1-bed · 770 sqftDamac Heights, Dubai Marina · 63rd floor · completed 2018

6302, Damac Heights

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

Unit 6302 · DLD and Ejari recordsUpdated 2 September 2022
Last soldAED 1.92M5 March 2015
Current rentAED 90K /yr2 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6302, Damac Heights

What is 6302 worth today?

Last sold for AED 1,920,000 in 2015

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2 Sep 2022RentedRenewal
AED 90,000/yr12 months · AED 118 per sqft
24 Jul 2021RentedRenewal
AED 89,503/yr13 months · AED 117 per sqft
8 Jun 2020RentedNew contract
AED 90,000/yr13 months · AED 116 per sqft
15 Dec 2018RentedNew contract
AED 115,000/yr13 months · AED 148 per sqft
5 Mar 2015Sold by developerOff-plan
AED 1,920,000AED 2,493 per sqft

Source: Dubai Land Department. Updated 2 September 2022.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
63rd of 84
Parking
P2-11
Developer
DAMAC
Completed
2018
Service charge
AED 12,500 /yr
Last sold
AED 1.92M · March 2015

About 6302, Damac Heights

6302 is a one-bedroom apartment of 770 sqft on the 63rd floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 5 March 2015 for AED 1,920,000, or AED 2,493 per sqft, 6% above the AED 2,350 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 2 September 2022, is AED 90,000 a year: a gross yield of 4.7% on the 2015 price, before the service charge of about AED 12,500 a year.

Sales and rents for 6302 over time

Sales
Unit 6302, 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, March 2015: AED 1,920,000 (AED 2,493 per sqft)

6302 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6302, 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, December 2018: AED 115,000 a yearNew contract, June 2020: AED 90,000 a yearRenewal, July 2021: AED 89,503 a yearRenewal, September 2022: AED 90,000 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 6302 sits

All 285 1-beds →

6302 last sold in March 2015 at AED 2,493 per sqft, 6% above what one-beds in Damac Heights were fetching at the time (AED 2,350). 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. 6302's AED 90,000 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 63rd floor

All 641 units in Damac Heights
Value
63012-bedAED 5M · Jun 2014
63031-bedAED 1.83M · Aug 2015
63041-bedAED 1.86M · Sep 2015
63052-bedAED 1.75M · Sep 2020
63061-bedAED 2.3M · Feb 2025
63072-bedAED 4.13M · May 2018
63081-bedAED 1.45M · Jul 2022
1–7 of 9

6302, Damac Heights in numbers

  • Sold once: by DAMAC on 5 March 2015 for AED 1,920,000, or AED 2,493 per sqft.
  • Rented since December 2018 on 4 Ejari contracts, from AED 115,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2015 price is 4.7%, before a service charge of about AED 12,500 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 2 September 2022.

Questions about 6302, Damac Heights

What did unit 6302 last sell for?

AED 1,920,000 on 5 March 2015, sold by the developer: AED 2,493 per sqft for 770 sqft. It is the only registered sale of the unit.

What is the rent for unit 6302?

AED 90,000 a year on the contract renewed on 2 September 2022. The previous contract, from July 2021, was AED 89,503; the unit has been rented since December 2018.

How big is unit 6302?

770 sqft (71.5 sqm): a one-bedroom apartment on the 63rd floor of a 84-storey tower completed in 2018.

What is unit 6302 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 6302, Damac Heights

Starts from the last sale price (AED 1.92M, 5 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,920,000
Deposit, UAE resident (20%)
AED 384,000
Deposit, non-resident (40%)
AED 768,000
Monthly over 25 years at 3.7%
AED 7,855

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