2-bed · 1,398 sqftDamac Heights, Dubai Marina · 35th floor · completed 2018

3506, Damac Heights

Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3506 · DLD and Ejari recordsUpdated 4 August 2023
Last soldAED 3.89M20 April 2015
Current rentAED 140K /yr4 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3506, Damac Heights

What is 3506 worth today?

Last sold for AED 3,890,250 in 2015

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4 Aug 2023RentedRenewal
AED 140,000/yr12 months · AED 95 per sqft
4 Aug 2022RentedNew contract
AED 140,000/yr12 months · AED 95 per sqft
1 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 68 per sqft
10 Nov 2018RentedNew contract
AED 140,000/yr12 months · AED 95 per sqft
20 Apr 2015Sold by developerOff-plan
AED 3,890,250AED 2,782 per sqft

Source: Dubai Land Department. Updated 4 August 2023.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
35th of 84
Parking
B2-64
Developer
DAMAC
Completed
2018
Service charge
AED 22,600 /yr
Last sold
AED 3.89M · April 2015

About 3506, Damac Heights

3506 is a two-bedroom apartment of 1,398 sqft on the 35th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 20 April 2015 for AED 3,890,250, or AED 2,782 per sqft, 4% above the AED 2,672 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 4 August 2023, is AED 140,000 a year: a gross yield of 3.6% on the 2015 price, before the service charge of about AED 22,600 a year.

Sales and rents for 3506 over time

Sales
Unit 3506, 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, April 2015: AED 3,890,250 (AED 2,782 per sqft)

3506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3506, each contractTypical two-bed in Damac Heights
100K150K2018202120242027Typical 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, November 2018: AED 140,000 a yearNew contract, October 2020: AED 100,000 a yearNew contract, August 2022: AED 140,000 a yearRenewal, August 2023: AED 140,000 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 3506 sits

All 245 2-beds →

3506 last sold in April 2015 at AED 2,782 per sqft, 4% above what two-beds in Damac Heights were fetching at the time (AED 2,672). 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. 3506's AED 140,000 is at the bottom 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
2 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. 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%
Damac Heights, Dubai Marina: prices, sales and rents →

Other units on the 35th floor

All 641 units in Damac Heights
Value
3501AED 2.4M · Sep 2025
35021-bedAED 2.1M · Jul 2016
35031-bedAED 750K · Aug 2019
35041-bedAED 1.1M · Mar 2021
35053-bedAED 2.76M · Dec 2020
35072-bedAED 4.21M · Sep 2013
35081-bedAED 1.81M · Mar 2024
1–7 of 9

3506, Damac Heights in numbers

  • Sold once: by DAMAC on 20 April 2015 for AED 3,890,250, or AED 2,782 per sqft.
  • Rented since November 2018 on 4 Ejari contracts. The rent fell from AED 140,000 to AED 100,000 in 2020 and recovered to AED 140,000 by August 2023.
  • At AED 140,000 a year the gross yield on the 2015 price is 3.6%, before a service charge of about AED 22,600 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 4 August 2023.

Questions about 3506, Damac Heights

What did unit 3506 last sell for?

AED 3,890,250 on 20 April 2015, sold by the developer: AED 2,782 per sqft for 1,398 sqft. It is the only registered sale of the unit.

What is the rent for unit 3506?

AED 140,000 a year on the contract renewed on 4 August 2023. The previous contract, from August 2022, was AED 140,000; the unit has been rented since November 2018.

How big is unit 3506?

1,398 sqft (129.9 sqm): a two-bedroom apartment on the 35th floor of a 84-storey tower completed in 2018.

What is unit 3506 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 3506, Damac Heights

Starts from the last sale price (AED 3.89M, 20 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,890,250
Deposit, UAE resident (20%)
AED 778,050
Deposit, non-resident (40%)
AED 1,556,100
Monthly over 25 years at 3.7%
AED 15,916

Plus AED 168,401 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →