1-bed · 997 sqftDamac Heights, Dubai Marina · 58th floor · completed 2018

5805, Damac Heights

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5805 · DLD and Ejari recordsUpdated 25 April 2023
Last soldAED 1.75M25 April 2023
Current rentAED 124K /yr15 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5805, Damac Heights

What is 5805 worth today?

Last sold for AED 1,750,000 in 2023

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25 Apr 2023SoldReady
AED 1,750,000AED 1,755 per sqft
15 Jan 2023RentedNew contract
AED 124,000/yr6 months · AED 124 per sqft
14 Nov 2021RentedNew contract
AED 132,000/yr11 months · AED 132 per sqft
31 Jan 2021SoldReady
AED 1,340,000AED 1,344 per sqft
1 Jul 2020RentedRenewal
AED 80,000/yr12 months · AED 80 per sqft
1 Jul 2019RentedRenewal
AED 108,000/yr12 months · AED 108 per sqft
1 Jul 2018RentedNew contract
AED 115,000/yr12 months · AED 115 per sqft
27 Apr 2017Sold by developerOff-plan
AED 2,042,000AED 2,048 per sqft

Source: Dubai Land Department. Updated 25 April 2023.

Key facts

Type
1-bed apartment
Size
997 sqft
Floor
58th of 84
Parking
P3-42
Developer
DAMAC
Completed
2018
Service charge
AED 16,100 /yr
Last sold
AED 1.75M · April 2023

About 5805, Damac Heights

5805 is a one-bedroom apartment of 997 sqft on the 58th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 25 April 2023 for AED 1,750,000, or AED 1,755 per sqft, in line with the AED 1,761 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 January 2023, is AED 124,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 16,100 a year.

Sales and rents for 5805 over time

Sales
Unit 5805, 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, April 2017: AED 2,042,000 (AED 2,048 per sqft)Sold, January 2021: AED 1,340,000 (AED 1,344 per sqft)Sold, April 2023: AED 1,750,000 (AED 1,755 per sqft)

5805 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5805, each contractTypical one-bed in Damac Heights
100K2018202120242027Typical 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, July 2018: AED 115,000 a yearRenewal, July 2019: AED 108,000 a yearRenewal, July 2020: AED 80,000 a yearNew contract, November 2021: AED 132,000 a yearNew contract, January 2023: AED 124,000 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 5805 sits

All 285 1-beds →

5805 last sold in April 2023 at AED 1,755 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 1,761). 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. 5805's AED 124,000 is in the upper 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 58th floor

All 641 units in Damac Heights
Value
58012-bedAED 2.73M · Feb 2024
58021-bedAED 1.62M · May 2017
58032-bedAED 2.3M · Aug 2021
58042-bedAED 3.76M · Feb 2018
58062-bedAED 2.75M · Nov 2021
58071-bedAED 1.91M · Apr 2017
58081-bedAED 1.85M · Feb 2023
1–7 of 8

5805, Damac Heights in numbers

  • Sold 3 times: first on 27 April 2017 for AED 2,042,000, last on 25 April 2023 for AED 1,750,000 (AED 1,755 per sqft).
  • Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2020 and recovered to AED 124,000 by January 2023.
  • At AED 124,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 16,100 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 25 April 2023.

Questions about 5805, Damac Heights

What did unit 5805 last sell for?

AED 1,750,000 on 25 April 2023: AED 1,755 per sqft for 997 sqft. The unit has 3 registered sales; the first was AED 2,042,000 in April 2017.

What is the rent for unit 5805?

AED 124,000 a year on the contract signed on 15 January 2023. The previous contract, from November 2021, was AED 132,000; the unit has been rented since July 2018.

How big is unit 5805?

997 sqft (92.6 sqm): a one-bedroom apartment on the 58th floor of a 84-storey tower completed in 2018.

What is unit 5805 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 5805, Damac Heights

Starts from the last sale price (AED 1.75M, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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