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DAMAC HEIGHTS

Project

DAMAC GULF PROPERTIES (L.L.C)

Project typeBuildings

Master developerاعمار العقارية (ش . م. ع)

Escrow agentبنك ابوظبى التجارى

StatusFinished

Completed100%

Start2011-05-01

Handover2018-04-30

Buildings1

Shop3

Freehold residential tower development located in the Marsa Dubai. The tower is designed as 5B+G+5P+81+R floors. The tower is designed to be constructed out of concrete structure and block with internal and external finishes.

Buildings

DAMAC HEIGHTS 1

Floors80

Apartments642

Shop3

Parking703

Apartments

1 B/R285

2 B/R255

3 B/R90

4 B/R10

5 B/R1

Shop

Shop3

NA

NA1

Official sales

Sales from 2004–2026

Number of sale deals1,030

Apartment1,025

Median sale price2,350,000 AED

Median price per sqft1,983 AED

1 B/R483

Median sale price1,890,000 AED

Median price per sqft1,999 AED

2 B/R391

Median sale price2,940,000 AED

Median price per sqft1,936 AED

3 B/R136

Median sale price3,816,500 AED

Median price per sqft1,978 AED

4 B/R14

Median sale price5,013,000 AED

Median price per sqft2,343 AED

5 B/R1

Median sale price23,053,889 AED

Median price per sqft2,079 AED

Whole building3

Median sale price80,000,000 AED

Median price per sqft2,145 AED

Shop2

Median sale price4,884,500 AED

Median price per sqft2,751 AED

Official rent

Rent from 2018–2026

Number of rent contracts2,870

Apartment2,862

1 bedroom1,488

Median year rent95,000 AED

2 bedrooms1,056

Median year rent145,000 AED

3 bedrooms302

Median year rent180,000 AED

4 bedrooms16

Median year rent254,278 AED

Shop8