1-bed · 950 sqftDamac Heights, Dubai Marina · 67th floor · completed 2018

6708, Damac Heights

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

Unit 6708 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 2.19M3 August 2017
Current rentAED 100K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6708, Damac Heights

What is 6708 worth today?

Last sold for AED 2,186,000 in 2017

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20 Sep 2024RentedRenewal
AED 100,000/yr12 months · AED 106 per sqft
20 Sep 2024RentedRenewal
AED 100,000/yr12 months · AED 106 per sqft
20 Sep 2023RentedRenewal
AED 85,000/yr12 months · AED 90 per sqft
20 Sep 2022RentedRenewal
AED 85,000/yr12 months · AED 90 per sqft
20 Sep 2021RentedRenewal
AED 85,000/yr12 months · AED 90 per sqft
20 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 79 per sqft
20 Sep 2019RentedRenewal
AED 100,000/yr12 months · AED 106 per sqft
20 Sep 2018RentedNew contract
AED 100,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
1-bed apartment
Size
950 sqft
Floor
67th of 84
Parking
P2-62
Developer
DAMAC
Completed
2018
Service charge
AED 15,400 /yr
Last sold
AED 2.19M · August 2017

About 6708, Damac Heights

6708 is a one-bedroom apartment of 950 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 3 August 2017 for AED 2,186,000, or AED 2,300 per sqft, 12% above the AED 2,050 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 100,000 a year: a gross yield of 4.6% on the 2017 price, before the service charge of about AED 15,400 a year.

Sales and rents for 6708 over time

Sales
Unit 6708, 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, August 2017: AED 2,186,000 (AED 2,300 per sqft)

6708 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6708, 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, September 2018: AED 100,000 a yearRenewal, September 2019: AED 100,000 a yearNew contract, September 2020: AED 75,000 a yearRenewal, September 2021: AED 85,000 a yearRenewal, September 2022: AED 85,000 a yearRenewal, September 2023: AED 85,000 a yearRenewal, September 2024: AED 100,000 a yearRenewal, September 2024: AED 100,000 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 6708 sits

All 285 1-beds →

6708 last sold in August 2017 at AED 2,300 per sqft, 12% above what one-beds in Damac Heights were fetching at the time (AED 2,050). 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. 6708's AED 100,000 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
67041-bedAED 1.36M · Dec 2017
67052-bedAED 2.3M · Jun 2022
67061-bedAED 2.21M · Oct 2017
67072-bedAED 2.74M · Jun 2020
1–7 of 9

6708, Damac Heights in numbers

  • Sold once: by DAMAC on 3 August 2017 for AED 2,186,000, or AED 2,300 per sqft.
  • Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2020 and recovered to AED 100,000 by September 2024.
  • At AED 100,000 a year the gross yield on the 2017 price is 4.6%, before a service charge of about AED 15,400 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 20 September 2024.

Questions about 6708, Damac Heights

What did unit 6708 last sell for?

AED 2,186,000 on 3 August 2017, sold by the developer: AED 2,300 per sqft for 950 sqft. It is the only registered sale of the unit.

What is the rent for unit 6708?

AED 100,000 a year on the contract renewed on 20 September 2024. The previous contract, from September 2024, was AED 100,000; the unit has been rented since September 2018.

How big is unit 6708?

950 sqft (88.3 sqm): a one-bedroom apartment on the 67th floor of a 84-storey tower completed in 2018.

What is unit 6708 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 6708, Damac Heights

Starts from the last sale price (AED 2.19M, 3 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,186,000
Deposit, UAE resident (20%)
AED 437,200
Deposit, non-resident (40%)
AED 874,400
Monthly over 25 years at 3.7%
AED 8,944

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