1-bed · 679 sqftDamac Heights, Dubai Marina · 67th floor · completed 2018

6704, Damac Heights

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6704 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 1.36M6 December 2017
Current rentAED 115K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6704, Damac Heights

What is 6704 worth today?

Last sold for AED 1,356,000 in 2017

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25 Sep 2024RentedNew contract
AED 115,000/yr12 months · AED 170 per sqft
1 Nov 2022RentedNew contract
AED 84,000/yr12 months · AED 124 per sqft
1 Nov 2021RentedNew contract
AED 84,000/yr12 months · AED 124 per sqft
22 Nov 2020RentedNew contract
AED 72,000/yr12 months · AED 106 per sqft
21 Oct 2019RentedRenewal
AED 85,000/yr12 months · AED 125 per sqft
21 Oct 2018RentedNew contract
AED 85,000/yr12 months · AED 125 per sqft
6 Dec 2017Sold by developerOff-plan
AED 1,356,000AED 1,997 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
679 sqft
Floor
67th of 84
Parking
P2-58
Developer
DAMAC
Completed
2018
Service charge
AED 11,000 /yr
Last sold
AED 1.36M · December 2017

About 6704, Damac Heights

6704 is a one-bedroom apartment of 679 sqft on the 67th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 6 December 2017 for AED 1,356,000, or AED 1,997 per sqft, in line with the AED 2,044 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 September 2024, is AED 115,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 11,000 a year.

Sales and rents for 6704 over time

Sales
Unit 6704, 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, December 2017: AED 1,356,000 (AED 1,997 per sqft)

6704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6704, 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 85,000 a yearRenewal, October 2019: AED 85,000 a yearNew contract, November 2020: AED 72,000 a yearNew contract, November 2021: AED 84,000 a yearNew contract, November 2022: AED 84,000 a yearNew contract, September 2024: AED 115,000 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 6704 sits

All 285 1-beds →

6704 last sold in December 2017 at AED 1,997 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 2,044). 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. 6704's AED 115,000 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
67031-bedAED 1.53M · Feb 2024
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

6704, Damac Heights in numbers

  • Sold once: by DAMAC on 6 December 2017 for AED 1,356,000, or AED 1,997 per sqft.
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 72,000 in 2020 and recovered to AED 115,000 by September 2024.
  • At AED 115,000 a year the gross yield on the 2017 price is 8.5%, before a service charge of about AED 11,000 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 25 September 2024.

Questions about 6704, Damac Heights

What did unit 6704 last sell for?

AED 1,356,000 on 6 December 2017, sold by the developer: AED 1,997 per sqft for 679 sqft. It is the only registered sale of the unit.

What is the rent for unit 6704?

AED 115,000 a year on the contract signed on 25 September 2024. The previous contract, from November 2022, was AED 84,000; the unit has been rented since October 2018.

How big is unit 6704?

679 sqft (63.1 sqm): a one-bedroom apartment on the 67th floor of a 84-storey tower completed in 2018.

What is unit 6704 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 6704, Damac Heights

Starts from the last sale price (AED 1.36M, 6 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,356,000
Deposit, UAE resident (20%)
AED 271,200
Deposit, non-resident (40%)
AED 542,400
Monthly over 25 years at 3.7%
AED 5,548

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