5502, Damac Heights
Sold prices and rental history: sold once, by the developer in May 2014, 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 5502, Damac Heights
What is 5502 worth today?
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Source: Dubai Land Department. Updated 25 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 865 sqft
- Floor
- 55th of 84
- Parking
- P3-09
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 14,000 /yr
- Last sold
- AED 2.1M · May 2014
- Building
- Damac Heights
About 5502, Damac Heights
5502 is a one-bedroom apartment of 865 sqft on the 55th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 14 May 2014 for AED 2,104,800, or AED 2,432 per sqft, 5% above the AED 2,320 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, renewed on 25 August 2026, is AED 120,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 14,000 a year.
Sales and rents for 5502 over time
5502 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 5502 sits
All 285 1-beds →5502 last sold in May 2014 at AED 2,432 per sqft, 5% 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. 5502's AED 120,000 is in the upper 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 55th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 3-bed | 1,824 sqft | AED 5.92MAED 5,923,250 · May 2014May 2014 | 215,000 /yr | |
| 5503 | 2-bed | 1,670 sqft | AED 3.46MAED 3,464,000 · May 2018May 2018 | 160,000 /yr | |
| 5504 | 3-bed | 1,849 sqft | AED 2.8MAED 2,800,000 · Nov 2022November 2022 | 200,000 /yr | |
| 5505 | 1-bed | 982 sqft | AED 2.1MAED 2,100,000 · Oct 2024October 2024 | 86,494 /yr | |
| 5506 | 3-bed | 2,155 sqft | AED 4.3MAED 4,300,000 · Dec 2024December 2024 | 245,000 /yr | |
| 5507 | 1-bed | 955 sqft | AED 2.09MAED 2,085,300 · Dec 2016December 2016 | 105,000 /yr | |
| 5508 | 1-bed | 957 sqft | AED 1.86MAED 1,855,000 · Mar 2024March 2024 | 96,000 /yr | |
| 5509 | 2-bed | 1,361 sqft | AED 3.13MAED 3,130,000 · Dec 2017December 2017 | 180,000 /yr |
5502, Damac Heights in numbers
- Sold once: by DAMAC on 14 May 2014 for AED 2,104,800, or AED 2,432 per sqft.
- Rented since September 2018 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 80,000 in 2022 and recovered to AED 120,000 by August 2026.
- At AED 120,000 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 14,000 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 25 August 2026.
Questions about 5502, Damac Heights
What did unit 5502 last sell for?
AED 2,104,800 on 14 May 2014, sold by the developer: AED 2,432 per sqft for 865 sqft. It is the only registered sale of the unit.
What is the rent for unit 5502?
AED 120,000 a year on the contract renewed on 25 August 2026. The previous contract, from August 2025, was AED 120,000; the unit has been rented since September 2018.
How big is unit 5502?
865 sqft (80.4 sqm): a one-bedroom apartment on the 55th floor of a 84-storey tower completed in 2018.
What is unit 5502 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 5502, Damac Heights
Starts from the last sale price (AED 2.1M, 14 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,104,800
- Deposit, UAE resident (20%)
- AED 420,960
- Deposit, non-resident (40%)
- AED 841,920
- Monthly over 25 years at 3.7%
- AED 8,611
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →