1-bed · 641 sqftDamac Heights, Dubai Marina · 67th floor · completed 2018

6703, Damac Heights

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6703 · DLD and Ejari recordsUpdated 26 February 2024
Last soldAED 1.53M26 February 2024
Current rentAED 85K /yr6 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6703, Damac Heights

What is 6703 worth today?

Last sold for AED 1,530,000 in 2024

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26 Feb 2024SoldReady
AED 1,530,000AED 2,388 per sqft
6 Sep 2023RentedNew contract
AED 85,000/yr12 months · AED 132 per sqft
15 Sep 2022RentedNew contract
AED 85,000/yr12 months · AED 132 per sqft
10 Aug 2022RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
1 Oct 2019RentedRenewal
AED 85,000/yr12 months · AED 132 per sqft
1 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
26 Nov 2017Sold by developerOff-plan
AED 1,282,000AED 2,001 per sqft

Source: Dubai Land Department. Updated 26 February 2024.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
67th of 84
Parking
P2-57
Developer
DAMAC
Completed
2018
Service charge
AED 10,400 /yr
Last sold
AED 1.53M · February 2024

About 6703, Damac Heights

6703 is a one-bedroom apartment of 641 sqft on the 67th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 26 February 2024 for AED 1,530,000, or AED 2,388 per sqft, 28% above the AED 1,861 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 6 September 2023, is AED 85,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 10,400 a year.

Sales and rents for 6703 over time

Sales
Unit 6703, 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, November 2017: AED 1,282,000 (AED 2,001 per sqft)Sold, February 2024: AED 1,530,000 (AED 2,388 per sqft)

6703 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6703, 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 90,000 a yearRenewal, October 2019: AED 85,000 a yearNew contract, August 2022: AED 90,000 a yearNew contract, September 2022: AED 85,000 a yearNew contract, September 2023: AED 85,000 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 6703 sits

All 285 1-beds →

6703 last sold in February 2024 at AED 2,388 per sqft, 28% above what one-beds in Damac Heights were fetching at the time (AED 1,861). 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. 6703's AED 85,000 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 67th floor

All 641 units in Damac Heights
Value
67012-bedAED 2.7M · Aug 2024
67021-bedAED 1.35M · Nov 2017
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

6703, Damac Heights in numbers

  • Sold twice: first on 26 November 2017 for AED 1,282,000, last on 26 February 2024 for AED 1,530,000 (AED 2,388 per sqft).
  • Rented since October 2018 on 5 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 10,400 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 26 February 2024.

Questions about 6703, Damac Heights

What did unit 6703 last sell for?

AED 1,530,000 on 26 February 2024: AED 2,388 per sqft for 641 sqft. The unit has 2 registered sales; the first was AED 1,282,000 in November 2017.

What is the rent for unit 6703?

AED 85,000 a year on the contract signed on 6 September 2023. The previous contract, from September 2022, was AED 85,000; the unit has been rented since October 2018.

How big is unit 6703?

641 sqft (59.6 sqm): a one-bedroom apartment on the 67th floor of a 84-storey tower completed in 2018.

What is unit 6703 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 6703, Damac Heights

Starts from the last sale price (AED 1.53M, 26 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

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