2-bed · 1,375 sqftDamac Heights, Dubai Marina · 58th floor · completed 2018

5809, Damac Heights

Sold prices and rental history: sold once, by the developer in November 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5809 · DLD and Ejari recordsUpdated 7 November 2017
Last soldAED 3.15M7 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5809, Damac Heights

What is 5809 worth today?

Last sold for AED 3,150,000 in 2017

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7 Nov 2017Sold by developerOff-plan
AED 3,150,000AED 2,290 per sqft

Source: Dubai Land Department. Updated 7 November 2017.

Key facts

Type
2-bed apartment
Size
1,375 sqft
Floor
58th of 84
Parking
P3-46
Developer
DAMAC
Completed
2018
Service charge
AED 22,200 /yr
Last sold
AED 3.15M · November 2017

About 5809, Damac Heights

5809 is a two-bedroom apartment of 1,375 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 7 November 2017 for AED 3,150,000, or AED 2,290 per sqft, 21% above the AED 1,896 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5809 over time

Sales
Unit 5809, each saleTypical two-bed in Damac Heights
2M3M4M2009201420192024Typical sale price by year: 2009 AED 3,238,250; 2011 AED 1,937,100; 2012 AED 2,335,300; 2013 AED 3,447,450; 2014 AED 3,887,950; 2015 AED 3,500,000; 2016 AED 3,601,014; 2017 AED 2,927,386; 2018 AED 3,231,500; 2019 AED 2,704,000; 2020 AED 2,170,000; 2021 AED 2,249,700; 2022 AED 2,367,602; 2023 AED 2,600,000; 2024 AED 2,825,000; 2025 AED 2,825,000; 2026 AED 2,950,000Sold by developer, November 2017: AED 3,150,000 (AED 2,290 per sqft)

5809 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5809, each contractTypical two-bed in Damac Heights
150K2018202120242027Typical rent by year: 2018 AED 137,000; 2019 AED 132,500; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 140,000; 2023 AED 170,000; 2024 AED 177,989; 2025 AED 178,000; 2026 AED 167,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Damac Heights, and where 5809 sits

All 255 2-beds →

5809 last sold in November 2017 at AED 2,290 per sqft, 21% above what two-beds in Damac Heights were fetching at the time (AED 1,896). Over the last 12 months two-beds sold for AED 1,437,480 to 3,335,000, around AED 2,012 per sqft, and rent for AED 94,745 to 395,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 20262,852,887
30 Jul 20262,700,000
24 Jul 20263,100,000
7 Jul 20263,125,000
16 2-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
58051-bedAED 1.75M · Apr 2023
58062-bedAED 2.75M · Nov 2021
58071-bedAED 1.91M · Apr 2017
1–7 of 8

5809, Damac Heights in numbers

  • Sold once: by DAMAC on 7 November 2017 for AED 3,150,000, or AED 2,290 per sqft.
  • Two-beds in Damac Heights sold for AED 1,437,480–3,335,000 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 November 2017.

Questions about 5809, Damac Heights

What did unit 5809 last sell for?

AED 3,150,000 on 7 November 2017, sold by the developer: AED 2,290 per sqft for 1,375 sqft. It is the only registered sale of the unit.

How big is unit 5809?

1,375 sqft (127.7 sqm): a two-bedroom apartment on the 58th floor of a 84-storey tower completed in 2018.

What is unit 5809 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Damac Heights sold for AED 1,437,480 to 3,335,000 in the last 12 months, around AED 2,012 per sqft.

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Mortgage on 5809, Damac Heights

Starts from the last sale price (AED 3.15M, 7 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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