3-bed · 1,894 sqftDamac Heights, Dubai Marina · 49th floor · completed 2018

4901, Damac Heights

Sold prices and rental history: sold twice, last in January 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4901 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 2.8M30 January 2023
Current rentAED 290K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4901, Damac Heights

What is 4901 worth today?

Last sold for AED 2,800,000 in 2023

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20 Aug 2024RentedRenewal
AED 290,000/yr12 months · AED 153 per sqft
20 Aug 2023RentedNew contract
AED 290,000/yr12 months · AED 153 per sqft
30 Jan 2023SoldReady
AED 2,800,000AED 1,478 per sqft
17 Jan 2021RentedNew contract
AED 245,000/yr12 months · AED 129 per sqft
11 Jun 2018Sold by developerOff-plan
AED 4,330,000AED 2,286 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
3-bed apartment
Size
1,894 sqft
Floor
49th of 84
Parking
P4-37
Developer
DAMAC
Completed
2018
Service charge
AED 30,600 /yr
Last sold
AED 2.8M · January 2023

About 4901, Damac Heights

4901 is a three-bedroom apartment of 1,894 sqft on the 49th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 30 January 2023 for AED 2,800,000, or AED 1,478 per sqft, 3% below the AED 1,527 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 20 August 2024, is AED 290,000 a year: a gross yield of 10.4% on the 2023 price, before the service charge of about AED 30,600 a year.

Sales and rents for 4901 over time

Sales
Unit 4901, each saleTypical three-bed in Damac Heights
2M4M6M2013201720212025Typical sale price by year: 2013 AED 4,900,025; 2014 AED 6,334,750; 2015 AED 5,814,000; 2017 AED 3,875,938; 2018 AED 4,815,000; 2019 AED 4,256,000; 2020 AED 3,025,500; 2021 AED 2,482,715; 2022 AED 3,133,000; 2023 AED 3,050,000; 2024 AED 3,650,000; 2025 AED 3,800,000Sold by developer, June 2018: AED 4,330,000 (AED 2,286 per sqft)Sold, January 2023: AED 2,800,000 (AED 1,478 per sqft)

4901 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4901, each contractTypical three-bed in Damac Heights
200K300K2018202120242027Typical rent by year: 2018 AED 187,500; 2019 AED 180,000; 2020 AED 146,000; 2021 AED 155,000; 2022 AED 175,000; 2023 AED 220,000; 2024 AED 226,835; 2025 AED 239,000; 2026 AED 280,000New contract, January 2021: AED 245,000 a yearNew contract, August 2023: AED 290,000 a yearRenewal, August 2024: AED 290,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Damac Heights, and where 4901 sits

All 87 3-beds →

4901 last sold in January 2023 at AED 1,478 per sqft, 3% below what three-beds in Damac Heights were fetching at the time (AED 1,527). Over the last 12 months three-beds sold for AED 3,600,000 to 3,800,000, around AED 2,029 per sqft, and rent for AED 120,000 to 350,000 a year. 4901's AED 290,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Dec 20253,800,000
10 Dec 20253,600,000
23 Jul 20253,900,000
23 May 20254,300,000
2 3-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 49th floor

All 641 units in Damac Heights
Value
49021-bedAED 2.05M · Jan 2017
49032-bedAED 4.15M · Mar 2019
49043-bedAED 3.2M · Feb 2025
49051-bedAED 1.85M · Jun 2022
49063-bedAED 3M · Nov 2020
49071-bedAED 1.65M · Dec 2021
49081-bedAED 2.14M · May 2016
1–7 of 8

4901, Damac Heights in numbers

  • Sold twice: first on 11 June 2018 for AED 4,330,000, last on 30 January 2023 for AED 2,800,000 (AED 1,478 per sqft).
  • Rented since January 2021 on 3 Ejari contracts, from AED 245,000 to AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2023 price is 10.4%, before a service charge of about AED 30,600 a year (AED 16.18 per sqft).
  • Three-beds in Damac Heights sold for AED 3,600,000–3,800,000 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 20 August 2024.

Questions about 4901, Damac Heights

What did unit 4901 last sell for?

AED 2,800,000 on 30 January 2023: AED 1,478 per sqft for 1,894 sqft. The unit has 2 registered sales; the first was AED 4,330,000 in June 2018.

What is the rent for unit 4901?

AED 290,000 a year on the contract renewed on 20 August 2024. The previous contract, from August 2023, was AED 290,000; the unit has been rented since January 2021.

How big is unit 4901?

1,894 sqft (176.0 sqm): a three-bedroom apartment on the 49th floor of a 84-storey tower completed in 2018.

What is unit 4901 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Damac Heights sold for AED 3,600,000 to 3,800,000 in the last 12 months, around AED 2,029 per sqft.

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Mortgage on 4901, Damac Heights

Starts from the last sale price (AED 2.8M, 30 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →