2-bed · 1,610 sqftDamac Heights, Dubai Marina · 7th floor · completed 2018

704, Damac Heights

Sold prices and rental history: sold once, by the developer in May 2018, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 3.2M2 May 2018
Current rentAED 300K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Damac Heights

What is 704 worth today?

Last sold for AED 3,203,000 in 2018

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1 Jan 2026RentedNew contract
AED 300,000/yr12 months · AED 186 per sqft
2 May 2018Sold by developerOff-plan
AED 3,203,000AED 1,989 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
2-bed apartment
Size
1,610 sqft
Floor
7th of 84
Parking
B1-64
Developer
DAMAC
Completed
2018
Service charge
AED 26,100 /yr
Last sold
AED 3.2M · May 2018

About 704, Damac Heights

704 is a two-bedroom apartment of 1,610 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 2 May 2018 for AED 3,203,000, or AED 1,989 per sqft, in line with the AED 2,011 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2026. The current contract, signed on 1 January 2026, is AED 300,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 26,100 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, May 2018: AED 3,203,000 (AED 1,989 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in Damac Heights
100K200K300K2018202120242027Typical 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 177,626New contract, January 2026: AED 300,000 a year

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 704 sits

All 245 2-beds →

704 last sold in May 2018 at AED 1,989 per sqft, in line with what two-beds in Damac Heights were fetching at the time (AED 2,011). 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. 704's AED 300,000 is at the top of that range.

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 7th floor

All 641 units in Damac Heights
Value
7011-bedAED 1.97M · Jun 2009
7021-bedAED 1.05M · Dec 2020
7032-bedAED 2.36M · Nov 2024
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

704, Damac Heights in numbers

  • Sold once: by DAMAC on 2 May 2018 for AED 3,203,000, or AED 1,989 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 26,100 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 1 January 2026.

Questions about 704, Damac Heights

What did unit 704 last sell for?

AED 3,203,000 on 2 May 2018, sold by the developer: AED 1,989 per sqft for 1,610 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 300,000 a year on the contract signed on 1 January 2026.

How big is unit 704?

1,610 sqft (149.6 sqm): a two-bedroom apartment on the 7th floor of a 84-storey tower completed in 2018.

What is unit 704 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 704, Damac Heights

Starts from the last sale price (AED 3.2M, 2 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,203,000
Deposit, UAE resident (20%)
AED 640,600
Deposit, non-resident (40%)
AED 1,281,200
Monthly over 25 years at 3.7%
AED 13,104

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