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DAMAC Heights

  • Completed 2018
  • 642 units
  • 80 floors
  • 12 lifts
  • 703 parking bays
  • 1 pool

A 2 bed in DAMAC Heights costs a median AED 2.90M, rents long-let for AED 160,000/yr (5.5% gross), and returns 9.9% short-term at the assumed 70% occupancy.

Satellite view of DAMAC Heights, Dubai Marina, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

2 bed · typical price

2.90MAED

AED 1,983/sqft · +4.1% on a year

Rent a year
AED 160,000
Yield after service charge
4.7%
vs Dubai Marina
7% above the median
Cost to buy, all inAED 3.08M
Price
AED 2.90M
DLD fee 4%
AED 116,000
Agent 2% + VAT
AED 60,900
Trustee
AED 4,200

Fees repaid by net rent16 months

Against this building’s registered sales of the same type.

Ask about DAMAC Heights →

Is DAMAC Heights a good investment?Easy to let, prices rising and little new supply nearby; the rent pays below the Dubai median and rents are slipping

  1. Does it pay a good rent?5.5% gross, 4.7% after the service charge (Dubai median 6.8%)5.5%Watch
  2. Is it easy to let?78% of units signed a yearly lease in 12 months; the typical Dubai Marina building manages 39%78%Strength
    Dubai Marina median 39% · top tenth from 63%DAMAC Heights · 78%

    Across 43 Dubai Marina buildings with 40 or more units, the median signed annual leases on 39% of units in 12 months and the top tenth on 63% or more; DAMAC Heights is at 78%.

  3. Are rents going up?New 2 bed leases: AED 170,000 a year ago, AED 160,000 now-5.9%Watch
  4. Are prices going up?2 bed: AED 1,904/sqft a year ago, 1,983 now+4.1%Strength
  5. How fast do fees pay back?AED 181,100 in fees to buy a 2 bed; net rent covers it in 1.3 years1.3 yrsFair
  6. Can I sell easily?44 sales in 12 months, 7% of the tower (70 the year before)44Fair
  7. Is a lot being built nearby?2,685 apartments are planned in Dubai Marina from 2026 to 2028, equal to 19% of the 14,287 homes let there today. A further 693 are past their planned date. Dubai Marina supply by year →19%Strength
  8. Did earlier buyers gain?Up 54% for buyers 5 years ago; launch buyers still 8% down, before fees+54.1%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

DAMAC Heights prices and rents by unit typeA two-bed costs about AED 2.90M and rents for about AED 160,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bed285 units · 924 sqftAED 2.00M2,080/sqftlaunch 2,236 -7.0%5.5%-0.3 ptsAED 110,000100 contracts+4.3%15
2 bed255 units · 1,510 sqftAED 2.90M1,983/sqftlaunch 2,054 -3.5%5.5%-0.2 ptsAED 160,000112 contracts+4.1%17
3 bed90 units · 1,944 sqftAED 3.75M1,899/sqft4.9%-0.3 ptsAED 185,00064 contracts-3.2%11
4+ bed11 units · 2,330 sqftAED 1.70M2,432/sqftunder 5 contractsunder 5 contractsunder 5 sales in a year1
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Dubai Marina · area median AED 1,851/sqft

3 years
+13.7% · +4.4%/yr
5 years
+52.3% · +8.8%/yr
vs area median
+7.1%
Rank by price per sqft
35th of 80

Rental income

2 bed · Dubai Marina

Median new rent
AED 160,000/yr
Yield vs area median
-0.2 pts
Yield vs Dubai (6.8%)
-1.3 pts
Yield rank
26th of 39
Renewal rent
AED 165,000/yr
New tenants pay vs sitting (80 renewals)
-3.0%

Short-term income

2 bed · 70% occupancy · 7-night stays

Median nightly rate
AED 1,438
Net revenue
AED 285,821/yr
vs long-let rent
1.8×
Listings seen
10+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 2 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 2 bed: Jun 2009, AED 3,218,000; latest, Oct 2026, AED 2,852,887; peak, Apr 2013, AED 4,289,600. Rent on new leases: Jan 2012, AED 97,500 a year; latest, Oct 2026, AED 142,500.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,048 · before fees

Launch, 2009–19
2,236
−8%
5 years ago
1,329
+54%
3 years ago
1,832
+12%
Previous 12 months
1,981
+3%
Last 12 months
2,048
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

44 resales in the last 12 months, against 64 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
7 Oct 20262 bed1,723AED 2,852,8871,656
7 Oct 20263 bed1,159AED 2,200,0001,898
18 Sept 20263 bed1,657AED 3,750,0002,263
17 Sept 20263 bed1,922AED 3,650,0001,899
27 Aug 20261 bed880AED 2,005,0002,277
10 Aug 20263 bed1,906AED 4,501,8602,363
31 Jul 20262 bed1,425AED 2,700,0001,895
27 Jul 20262 bed1,505AED 3,100,0002,059
7 Jul 20262 bed1,471AED 3,125,0002,124
3 Jul 20263 bed2,176AED 4,000,0001,838

44 resales in the last 12 months.

Short-term rates around DAMAC Heights

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed8+ listings seen7620.79/sqftAED 148,344AED 110,0001.3×7.4%
2 bed10+ listings seen1,4380.98/sqftAED 285,821AED 160,0001.8×9.9%
3 bed500 m cluster · 9+ listings seen1,6790.85/sqftAED 329,364AED 185,0001.8×8.8%
4+ bed500 m cluster · 4+ listings seen1,7752.54/sqftAED 371,494AED 280,0001.3×—

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Dubai Marina

Every Dubai Marina building with a page, ranked by price per sqft over the same 12 months, all unit types. DAMAC Heights places 57th of 134; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
53Aurora W1AED 2.02M2,091+2.1%—-12.1%9
54FairoozAED 5.50M2,070+1.1%——9
55DM YassAED 4.55M2,064+0.8%—-7.1%6
56West AvenueCompleted 2014 · off-plan 1,502/sqftAED 1.45M2,064+0.8%6.1%+8.2%9
57DAMAC Heights · this buildingCompleted 2018 · off-plan 2,200/sqftAED 2.86M2,0485.0%+3.4%44
58Marina Quay WestCompleted 2010 · off-plan 891/sqftAED 1.61M2,046-0.1%6.5%-0.4%12
59Al Majara 1AED 2.45M2,045-0.1%—+6.9%15
60Shemara W2AED 2.60M2,037-0.5%—-5.0%11
61The Point TowerCompleted 2009 · off-plan 1,171/sqftAED 1.75M2,035-0.6%5.1%+4.1%19

Rank 1 is the dearest per square foot. Differences are against DAMAC Heights (AED 2,048/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, DAMAC Heights has registered sale prices 7% above the Dubai Marina median price per square foot of 1,851 AED, across 80 eligible buildings. It ranks 35th of 80 by price per square foot and 26th of 39 by gross yield in Dubai Marina.

Market context in Dubai Marina

Registered sales activity

2,029 ready apartment sales in the 12 months to 2026-10-12.

+14.7% in median AED/sqft versus the preceding year, supported by 2,029 current and 2,897 prior price observations.

Explore sales activity

Planned apartment projects

2,006 known registered units across 4 pending projects planned within one year of the 2026-07-06 register.

4 projects had already passed their planned date; 3 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

2,685 apartments are planned in Dubai Marina from 2026 to 2028, equal to 19% of the 14,287 homes let there today.

Ready prices per sqft fell in 37% of 122 buildings (counted once per bedroom type) in Dubai Marina with sales in both years; the typical one moved +2.4%.

The pooled median moved +14.7%: 12.4 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 88% of 84 buildings (counted once per bedroom type) with leases in both years; the typical one moved −8.3%.

How these are counted
Find service-charge budget evidence for DAMAC Heights

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About DAMAC Heights

DAMAC Heights is an apartment building completed in 2018 in Dubai Marina with 642 registered units. 823 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
AED 17.15/sqft a year · 2026 budget
Floors
80
Lifts
12
Parking bays
703
Pools
1

Drive times · typical

Downtown
21 min · 21 km
DXB Airport
25 min · 35 km
DIFC
17 min · 24 km
Dubai Marina
7 min · 2.3 km
Palm Jumeirah
17 min · 12 km

Nearest, as registered

Metro
Marina Towers
Mall
Marina Mall
Landmark
Burj Al Arab

DAMAC Heights: AED 2,048 per sq ft, 8% above the median Dubai Marina building, and a 5.0% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. DAMAC HeightsAED 2,048
  2. Dubai Marina, readyAED 2,011
  3. Dubai Marina, off-planAED 3,049
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

DAMAC HeightsDubai Marina median building

  1. Dubai Marina5.0% vs 5.4%
Line: the 10th to 90th percentile of 62 buildings in Dubai Marina. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Dubai Marina, by handover quarter

Prices per sq ft around DAMAC Heights, on the map
Pills show median sale price, AED. 177 buildings pinned from Google place records and Apple geocoding · DAMAC Heights is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from DAMAC Heights’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
12,895AED
4.5% over 25 years
Monthly rent
13,333AED
AED 160,000 a year
Cash needed at purchase
793,100AED
20% down plus AED 213,100 in fees

Owning costs AED 538,995 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about DAMAC Heights

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Common questions

What is the rental yield in DAMAC Heights?
DAMAC Heights returns 5.5% gross: a median new-contract rent of AED 160,000 a year (112 Ejari contracts in 12 months) over a price benchmark of AED 2.90M (median of 17 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
How much does a 2 bedroom in DAMAC Heights cost?
The median registered sale price is AED 2.90M (1,983 AED/sqft), from 17 Dubai Land Department sales in the last 12 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 12 months have a median of 1,983 AED/sqft, across 17 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in DAMAC Heights risen or fallen?
Median price per square foot moved +4.1% over the last 12 months against the 12 before it, on 17 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does DAMAC Heights compare with Dubai Marina?
Its 5.5% gross yield sits -0.2 pts against the Dubai Marina median of 5.8%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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DAMAC Heights sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
17 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/dubai-marina/damac-heights
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “DAMAC Heights sale prices and yield.” Dubai Marina, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-marina/damac-heights

Stable dataJSON