Damac Heights in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Damac Heights

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	88	26,048	2,300,000
3	171	21,605	3,700,000

Rents in Damac Heights

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	81	1,491	120,000
2	143	1,527	218,333
3	173	1,286	222,500

The cap rate (rental yield) of investments into Damac Heights project is 6.2% on average.

The price of an apartment in Damac Heights is 22,515 AED/sqm on average.

The long term rent of an apartment in Damac Heights is 1,403 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Damac Heights is 2,300,000 AED or 26,048 AED/sqm.
Price for completed 3 bedroom apartment in Damac Heights is 3,700,000 AED or 21,605 AED/sqm.

Rent for 1 bedroom apartment in Damac Heights is 120,000 AED or 1,491 AED/sqm.
Rent for 2 bedroom apartment in Damac Heights is 218,333 AED or 1,527 AED/sqm.
Rent for 3 bedroom apartment in Damac Heights is 222,500 AED or 1,286 AED/sqm.

About Damac Heights

'Damac Heights' in 'Dubai Marina' area project description

Damac Heights is a luxurious residential development located in the heart of Dubai Marina. It is a part of the prestigious Damac Properties portfolio, which is renowned for its quality and world-class standards. The project offers a range of luxurious apartments and penthouses, with breathtaking views of the Dubai Marina skyline. The project features two towers, the East Tower and the West Tower, both of which are connected by a sky bridge. The East Tower is home to one, two and three bedroom apartments, while the West Tower offers two, three and four bedroom penthouses.

The project is designed to provide residents with a luxurious lifestyle, with a range of amenities and facilities. These include a fully equipped gym, an infinity pool, a children’s play area, a Jacuzzi, a sauna, a steam room and a spa. There is also a 24-hour concierge service, a business centre, a retail area and a range of restaurants and cafes.

Damac Heights is conveniently located in close proximity to the Dubai Marina Mall, the Dubai Marina Yacht Club, the Jumeirah Beach Residence, and the Palm Jumeirah. The project is also close to the Dubai Metro, making it easy to access other parts of the city.

Overall, Damac Heights is a luxurious residential development, offering residents a lifestyle of comfort and convenience. With its range of amenities and facilities, it is the perfect place to call home.

Q&A on Damac Heights

What are the advantages of 'Damac Heights' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Damac Heights is located in the heart of Dubai Marina, one of the most sought-after locations in the city. It is close to the beach, shopping malls, restaurants, and other attractions.

2. Luxury Amenities: Damac Heights offers a range of luxurious amenities such as a swimming pool, gym, spa, and a private cinema.

3. High-Quality Construction: Damac Heights is built with high-quality materials and construction standards, ensuring that the building will stand the test of time.

4. Investment Potential: Damac Heights offers excellent investment potential due to its prime location and high-quality construction.

5. Affordable Prices: Damac Heights offers competitive prices for real estate buyers, making it an attractive option for those looking to invest in the Dubai real estate market.

What projects are cheaper than 'Damac Heights' project in Dubai but provide a similar quality of living?

1. Al Furjan
2. Jumeirah Village Circle
3. Dubai Marina
4. Discovery Gardens
5. Jumeirah Lakes Towers
6. International City
7. The Greens
8. Business Bay
9. Arabian Ranches
10. Palm Jumeirah

What projects are better than 'Damac Heights' project in Dubai which are located close by, and why?

1. Burj Khalifa: Located in Downtown Dubai, Burj Khalifa is the world's tallest building and a major tourist attraction.

2. Dubai Marina: Located in the heart of Dubai, Dubai Marina is a luxurious waterfront development featuring a range of residential, commercial and leisure facilities.

3. Palm Jumeirah: Located off the coast of Dubai, Palm Jumeirah is an artificial archipelago in the shape of a palm tree. It is home to some of the world’s most luxurious hotels and residences.

4. Jumeirah Beach Residence: Located in the heart of Dubai, Jumeirah Beach Residence is a beachfront development featuring a range of residential, commercial and leisure facilities.

5. The Walk at JBR: Located in the heart of Dubai, The Walk at JBR is a pedestrian-friendly promenade featuring a range of restaurants, cafes, shops and entertainment venues.

6. The Dubai Mall: Located in Downtown Dubai, The Dubai Mall is the world’s largest shopping and entertainment destination. It features a range of luxury stores, restaurants, cafes, cinemas and an aquarium.