2-bed · 1,237 sqftDamac Heights, Dubai Marina · 67th floor · completed 2018

6701, Damac Heights

Sold prices and rental history: sold twice, last in August 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6701 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 2.7M7 August 2024
Current rentAED 175K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6701, Damac Heights

What is 6701 worth today?

Last sold for AED 2,700,000 in 2024

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7 Aug 2024SoldReady
AED 2,700,000AED 2,183 per sqft
15 Nov 2023RentedRenewal
AED 175,000/yr12 months · AED 143 per sqft
15 Nov 2022RentedNew contract
AED 165,000/yr12 months · AED 134 per sqft
17 Aug 2020RentedNew contract
AED 100,000/yr12 months · AED 81 per sqft
14 Dec 2017Sold by developerOff-plan
AED 2,474,000AED 2,000 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
2-bed apartment
Size
1,237 sqft
Floor
67th of 84
Parking
P2-55
Developer
DAMAC
Completed
2018
Service charge
AED 20,000 /yr
Last sold
AED 2.7M · August 2024

About 6701, Damac Heights

6701 is a two-bedroom apartment of 1,237 sqft on the 67th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 7 August 2024 for AED 2,700,000, or AED 2,183 per sqft, 23% above the AED 1,778 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 175,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 20,000 a year.

Sales and rents for 6701 over time

Sales
Unit 6701, 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, December 2017: AED 2,474,000 (AED 2,000 per sqft)Sold, August 2024: AED 2,700,000 (AED 2,183 per sqft)

6701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6701, each contractTypical two-bed in Damac Heights
100K150K2018202120242027Typical 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, August 2020: AED 100,000 a yearNew contract, November 2022: AED 165,000 a yearRenewal, November 2023: AED 175,000 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 6701 sits

All 255 2-beds →

6701 last sold in August 2024 at AED 2,183 per sqft, 23% above what two-beds in Damac Heights were fetching at the time (AED 1,778). 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. 6701's AED 175,000 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 67th floor

All 641 units in Damac Heights
Value
67021-bedAED 1.35M · Nov 2017
67031-bedAED 1.53M · Feb 2024
67041-bedAED 1.36M · Dec 2017
67052-bedAED 2.3M · Jun 2022
67061-bedAED 2.21M · Oct 2017
67072-bedAED 2.74M · Jun 2020
67081-bedAED 2.19M · Aug 2017
1–7 of 9

6701, Damac Heights in numbers

  • Sold twice: first on 14 December 2017 for AED 2,474,000, last on 7 August 2024 for AED 2,700,000 (AED 2,183 per sqft).
  • Rented since August 2020 on 3 Ejari contracts, from AED 100,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 20,000 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 August 2024.

Questions about 6701, Damac Heights

What did unit 6701 last sell for?

AED 2,700,000 on 7 August 2024: AED 2,183 per sqft for 1,237 sqft. The unit has 2 registered sales; the first was AED 2,474,000 in December 2017.

What is the rent for unit 6701?

AED 175,000 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 165,000; the unit has been rented since August 2020.

How big is unit 6701?

1,237 sqft (114.9 sqm): a two-bedroom apartment on the 67th floor of a 84-storey tower completed in 2018.

What is unit 6701 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 6701, Damac Heights

Starts from the last sale price (AED 2.7M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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