3-bed · 1,849 sqftDamac Heights, Dubai Marina · 55th floor · completed 2018

5504, Damac Heights

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5504 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 2.8M9 November 2022
Current rentAED 200K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5504, Damac Heights

What is 5504 worth today?

Last sold for AED 2,800,000 in 2022

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15 Dec 2025RentedNew contract
AED 200,000/yr12 months · AED 108 per sqft
10 Sep 2024RentedRenewal
AED 230,000/yr12 months · AED 125 per sqft
10 Sep 2024RentedRenewal
AED 230,000/yr12 months · AED 125 per sqft
10 Sep 2023RentedNew contract
AED 230,000/yr12 months · AED 124 per sqft
1 Dec 2022RentedNew contract
AED 220,000/yr12 months · AED 120 per sqft
9 Nov 2022SoldReady
AED 2,800,000AED 1,514 per sqft
20 Jan 2022RentedRenewal
AED 170,000/yr6 months · AED 92 per sqft
20 Jan 2021RentedRenewal
AED 165,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
3-bed apartment
Size
1,849 sqft
Floor
55th of 84
Parking
P3-11
Developer
DAMAC
Completed
2018
Service charge
AED 29,900 /yr
Last sold
AED 2.8M · November 2022

About 5504, Damac Heights

5504 is a three-bedroom apartment of 1,849 sqft on the 55th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 9 November 2022 for AED 2,800,000, or AED 1,514 per sqft, in line with the AED 1,496 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 15 December 2025, is AED 200,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 29,900 a year.

Sales and rents for 5504 over time

Sales
Unit 5504, 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 2017: AED 3,813,000 (AED 2,062 per sqft)Sold, November 2022: AED 2,800,000 (AED 1,514 per sqft)

5504 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5504, 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, January 2019: AED 180,000 a yearRenewal, January 2020: AED 170,000 a yearRenewal, January 2021: AED 165,000 a yearRenewal, January 2022: AED 170,000 a yearNew contract, December 2022: AED 220,000 a yearNew contract, September 2023: AED 230,000 a yearRenewal, September 2024: AED 230,000 a yearRenewal, September 2024: AED 230,000 a yearNew contract, December 2025: AED 200,000 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 5504 sits

All 90 3-beds →

5504 last sold in November 2022 at AED 1,514 per sqft, in line with what three-beds in Damac Heights were fetching at the time (AED 1,496). 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. 5504's AED 200,000 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 55th floor

All 641 units in Damac Heights
Value
55013-bedAED 5.92M · May 2014
55021-bedAED 2.1M · May 2014
55032-bedAED 3.46M · May 2018
55051-bedAED 2.1M · Oct 2024
55063-bedAED 4.3M · Dec 2024
55071-bedAED 2.09M · Dec 2016
55081-bedAED 1.86M · Mar 2024
1–7 of 8

5504, Damac Heights in numbers

  • Sold twice: first on 21 December 2017 for AED 3,813,000, last on 9 November 2022 for AED 2,800,000 (AED 1,514 per sqft).
  • Rented since January 2019 on 9 Ejari contracts, from AED 180,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 29,900 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 15 December 2025.

Questions about 5504, Damac Heights

What did unit 5504 last sell for?

AED 2,800,000 on 9 November 2022: AED 1,514 per sqft for 1,849 sqft. The unit has 2 registered sales; the first was AED 3,813,000 in December 2017.

What is the rent for unit 5504?

AED 200,000 a year on the contract signed on 15 December 2025. The previous contract, from September 2024, was AED 230,000; the unit has been rented since January 2019.

How big is unit 5504?

1,849 sqft (171.8 sqm): a three-bedroom apartment on the 55th floor of a 84-storey tower completed in 2018.

What is unit 5504 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 5504, Damac Heights

Starts from the last sale price (AED 2.8M, 9 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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