2-bed · 1,723 sqftDamac Heights, Dubai Marina · 57th floor · completed 2018

5701, Damac Heights

Sold prices and rental history: sold once, by the developer in February 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5701 · DLD and Ejari recordsUpdated 8 February 2021
Last soldAED 2.46M8 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5701, Damac Heights

What is 5701 worth today?

Last sold for AED 2,458,950 in 2021

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8 Feb 2021Sold by developerReady
AED 2,458,950AED 1,427 per sqft

Source: Dubai Land Department. Updated 8 February 2021.

Key facts

Type
2-bed apartment
Size
1,723 sqft
Floor
57th of 84
Parking
P3-25
Developer
DAMAC
Completed
2018
Service charge
AED 27,900 /yr
Last sold
AED 2.46M · February 2021

About 5701, Damac Heights

5701 is a two-bedroom apartment of 1,723 sqft on the 57th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 8 February 2021 for AED 2,458,950, or AED 1,427 per sqft, in line with the AED 1,427 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5701 over time

Sales
Unit 5701, 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, February 2021: AED 2,458,950 (AED 1,427 per sqft)

5701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5701, each contractTypical two-bed in Damac Heights
150K2018202120242027Typical 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 177,626

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 5701 sits

All 245 2-beds →

5701 last sold in February 2021 at AED 1,427 per sqft, in line with what two-beds in Damac Heights were fetching at the time (AED 1,427). 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.

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 57th floor

All 641 units in Damac Heights
Value
57021-bedAED 1.41M · Mar 2021
57032-bedAED 2.4M · Mar 2021
57042-bedAED 2.36M · Dec 2021
57051-bedAED 2.06M · Mar 2017
57062-bedAED 3.7M · Jun 2025
57071-bedAED 1.91M · May 2017
57081-bedAED 1.92M · Apr 2017
1–7 of 8

5701, Damac Heights in numbers

  • Sold once: by DAMAC on 8 February 2021 for AED 2,458,950, or AED 1,427 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 8 February 2021.

Questions about 5701, Damac Heights

What did unit 5701 last sell for?

AED 2,458,950 on 8 February 2021, sold by the developer: AED 1,427 per sqft for 1,723 sqft. It is the only registered sale of the unit.

How big is unit 5701?

1,723 sqft (160.1 sqm): a two-bedroom apartment on the 57th floor of a 84-storey tower completed in 2018.

What is unit 5701 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 5701, Damac Heights

Starts from the last sale price (AED 2.46M, 8 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,458,950
Deposit, UAE resident (20%)
AED 491,790
Deposit, non-resident (40%)
AED 983,580
Monthly over 25 years at 3.7%
AED 10,060

Plus AED 108,286 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →