3-bed · 2,049 sqftDamac Heights, Dubai Marina · 79th floor · completed 2018

7901, Damac Heights

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7901 · DLD and Ejari recordsUpdated 26 July 2024
Last soldAED 4.24M26 July 2024
Current rentAED 170K /yr27 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7901, Damac Heights

What is 7901 worth today?

Last sold for AED 4,242,989 in 2024

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26 Jul 2024SoldReady
AED 4,242,989AED 2,071 per sqft
27 Jan 2023RentedRenewal
AED 170,000/yr24 months · AED 83 per sqft
27 Jan 2021RentedRenewal
AED 160,000/yr24 months · AED 78 per sqft
27 Jan 2020RentedRenewal
AED 170,000/yr12 months · AED 83 per sqft
27 Jan 2019RentedNew contract
AED 180,000/yr12 months · AED 88 per sqft
20 Dec 2015Sold by developerOff-plan
AED 6,225,000AED 3,038 per sqft

Source: Dubai Land Department. Updated 26 July 2024.

Key facts

Type
3-bed apartment
Size
2,049 sqft
Floor
79th of 84
Parking
P3-63 , P3-T4
Developer
DAMAC
Completed
2018
Service charge
AED 33,100 /yr
Last sold
AED 4.24M · July 2024

About 7901, Damac Heights

7901 is a three-bedroom apartment of 2,049 sqft on the 79th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 26 July 2024 for AED 4,242,989, or AED 2,071 per sqft, 10% above the AED 1,877 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 27 January 2023, is AED 170,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 7901 over time

Sales
Unit 7901, each saleTypical three-bed in Damac Heights
2M4M6M2013201720212025Typical sale price by year: 2013 AED 4,900,025; 2014 AED 6,334,750; 2015 AED 5,707,000; 2017 AED 3,875,938; 2018 AED 4,794,500; 2019 AED 4,256,000; 2020 AED 3,108,680; 2021 AED 2,482,715; 2022 AED 3,133,000; 2023 AED 3,050,000; 2024 AED 3,650,000; 2025 AED 3,925,175; 2026 AED 3,700,000Sold by developer, December 2015: AED 6,225,000 (AED 3,038 per sqft)Sold, July 2024: AED 4,242,989 (AED 2,071 per sqft)

7901 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7901, each contractTypical three-bed in Damac Heights
150K200K250K2018202120242027Typical rent by year: 2018 AED 180,000; 2019 AED 180,000; 2020 AED 145,000; 2021 AED 152,500; 2022 AED 170,000; 2023 AED 211,435; 2024 AED 230,000; 2025 AED 238,000; 2026 AED 220,000New contract, January 2019: AED 180,000 a yearRenewal, January 2020: AED 170,000 a yearRenewal, January 2021: AED 160,000 a yearRenewal, January 2023: AED 170,000 a year

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 7901 sits

All 90 3-beds →

7901 last sold in July 2024 at AED 2,071 per sqft, 10% above what three-beds in Damac Heights were fetching at the time (AED 1,877). 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. 7901's AED 170,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Oct 20262,200,000
18 Sep 20263,750,000
17 Sep 20263,650,000
10 Aug 20264,501,860
10 3-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 79th floor

All 641 units in Damac Heights
Value
79022-bedAED 4.57M · Jul 2016
79032-bedAED 3.29M · Nov 2017
79043-bedAED 3.03M · Nov 2020

7901, Damac Heights in numbers

  • Sold twice: first on 20 December 2015 for AED 6,225,000, last on 26 July 2024 for AED 4,242,989 (AED 2,071 per sqft).
  • Rented since January 2019 on 4 Ejari contracts, from AED 180,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 33,100 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 July 2024.

Questions about 7901, Damac Heights

What did unit 7901 last sell for?

AED 4,242,989 on 26 July 2024: AED 2,071 per sqft for 2,049 sqft. The unit has 2 registered sales; the first was AED 6,225,000 in December 2015.

What is the rent for unit 7901?

AED 170,000 a year on the contract renewed on 27 January 2023. The previous contract, from January 2021, was AED 160,000; the unit has been rented since January 2019.

How big is unit 7901?

2,049 sqft (190.4 sqm): a three-bedroom apartment on the 79th floor of a 84-storey tower completed in 2018.

What is unit 7901 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 7901, Damac Heights

Starts from the last sale price (AED 4.24M, 26 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,242,989
Deposit, UAE resident (20%)
AED 848,598
Deposit, non-resident (40%)
AED 1,697,196
Monthly over 25 years at 3.7%
AED 17,359

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