1604, Damac Heights
Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Damac Heights
What is 1604 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 874 sqft
- Floor
- 16th of 84
- Parking
- B4-28
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 14,100 /yr
- Last sold
- AED 1.55M · February 2024
- Building
- Damac Heights
About 1604, Damac Heights
1604 is a one-bedroom apartment of 874 sqft on the 16th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 22 February 2024 for AED 1,550,000, or AED 1,774 per sqft, 5% below the AED 1,861 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 August 2024, is AED 114,692 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 14,100 a year.
Sales and rents for 1604 over time
1604 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1604 sits
All 271 1-beds →1604 last sold in February 2024 at AED 1,774 per sqft, 5% below what one-beds in Damac Heights were fetching at the time (AED 1,861). Over the last 12 months one-beds sold for AED 1,132,000 to 2,373,731, around AED 2,029 per sqft, and rent for AED 93,000 to 155,000 a year. 1604's AED 114,692 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 952 sqft | 2,250,000 | 2,364 | ||
| 19 Jan 202619 January 2026 | 887 sqft | 1,800,000 | 2,029 | ||
| 10 Dec 202510 December 2025 | 950 sqft | 2,300,000 | 2,419 | ||
| 17 Jul 202517 July 2025 | 832 sqft | 1,835,000 | 2,205 |
Damac Heights
Building641 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%
Other units on the 16th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,254 sqft | AED 3.1MAED 3,100,800 · Apr 2018April 2018 | 155,000 /yr | |
| 1602 | 1-bed | 856 sqft | AED 2.04MAED 2,037,800 · Apr 2016April 2016 | ||
| 1603 | 1-bed | 848 sqft | AED 1.58MAED 1,575,000 · Mar 2024March 2024 | ||
| 1605 | 2-bed | 737 sqft | AED 2.67MAED 2,673,000 · Mar 2017March 2017 | 2,000 /yr | |
| 1606 | 2-bed | 1,597 sqft | AED 3.04MAED 3,043,000 · Nov 2019November 2019 | ||
| 1607 | 2-bed | 1,193 sqft | AED 3.83MAED 3,829,000 · Jan 2016January 2016 | 155,000 /yr | |
| 1608 | 1-bed | 929 sqft | AED 2.1MAED 2,098,000 · May 2014May 2014 | 100,000 /yr | |
| 1609 | 1-bed | 965 sqft | AED 2.07MAED 2,068,992 · Mar 2015March 2015 | 95,000 /yr | |
| 1610 | 2-bed | 1,516 sqft | AED 2.18MAED 2,180,000 · May 2020May 2020 |
1604, Damac Heights in numbers
- Sold 3 times: first on 11 April 2016 for AED 1,810,000, last on 22 February 2024 for AED 1,550,000 (AED 1,774 per sqft).
- Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 83,000 to AED 66,000 in 2021 and recovered to AED 114,692 by August 2024.
- At AED 114,692 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 14,100 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 2,025 per sqft.
Source: Dubai Land Department. Updated 1 August 2024.
Questions about 1604, Damac Heights
What did unit 1604 last sell for?
AED 1,550,000 on 22 February 2024: AED 1,774 per sqft for 874 sqft. The unit has 3 registered sales; the first was AED 1,810,000 in April 2016.
What is the rent for unit 1604?
AED 114,692 a year on the contract signed on 1 August 2024. The previous contract, from October 2023, was AED 72,710; the unit has been rented since August 2018.
How big is unit 1604?
874 sqft (81.2 sqm): a one-bedroom apartment on the 16th floor of a 84-storey tower completed in 2018.
What is unit 1604 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 2,029 per sqft.
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Mortgage on 1604, Damac Heights
Starts from the last sale price (AED 1.55M, 22 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →