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2-bed · 1,626 sqftDamac Heights, Dubai Marina · 77th floor · completed 2018

7702, Damac Heights

Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7702 · DLD and Ejari recordsUpdated 28 June 2022
Last soldAED 4.62M14 December 2016
Current rentAED 130K /yr28 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7702, Damac Heights

What is 7702 worth today?

Last sold for AED 4,617,250 in 2016

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28 Jun 2022RentedRenewal
AED 130,000/yr12 months · AED 80 per sqft
20 Jun 2021RentedRenewal
AED 120,000/yr12 months · AED 74 per sqft
20 Jun 2020RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft
14 Dec 2016Sold by developerOff-plan
AED 4,617,250AED 2,840 per sqft

Source: Dubai Land Department. Updated 28 June 2022.

Key facts

Type
2-bed apartment
Size
1,626 sqft
Floor
77th of 84
Parking
P1-16
Developer
DAMAC
Completed
2018
Service charge
AED 26,300 /yr
Last sold
AED 4.62M · December 2016
Building
Damac Heights

About 7702, Damac Heights

7702 is a two-bedroom apartment of 1,626 sqft on the 77th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 14 December 2016 for AED 4,617,250, or AED 2,840 per sqft, 6% above the AED 2,680 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 28 June 2022, is AED 130,000 a year: a gross yield of 2.8% on the 2016 price, before the service charge of about AED 26,300 a year.

Sales and rents for 7702 over time

Sales
Unit 7702, each saleTypical two-bed in Damac Heights
2M4M2009201420192024Typical 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 2016: AED 4,617,250 (AED 2,840 per sqft)

7702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7702, each contractTypical two-bed in Damac Heights
150K2018202120242027Typical 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, June 2020: AED 120,000 a yearRenewal, June 2021: AED 120,000 a yearRenewal, June 2022: AED 130,000 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 7702 sits

All 255 2-beds →

7702 last sold in December 2016 at AED 2,840 per sqft, 6% above what two-beds in Damac Heights were fetching at the time (AED 2,680). 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. 7702's AED 130,000 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 77th floor

All 641 units in Damac Heights
Value
77013-bedAED 3.05M · Feb 2023
77032-bedAED 3.1M · Jul 2026
77043-bedAED 4.37M · Apr 2017

7702, Damac Heights in numbers

  • Sold once: by DAMAC on 14 December 2016 for AED 4,617,250, or AED 2,840 per sqft.
  • Rented since June 2020 on 3 Ejari contracts, from AED 120,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2016 price is 2.8%, before a service charge of about AED 26,300 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 28 June 2022.

Questions about 7702, Damac Heights

What did unit 7702 last sell for?

AED 4,617,250 on 14 December 2016, sold by the developer: AED 2,840 per sqft for 1,626 sqft. It is the only registered sale of the unit.

What is the rent for unit 7702?

AED 130,000 a year on the contract renewed on 28 June 2022. The previous contract, from June 2021, was AED 120,000; the unit has been rented since June 2020.

How big is unit 7702?

1,626 sqft (151.1 sqm): a two-bedroom apartment on the 77th floor of a 84-storey tower completed in 2018.

What is unit 7702 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 7702, Damac Heights

Starts from the last sale price (AED 4.62M, 14 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,617,250
Deposit, UAE resident (20%)
AED 923,450
Deposit, non-resident (40%)
AED 1,846,900
Monthly over 25 years at 3.7%
AED 18,891

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