2-bed · 1,406 sqftDamac Heights, Dubai Marina · 48th floor · completed 2018

4809, Damac Heights

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4809 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 4.01M3 December 2014
Current rentAED 195K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4809, Damac Heights

What is 4809 worth today?

Last sold for AED 4,009,500 in 2014

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25 Mar 2025RentedRenewal
AED 195,000/yr12 months · AED 139 per sqft
25 Mar 2024RentedNew contract
AED 185,000/yr12 months · AED 131 per sqft
19 Sep 2022RentedRenewal
AED 125,000/yr10 months · AED 89 per sqft
19 Sep 2021RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
7 Sep 2020RentedNew contract
AED 107,000/yr12 months · AED 76 per sqft
17 Aug 2019RentedRenewal
AED 145,000/yr12 months · AED 103 per sqft
17 Aug 2018RentedNew contract
AED 145,000/yr12 months · AED 103 per sqft
3 Dec 2014Sold by developerOff-plan
AED 4,009,500AED 2,851 per sqft

Source: Dubai Land Department. Updated 25 March 2025.

Key facts

Type
2-bed apartment
Size
1,406 sqft
Floor
48th of 84
Parking
P4-36
Developer
DAMAC
Completed
2018
Service charge
AED 22,800 /yr
Last sold
AED 4.01M · December 2014

About 4809, Damac Heights

4809 is a two-bedroom apartment of 1,406 sqft on the 48th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 3 December 2014 for AED 4,009,500, or AED 2,851 per sqft, 16% above the AED 2,468 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 25 March 2025, is AED 195,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 22,800 a year.

Sales and rents for 4809 over time

Sales
Unit 4809, 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, December 2014: AED 4,009,500 (AED 2,851 per sqft)

4809 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4809, each contractTypical two-bed in Damac Heights
100K150K200K2018202120242027Typical 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, August 2018: AED 145,000 a yearRenewal, August 2019: AED 145,000 a yearNew contract, September 2020: AED 107,000 a yearNew contract, September 2021: AED 125,000 a yearRenewal, September 2022: AED 125,000 a yearNew contract, March 2024: AED 185,000 a yearRenewal, March 2025: AED 195,000 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 4809 sits

All 245 2-beds →

4809 last sold in December 2014 at AED 2,851 per sqft, 16% above what two-beds in Damac Heights were fetching at the time (AED 2,468). 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. 4809's AED 195,000 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 48th floor

All 641 units in Damac Heights
Value
48013-bedAED 5.26M · Oct 2013
48021-bedAED 2.11M · Sep 2013
48032-bedAED 2.29M · Nov 2021
48043-bedAED 5.55M · Jun 2013
48051-bedAED 2.42M · Dec 2016
48063-bedAED 2.88M · Mar 2021
48071-bedAED 2.05M · Dec 2024
1–7 of 8

4809, Damac Heights in numbers

  • Sold once: by DAMAC on 3 December 2014 for AED 4,009,500, or AED 2,851 per sqft.
  • Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 145,000 to AED 107,000 in 2020 and recovered to AED 195,000 by March 2025.
  • At AED 195,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 22,800 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 25 March 2025.

Questions about 4809, Damac Heights

What did unit 4809 last sell for?

AED 4,009,500 on 3 December 2014, sold by the developer: AED 2,851 per sqft for 1,406 sqft. It is the only registered sale of the unit.

What is the rent for unit 4809?

AED 195,000 a year on the contract renewed on 25 March 2025. The previous contract, from March 2024, was AED 185,000; the unit has been rented since August 2018.

How big is unit 4809?

1,406 sqft (130.6 sqm): a two-bedroom apartment on the 48th floor of a 84-storey tower completed in 2018.

What is unit 4809 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 4809, Damac Heights

Starts from the last sale price (AED 4.01M, 3 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,009,500
Deposit, UAE resident (20%)
AED 801,900
Deposit, non-resident (40%)
AED 1,603,800
Monthly over 25 years at 3.7%
AED 16,404

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