Damac Heights is an 86-storey residential building located in the prestigious coastal area of Dubai Marina. The complex consists of 640 apartments with 1-4 bedrooms. Of these, 357 properties from floors 43 to 84 are branded apartments developed in collaboration with Italian fashion brand Fendi Casa. They are sold under the Damac Residenze brand.
Damac Heights properties range in size from 656-3786 square feet. The properties have a starting price of AED 1,800,000 (USD 490,000).
Damac Heights is currently the thirteenth tallest building in Dubai. Its construction began in 2011 and was completed by Q2 2018. The project was developed by leading luxury real estate developer Damac Properties. The architect of the project was the international bureau U+A Architects.
The authors of Damac Heights residential project won the award for “Best residential high-rise architecture in Dubai” at the International Property Awards in 2014.
The complex features a gym, sauna, steam room, jacuzzi, swimming pool and children’s playroom. All apartments have high quality finishes. For an additional fee, residents have access to an exclusive lounge for private parties.
There are five levels of underground parking and 710 parking spaces. For security, the parking lot is equipped with video surveillance and special access control. There is a private security company working on the territory of the complex 24 hours a day.
Damac Heights offers owners and investors the opportunity to own exclusive apartments designed by the Italian fashion house Fendi Casa. Located in the sought-after Dubai Marina district, the property is suitable for both private use and long term investment.
The Damac Heights building is surrounded by numerous resort activities, and its proximity to transport interchanges makes it easy to reach any part of the emirate. This property is well suited for long term rentals. The average annual rent of one-bedroom apartments in Damac Heights is AED 95,000 (USD 26,000) per year. Return on investment in this type of housing has currently reached 5.7%.
