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2-bed · 229 sqftDamac Heights, Dubai Marina · 7th floor · completed 2018

705, Damac Heights

Sold prices and rental history: sold twice, last in February 2015, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 18 April 2025
Last soldAED 2.13M26 February 2015
Current rentAED 170K /yr18 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Damac Heights

What is 705 worth today?

Last sold for AED 2,130,700 in 2015

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18 Apr 2025RentedNew contract
AED 170,000/yr12 months · AED 123 per sqft
26 Feb 2015SoldOff-plan
AED 2,130,700AED 1,548 per sqft
28 Aug 2011Sold by developerOff-plan
AED 1,937,100AED 1,407 per sqft

Source: Dubai Land Department. Updated 18 April 2025.

Key facts

Type
2-bed apartment
Size
229 sqft
Floor
7th of 84
Parking
B5-13
Developer
DAMAC
Completed
2018
Service charge
AED 3,700 /yr
Last sold
AED 2.13M · February 2015
Building
Damac Heights

About 705, Damac Heights

705 is a two-bedroom apartment of 229 sqft on the 7th floor of Damac Heights, a 84-storey tower in Dubai Marina completed in 2018 by DAMAC. It last sold on 26 February 2015 for AED 2,130,700, or AED 1,548 per sqft, 37% below the AED 2,466 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 April 2025. The current contract, signed on 18 April 2025, is AED 170,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 3,700 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, August 2011: AED 1,937,100 (AED 1,407 per sqft)Sold, February 2015: AED 2,130,700 (AED 1,548 per sqft)

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

Rents
Unit 705, each contractTypical two-bed in Damac Heights
150K2018202120242027Typical 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, April 2025: AED 170,000 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 705 sits

All 245 2-beds →

705 last sold in February 2015 at AED 1,548 per sqft, 37% below what two-beds in Damac Heights were fetching at the time (AED 2,466). 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. 705's AED 170,000 is in the lower half 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
7042-bedAED 3.2M · May 2018
7062-bedAED 2.09M · Feb 2021
7071-bedAED 1.76M · Aug 2009
7081-bedAED 1.1M · Feb 2020
1–7 of 8

705, Damac Heights in numbers

  • Sold twice: first on 28 August 2011 for AED 1,937,100, last on 26 February 2015 for AED 2,130,700 (AED 1,548 per sqft).
  • Rented since April 2025 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 3,700 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 18 April 2025.

Questions about 705, Damac Heights

What did unit 705 last sell for?

AED 2,130,700 on 26 February 2015: AED 1,548 per sqft for 229 sqft. The unit has 2 registered sales; the first was AED 1,937,100 in August 2011.

What is the rent for unit 705?

AED 170,000 a year on the contract signed on 18 April 2025.

How big is unit 705?

229 sqft (21.3 sqm): a two-bedroom apartment on the 7th floor of a 84-storey tower completed in 2018.

What is unit 705 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 705, Damac Heights

Starts from the last sale price (AED 2.13M, 26 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,130,700
Deposit, UAE resident (20%)
AED 426,140
Deposit, non-resident (40%)
AED 852,280
Monthly over 25 years at 3.7%
AED 8,717

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