703, Damac Heights
Sold prices and rental history: sold 4 times, last in November 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 703, Damac Heights
What is 703 worth today?
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Source: Dubai Land Department. Updated 29 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,269 sqft
- Floor
- 7th of 84
- Parking
- B5-12
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 20,500 /yr
- Last sold
- AED 2.36M · November 2024
- Building
- Damac Heights
About 703, Damac Heights
703 is a two-bedroom apartment of 1,269 sqft on the 7th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 29 November 2024 for AED 2,356,000, or AED 1,856 per sqft, in line with the AED 1,904 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 1 March 2024, is AED 185,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 20,500 a year.
Sales and rents for 703 over time
703 has sold 4 times; 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 703 sits
All 245 2-beds →703 last sold in November 2024 at AED 1,856 per sqft, in line with what two-beds in Damac Heights were fetching at the time (AED 1,904). 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. 703's AED 185,000 is in the lower 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 7th floor
All 641 units in Damac Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 1,201 sqft | AED 1.97MAED 1,972,000 · Jun 2009June 2009 | 105,000 /yr | |
| 702 | 1-bed | 833 sqft | AED 1.05MAED 1,054,000 · Dec 2020December 2020 | 100,000 /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 |
703, Damac Heights in numbers
- Sold 4 times: first on 1 May 2014 for AED 2,811,899, last on 29 November 2024 for AED 2,356,000 (AED 1,856 per sqft).
- Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2020 and recovered to AED 185,000 by March 2024.
- At AED 185,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 20,500 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 29 November 2024.
Questions about 703, Damac Heights
What did unit 703 last sell for?
AED 2,356,000 on 29 November 2024: AED 1,856 per sqft for 1,269 sqft. The unit has 4 registered sales; the first was AED 2,811,899 in May 2014.
What is the rent for unit 703?
AED 185,000 a year on the contract signed on 1 March 2024. The previous contract, from November 2021, was AED 100,000; the unit has been rented since August 2018.
How big is unit 703?
1,269 sqft (117.9 sqm): a two-bedroom apartment on the 7th floor of a 84-storey tower completed in 2018.
What is unit 703 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 703, Damac Heights
Starts from the last sale price (AED 2.36M, 29 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,356,000
- Deposit, UAE resident (20%)
- AED 471,200
- Deposit, non-resident (40%)
- AED 942,400
- Monthly over 25 years at 3.7%
- AED 9,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →