5507, Damac Heights
Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5507, Damac Heights
What is 5507 worth today?
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Source: Dubai Land Department. Updated 22 September 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 955 sqft
- Floor
- 55th of 84
- Parking
- P3-13
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 15,400 /yr
- Last sold
- AED 2.09M · December 2016
- Building
- Damac Heights
About 5507, Damac Heights
5507 is a one-bedroom apartment of 955 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 December 2016 for AED 2,085,300, or AED 2,183 per sqft, in line with the AED 2,238 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 22 September 2021, is AED 105,000 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 15,400 a year.
Sales and rents for 5507 over time
5507 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 5507 sits
All 285 1-beds →5507 last sold in December 2016 at AED 2,183 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 2,238). 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. 5507's AED 105,000 is in the lower 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 | |
| 5502 | 1-bed | 865 sqft | AED 2.1MAED 2,104,800 · May 2014May 2014 | 120,000 /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 | |
| 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 |
5507, Damac Heights in numbers
- Sold once: by DAMAC on 14 December 2016 for AED 2,085,300, or AED 2,183 per sqft.
- Rented since August 2019 on 3 Ejari contracts, from AED 95,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2016 price is 5.0%, 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 22 September 2021.
Questions about 5507, Damac Heights
What did unit 5507 last sell for?
AED 2,085,300 on 14 December 2016, sold by the developer: AED 2,183 per sqft for 955 sqft. It is the only registered sale of the unit.
What is the rent for unit 5507?
AED 105,000 a year on the contract signed on 22 September 2021. The previous contract, from August 2020, was AED 95,000; the unit has been rented since August 2019.
How big is unit 5507?
955 sqft (88.7 sqm): a one-bedroom apartment on the 55th floor of a 84-storey tower completed in 2018.
What is unit 5507 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 5507, Damac Heights
Starts from the last sale price (AED 2.09M, 14 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,085,300
- Deposit, UAE resident (20%)
- AED 417,060
- Deposit, non-resident (40%)
- AED 834,120
- Monthly over 25 years at 3.7%
- AED 8,532
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →