2-bed · 1,254 sqftDamac Heights, Dubai Marina · 16th floor · completed 2018

1601, Damac Heights

Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 3.1M9 April 2018
Current rentAED 155K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Damac Heights

What is 1601 worth today?

Last sold for AED 3,100,800 in 2018

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1 Aug 2025RentedNew contract
AED 155,000/yr12 months · AED 123 per sqft
31 Jul 2024RentedNew contract
AED 155,000/yr12 months · AED 124 per sqft
10 Feb 2023RentedNew contract
AED 200,000/yr12 months · AED 159 per sqft
8 Jan 2022RentedNew contract
AED 145,000/yr12 months · AED 115 per sqft
27 May 2021RentedNew contract
AED 130,000/yr13 months · AED 103 per sqft
24 Apr 2020RentedRenewal
AED 130,000/yr12 months · AED 103 per sqft
24 Apr 2019RentedNew contract
AED 130,000/yr12 months · AED 103 per sqft
9 Apr 2018SoldOff-plan
AED 3,100,800AED 2,472 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,254 sqft
Floor
16th of 84
Parking
B4-26
Developer
DAMAC
Completed
2018
Service charge
AED 20,300 /yr
Last sold
AED 3.1M · April 2018

About 1601, Damac Heights

1601 is a two-bedroom apartment of 1,254 sqft on the 16th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 9 April 2018 for AED 3,100,800, or AED 2,472 per sqft, 24% above the AED 2,001 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 1 August 2025, is AED 155,000 a year: a gross yield of 5.0% on the 2018 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Damac Heights
2M3M4M2009201420192024Typical sale price by year: 2009 AED 3,238,250; 2011 AED 1,937,100; 2012 AED 2,284,200; 2013 AED 3,447,450; 2014 AED 3,887,950; 2015 AED 3,500,000; 2016 AED 3,500,000; 2017 AED 2,927,386; 2018 AED 3,231,500; 2019 AED 2,704,000; 2020 AED 2,170,000; 2021 AED 2,249,700; 2022 AED 2,381,014; 2023 AED 2,600,000; 2024 AED 2,825,000; 2025 AED 2,736,250Sold by developer, December 2013: AED 3,100,800 (AED 2,472 per sqft)Sold, April 2018: AED 3,100,800 (AED 2,472 per sqft)

1601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Damac Heights
100K150K200K2018202120242027Typical rent by year: 2018 AED 138,500; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 140,000; 2023 AED 170,000; 2024 AED 175,978; 2025 AED 180,000; 2026 AED 177,626New contract, April 2019: AED 130,000 a yearRenewal, April 2020: AED 130,000 a yearNew contract, May 2021: AED 130,000 a yearNew contract, January 2022: AED 145,000 a yearNew contract, February 2023: AED 200,000 a yearNew contract, July 2024: AED 155,000 a yearNew contract, August 2025: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Damac Heights, and where 1601 sits

All 245 2-beds →

1601 last sold in April 2018 at AED 2,472 per sqft, 24% above what two-beds in Damac Heights were fetching at the time (AED 2,001). Over the last 12 months two-beds sold for AED 1,437,480 to 3,335,000, around AED 1,969 per sqft, and rent for AED 140,000 to 300,000 a year. 1601's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jul 20253,200,000
11 Jun 20252,400,000
3 Jun 20253,700,000
25 May 202520,000
4 2-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. 13 sold in the last 12 months.

Typical price per sqft
AED 2,025 Up 1.9%
Typical sale
AED 2.3M
Typical rent
AED 140K /yr
Typical yield
6.2%
Damac Heights, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 641 units in Damac Heights
Value
16021-bedAED 2.04M · Apr 2016
16031-bedAED 1.58M · Mar 2024
16041-bedAED 1.55M · Feb 2024
16052-bedAED 2.67M · Mar 2017
16062-bedAED 3.04M · Nov 2019
16072-bedAED 3.83M · Jan 2016
16081-bedAED 2.1M · May 2014
1–7 of 9

1601, Damac Heights in numbers

  • Sold twice: first on 18 December 2013 for AED 3,100,800, last on 9 April 2018 for AED 3,100,800 (AED 2,472 per sqft).
  • Rented since April 2019 on 7 Ejari contracts, from AED 130,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2018 price is 5.0%, before a service charge of about AED 20,300 a year (AED 16.18 per sqft).
  • Two-beds in Damac Heights sold for AED 1,437,480–3,335,000 in the 12 months to November 2026; the building's median across all types is AED 2,025 per sqft.

Source: Dubai Land Department. Updated 1 August 2025.

Questions about 1601, Damac Heights

What did unit 1601 last sell for?

AED 3,100,800 on 9 April 2018: AED 2,472 per sqft for 1,254 sqft. The unit has 2 registered sales; the first was AED 3,100,800 in December 2013.

What is the rent for unit 1601?

AED 155,000 a year on the contract signed on 1 August 2025. The previous contract, from July 2024, was AED 155,000; the unit has been rented since April 2019.

How big is unit 1601?

1,254 sqft (116.5 sqm): a two-bedroom apartment on the 16th floor of a 84-storey tower completed in 2018.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Damac Heights sold for AED 1,437,480 to 3,335,000 in the last 12 months, around AED 1,969 per sqft.

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Mortgage on 1601, Damac Heights

Starts from the last sale price (AED 3.1M, 9 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,800
Deposit, UAE resident (20%)
AED 620,160
Deposit, non-resident (40%)
AED 1,240,320
Monthly over 25 years at 3.7%
AED 12,686

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