2-bed · 1,385 sqftDamac Heights, Dubai Marina · 39th floor · completed 2018

3901, Damac Heights

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3901 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 5.96M5 August 2009
Current rentAED 160K /yr24 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3901, Damac Heights

What is 3901 worth today?

Last sold for AED 5,961,340 in 2009

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24 Oct 2024RentedRenewal
AED 160,000/yr12 months · AED 116 per sqft
24 Oct 2023RentedRenewal
AED 160,000/yr12 months · AED 115 per sqft
24 Oct 2022RentedRenewal
AED 125,000/yr12 months · AED 90 per sqft
1 Nov 2019RentedNew contract
AED 140,000/yr12 months · AED 101 per sqft
1 Nov 2018RentedNew contract
AED 140,000/yr12 months · AED 101 per sqft
5 Aug 2009Sold by developerOff-plan
AED 5,961,340AED 4,302 per sqft

Source: Dubai Land Department. Updated 24 October 2024.

Key facts

Type
2-bed apartment
Size
1,385 sqft
Floor
39th of 84
Parking
B1-17
Developer
DAMAC
Completed
2018
Service charge
AED 22,400 /yr
Last sold
AED 5.96M · August 2009

About 3901, Damac Heights

3901 is a two-bedroom apartment of 1,385 sqft on the 39th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 5 August 2009 for AED 5,961,340, or AED 4,302 per sqft, 109% above the AED 2,054 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 24 October 2024, is AED 160,000 a year: a gross yield of 2.7% on the 2009 price, before the service charge of about AED 22,400 a year.

Sales and rents for 3901 over time

Sales
Unit 3901, each saleTypical two-bed in Damac Heights
2M4M6M2009201420192024Typical 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 5,961,340 (AED 4,302 per sqft)

3901 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3901, 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 177,626New contract, November 2018: AED 140,000 a yearNew contract, November 2019: AED 140,000 a yearRenewal, October 2022: AED 125,000 a yearRenewal, October 2023: AED 160,000 a yearRenewal, October 2024: AED 160,000 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 3901 sits

All 245 2-beds →

3901 last sold in August 2009 at AED 4,302 per sqft, 109% above what two-beds in Damac Heights were fetching at the time (AED 2,054). 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. 3901's AED 160,000 is in the lower half 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
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 39th floor

All 641 units in Damac Heights
Value
39021-bedAED 2.33M · Aug 2016
39031-bedAED 1.88M · May 2014
39041-bedAED 2.09M · Aug 2014
39053-bedAED 4.36M · Jan 2021
39062-bedAED 2.34M · Sep 2022
39072-bedAED 3.25M · Oct 2023
39081-bedAED 1.26M · Feb 2019
1–7 of 9

3901, Damac Heights in numbers

  • Sold once: by DAMAC on 5 August 2009 for AED 5,961,340, or AED 4,302 per sqft.
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 125,000 in 2022 and recovered to AED 160,000 by October 2024.
  • At AED 160,000 a year the gross yield on the 2009 price is 2.7%, before a service charge of about AED 22,400 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 2,025 per sqft.

Source: Dubai Land Department. Updated 24 October 2024.

Questions about 3901, Damac Heights

What did unit 3901 last sell for?

AED 5,961,340 on 5 August 2009, sold by the developer: AED 4,302 per sqft for 1,385 sqft. It is the only registered sale of the unit.

What is the rent for unit 3901?

AED 160,000 a year on the contract renewed on 24 October 2024. The previous contract, from October 2023, was AED 160,000; the unit has been rented since November 2018.

How big is unit 3901?

1,385 sqft (128.7 sqm): a two-bedroom apartment on the 39th floor of a 84-storey tower completed in 2018.

What is unit 3901 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 3901, Damac Heights

Starts from the last sale price (AED 5.96M, 5 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 5,961,340
Deposit, UAE resident (20%)
AED 1,192,268
Deposit, non-resident (40%)
AED 2,384,536
Monthly over 25 years at 3.7%
AED 24,390

Plus AED 255,387 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →