1-bed · 950 sqftDamac Heights, Dubai Marina · 54th floor · completed 2018

5407, Damac Heights

Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5407 · DLD and Ejari recordsUpdated 30 September 2026
Last soldAED 2.37M24 July 2014
Current rentAED 148K /yr30 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5407, Damac Heights

What is 5407 worth today?

Last sold for AED 2,374,600 in 2014

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30 Sep 2026RentedRenewal
AED 147,500/yr12 months · AED 155 per sqft
30 Sep 2025RentedRenewal
AED 147,500/yr12 months · AED 155 per sqft
30 Sep 2023RentedNew contract
AED 147,500/yr24 months · AED 155 per sqft
1 Jun 2022RentedNew contract
AED 90,000/yr12 months · AED 95 per sqft
20 May 2021RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
5 Jun 2019RentedNew contract
AED 95,000/yr12 months · AED 100 per sqft
24 Jul 2014Sold by developerOff-plan
AED 2,374,600AED 2,498 per sqft

Source: Dubai Land Department. Updated 30 September 2026.

Key facts

Type
1-bed apartment
Size
950 sqft
Floor
54th of 84
Parking
P3-06
Developer
DAMAC
Completed
2018
Service charge
AED 15,400 /yr
Last sold
AED 2.37M · July 2014

About 5407, Damac Heights

5407 is a one-bedroom apartment of 950 sqft on the 54th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 24 July 2014 for AED 2,374,600, or AED 2,498 per sqft, 8% above the AED 2,320 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 30 September 2026, is AED 147,500 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 15,400 a year.

Sales and rents for 5407 over time

Sales
Unit 5407, 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, July 2014: AED 2,374,600 (AED 2,498 per sqft)

5407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5407, each contractTypical one-bed in Damac Heights
100K150K2018202120242027Typical 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 110,000New contract, June 2019: AED 95,000 a yearNew contract, May 2021: AED 80,000 a yearNew contract, June 2022: AED 90,000 a yearNew contract, September 2023: AED 147,500 a yearRenewal, September 2025: AED 147,500 a yearRenewal, September 2026: AED 147,500 a year

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 5407 sits

All 285 1-beds →

5407 last sold in July 2014 at AED 2,498 per sqft, 8% above what one-beds in Damac Heights were fetching at the time (AED 2,320). 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. 5407's AED 147,500 is in the upper half of that range.

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 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
54043-bedAED 3.65M · Dec 2024
54051-bedAED 2.29M · Aug 2016
54063-bedAED 4M · Nov 2023
54081-bedAED 2.2M · May 2023
1–7 of 8

5407, Damac Heights in numbers

  • Sold once: by DAMAC on 24 July 2014 for AED 2,374,600, or AED 2,498 per sqft.
  • Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2021 and recovered to AED 147,500 by September 2026.
  • At AED 147,500 a year the gross yield on the 2014 price is 6.2%, 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 30 September 2026.

Questions about 5407, Damac Heights

What did unit 5407 last sell for?

AED 2,374,600 on 24 July 2014, sold by the developer: AED 2,498 per sqft for 950 sqft. It is the only registered sale of the unit.

What is the rent for unit 5407?

AED 147,500 a year on the contract renewed on 30 September 2026. The previous contract, from September 2025, was AED 147,500; the unit has been rented since June 2019.

How big is unit 5407?

950 sqft (88.3 sqm): a one-bedroom apartment on the 54th floor of a 84-storey tower completed in 2018.

What is unit 5407 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 5407, Damac Heights

Starts from the last sale price (AED 2.37M, 24 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,374,600
Deposit, UAE resident (20%)
AED 474,920
Deposit, non-resident (40%)
AED 949,840
Monthly over 25 years at 3.7%
AED 9,715

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