7503, Damac Heights
Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7503, Damac Heights
What is 7503 worth today?
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Source: Dubai Land Department. Updated 26 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,423 sqft
- Floor
- 75th of 84
- Parking
- P1-10
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 23,000 /yr
- Last sold
- AED 3.08M · June 2024
- Building
- Damac Heights
About 7503, Damac Heights
7503 is a three-bedroom apartment of 1,423 sqft on the 75th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 26 June 2024 for AED 3,075,000, or AED 2,160 per sqft, 17% above the AED 1,844 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 9 December 2022, is AED 144,375 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 23,000 a year.
Sales and rents for 7503 over time
7503 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Damac Heights, and where 7503 sits
All 90 3-beds →7503 last sold in June 2024 at AED 2,160 per sqft, 17% above what three-beds in Damac Heights were fetching at the time (AED 1,844). Over the last 12 months three-beds sold for AED 2,200,000 to 4,501,860, around AED 1,898 per sqft, and rent for AED 117,466 to 516,176 a year. 7503's AED 144,375 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,159 sqft | 2,200,000 | 1,897 | ||
| 18 Sep 202618 September 2026 | 1,657 sqft | 3,750,000 | 2,262 | ||
| 17 Sep 202617 September 2026 | 1,922 sqft | 3,650,000 | 1,898 | ||
| 10 Aug 202610 August 2026 | 1,906 sqft | 4,501,860 | 2,362 |
Damac Heights
Building641 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%
Other units on the 75th floor
All 641 units in Damac Heights7503, Damac Heights in numbers
- Sold 3 times: first on 13 June 2017 for AED 3,211,000, last on 26 June 2024 for AED 3,075,000 (AED 2,160 per sqft).
- Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 125,000 in 2020 and recovered to AED 144,375 by December 2022.
- At AED 144,375 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 23,000 a year (AED 16.18 per sqft).
- Three-beds in Damac Heights sold for AED 2,200,000–4,501,860 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 June 2024.
Questions about 7503, Damac Heights
What did unit 7503 last sell for?
AED 3,075,000 on 26 June 2024: AED 2,160 per sqft for 1,423 sqft. The unit has 3 registered sales; the first was AED 3,211,000 in June 2017.
What is the rent for unit 7503?
AED 144,375 a year on the contract renewed on 9 December 2022. The previous contract, from December 2021, was AED 137,500; the unit has been rented since November 2018.
How big is unit 7503?
1,423 sqft (132.2 sqm): a three-bedroom apartment on the 75th floor of a 84-storey tower completed in 2018.
What is unit 7503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Damac Heights sold for AED 2,200,000 to 4,501,860 in the last 12 months, around AED 1,898 per sqft.
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Mortgage on 7503, Damac Heights
Starts from the last sale price (AED 3.08M, 26 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,075,000
- Deposit, UAE resident (20%)
- AED 615,000
- Deposit, non-resident (40%)
- AED 1,230,000
- Monthly over 25 years at 3.7%
- AED 12,581
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →