701, Damac Heights
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Damac Heights
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,201 sqft
- Floor
- 7th of 84
- Parking
- B5-10
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 19,400 /yr
- Last sold
- AED 1.97M · June 2009
- Building
- Damac Heights
About 701, Damac Heights
701 is a one-bedroom apartment of 1,201 sqft on the 7th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. The developer sold it on 8 June 2009 for AED 1,972,000, or AED 1,641 per sqft, 50% below the AED 3,308 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 105,000 a year: a gross yield of 5.3% on the 2009 price, before the service charge of about AED 19,400 a year.
Sales and rents for 701 over time
701 has sold once; 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 701 sits
All 271 1-beds →701 last sold in June 2009 at AED 1,641 per sqft, 50% below what one-beds in Damac Heights were fetching at the time (AED 3,308). 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. 701's AED 105,000 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 7th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 833 sqft | AED 1.05MAED 1,054,000 · Dec 2020December 2020 | 100,000 /yr | |
| 703 | 2-bed | 1,269 sqft | AED 2.36MAED 2,356,000 · Nov 2024November 2024 | 185,000 /yr | |
| 704 | 2-bed | 1,610 sqft | AED 3.2MAED 3,203,000 · May 2018May 2018 | 300,000 /yr | |
| 705 | 2-bed | 229 sqft | AED 2.13MAED 2,130,700 · Feb 2015February 2015 | 170,000 /yr | |
| 706 | 2-bed | 1,799 sqft | AED 2.09MAED 2,090,000 · Feb 2021February 2021 | 205,000 /yr | |
| 707 | 1-bed | 924 sqft | AED 1.76MAED 1,764,000 · Aug 2009August 2009 | 114,000 /yr | |
| 708 | 1-bed | 966 sqft | AED 1.1MAED 1,100,000 · Feb 2020February 2020 | 100,000 /yr | |
| 709 | 2-bed | 1,327 sqft | AED 2.41MAED 2,406,000 · Feb 2017February 2017 | 120,000 /yr |
701, Damac Heights in numbers
- Sold once: by DAMAC on 8 June 2009 for AED 1,972,000, or AED 1,641 per sqft.
- Rented since March 2020 on 4 Ejari contracts, from AED 80,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2009 price is 5.3%, before a service charge of about AED 19,400 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 1 July 2025.
Questions about 701, Damac Heights
What did unit 701 last sell for?
AED 1,972,000 on 8 June 2009, sold by the developer: AED 1,641 per sqft for 1,201 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 105,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2023, was AED 100,000; the unit has been rented since March 2020.
How big is unit 701?
1,201 sqft (111.6 sqm): a one-bedroom apartment on the 7th floor of a 84-storey tower completed in 2018.
What is unit 701 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 701, Damac Heights
Starts from the last sale price (AED 1.97M, 8 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,972,000
- Deposit, UAE resident (20%)
- AED 394,400
- Deposit, non-resident (40%)
- AED 788,800
- Monthly over 25 years at 3.7%
- AED 8,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →