1-bed · 961 sqftDamac Heights, Dubai Marina · 59th floor · completed 2018

5908, Damac Heights

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5908 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 2.22M11 August 2015
Current rentAED 120K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5908, Damac Heights

What is 5908 worth today?

Last sold for AED 2,222,416 in 2015

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15 Oct 2023RentedRenewal
AED 120,000/yr12 months · AED 125 per sqft
15 Oct 2022RentedRenewal
AED 120,000/yr12 months · AED 125 per sqft
15 Oct 2021RentedRenewal
AED 120,000/yr12 months · AED 125 per sqft
15 Oct 2020RentedRenewal
AED 120,000/yr12 months · AED 125 per sqft
15 Oct 2019RentedRenewal
AED 120,000/yr12 months · AED 125 per sqft
15 Oct 2018RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
11 Aug 2015Sold by developerOff-plan
AED 2,222,416AED 2,312 per sqft

Source: Dubai Land Department. Updated 15 October 2023.

Key facts

Type
1-bed apartment
Size
961 sqft
Floor
59th of 84
Parking
P3-54
Developer
DAMAC
Completed
2018
Service charge
AED 15,600 /yr
Last sold
AED 2.22M · August 2015

About 5908, Damac Heights

5908 is a one-bedroom apartment of 961 sqft on the 59th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 11 August 2015 for AED 2,222,416, or AED 2,312 per sqft, 6% below the AED 2,449 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 15 October 2023, is AED 120,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 15,600 a year.

Sales and rents for 5908 over time

Sales
Unit 5908, 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, August 2015: AED 2,222,416 (AED 2,312 per sqft)

5908 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5908, 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 120,000 a yearRenewal, October 2019: AED 120,000 a yearRenewal, October 2020: AED 120,000 a yearRenewal, October 2021: AED 120,000 a yearRenewal, October 2022: AED 120,000 a yearRenewal, October 2023: AED 120,000 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 5908 sits

All 285 1-beds →

5908 last sold in August 2015 at AED 2,312 per sqft, 6% below what one-beds in Damac Heights were fetching at the time (AED 2,449). 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. 5908's AED 120,000 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 59th floor

All 641 units in Damac Heights
Value
59012-bedAED 3.2M · Feb 2023
59021-bedAED 1.89M · Jun 2025
59032-bedAED 3.62M · Jul 2015
59042-bedAED 3M · Mar 2023
59051-bedAED 1.53M · Nov 2021
59062-bedAED 2.83M · May 2021
59071-bedAED 1.95M · Jul 2024
1–7 of 8

5908, Damac Heights in numbers

  • Sold once: by DAMAC on 11 August 2015 for AED 2,222,416, or AED 2,312 per sqft.
  • Rented since October 2018 on 6 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 15,600 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 15 October 2023.

Questions about 5908, Damac Heights

What did unit 5908 last sell for?

AED 2,222,416 on 11 August 2015, sold by the developer: AED 2,312 per sqft for 961 sqft. It is the only registered sale of the unit.

What is the rent for unit 5908?

AED 120,000 a year on the contract renewed on 15 October 2023. The previous contract, from October 2022, was AED 120,000; the unit has been rented since October 2018.

How big is unit 5908?

961 sqft (89.3 sqm): a one-bedroom apartment on the 59th floor of a 84-storey tower completed in 2018.

What is unit 5908 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 5908, Damac Heights

Starts from the last sale price (AED 2.22M, 11 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,222,416
Deposit, UAE resident (20%)
AED 444,483
Deposit, non-resident (40%)
AED 888,966
Monthly over 25 years at 3.7%
AED 9,093

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