5802, Damac Heights
Sold prices and rental history: sold once, by the developer in May 2017, 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 5802, Damac Heights
What is 5802 worth today?
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Source: Dubai Land Department. Updated 1 June 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 836 sqft
- Floor
- 58th of 84
- Parking
- P3-39
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 13,500 /yr
- Last sold
- AED 1.62M · May 2017
- Building
- Damac Heights
About 5802, Damac Heights
5802 is a one-bedroom apartment of 836 sqft on the 58th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 4 May 2017 for AED 1,622,000, or AED 1,940 per sqft, 8% below the AED 2,105 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 80,000 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 13,500 a year.
Sales and rents for 5802 over time
5802 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 5802 sits
All 285 1-beds →5802 last sold in May 2017 at AED 1,940 per sqft, 8% below what one-beds in Damac Heights were fetching at the time (AED 2,105). 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. 5802's AED 80,000 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 58th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5801 | 2-bed | 1,696 sqft | AED 2.73MAED 2,725,000 · Feb 2024February 2024 | 190,000 /yr | |
| 5803 | 2-bed | 1,617 sqft | AED 2.3MAED 2,300,000 · Aug 2021August 2021 | ||
| 5804 | 2-bed | 1,752 sqft | AED 3.76MAED 3,758,000 · Feb 2018February 2018 | 170,000 /yr | |
| 5805 | 1-bed | 997 sqft | AED 1.75MAED 1,750,000 · Apr 2023April 2023 | 124,000 /yr | |
| 5806 | 2-bed | 2,080 sqft | AED 2.75MAED 2,749,300 · Nov 2021November 2021 | 230,000 /yr | |
| 5807 | 1-bed | 953 sqft | AED 1.91MAED 1,906,000 · Apr 2017April 2017 | 120,000 /yr | |
| 5808 | 1-bed | 959 sqft | AED 1.85MAED 1,850,000 · Feb 2023February 2023 | 135,000 /yr | |
| 5809 | 2-bed | 1,375 sqft | AED 3.15MAED 3,150,000 · Nov 2017November 2017 |
5802, Damac Heights in numbers
- Sold once: by DAMAC on 4 May 2017 for AED 1,622,000, or AED 1,940 per sqft.
- Rented since September 2019 on 4 Ejari contracts, from AED 95,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2017 price is 4.9%, before a service charge of about AED 13,500 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 1 June 2022.
Questions about 5802, Damac Heights
What did unit 5802 last sell for?
AED 1,622,000 on 4 May 2017, sold by the developer: AED 1,940 per sqft for 836 sqft. It is the only registered sale of the unit.
What is the rent for unit 5802?
AED 80,000 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 80,000; the unit has been rented since September 2019.
How big is unit 5802?
836 sqft (77.7 sqm): a one-bedroom apartment on the 58th floor of a 84-storey tower completed in 2018.
What is unit 5802 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 5802, Damac Heights
Starts from the last sale price (AED 1.62M, 4 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,622,000
- Deposit, UAE resident (20%)
- AED 324,400
- Deposit, non-resident (40%)
- AED 648,800
- Monthly over 25 years at 3.7%
- AED 6,636
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →