2-bed · 1,879 sqftDamac Heights, Dubai Marina · 65th floor · completed 2018

6507, Damac Heights

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6507 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 3.1M31 October 2023
Current rentAED 225K /yr7 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6507, Damac Heights

What is 6507 worth today?

Last sold for AED 3,100,000 in 2023

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7 Nov 2024RentedNew contract
AED 225,000/yr12 months · AED 119 per sqft
7 Nov 2024RentedNew contract
AED 225,000/yr12 months · AED 119 per sqft
7 Nov 2023RentedRenewal
AED 225,000/yr12 months · AED 119 per sqft
31 Oct 2023SoldReady
AED 3,100,000AED 1,649 per sqft
7 Nov 2022RentedNew contract
AED 225,000/yr12 months · AED 119 per sqft
23 Feb 2019RentedNew contract
AED 180,000/yr12 months · AED 96 per sqft
23 Apr 2015Sold by developerOff-plan
AED 4,860,000AED 3,041 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
2-bed apartment
Size
1,879 sqft
Floor
65th of 84
Parking
P2-41
Developer
DAMAC
Completed
2018
Service charge
AED 30,400 /yr
Last sold
AED 3.1M · October 2023

About 6507, Damac Heights

6507 is a two-bedroom apartment of 1,879 sqft on the 65th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 31 October 2023 for AED 3,100,000, or AED 1,649 per sqft, 5% below the AED 1,740 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 7 November 2024, is AED 225,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 30,400 a year.

Sales and rents for 6507 over time

Sales
Unit 6507, each saleTypical two-bed in Damac Heights
2M4M2009201420192024Typical 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 4,860,000 (AED 3,041 per sqft)Sold, October 2023: AED 3,100,000 (AED 1,649 per sqft)

6507 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6507, each contractTypical two-bed in Damac Heights
100K150K200K2018202120242027Typical 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, February 2019: AED 180,000 a yearNew contract, November 2022: AED 225,000 a yearRenewal, November 2023: AED 225,000 a yearNew contract, November 2024: AED 225,000 a yearNew contract, November 2024: AED 225,000 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 6507 sits

All 255 2-beds →

6507 last sold in October 2023 at AED 1,649 per sqft, 5% below what two-beds in Damac Heights were fetching at the time (AED 1,740). 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. 6507's AED 225,000 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
65012-bedAED 3.2M · May 2024
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
65081-bedAED 1.9M · May 2023
1–7 of 9

6507, Damac Heights in numbers

  • Sold twice: first on 23 April 2015 for AED 4,860,000, last on 31 October 2023 for AED 3,100,000 (AED 1,649 per sqft).
  • Rented since February 2019 on 5 Ejari contracts, from AED 180,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 30,400 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 7 November 2024.

Questions about 6507, Damac Heights

What did unit 6507 last sell for?

AED 3,100,000 on 31 October 2023: AED 1,649 per sqft for 1,879 sqft. The unit has 2 registered sales; the first was AED 4,860,000 in April 2015.

What is the rent for unit 6507?

AED 225,000 a year on the contract signed on 7 November 2024. The previous contract, from November 2024, was AED 225,000; the unit has been rented since February 2019.

How big is unit 6507?

1,879 sqft (174.6 sqm): a two-bedroom apartment on the 65th floor of a 84-storey tower completed in 2018.

What is unit 6507 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 6507, Damac Heights

Starts from the last sale price (AED 3.1M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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