1-bed · 961 sqftDamac Heights, Dubai Marina · 56th floor · completed 2018

5608, Damac Heights

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5608 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 1.97M30 January 2017
Current rentAED 84K /yr7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5608, Damac Heights

What is 5608 worth today?

Last sold for AED 1,972,000 in 2017

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7 Oct 2024RentedRenewal
AED 84,000/yr12 months · AED 87 per sqft
7 Oct 2024RentedRenewal
AED 84,000/yr12 months · AED 87 per sqft
7 Oct 2023RentedRenewal
AED 80,000/yr12 months · AED 83 per sqft
7 Oct 2022RentedRenewal
AED 80,000/yr12 months · AED 83 per sqft
7 Oct 2021RentedRenewal
AED 80,000/yr12 months · AED 83 per sqft
7 Oct 2020RentedRenewal
AED 80,000/yr12 months · AED 83 per sqft
7 Oct 2019RentedRenewal
AED 90,000/yr12 months · AED 94 per sqft
7 Oct 2018RentedNew contract
AED 100,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 7 October 2024.

Key facts

Type
1-bed apartment
Size
961 sqft
Floor
56th of 84
Parking
P3-23
Developer
DAMAC
Completed
2018
Service charge
AED 15,500 /yr
Last sold
AED 1.97M · January 2017

About 5608, Damac Heights

5608 is a one-bedroom apartment of 961 sqft on the 56th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 30 January 2017 for AED 1,972,000, or AED 2,052 per sqft, 8% below the AED 2,241 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 7 October 2024, is AED 84,000 a year: a gross yield of 4.3% on the 2017 price, before the service charge of about AED 15,500 a year.

Sales and rents for 5608 over time

Sales
Unit 5608, 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, January 2017: AED 1,972,000 (AED 2,052 per sqft)

5608 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5608, 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, October 2018: AED 100,000 a yearRenewal, October 2019: AED 90,000 a yearRenewal, October 2020: AED 80,000 a yearRenewal, October 2021: AED 80,000 a yearRenewal, October 2022: AED 80,000 a yearRenewal, October 2023: AED 80,000 a yearRenewal, October 2024: AED 84,000 a yearRenewal, October 2024: AED 84,000 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 5608 sits

All 285 1-beds →

5608 last sold in January 2017 at AED 2,052 per sqft, 8% below what one-beds in Damac Heights were fetching at the time (AED 2,241). 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. 5608's AED 84,000 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 56th floor

All 641 units in Damac Heights
Value
56012-bedAED 3M · Jun 2024
56021-bedAED 1.8M · Apr 2017
56032-bedAED 3.56M · Dec 2017
56042-bedAED 2.34M · Nov 2021
56051-bedAED 2.08M · May 2017
56062-bedAED 2.81M · Nov 2021
56071-bedAED 2.15M · Oct 2025
1–7 of 8

5608, Damac Heights in numbers

  • Sold once: by DAMAC on 30 January 2017 for AED 1,972,000, or AED 2,052 per sqft.
  • Rented since October 2018 on 8 Ejari contracts, from AED 100,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2017 price is 4.3%, before a service charge of about AED 15,500 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 7 October 2024.

Questions about 5608, Damac Heights

What did unit 5608 last sell for?

AED 1,972,000 on 30 January 2017, sold by the developer: AED 2,052 per sqft for 961 sqft. It is the only registered sale of the unit.

What is the rent for unit 5608?

AED 84,000 a year on the contract renewed on 7 October 2024. The previous contract, from October 2024, was AED 84,000; the unit has been rented since October 2018.

How big is unit 5608?

961 sqft (89.3 sqm): a one-bedroom apartment on the 56th floor of a 84-storey tower completed in 2018.

What is unit 5608 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 5608, Damac Heights

Starts from the last sale price (AED 1.97M, 30 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,972,000
Deposit, UAE resident (20%)
AED 394,400
Deposit, non-resident (40%)
AED 788,800
Monthly over 25 years at 3.7%
AED 8,068

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