2-bed · 1,328 sqftDamac Heights, Dubai Marina · 65th floor · completed 2018

6501, Damac Heights

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6501 · DLD and Ejari recordsUpdated 30 May 2024
Last soldAED 3.2M30 May 2024
Current rentAED 140K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6501, Damac Heights

What is 6501 worth today?

Last sold for AED 3,200,000 in 2024

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30 May 2024SoldReady
AED 3,200,000AED 2,410 per sqft
1 Mar 2022RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
30 Jun 2021SoldReady
AED 1,950,000AED 1,468 per sqft
1 Feb 2021RentedRenewal
AED 140,000/yr13 months · AED 106 per sqft
1 Jan 2020RentedRenewal
AED 150,000/yr13 months · AED 113 per sqft
1 Jan 2019RentedNew contract
AED 150,000/yr12 months · AED 113 per sqft
23 Apr 2015Sold by developerOff-plan
AED 3,490,000AED 3,685 per sqft

Source: Dubai Land Department. Updated 30 May 2024.

Key facts

Type
2-bed apartment
Size
1,328 sqft
Floor
65th of 84
Parking
P2-30
Developer
DAMAC
Completed
2018
Service charge
AED 21,500 /yr
Last sold
AED 3.2M · May 2024

About 6501, Damac Heights

6501 is a two-bedroom apartment of 1,328 sqft on the 65th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 30 May 2024 for AED 3,200,000, or AED 2,410 per sqft, 37% above the AED 1,764 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 March 2022, is AED 140,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 21,500 a year.

Sales and rents for 6501 over time

Sales
Unit 6501, 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, April 2015: AED 3,490,000 (AED 3,685 per sqft)Sold, June 2021: AED 1,950,000 (AED 1,468 per sqft)Sold, May 2024: AED 3,200,000 (AED 2,410 per sqft)

6501 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6501, 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 167,500New contract, January 2019: AED 150,000 a yearRenewal, January 2020: AED 150,000 a yearRenewal, February 2021: AED 140,000 a yearNew contract, March 2022: AED 140,000 a year

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 6501 sits

All 255 2-beds →

6501 last sold in May 2024 at AED 2,410 per sqft, 37% above what two-beds in Damac Heights were fetching at the time (AED 1,764). 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. 6501's AED 140,000 is in the lower half of that range.

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 65th floor

All 641 units in Damac Heights
Value
65021-bedAED 1.1M · Feb 2020
65031-bedAED 440K · Jul 2020
65041-bedAED 1.58M · Aug 2023
65052-bedAED 2.83M · Feb 2023
65061-bedAED 2.36M · Mar 2026
65072-bedAED 3.1M · Oct 2023
65081-bedAED 1.9M · May 2023
1–7 of 9

6501, Damac Heights in numbers

  • Sold 3 times: first on 23 April 2015 for AED 3,490,000, last on 30 May 2024 for AED 3,200,000 (AED 2,410 per sqft).
  • Rented since January 2019 on 4 Ejari contracts, from AED 150,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 21,500 a year (AED 16.18 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 30 May 2024.

Questions about 6501, Damac Heights

What did unit 6501 last sell for?

AED 3,200,000 on 30 May 2024: AED 2,410 per sqft for 1,328 sqft. The unit has 3 registered sales; the first was AED 3,490,000 in April 2015.

What is the rent for unit 6501?

AED 140,000 a year on the contract signed on 1 March 2022. The previous contract, from February 2021, was AED 140,000; the unit has been rented since January 2019.

How big is unit 6501?

1,328 sqft (123.4 sqm): a two-bedroom apartment on the 65th floor of a 84-storey tower completed in 2018.

What is unit 6501 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 6501, Damac Heights

Starts from the last sale price (AED 3.2M, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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