1605, Damac Heights
Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, Damac Heights
What is 1605 worth today?
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Source: Dubai Land Department. Updated 10 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 737 sqft
- Floor
- 16th of 84
- Parking
- B4-29
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 11,900 /yr
- Last sold
- AED 2.67M · March 2017
- Building
- Damac Heights
About 1605, Damac Heights
1605 is a two-bedroom apartment of 737 sqft on the 16th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 9 March 2017 for AED 2,673,000, or AED 1,813 per sqft, 29% below the AED 2,548 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 10 September 2024, is AED 2,000 a year: a gross yield of 0.1% on the 2017 price, before the service charge of about AED 11,900 a year.
Sales and rents for 1605 over time
1605 has sold once; the dashed line is the two-bed median of each year in the building.
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 1605 sits
All 245 2-beds →1605 last sold in March 2017 at AED 1,813 per sqft, 29% below what two-beds in Damac Heights were fetching at the time (AED 2,548). Over the last 12 months two-beds sold for AED 1,437,480 to 3,335,000, around AED 1,870 per sqft, and rent for AED 140,000 to 300,000 a year. 1605's AED 2,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jul 202517 July 2025 | 1,399 sqft | 3,200,000 | 2,287 | ||
| 11 Jun 202511 June 2025 | 1,298 sqft | 2,400,000 | 1,849 | ||
| 3 Jun 20253 June 2025 | 2,098 sqft | 3,700,000 | 1,763 | ||
| 25 May 202525 May 2025 | 27 sqft | 20,000 | 731 |
Damac Heights
Building641 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%
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 | ||
| 1604 | 1-bed | 874 sqft | AED 1.55MAED 1,550,000 · Feb 2024February 2024 | 114,692 /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 |
1605, Damac Heights in numbers
- Sold once: by DAMAC on 9 March 2017 for AED 2,673,000, or AED 1,813 per sqft.
- Rented since March 2020 on 4 Ejari contracts, from AED 125,000 to AED 2,000 a year.
- At AED 2,000 a year the gross yield on the 2017 price is 0.1%, before a service charge of about AED 11,900 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 2,003 per sqft.
Source: Dubai Land Department. Updated 10 September 2024.
Questions about 1605, Damac Heights
What did unit 1605 last sell for?
AED 2,673,000 on 9 March 2017, sold by the developer: AED 1,813 per sqft for 737 sqft. It is the only registered sale of the unit.
What is the rent for unit 1605?
AED 2,000 a year on the contract signed on 10 September 2024. The previous contract, from December 2022, was AED 135,000; the unit has been rented since March 2020.
How big is unit 1605?
737 sqft (68.5 sqm): a two-bedroom apartment on the 16th floor of a 84-storey tower completed in 2018.
What is unit 1605 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 1,870 per sqft.
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Mortgage on 1605, Damac Heights
Starts from the last sale price (AED 2.67M, 9 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,673,000
- Deposit, UAE resident (20%)
- AED 534,600
- Deposit, non-resident (40%)
- AED 1,069,200
- Monthly over 25 years at 3.7%
- AED 10,936
Plus AED 117,276 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →