706, Damac Heights
Sold prices and rental history: sold once, by the developer in February 2021, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Damac Heights
What is 706 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,799 sqft
- Floor
- 7th of 84
- Parking
- B5-14
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 29,100 /yr
- Last sold
- AED 2.09M · February 2021
- Building
- Damac Heights
About 706, Damac Heights
706 is a two-bedroom apartment of 1,799 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 16 February 2021 for AED 2,090,000, or AED 1,161 per sqft, 16% below the AED 1,378 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 205,000 a year: a gross yield of 9.8% on the 2021 price, before the service charge of about AED 29,100 a year.
Sales and rents for 706 over time
706 has sold once; 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 706 sits
All 245 2-beds →706 last sold in February 2021 at AED 1,161 per sqft, 16% below what two-beds in Damac Heights were fetching at the time (AED 1,378). 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. 706's AED 205,000 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 | |
| 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 | |
| 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 |
706, Damac Heights in numbers
- Sold once: by DAMAC on 16 February 2021 for AED 2,090,000, or AED 1,161 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 205,000 a year.
- At AED 205,000 a year the gross yield on the 2021 price is 9.8%, before a service charge of about AED 29,100 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 October 2024.
Questions about 706, Damac Heights
What did unit 706 last sell for?
AED 2,090,000 on 16 February 2021, sold by the developer: AED 1,161 per sqft for 1,799 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 205,000 a year on the contract signed on 1 October 2024.
How big is unit 706?
1,799 sqft (167.1 sqm): a two-bedroom apartment on the 7th floor of a 84-storey tower completed in 2018.
What is unit 706 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 706, Damac Heights
Starts from the last sale price (AED 2.09M, 16 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,090,000
- Deposit, UAE resident (20%)
- AED 418,000
- Deposit, non-resident (40%)
- AED 836,000
- Monthly over 25 years at 3.7%
- AED 8,551
Plus AED 92,790 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →