3-bed · 1,870 sqftDamac Heights, Dubai Marina · 54th floor · completed 2018

5404, Damac Heights

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5404 · DLD and Ejari recordsUpdated 6 December 2024
Last soldAED 3.65M6 December 2024
Current rentAED 160K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5404, Damac Heights

What is 5404 worth today?

Last sold for AED 3,650,000 in 2024

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6 Dec 2024SoldReady
AED 3,650,000AED 1,952 per sqft
1 Sep 2023RentedRenewal
AED 160,000/yr12 months · AED 85 per sqft
1 Sep 2022RentedRenewal
AED 145,000/yr12 months · AED 77 per sqft
1 Sep 2021RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
1 Sep 2020RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
1 Sep 2019RentedNew contract
AED 150,000/yr12 months · AED 80 per sqft
14 Dec 2016Sold by developerOff-plan
AED 4,411,400AED 4,789 per sqft

Source: Dubai Land Department. Updated 6 December 2024.

Key facts

Type
3-bed apartment
Size
1,870 sqft
Floor
54th of 84
Parking
P3-03
Developer
DAMAC
Completed
2018
Service charge
AED 30,300 /yr
Last sold
AED 3.65M · December 2024

About 5404, Damac Heights

5404 is a three-bedroom apartment of 1,870 sqft on the 54th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 6 December 2024 for AED 3,650,000, or AED 1,952 per sqft, in line with the AED 1,937 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 160,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 30,300 a year.

Sales and rents for 5404 over time

Sales
Unit 5404, 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, December 2016: AED 4,411,400 (AED 4,789 per sqft)Sold, December 2024: AED 3,650,000 (AED 1,952 per sqft)

5404 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5404, each contractTypical three-bed in Damac Heights
150K200K250K2018202120242027Typical 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, September 2019: AED 150,000 a yearRenewal, September 2020: AED 130,000 a yearRenewal, September 2021: AED 130,000 a yearRenewal, September 2022: AED 145,000 a yearRenewal, September 2023: AED 160,000 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 5404 sits

All 90 3-beds →

5404 last sold in December 2024 at AED 1,952 per sqft, in line with what three-beds in Damac Heights were fetching at the time (AED 1,937). 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. 5404's AED 160,000 is in the lower 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 54th floor

All 641 units in Damac Heights
Value
54013-bedAED 3.2M · Mar 2025
54021-bedAED 2.16M · May 2014
54032-bedAED 3.56M · Dec 2017
54051-bedAED 2.29M · Aug 2016
54063-bedAED 4M · Nov 2023
54071-bedAED 2.37M · Jul 2014
54081-bedAED 2.2M · May 2023
1–7 of 8

5404, Damac Heights in numbers

  • Sold twice: first on 14 December 2016 for AED 4,411,400, last on 6 December 2024 for AED 3,650,000 (AED 1,952 per sqft).
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 150,000 to AED 130,000 in 2021 and recovered to AED 160,000 by September 2023.
  • At AED 160,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 30,300 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 6 December 2024.

Questions about 5404, Damac Heights

What did unit 5404 last sell for?

AED 3,650,000 on 6 December 2024: AED 1,952 per sqft for 1,870 sqft. The unit has 2 registered sales; the first was AED 4,411,400 in December 2016.

What is the rent for unit 5404?

AED 160,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 145,000; the unit has been rented since September 2019.

How big is unit 5404?

1,870 sqft (173.7 sqm): a three-bedroom apartment on the 54th floor of a 84-storey tower completed in 2018.

What is unit 5404 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 5404, Damac Heights

Starts from the last sale price (AED 3.65M, 6 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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