Market bulletin · Thu, 22 Oct 2026
Damac Heights: 2 sales worth AED 5.05M in 30 days
Damac Heights recorded 2 sales worth AED 5.05M in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
The median sale over the last three months was AED 3.25M, or AED 1,898/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Dubai Marina, Damac Heights ranked #8 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.
Leases registered in the last three months had a median annual rent of AED 139K. The best gross yield is on 2 BR apartments at about 5.9%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | AED 1,982 |
| Oct 25 | — |
| Sept 25 | AED 1,800 |
| Aug 25 | AED 2,000 |
| Jul 25 | AED 2,500 |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 1,936 |
| Mar 25 | AED 1,744 |
| Feb 25 | AED 1,917 |
| Jan 25 | AED 1,999 |
| Dec 24 | AED 1,988 |
| Nov 24 | AED 1,904 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan resale | Secondary (ready) |
|---|---|---|
| Oct 26 | — | — |
| Sept 26 | — | — |
| Aug 26 | — | — |
| Jul 26 | — | — |
| Jun 26 | — | — |
| May 26 | — | — |
| Apr 26 | — | — |
| Mar 26 | — | — |
| Feb 26 | — | — |
| Jan 26 | — | — |
| Dec 25 | — | — |
| Nov 25 | — | — |
| Oct 25 | — | — |
| Sept 25 | — | — |
| Aug 25 | — | AED 2,000 |
| Jul 25 | AED 2,523 | — |
| Jun 25 | — | — |
| May 25 | — | — |
| Apr 25 | — | — |
| Mar 25 | — | — |
| Feb 25 | — | AED 1,917 |
| Jan 25 | — | AED 1,999 |
| Dec 24 | — | AED 1,988 |
| Nov 24 | — | AED 1,904 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 4 |
| Jun 26 | 0 | 0 | 3 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 4 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 3 |
| Jan 26 | 0 | 0 | 1 |
| Dec 25 | 0 | 0 | 3 |
| Nov 25 | 0 | 0 | 8 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | unchanged 0.0% | AED 5.05M | — | — |
| Last 3 months | 6 | down 25.0% | AED 19.7M | 1,898 | down 8.3% |
| Last 6 months | 14 | down 36.4% | AED 43.3M | 1,979 | down 2.8% |
| Last 12 months | 36 | down 79.4% | AED 100M | 2,036 | up 3.1% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 36 | 100% | AED 2.88M | 2,036 | up 4.9% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 10 | 28% | AED 1.90M | 2,054 | up 4.1% |
| 2 bedrooms | 16 | 44% | AED 2.90M | 2,013 | up 1.3% |
| 3 bedrooms | 9 | 25% | AED 3.75M | 1,899 | down 3.1% |
| 4 bedrooms | 1 | 3% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 8 | 22% | AED 1.73M | 2,028 | up 7.5% |
| AED 2M–10M | 28 | 78% | AED 2.97M | 2,048 | up 1.3% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 133K |
| Sept 26 | AED 138K |
| Aug 26 | AED 140K |
| Jul 26 | AED 148K |
| Jun 26 | AED 130K |
| May 26 | AED 140K |
| Apr 26 | AED 130K |
| Mar 26 | AED 120K |
| Feb 26 | AED 135K |
| Jan 26 | AED 135K |
| Dec 25 | AED 165K |
| Nov 25 | AED 150K |
| Oct 25 | AED 147K |
| Sept 25 | AED 135K |
| Aug 25 | AED 133K |
| Jul 25 | AED 155K |
| Jun 25 | AED 160K |
| May 25 | AED 140K |
| Apr 25 | AED 138K |
| Mar 25 | AED 150K |
| Feb 25 | AED 140K |
| Jan 25 | AED 117K |
| Dec 24 | AED 140K |
| Nov 24 | AED 155K |
- Leases (12M)
- 399
- New leases
- 56.4%
- Median rent 3M
- AED 139K
- Rent/sqft 3M
- AED 111
| 1 BR apartments | AED 110K / AED 1.90M | 5.8% |
|---|---|---|
| 2 BR apartments | AED 170K / AED 2.90M | 5.9% |
| 3 BR apartments | AED 221K / AED 3.75M | 5.9% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 167 | AED 110K | AED 110K | 124 |
| 2 BR | 114 | AED 170K | AED 170K | 112 |
| 3 BR | 48 | AED 221K | AED 220K | 116 |
Competing projects in Dubai Marina
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Liv Waterside Residences - La Verda Suites and Villas (Arj & 2CDE Tower)LIV Real Estate Development | 78 | 3,209 | up 0.6% |
| Six Senses Residences Dubai MarinaSelect Group | 15 | 3,384 | — |
| Jumeirah Living Marina Gate (The Residences at Marina Gate 3)Select Group | 33 | 3,084 | — |
| Ciel Vignette CollectionThe First Group | 127 | 8,070 | — |
| Building D | 11 | 5,212 | — |
| LIV MarinaLIV Real Estate Development | 32 | 3,361 | — |
| Marina ShoresEmaar Properties | 32 | 2,616 | — |
| The Residences at Marina Gate 2Select Group | 22 | 2,737 | — |
| Cayan TowerCayan Investment & Development | 28 | 2,167 | — |
| Dubai Marina Mall Hotel (The Address Dubai Marina)Emaar Properties | 31 | 2,971 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 4.50M | 3 BR Apartment · 1,906 sqftDamac Heights · Dubai Marina | 10 Aug |
| AED 3.75M | 3 BR Apartment · 1,657 sqftDamac Heights · Dubai Marina | 18 Sept |
| AED 3.65M | 3 BR Apartment · 1,922 sqftDamac Heights · Dubai Marina | 17 Sept |
| AED 2.85M | 2 BR Apartment · 1,723 sqftDamac Heights · Dubai Marina | 6 Oct |
| AED 2.70M | 2 BR Apartment · 1,425 sqftDamac Heights · Dubai Marina | 30 Jul |
| AED 2.20M | 3 BR Apartment · 1,159 sqftDamac Heights · Dubai Marina | 6 Oct |
Questions about Damac Heights
What is the average price per sqft in Damac Heights?
The median sale price in Damac Heights over the last three months was AED 1,898 per sqft (median sale AED 3.25M), based on 6 sales registered with Dubai Land Department.
How many properties were sold in Damac Heights in the last year?
36 sales worth AED 100M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Damac Heights?
The median annual rent on leases registered in the last three months was AED 139K, and the best gross rental yield is about 5.9%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.