1-bed · 963 sqftDamac Heights, Dubai Marina · 22nd floor · completed 2018

2209, Damac Heights

Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2209 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.6M15 May 2023
Current rentAED 140K /yr31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2209, Damac Heights

What is 2209 worth today?

Last sold for AED 1,600,000 in 2023

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31 May 2024RentedNew contract
AED 140,000/yr12 months · AED 146 per sqft
3 Sep 2023RentedNew contract
AED 82,164/yr8 months · AED 86 per sqft
15 May 2023SoldReady
AED 1,600,000AED 1,661 per sqft
3 Sep 2022RentedRenewal
AED 82,500/yr12 months · AED 86 per sqft
3 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
1 Sep 2019RentedRenewal
AED 90,000/yr12 months · AED 94 per sqft
1 Sep 2018RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
21 Jun 2018SoldReady
AED 1,510,000AED 1,568 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
1-bed apartment
Size
963 sqft
Floor
22nd of 84
Parking
B3-23
Developer
DAMAC
Completed
2018
Service charge
AED 15,600 /yr
Last sold
AED 1.6M · May 2023

About 2209, Damac Heights

2209 is a one-bedroom apartment of 963 sqft on the 22nd floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 15 May 2023 for AED 1,600,000, or AED 1,661 per sqft, 8% below the AED 1,804 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 31 May 2024, is AED 140,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 15,600 a year.

Sales and rents for 2209 over time

Sales
Unit 2209, 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 1,908,765 (AED 1,982 per sqft)Sold, February 2018: AED 1,260,000 (AED 1,308 per sqft)Sold, June 2018: AED 1,510,000 (AED 1,568 per sqft)Sold, May 2023: AED 1,600,000 (AED 1,661 per sqft)

2209 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2209, each contractTypical one-bed in Damac Heights
100K150K2018202120242027Typical 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 90,000 a yearRenewal, September 2019: AED 90,000 a yearNew contract, September 2020: AED 75,000 a yearRenewal, September 2022: AED 82,500 a yearNew contract, September 2023: AED 82,164 a yearNew contract, May 2024: AED 140,000 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 2209 sits

All 271 1-beds →

2209 last sold in May 2023 at AED 1,661 per sqft, 8% below what one-beds in Damac Heights were fetching at the time (AED 1,804). 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. 2209's AED 140,000 is in the upper 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
7 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. 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 22nd floor

All 641 units in Damac Heights
Value
22012-bedAED 3.22M · Jun 2015
22021-bedAED 1.98M · Dec 2015
22031-bedAED 1.82M · May 2016
22041-bedAED 1.3M · Jan 2023
22052-bedAED 3.4M · Nov 2024
22062-bedAED 3.05M · Jul 2024
22072-bedAED 3.28M · Feb 2025
1–7 of 9

2209, Damac Heights in numbers

  • Sold 4 times: first on 10 March 2015 for AED 1,908,765, last on 15 May 2023 for AED 1,600,000 (AED 1,661 per sqft).
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2020 and recovered to AED 140,000 by May 2024.
  • At AED 140,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 15,600 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 31 May 2024.

Questions about 2209, Damac Heights

What did unit 2209 last sell for?

AED 1,600,000 on 15 May 2023: AED 1,661 per sqft for 963 sqft. The unit has 4 registered sales; the first was AED 1,908,765 in March 2015.

What is the rent for unit 2209?

AED 140,000 a year on the contract signed on 31 May 2024. The previous contract, from September 2023, was AED 82,164; the unit has been rented since September 2018.

How big is unit 2209?

963 sqft (89.5 sqm): a one-bedroom apartment on the 22nd floor of a 84-storey tower completed in 2018.

What is unit 2209 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 2209, Damac Heights

Starts from the last sale price (AED 1.6M, 15 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →