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2-bed · 1,764 sqftDamac Heights, Dubai Marina · 24th floor · completed 2018

2405, Damac Heights

Sold prices and rental history: sold 3 times, last in February 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 19 February 2019
Last soldAED 2.24M19 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2405, Damac Heights

What is 2405 worth today?

Last sold for AED 2,238,700 in 2019

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19 Feb 2019SoldReady
AED 2,238,700AED 1,268 per sqft
17 Nov 2015SoldOff-plan
AED 1,600,000AED 1,019 per sqft
5 Aug 2009Sold by developerOff-plan
AED 3,324,050AED 1,884 per sqft

Source: Dubai Land Department. Updated 19 February 2019.

Key facts

Type
2-bed apartment
Size
1,764 sqft
Floor
24th of 84
Parking
B3-38
Developer
DAMAC
Completed
2018
Service charge
AED 28,500 /yr
Last sold
AED 2.24M · February 2019
Building
Damac Heights

About 2405, Damac Heights

2405 is a two-bedroom apartment of 1,764 sqft on the 24th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 19 February 2019 for AED 2,238,700, or AED 1,268 per sqft, 37% below the AED 2,022 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical two-bed in Damac Heights
2M4M2009201420192024Typical 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, August 2009: AED 3,324,050 (AED 1,884 per sqft)Sold, November 2015: AED 1,600,000 (AED 1,019 per sqft)Sold, February 2019: AED 2,238,700 (AED 1,268 per sqft)

2405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, each contractTypical two-bed in Damac Heights
150K2018202120242027Typical 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 177,626

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 2405 sits

All 245 2-beds →

2405 last sold in February 2019 at AED 1,268 per sqft, 37% below what two-beds in Damac Heights were fetching at the time (AED 2,022). 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.

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 24th floor

All 641 units in Damac Heights
Value
24012-bedAED 3.04M · Jan 2017
24021-bedAED 1.55M · Nov 2021
24031-bedAED 1.7M · Feb 2025
24041-bedAED 1.25M · Nov 2021
24062-bedAED 2.2M · May 2022
24072-bedAED 2.19M · Jan 2021
24081-bedAED 1.55M · Oct 2022
1–7 of 9

2405, Damac Heights in numbers

  • Sold 3 times: first on 5 August 2009 for AED 3,324,050, last on 19 February 2019 for AED 2,238,700 (AED 1,268 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 19 February 2019.

Questions about 2405, Damac Heights

What did unit 2405 last sell for?

AED 2,238,700 on 19 February 2019: AED 1,268 per sqft for 1,764 sqft. The unit has 3 registered sales; the first was AED 3,324,050 in August 2009.

How big is unit 2405?

1,764 sqft (163.9 sqm): a two-bedroom apartment on the 24th floor of a 84-storey tower completed in 2018.

What is unit 2405 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 2405, Damac Heights

Starts from the last sale price (AED 2.24M, 19 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,238,700
Deposit, UAE resident (20%)
AED 447,740
Deposit, non-resident (40%)
AED 895,480
Monthly over 25 years at 3.7%
AED 9,159

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