5408, Damac Heights
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5408, Damac Heights
What is 5408 worth today?
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Source: Dubai Land Department. Updated 16 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 954 sqft
- Floor
- 54th of 84
- Parking
- P3-07
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 15,400 /yr
- Last sold
- AED 2.2M · May 2023
- Building
- Damac Heights
About 5408, Damac Heights
5408 is a one-bedroom apartment of 954 sqft on the 54th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 23 May 2023 for AED 2,200,000, or AED 2,307 per sqft, 28% above the AED 1,805 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 16 January 2026, is AED 117,300 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 15,400 a year.
Sales and rents for 5408 over time
5408 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Damac Heights, and where 5408 sits
All 271 1-beds →5408 last sold in May 2023 at AED 2,307 per sqft, 28% above what one-beds in Damac Heights were fetching at the time (AED 1,805). Over the last 12 months one-beds sold for AED 1,132,000 to 2,373,731, around AED 2,029 per sqft, and rent for AED 93,000 to 155,000 a year. 5408's AED 117,300 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 952 sqft | 2,250,000 | 2,364 | ||
| 19 Jan 202619 January 2026 | 887 sqft | 1,800,000 | 2,029 | ||
| 10 Dec 202510 December 2025 | 950 sqft | 2,300,000 | 2,419 | ||
| 17 Jul 202517 July 2025 | 832 sqft | 1,835,000 | 2,205 |
Damac Heights
Building641 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%
Other units on the 54th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 3-bed | 1,843 sqft | AED 3.2MAED 3,200,000 · Mar 2025March 2025 | 223,669 /yr | |
| 5402 | 1-bed | 878 sqft | AED 2.16MAED 2,163,449 · May 2014May 2014 | 120,000 /yr | |
| 5403 | 2-bed | 1,707 sqft | AED 3.56MAED 3,558,930 · Dec 2017December 2017 | 190,000 /yr | |
| 5404 | 3-bed | 1,870 sqft | AED 3.65MAED 3,650,000 · Dec 2024December 2024 | 160,000 /yr | |
| 5405 | 1-bed | 994 sqft | AED 2.29MAED 2,290,800 · Aug 2016August 2016 | 140,000 /yr | |
| 5406 | 3-bed | 2,169 sqft | AED 4MAED 4,000,000 · Nov 2023November 2023 | 300,000 /yr | |
| 5407 | 1-bed | 950 sqft | AED 2.37MAED 2,374,600 · Jul 2014July 2014 | 147,500 /yr | |
| 5409 | 2-bed | 1,370 sqft | AED 2.88MAED 2,876,700 · Jan 2017January 2017 |
5408, Damac Heights in numbers
- Sold twice: first on 20 February 2018 for AED 2,120,000, last on 23 May 2023 for AED 2,200,000 (AED 2,307 per sqft).
- Rented since September 2019 on 4 Ejari contracts, from AED 86,000 to AED 117,300 a year.
- At AED 117,300 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 15,400 a year (AED 16.18 per sqft).
- One-beds in Damac Heights sold for AED 1,132,000–2,373,731 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 16 January 2026.
Questions about 5408, Damac Heights
What did unit 5408 last sell for?
AED 2,200,000 on 23 May 2023: AED 2,307 per sqft for 954 sqft. The unit has 2 registered sales; the first was AED 2,120,000 in February 2018.
What is the rent for unit 5408?
AED 117,300 a year on the contract renewed on 16 January 2026. The previous contract, from January 2024, was AED 120,000; the unit has been rented since September 2019.
How big is unit 5408?
954 sqft (88.6 sqm): a one-bedroom apartment on the 54th floor of a 84-storey tower completed in 2018.
What is unit 5408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Damac Heights sold for AED 1,132,000 to 2,373,731 in the last 12 months, around AED 2,029 per sqft.
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Mortgage on 5408, Damac Heights
Starts from the last sale price (AED 2.2M, 23 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →