 last sold in June 2016 at AED 2,833 per sqft, 7% above what two-beds in Damac Heights were fetching at the time (AED 2,651). Over the last 12 months two-beds sold for AED 1,437,480 to 3,335,000, around AED 2,012 per sqft, and rent for AED 94,745 to 395,000 a year. 5309's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 20262,852,887
30 Jul 20262,700,000
24 Jul 20263,100,000
7 Jul 20263,125,000
16 2-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 53rd floor

All 641 units in Damac Heights
Value
53013-bedAED 2.71M · Nov 2020
53021-bedAED 2.19M · Jun 2015
53032-bedAED 3.92M · Aug 2022
53043-bedAED 2.41M · Jun 2021
53051-bedAED 2.05M · Nov 2023
53063-bedAED 4.5M · Feb 2025
53071-bedAED 2.08M · Dec 2016
1–7 of 8

5309, Damac Heights in numbers

  • Sold once: by DAMAC on 15 June 2016 for AED 3,823,200, or AED 2,833 per sqft.
  • Rented since December 2018 on 8 Ejari contracts. The rent fell from AED 134,000 to AED 105,000 in 2022 and recovered to AED 160,000 by November 2026.
  • At AED 160,000 a year the gross yield on the 2016 price is 4.2%, before a service charge of about AED 21,800 a year (AED 16.18 per sqft).
  • Two-beds in Damac Heights sold for AED 1,437,480–3,335,000 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 4 November 2026.

Questions about 5309, Damac Heights

What did unit 5309 last sell for?

AED 3,823,200 on 15 June 2016, sold by the developer: AED 2,833 per sqft for 1,349 sqft. It is the only registered sale of the unit.

What is the rent for unit 5309?

AED 160,000 a year on the contract renewed on 4 November 2026. The previous contract, from November 2025, was AED 160,000; the unit has been rented since December 2018.

How big is unit 5309?

1,349 sqft (125.3 sqm): a two-bedroom apartment on the 53rd floor of a 84-storey tower completed in 2018.

What is unit 5309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Damac Heights sold for AED 1,437,480 to 3,335,000 in the last 12 months, around AED 2,012 per sqft.

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Mortgage on 5309, Damac Heights

Starts from the last sale price (AED 3.82M, 15 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,823,200
Deposit, UAE resident (20%)
AED 764,640
Deposit, non-resident (40%)
AED 1,529,280
Monthly over 25 years at 3.7%
AED 15,642

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