1-bed · 954 sqftDamac Heights, Dubai Marina · 54th floor · completed 2018

5408, Damac Heights

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5408 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 2.2M23 May 2023
Current rentAED 105K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5408, Damac Heights

What is 5408 worth today?

Last sold for AED 2,200,000 in 2023

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10 Aug 2026RentedNew contract
AED 105,000/yr12 months · AED 110 per sqft
16 Jan 2026RentedRenewal
AED 117,300/yr12 months · AED 123 per sqft
16 Jan 2025RentedNew contract
AED 115,000/yr12 months · AED 121 per sqft
7 Jan 2024RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
7 Jan 2024RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
23 May 2023SoldReady
AED 2,200,000AED 2,307 per sqft
26 Oct 2021RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
25 Sep 2019RentedNew contract
AED 86,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
1-bed apartment
Size
954 sqft
Floor
54th of 84
Parking
P3-07
Developer
DAMAC
Completed
2018
Service charge
AED 15,400 /yr
Last sold
AED 2.2M · May 2023

About 5408, Damac Heights

5408 is a one-bedroom apartment of 954 sqft on the 54th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 23 May 2023 for AED 2,200,000, or AED 2,307 per sqft, 28% above the AED 1,804 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 10 August 2026, is AED 105,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 15,400 a year.

Sales and rents for 5408 over time

Sales
Unit 5408, 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, February 2018: AED 2,120,000 (AED 2,223 per sqft)Sold, May 2023: AED 2,200,000 (AED 2,307 per sqft)

5408 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5408, each contractTypical one-bed in Damac Heights
75K100K125K2018202120242027Typical 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, September 2019: AED 86,000 a yearNew contract, October 2021: AED 85,000 a yearNew contract, January 2024: AED 120,000 a yearNew contract, January 2024: AED 120,000 a yearNew contract, January 2025: AED 115,000 a yearRenewal, January 2026: AED 117,300 a yearNew contract, August 2026: AED 105,000 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 5408 sits

All 285 1-beds →

5408 last sold in May 2023 at AED 2,307 per sqft, 28% above what one-beds in Damac Heights were fetching at the time (AED 1,804). 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. 5408's AED 105,000 is in the lower 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
54071-bedAED 2.37M · Jul 2014
1–7 of 8

5408, Damac Heights in numbers

  • Sold twice: first on 20 February 2018 for AED 2,120,000, last on 23 May 2023 for AED 2,200,000 (AED 2,307 per sqft).
  • Rented since September 2019 on 7 Ejari contracts, from AED 86,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 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 10 August 2026.

Questions about 5408, Damac Heights

What did unit 5408 last sell for?

AED 2,200,000 on 23 May 2023: AED 2,307 per sqft for 954 sqft. The unit has 2 registered sales; the first was AED 2,120,000 in February 2018.

What is the rent for unit 5408?

AED 105,000 a year on the contract signed on 10 August 2026. The previous contract, from January 2026, was AED 117,300; the unit has been rented since September 2019.

How big is unit 5408?

954 sqft (88.6 sqm): a one-bedroom apartment on the 54th floor of a 84-storey tower completed in 2018.

What is unit 5408 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 5408, Damac Heights

Starts from the last sale price (AED 2.2M, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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