3-bed · 1,889 sqftDamac Heights, Dubai Marina · 51st floor · completed 2018

5101, Damac Heights

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5101 · DLD and Ejari recordsUpdated 7 May 2023
Last soldAED 5.33M20 February 2017
Current rentAED 230K /yr7 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5101, Damac Heights

What is 5101 worth today?

Last sold for AED 5,332,250 in 2017

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7 May 2023RentedNew contract
AED 230,000/yr12 months · AED 122 per sqft
2 Sep 2022RentedRenewal
AED 130,302/yr6 months · AED 69 per sqft
19 Aug 2021RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
19 Aug 2020RentedNew contract
AED 130,000/yr12 months · AED 69 per sqft
20 Feb 2017Sold by developerOff-plan
AED 5,332,250AED 2,822 per sqft

Source: Dubai Land Department. Updated 7 May 2023.

Key facts

Type
3-bed apartment
Size
1,889 sqft
Floor
51st of 84
Parking
B1-73 , B1-T1
Developer
DAMAC
Completed
2018
Service charge
AED 30,600 /yr
Last sold
AED 5.33M · February 2017

About 5101, Damac Heights

5101 is a three-bedroom apartment of 1,889 sqft on the 51st floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 20 February 2017 for AED 5,332,250, or AED 2,822 per sqft, in line with the AED 2,822 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 7 May 2023, is AED 230,000 a year: a gross yield of 4.3% on the 2017 price, before the service charge of about AED 30,600 a year.

Sales and rents for 5101 over time

Sales
Unit 5101, 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, February 2017: AED 5,332,250 (AED 2,822 per sqft)

5101 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5101, 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, August 2020: AED 130,000 a yearRenewal, August 2021: AED 130,000 a yearRenewal, September 2022: AED 130,302 a yearNew contract, May 2023: AED 230,000 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 5101 sits

All 87 3-beds →

5101 last sold in February 2017 at AED 2,822 per sqft, in line with what three-beds in Damac Heights were fetching at the time (AED 2,822). 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. 5101's AED 230,000 is in the lower 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 51st floor

All 641 units in Damac Heights
Value
51021-bedAED 2.16M · Apr 2014
51032-bedAED 3.51M · Jan 2018
51043-bedAED 4.31M · May 2022
51051-bedAED 2.37M · Oct 2016
51063-bedAED 4.7M · Nov 2023
51071-bedAED 2.17M · Jun 2016
51081-bedAED 1.7M · Nov 2019
1–7 of 8

5101, Damac Heights in numbers

  • Sold once: by DAMAC on 20 February 2017 for AED 5,332,250, or AED 2,822 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 130,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2017 price is 4.3%, 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 7 May 2023.

Questions about 5101, Damac Heights

What did unit 5101 last sell for?

AED 5,332,250 on 20 February 2017, sold by the developer: AED 2,822 per sqft for 1,889 sqft. It is the only registered sale of the unit.

What is the rent for unit 5101?

AED 230,000 a year on the contract signed on 7 May 2023. The previous contract, from September 2022, was AED 130,302; the unit has been rented since August 2020.

How big is unit 5101?

1,889 sqft (175.5 sqm): a three-bedroom apartment on the 51st floor of a 84-storey tower completed in 2018.

What is unit 5101 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 5101, Damac Heights

Starts from the last sale price (AED 5.33M, 20 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 5,332,250
Deposit, UAE resident (20%)
AED 1,066,450
Deposit, non-resident (40%)
AED 2,132,900
Monthly over 25 years at 3.7%
AED 21,816

Plus AED 228,965 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →