1-bed · 875 sqftDamac Heights, Dubai Marina · 12th floor · completed 2018

12A04, Damac Heights

Sold prices and rental history: sold once, by the developer in March 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A04 · DLD and Ejari recordsUpdated 10 November 2023
Last soldAED 1.73M5 March 2015
Current rentAED 105K /yr10 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 12A04, Damac Heights

What is 12A04 worth today?

Last sold for AED 1,725,570 in 2015

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10 Nov 2023RentedNew contract
AED 105,000/yr12 months · AED 120 per sqft
1 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
20 Sep 2018RentedNew contract
AED 85,000/yr12 months · AED 97 per sqft
5 Mar 2015Sold by developerOff-plan
AED 1,725,570AED 1,973 per sqft

Source: Dubai Land Department. Updated 10 November 2023.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
12th of 84
Parking
B5-73
Developer
DAMAC
Completed
2018
Service charge
AED 14,200 /yr
Last sold
AED 1.73M · March 2015

About 12A04, Damac Heights

12A04 is a one-bedroom apartment of 875 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 5 March 2015 for AED 1,725,570, or AED 1,973 per sqft, 16% below the AED 2,352 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 10 November 2023, is AED 105,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 14,200 a year.

Sales and rents for 12A04 over time

Sales
Unit 12A04, 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, March 2015: AED 1,725,570 (AED 1,973 per sqft)

12A04 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 12A04, 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, September 2018: AED 85,000 a yearNew contract, October 2022: AED 90,000 a yearNew contract, November 2023: AED 105,000 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 12A04 sits

All 271 1-beds →

12A04 last sold in March 2015 at AED 1,973 per sqft, 16% below what one-beds in Damac Heights were fetching at the time (AED 2,352). 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. 12A04's AED 105,000 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 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

12A04, Damac Heights in numbers

  • Sold once: by DAMAC on 5 March 2015 for AED 1,725,570, or AED 1,973 per sqft.
  • Rented since September 2018 on 3 Ejari contracts, from AED 85,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 14,200 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 10 November 2023.

Questions about 12A04, Damac Heights

What did unit 12A04 last sell for?

AED 1,725,570 on 5 March 2015, sold by the developer: AED 1,973 per sqft for 875 sqft. It is the only registered sale of the unit.

What is the rent for unit 12A04?

AED 105,000 a year on the contract signed on 10 November 2023. The previous contract, from October 2022, was AED 90,000; the unit has been rented since September 2018.

How big is unit 12A04?

875 sqft (81.3 sqm): a one-bedroom apartment on the 12th floor of a 84-storey tower completed in 2018.

What is unit 12A04 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 12A04, Damac Heights

Starts from the last sale price (AED 1.73M, 5 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,570
Deposit, UAE resident (20%)
AED 345,114
Deposit, non-resident (40%)
AED 690,228
Monthly over 25 years at 3.7%
AED 7,060

Plus AED 77,484 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →