Photos and renders of the building and grounds — not of this particular unit.
Damac Heights
1 BR · Apartment
About the building
86-storey residential building in Dubai Marina, completed in 2018. Developer — Damac Properties. Architect — Aedas Ltd, U+A Architects и Group Consult International.
What the building has
- Swimming pool
- Spa and sauna
- Children's area
- Parking
Where it is
Dubai Marina
The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.
- reliable rental income
- car-free living
- fast resale
What to check: Much of the stock is fifteen to twenty years old and building condition varies enormously. Get the service charge history and walk the common areas before you offer — an unmaintained tower will cost you more than the discount you got.
Full district guide →Questions and answers about lot NP9-108092
How much is this 1-bedroom apartment in Damac Heights?
Lot NP9-108092 is priced at AED 1 980 000, about $539 000. The size is 850 sq ft (79 m²), which works out at AED 2 329 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Damac Heights?
The database holds 5 lots in Damac Heights right now, from AED 1 980 000 to AED 6 440 000. 2 of them share this type and bedroom count: this lot is the cheapest. At AED 2 329 per sq ft this lot is 7% below the median for the other lots in the project (AED 2 514).
Is this expensive or cheap for Dubai Marina?
The database holds 188 lots in Dubai Marina, starting from AED 500 000. The area median is AED 2 312 per sq ft; this lot, at AED 2 329, is level with it. 21 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Marina area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2018 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 396 000; a loan of AED 1 584 000 over 25 years at 3.75–4.99% a year comes to roughly AED 8 100–9 300 a month. A non-resident puts down from 40% (AED 792 000) and pays about AED 6 100–6 900 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 79 200 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 20 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Damac Heights?
The building has 86 floors. The developer is Damac. Completion year: 2018. Figures are from the project passport: Propsearch and the Dubai Land Department.
Damac Heights project page →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-108092 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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