2-bed · 1,274 sqftDamac Bay - Tower A, Dubai Harbour · 4th floor · due 2027

407, Damac Bay - Tower A

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 3.9M20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Damac Bay - Tower A

What is 407 worth today?

Last sold for AED 3,900,000 in 2024

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20 Nov 2024SoldOff-plan
AED 3,900,000AED 3,060 per sqft
23 May 2023Sold by developerOff-plan
AED 4,400,000AED 3,403 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
4th of 46
Parking
1
Developer
DAMAC
Completion due
2027
Last sold
AED 3.9M · November 2024

About 407, Damac Bay - Tower A

407 is a two-bedroom apartment of 1,274 sqft on the 4th floor of Damac Bay - Tower A, a 46-storey tower in Dubai Harbour due for completion in 2027 by DAMAC. It last sold on 20 November 2024 for AED 3,900,000, or AED 3,060 per sqft, 31% below the AED 4,439 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Damac Bay - Tower A
5M7.5M2023202420252026Typical sale price by year: 2023 AED 5,122,845; 2024 AED 6,971,520; 2025 AED 9,013,000Sold by developer, May 2023: AED 4,400,000 (AED 3,403 per sqft)Sold, November 2024: AED 3,900,000 (AED 3,060 per sqft)

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

2-beds in Damac Bay - Tower A, and where 407 sits

All 80 2-beds →

407 last sold in November 2024 at AED 3,060 per sqft, 31% below what two-beds in Damac Bay - Tower A were fetching at the time (AED 4,439). Over the last 12 months two-beds sold for AED 4,866,000, around AED 3,456 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jan 20264,866,000
10 Jul 20259,204,000
28 Apr 20259,013,000
20 Jan 20254,454,720
1 2-bed sale in the last 12 months

Damac Bay - Tower A

Building

344 apartments, 1-bed to 5-bed over 46 floors in Dubai Harbour, due for completion in 2027 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 3,415
Typical sale
AED 4M
Typical rent
Few contracts
Typical yield
Damac Bay - Tower A, Dubai Harbour: prices, sales and rents →

Other units on the 4th floor

All 344 units in Damac Bay - Tower A
Value
4012-bedAED 5.56M · Sep 2023
4021-bedAED 2.9M · May 2023
4031-bedAED 2.9M · May 2023
4041-bedAED 3.16M · May 2023
4051-bedAED 3.32M · May 2023
4061-bedAED 3.13M · May 2023
4083-bedAED 6.4M · May 2023
1–7 of 8

407, Damac Bay - Tower A in numbers

  • Sold twice: first on 23 May 2023 for AED 4,400,000, last on 20 November 2024 for AED 3,900,000 (AED 3,060 per sqft).
  • Two-beds in Damac Bay - Tower A sold for AED 4,866,000–4,866,000 in the 12 months to November 2026; the building's median across all types is AED 3,415 per sqft.

Source: Dubai Land Department. Updated 20 November 2024.

Questions about 407, Damac Bay - Tower A

What did unit 407 last sell for?

AED 3,900,000 on 20 November 2024: AED 3,060 per sqft for 1,274 sqft. The unit has 2 registered sales; the first was AED 4,400,000 in May 2023.

How big is unit 407?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 4th floor of a 46-storey tower due for completion in 2027.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Damac Bay - Tower A sold for AED 4,866,000 to 4,866,000 in the last 12 months, around AED 3,456 per sqft.

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Mortgage on 407, Damac Bay - Tower A

Starts from the last sale price (AED 3.9M, 20 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

Plus AED 168,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →