DAMAC Heights
A 1 bed in DAMAC Heights costs a median AED 1.90M, rents long-let for AED 120,000/yr (6.49% gross), and returns 9.09% short-let at the assumed 80% occupancy — +0.3 pts vs Dubai Marina's 6.24% and -0.5 pts vs Dubai's 6.97% — from 45 sales and 184 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 17 in 12 months
- Rental contracts · 1 bed
- 88 in 12 months
- Buy
- 1.90MAED
- AED 2,157/sqft
- Long-let
- 6.49%
- AED 120,000/yr
- Short-let
- 9.09%
- AED 762/night · 0.83/sqft
Price per sqft: Median of 6 registered sales of ready units in the last 6 months, most recent May 2026.
Priced off the last 5 sales — most recent May 2026.
- Yield spread
- +0.3 pts
- vs the Dubai Marina median for this unit type
- Turnover upside
- +9.1%
- new tenants pay more than sitting ones — 169 renewals
- AED/yr/sqft
- AED 133
- Sales
- 45
- Rental contracts
- 184
- Renewal rent
- AED 110,000/yr
- 12 months
- +1.9%
- 3 years
- +10.5%+3.4%/yr
- 5 years
- +42.3%+7.3%/yr
Based on 45 sales and 184 rental contracts in the last 24 months.
DAMAC Heights is an apartment building in Dubai Marina, Dubai. The closest metro station is Marina Towers, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 1,638 registered sales in all — the 45 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in DAMAC Heights, by year.
Chart data: Jan 2015, 2273 AED/sqft; latest, Aug 2026, 2170 AED/sqft; peak, Jun 2015, 2487 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Dubai Marina median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around DAMAC Heights
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.8 AED/night/sqft; latest Sep 2027, 0.58 AED/night/sqft; peak Nov 2026, 0.96 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in DAMAC Heights between 2009 and 2019 went for a median of AED 2,203/sqft (AED 2.47M). The same building resells today at AED 1,995/sqft (AED 2.60M) — an uplift of +5.1%.
Based on 550 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
47 resales in the last 12 months, against 64 a year on average over 2023–2025.
Sales
9 resales in the last 3 months.
Rental contracts
Showing the 60 most recent of 84 contracts starting on or after 26 May 2026.
Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.
As registered
The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.
- Floors
- 80
- Flats
- 642
- Lifts
- 12
- Parking bays
- 703
- Swimming pools
- 1
- Flats per lift
- 53.5
- Parking per flat
- 1.1
- Pools per 100 flats
- 0.16
Nearby
- Metro
- Marina Towers
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Compare with nearby buildings
The most-traded buildings in Dubai Marina, on the same figures over the same window.
- Highest rental yields in Dubai Marina · DAMAC Heights places 51st of 64
Common questions
- What is the rental yield in DAMAC Heights?
- DAMAC Heights returns 6.49% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 184 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in DAMAC Heights cost?
- The median registered sale price is AED 1.90M (2,074 AED/sqft), from 45 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in DAMAC Heights selling for right now?
- Registered sales of ready units in DAMAC Heights over the last 6 months have a median of 2,157 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in DAMAC Heights risen or fallen?
- Median price per square foot moved +1.9% over the last 12 months against the 12 before it, on 45 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does DAMAC Heights compare with Dubai Marina?
- Its 6.49% gross yield sits +0.3 pts against the Dubai Marina median of 6.24%, computed at the same bedroom grain over the same 24-month window.
DAMAC Heights sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 45 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/dubai-marina/damac-heights
Cite as: Dubai Wealth Index. “DAMAC Heights sale prices and yield.” Dubai Marina, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-marina/damac-heights.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.