1-bed · 848 sqftDamac Heights, Dubai Marina · 12th floor · completed 2018

12A03, Damac Heights

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A03 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.89M24 August 2016
Current rentAED 105K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 12A03, Damac Heights

What is 12A03 worth today?

Last sold for AED 1,894,232 in 2016

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1 May 2025RentedNew contract
AED 105,292/yr12 months · AED 124 per sqft
7 Aug 2024RentedNew contract
AED 104,719/yr12 months · AED 124 per sqft
10 Aug 2023RentedNew contract
AED 110,000/yr12 months · AED 129 per sqft
4 Jul 2022RentedRenewal
AED 85,000/yr13 months · AED 100 per sqft
4 Jul 2021RentedRenewal
AED 70,000/yr12 months · AED 82 per sqft
4 Jul 2020RentedRenewal
AED 70,000/yr12 months · AED 82 per sqft
4 Jul 2018RentedNew contract
AED 90,000/yr12 months · AED 106 per sqft
24 Aug 2016Sold by developerOff-plan
AED 1,894,232AED 2,234 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
848 sqft
Floor
12th of 84
Parking
B5-72
Developer
DAMAC
Completed
2018
Service charge
AED 13,700 /yr
Last sold
AED 1.89M · August 2016

About 12A03, Damac Heights

12A03 is a one-bedroom apartment of 848 sqft on the 12th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 24 August 2016 for AED 1,894,232, or AED 2,234 per sqft, in line with the AED 2,234 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 May 2025, is AED 105,292 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 13,700 a year.

Sales and rents for 12A03 over time

Sales
Unit 12A03, 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, August 2016: AED 1,894,232 (AED 2,234 per sqft)

12A03 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 12A03, 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, July 2018: AED 90,000 a yearRenewal, July 2020: AED 70,000 a yearRenewal, July 2021: AED 70,000 a yearRenewal, July 2022: AED 85,000 a yearNew contract, August 2023: AED 110,000 a yearNew contract, August 2024: AED 104,719 a yearNew contract, May 2025: AED 105,292 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 12A03 sits

All 271 1-beds →

12A03 last sold in August 2016 at AED 2,234 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 2,234). 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. 12A03's AED 105,292 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 12th floor

All 641 units in Damac Heights
Value
12011-bedAED 2.42M · Jan 2025
12021-bedAED 1.09M · Jan 2021
12031-bedAED 2.12M · Dec 2014
12041-bedAED 1.66M · Jun 2024
12052-bedAED 3.68M · Apr 2015
12062-bedAED 4.1M · Aug 2014
12072-bedAED 3.44M · Jun 2015
1–7 of 19

12A03, Damac Heights in numbers

  • Sold once: by DAMAC on 24 August 2016 for AED 1,894,232, or AED 2,234 per sqft.
  • Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2021 and recovered to AED 105,292 by May 2025.
  • At AED 105,292 a year the gross yield on the 2016 price is 5.6%, 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: Dubai Land Department. Updated 1 May 2025.

Questions about 12A03, Damac Heights

What did unit 12A03 last sell for?

AED 1,894,232 on 24 August 2016, sold by the developer: AED 2,234 per sqft for 848 sqft. It is the only registered sale of the unit.

What is the rent for unit 12A03?

AED 105,292 a year on the contract signed on 1 May 2025. The previous contract, from August 2024, was AED 104,719; the unit has been rented since July 2018.

How big is unit 12A03?

848 sqft (78.8 sqm): a one-bedroom apartment on the 12th floor of a 84-storey tower completed in 2018.

What is unit 12A03 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 12A03, Damac Heights

Starts from the last sale price (AED 1.89M, 24 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,894,232
Deposit, UAE resident (20%)
AED 378,846
Deposit, non-resident (40%)
AED 757,693
Monthly over 25 years at 3.7%
AED 7,750

Plus AED 84,567 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →