7002, Damac Heights
Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7002, Damac Heights
What is 7002 worth today?
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Source: Dubai Land Department. Updated 1 March 2021.
Key facts
- Type
- 4-bed apartment
- Size
- 2,500 sqft
- Floor
- 70th of 84
- Parking
- P1-28 , P1-T3
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 40,400 /yr
- Last sold
- AED 5.7M · November 2019
- Building
- Damac Heights
About 7002, Damac Heights
7002 is a four-bedroom apartment of 2,500 sqft on the 70th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 17 November 2019 for AED 5,700,660, or AED 2,280 per sqft.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 March 2021, is AED 150,000 a year: a gross yield of 2.6% on the 2019 price, before the service charge of about AED 40,400 a year.
4-beds in Damac Heights, and where 7002 sits
All 8 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202220 April 2022 | 2,137 sqft | 1,700,000 | 795 | ||
| 6 Apr 20226 April 2022 | 1,956 sqft | 2,918,000 | 1,491 | ||
| 24 Dec 202024 December 2020 | 1,881 sqft | 2,736,000 | 1,454 | ||
| 28 Sep 202028 September 2020 | 2,045 sqft | 3,048,000 | 1,490 |
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 70th floor
All 641 units in Damac Heights7002, Damac Heights in numbers
- Sold once: by DAMAC on 17 November 2019 for AED 5,700,660, or AED 2,280 per sqft.
- Rented since March 2020 on 2 Ejari contracts, from AED 180,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2019 price is 2.6%, before a service charge of about AED 40,400 a year (AED 16.18 per sqft).
Source: Dubai Land Department. Updated 1 March 2021.
Questions about 7002, Damac Heights
What did unit 7002 last sell for?
AED 5,700,660 on 17 November 2019, sold by the developer: AED 2,280 per sqft for 2,500 sqft. It is the only registered sale of the unit.
What is the rent for unit 7002?
AED 150,000 a year on the contract signed on 1 March 2021. The previous contract, from March 2020, was AED 180,000.
How big is unit 7002?
2,500 sqft (232.3 sqm): a four-bedroom apartment on the 70th floor of a 84-storey tower completed in 2018.
What is unit 7002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 7002, Damac Heights
Starts from the last sale price (AED 5.7M, 17 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 5,700,660
- Deposit, UAE resident (20%)
- AED 1,140,132
- Deposit, non-resident (40%)
- AED 2,280,264
- Monthly over 25 years at 3.7%
- AED 23,323
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →