5601, Damac Heights
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5601, Damac Heights
What is 5601 worth today?
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Source: Dubai Land Department. Updated 26 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,751 sqft
- Floor
- 56th of 84
- Parking
- P3-16
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 28,300 /yr
- Last sold
- AED 3M · June 2024
- Building
- Damac Heights
About 5601, Damac Heights
5601 is a two-bedroom apartment of 1,751 sqft on the 56th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 26 June 2024 for AED 3,000,000, or AED 1,713 per sqft, 4% below the AED 1,778 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 5 May 2023, is AED 220,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 28,300 a year.
Sales and rents for 5601 over time
5601 has sold twice; the dashed line is the two-bed median of each year in the building.
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 5601 sits
All 245 2-beds →5601 last sold in June 2024 at AED 1,713 per sqft, 4% below what two-beds in Damac Heights were fetching at the time (AED 1,778). 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. 5601's AED 220,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jul 202517 July 2025 | 1,399 sqft | 3,200,000 | 2,287 | ||
| 11 Jun 202511 June 2025 | 1,298 sqft | 2,400,000 | 1,849 | ||
| 3 Jun 20253 June 2025 | 2,098 sqft | 3,700,000 | 1,763 | ||
| 25 May 202525 May 2025 | 27 sqft | 20,000 | 731 |
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 56th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5602 | 1-bed | 860 sqft | AED 1.8MAED 1,798,000 · Apr 2017April 2017 | 145,000 /yr | |
| 5603 | 2-bed | 1,655 sqft | AED 3.56MAED 3,559,000 · Dec 2017December 2017 | ||
| 5604 | 2-bed | 1,795 sqft | AED 2.34MAED 2,336,050 · Nov 2021November 2021 | 210,000 /yr | |
| 5605 | 1-bed | 1,025 sqft | AED 2.08MAED 2,082,000 · May 2017May 2017 | ||
| 5606 | 2-bed | 2,116 sqft | AED 2.81MAED 2,812,030 · Nov 2021November 2021 | ||
| 5607 | 954 sqft | AED 2.15MAED 2,150,000 · Oct 2025October 2025 | 120,649 /yr | ||
| 5608 | 1-bed | 961 sqft | AED 1.97MAED 1,972,000 · Jan 2017January 2017 | 84,000 /yr | |
| 5609 | 2-bed | 1,397 sqft | AED 2.65MAED 2,650,000 · Jul 2022July 2022 | 235,000 /yr |
5601, Damac Heights in numbers
- Sold twice: first on 5 December 2017 for AED 3,676,365, last on 26 June 2024 for AED 3,000,000 (AED 1,713 per sqft).
- Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 165,000 to AED 140,000 in 2019 and recovered to AED 220,000 by May 2023.
- At AED 220,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 28,300 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 26 June 2024.
Questions about 5601, Damac Heights
What did unit 5601 last sell for?
AED 3,000,000 on 26 June 2024: AED 1,713 per sqft for 1,751 sqft. The unit has 2 registered sales; the first was AED 3,676,365 in December 2017.
What is the rent for unit 5601?
AED 220,000 a year on the contract signed on 5 May 2023. The previous contract, from May 2021, was AED 150,000; the unit has been rented since July 2018.
How big is unit 5601?
1,751 sqft (162.7 sqm): a two-bedroom apartment on the 56th floor of a 84-storey tower completed in 2018.
What is unit 5601 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 5601, Damac Heights
Starts from the last sale price (AED 3M, 26 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →