1-bed · 848 sqftDamac Heights, Dubai Marina · 11th floor · completed 2018

1103, Damac Heights

Sold prices and rental history: sold twice, last in September 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 1.2M30 September 2018
Current rentAED 120K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Damac Heights

What is 1103 worth today?

Last sold for AED 1,200,000 in 2018

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1 Aug 2023RentedNew contract
AED 120,000/yr12 months · AED 142 per sqft
19 Mar 2022RentedNew contract
AED 96,000/yr12 months · AED 113 per sqft
30 Sep 2018SoldReady
AED 1,200,000AED 1,415 per sqft
13 Feb 2012Sold by developerOff-plan
AED 1,169,168AED 1,379 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2023.

Key facts

Type
1-bed apartment
Size
848 sqft
Floor
11th of 84
Parking
B5-49
Developer
DAMAC
Completed
2018
Service charge
AED 13,700 /yr
Last sold
AED 1.2M · September 2018

About 1103, Damac Heights

1103 is a one-bedroom apartment of 848 sqft on the 11th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 30 September 2018 for AED 1,200,000, or AED 1,415 per sqft, 29% below the AED 1,997 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 August 2023, is AED 120,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 13,700 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical one-bed in Damac Heights
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 2,038,500; 2012 AED 1,154,750; 2013 AED 2,178,700; 2014 AED 2,109,950; 2015 AED 2,063,700; 2016 AED 2,081,150; 2017 AED 1,832,500; 2018 AED 1,515,016; 2019 AED 1,300,000; 2020 AED 1,100,000; 2021 AED 1,403,841; 2022 AED 1,550,000; 2023 AED 1,700,000; 2024 AED 1,855,000; 2025 AED 1,890,000Sold by developer, February 2012: AED 1,169,168 (AED 1,379 per sqft)Sold, September 2018: AED 1,200,000 (AED 1,415 per sqft)

1103 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, 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 78,000; 2022 AED 90,000; 2023 AED 103,950; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 114,200New contract, March 2022: AED 96,000 a yearNew contract, August 2023: AED 120,000 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 1103 sits

All 271 1-beds →

1103 last sold in September 2018 at AED 1,415 per sqft, 29% below what one-beds in Damac Heights were fetching at the time (AED 1,997). Over the last 12 months one-beds sold for AED 1,132,000 to 2,373,731, around AED 2,027 per sqft, and rent for AED 93,000 to 155,000 a year. 1103's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20262,250,000
19 Jan 20261,800,000
10 Dec 20252,300,000
17 Jul 20251,835,000
6 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. 10 sold in the last 12 months.

Typical price per sqft
AED 2,003 Up 0.7%
Typical sale
AED 2.28M
Typical rent
AED 138K /yr
Typical yield
6.3%
Damac Heights, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 641 units in Damac Heights
Value
11011-bedAED 2.98M · Jun 2013
11021-bedAED 1.55M · Feb 2022
11041-bedAED 1.58M · Nov 2024
11052-bedAED 2.91M · Jul 2024
11062-bedAED 2.58M · May 2017
11072-bedAED 1.89M · Aug 2021
11081-bedAED 1.96M · Apr 2016
1–7 of 9

1103, Damac Heights in numbers

  • Sold twice: first on 13 February 2012 for AED 1,169,168, last on 30 September 2018 for AED 1,200,000 (AED 1,415 per sqft).
  • Rented since March 2022 on 2 Ejari contracts, from AED 96,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2018 price is 10.0%, before a service charge of about AED 13,700 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 2,003 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2023.

Questions about 1103, Damac Heights

What did unit 1103 last sell for?

AED 1,200,000 on 30 September 2018: AED 1,415 per sqft for 848 sqft. The unit has 2 registered sales; the first was AED 1,169,168 in February 2012.

What is the rent for unit 1103?

AED 120,000 a year on the contract signed on 1 August 2023. The previous contract, from March 2022, was AED 96,000.

How big is unit 1103?

848 sqft (78.8 sqm): a one-bedroom apartment on the 11th floor of a 84-storey tower completed in 2018.

What is unit 1103 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 2,027 per sqft.

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Mortgage on 1103, Damac Heights

Starts from the last sale price (AED 1.2M, 30 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →