5503, Damac Heights
Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5503, Damac Heights
What is 5503 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,670 sqft
- Floor
- 55th of 84
- Parking
- P3-10
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 27,000 /yr
- Last sold
- AED 3.46M · May 2018
- Building
- Damac Heights
About 5503, Damac Heights
5503 is a two-bedroom apartment of 1,670 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 6 May 2018 for AED 3,464,000, or AED 2,074 per sqft, 3% above the AED 2,010 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 15 September 2026, is AED 160,000 a year: a gross yield of 4.6% on the 2018 price, before the service charge of about AED 27,000 a year.
Sales and rents for 5503 over time
5503 has sold once; the dashed line is the two-bed median of each year in the building.
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 5503 sits
All 255 2-beds →5503 last sold in May 2018 at AED 2,074 per sqft, 3% above what two-beds in Damac Heights were fetching at the time (AED 2,010). 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. 5503's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,723 sqft | 2,852,887 | 1,656 | ||
| 30 Jul 202630 July 2026 | 1,425 sqft | 2,700,000 | 1,894 | ||
| 24 Jul 202624 July 2026 | 1,505 sqft | 3,100,000 | 2,059 | ||
| 7 Jul 20267 July 2026 | 1,471 sqft | 3,125,000 | 2,124 |
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 | |
| 5502 | 1-bed | 865 sqft | AED 2.1MAED 2,104,800 · May 2014May 2014 | 120,000 /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 |
5503, Damac Heights in numbers
- Sold once: by DAMAC on 6 May 2018 for AED 3,464,000, or AED 2,074 per sqft.
- Rented since September 2019 on 8 Ejari contracts, from AED 130,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2018 price is 4.6%, before a service charge of about AED 27,000 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 15 September 2026.
Questions about 5503, Damac Heights
What did unit 5503 last sell for?
AED 3,464,000 on 6 May 2018, sold by the developer: AED 2,074 per sqft for 1,670 sqft. It is the only registered sale of the unit.
What is the rent for unit 5503?
AED 160,000 a year on the contract signed on 15 September 2026. The previous contract, from January 2026, was AED 170,000; the unit has been rented since September 2019.
How big is unit 5503?
1,670 sqft (155.1 sqm): a two-bedroom apartment on the 55th floor of a 84-storey tower completed in 2018.
What is unit 5503 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 5503, Damac Heights
Starts from the last sale price (AED 3.46M, 6 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 3,464,000
- Deposit, UAE resident (20%)
- AED 692,800
- Deposit, non-resident (40%)
- AED 1,385,600
- Monthly over 25 years at 3.7%
- AED 14,172
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →