1-bed · 833 sqftDamac Heights, Dubai Marina · 7th floor · completed 2018

702, Damac Heights

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 2 August 2025
Last soldAED 1.05M24 December 2020
Current rentAED 100K /yr2 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Damac Heights

What is 702 worth today?

Last sold for AED 1,054,000 in 2020

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2 Aug 2025RentedRenewal
AED 100,000/yr12 months · AED 120 per sqft
2 Aug 2024RentedNew contract
AED 100,000/yr12 months · AED 120 per sqft
4 Aug 2023RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
30 Jun 2022RentedRenewal
AED 73,500/yr12 months · AED 89 per sqft
30 Jun 2021RentedNew contract
AED 70,000/yr12 months · AED 84 per sqft
24 Dec 2020Sold by developerReady
AED 1,054,000AED 1,265 per sqft

Source: Dubai Land Department. Updated 2 August 2025.

Key facts

Type
1-bed apartment
Size
833 sqft
Floor
7th of 84
Parking
B5-11
Developer
DAMAC
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 1.05M · December 2020

About 702, Damac Heights

702 is a one-bedroom apartment of 833 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 24 December 2020 for AED 1,054,000, or AED 1,265 per sqft, in line with the AED 1,246 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 2 August 2025, is AED 100,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 13,500 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in Damac Heights
1M2M2009201420192024Typical sale price by year: 2009 AED 2,038,500; 2012 AED 1,154,750; 2013 AED 2,178,700; 2014 AED 2,109,950; 2015 AED 2,063,700; 2016 AED 2,081,150; 2017 AED 1,832,500; 2018 AED 1,515,016; 2019 AED 1,300,000; 2020 AED 1,100,000; 2021 AED 1,403,841; 2022 AED 1,550,000; 2023 AED 1,700,000; 2024 AED 1,855,000; 2025 AED 1,890,000Sold by developer, December 2020: AED 1,054,000 (AED 1,265 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Damac Heights
75K100K125K2018202120242027Typical rent by year: 2018 AED 90,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 78,000; 2022 AED 90,000; 2023 AED 103,950; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 114,200New contract, June 2021: AED 70,000 a yearRenewal, June 2022: AED 73,500 a yearNew contract, August 2023: AED 100,000 a yearNew contract, August 2024: AED 100,000 a yearRenewal, August 2025: AED 100,000 a year

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 702 sits

All 271 1-beds →

702 last sold in December 2020 at AED 1,265 per sqft, in line with what one-beds in Damac Heights were fetching at the time (AED 1,246). 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. 702's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20262,250,000
19 Jan 20261,800,000
10 Dec 20252,300,000
17 Jul 20251,835,000
7 1-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 7th floor

All 641 units in Damac Heights
Value
7011-bedAED 1.97M · Jun 2009
7032-bedAED 2.36M · Nov 2024
7042-bedAED 3.2M · May 2018
7052-bedAED 2.13M · Feb 2015
7062-bedAED 2.09M · Feb 2021
7071-bedAED 1.76M · Aug 2009
7081-bedAED 1.1M · Feb 2020
1–7 of 8

702, Damac Heights in numbers

  • Sold once: by DAMAC on 24 December 2020 for AED 1,054,000, or AED 1,265 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 70,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 9.5%, before a service charge of about AED 13,500 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 2 August 2025.

Questions about 702, Damac Heights

What did unit 702 last sell for?

AED 1,054,000 on 24 December 2020, sold by the developer: AED 1,265 per sqft for 833 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 100,000 a year on the contract renewed on 2 August 2025. The previous contract, from August 2024, was AED 100,000; the unit has been rented since June 2021.

How big is unit 702?

833 sqft (77.4 sqm): a one-bedroom apartment on the 7th floor of a 84-storey tower completed in 2018.

What is unit 702 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 702, Damac Heights

Starts from the last sale price (AED 1.05M, 24 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,054,000
Deposit, UAE resident (20%)
AED 210,800
Deposit, non-resident (40%)
AED 421,600
Monthly over 25 years at 3.7%
AED 4,312

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →