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Dubai Marina

Damac Heights

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 NP9-108141

How much is this apartment in Damac Heights?

Lot NP9-108141 is priced at AED 5 200 000, about $1 416 000. The listing does not state a size, so no price per square foot is given.

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.

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.

What are prices like in 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's size is not stated, so its price per sq ft cannot be compared with the area. 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 30%, here AED 1 560 000; a loan of AED 3 640 000 over 25 years at 3.75–4.99% a year comes to roughly AED 18 700–21 300 a month. A non-resident puts down from 40% (AED 2 080 000) and pays about AED 16 000–18 200 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 208 000 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, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 5 200 000. 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 NP9-108141 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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