Vida Residences +117%: what the Dubai Marina project statistics actually show
The largest developer’s return to Dubai Marina prompted a look at its earlier projects there. The valuable number in that statistic is not the growth percentage.
Damac Heights
Dubai Marina · Damac Properties
Project factsheet
Storeys 86
Height 335 m
Developer Damac Properties
Status Completed
Completed 2018
District Dubai Marina
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
Specifications for Damac Heights per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
Damac Heights is an 86-storey residential building in Dubai Marina, completed in 2018.
The developer is Damac Properties. The architecture is by Aedas Ltd, U+A Architects и Group Consult International.
Height — 335 metres.
The database currently holds 5 lots in this project, from 1 980 000 AED.
86 storeys in Dubai Marina, handed over in 2018 — one of the newer skyscrapers on the strip, and the second-tallest in our price-per-square-foot table.
What it is
Damac Heights is a residential skyscraper in Dubai Marina by Damac Properties, designed by Aedas Ltd with U+A Architects and Group Consult International. 86 storeys, handed over in 2018 — seven years newer than most of the Marina's landmark towers.
Damac built two other towers on the same stretch — Ocean Heights, also by Aedas, and the earlier Marina Terrace — giving the company a visible three-generation footprint on this part of the skyline, from 2006 through 2018.
Our own stock: average AED 2,351/ft² (~$640/ft²) across 1,761 sq ft units — solidly mid-table, newer than most of its neighbours at that price.
Price per square foot across the Marina
Damac Heights sits in the middle of the district, ahead of the older 2006-era towers and behind the top brands and branded residences — a fair rate for a well-located, recent building without a premium branding story attached.
| Tower | AED / ft² | Lots | Avg. size | Avg. price, AED m |
|---|---|---|---|---|
| Six Senses Residences | 7000 | 3 | 13,788 ft² | 85.67 |
| Vida Residences | 3685 | 4 | 1882 ft² | 6.85 |
| LIV Marina | 3534 | 6 | 1527 ft² | 5.43 |
| Marina Shores | 3301 | 11 | 1201 ft² | 3.85 |
| Marina Gate | 3284 | 5 | 1875 ft² | 6.00 |
| Stella Maris | 2874 | 3 | 3066 ft² | 9.06 |
| LIV Residence | 2626 | 3 | 1764 ft² | 4.63 |
| Al Majara | 2583 | 6 | 1365 ft² | 3.52 |
| Dubai Marina Towers | 2427 | 11 | 2424 ft² | 5.78 |
| Damac Heights | 2351 | 6 | 1761 ft² | 3.96 |
| Cayan Tower | 2325 | 3 | 3549 ft² | 7.67 |
| Marina Promenade | 2272 | 6 | 1748 ft² | 3.86 |
| Princess Tower | 1958 | 4 | 1952 ft² | 3.91 |
| Dorra Bay | 1685 | 3 | 1867 ft² | 3.11 |
| Emirates Crown | 1414 | 6 | 3469 ft² | 4.87 |
| Marina Crown | 1412 | 6 | 2739 ft² | 3.89 |
| Al Seef Tower | 1377 | 7 | 3553 ft² | 4.89 |
| Horizon Tower | 1327 | 3 | 2499 ft² | 3.32 |
Our own stock as of 28 August 2026, towers with three or more lots and a known area. District average — AED 2,588/ft², median lot AED 3.7 million out of 266 lots.
New build without the new-build premium
Newer construction usually attracts some premium simply for current-code engineering and unworn finishes; Damac Heights' mid-table price suggests that premium is modest here, likely because the Marina overall is already a mature, densely built district where "new" competes against dozens of established addresses rather than standing alone.
Compared with Damac's own 2010 tower, Ocean Heights, on the same stretch — Damac Heights runs close in price despite being eight years newer, which is a useful, apples-to-apples read on how much age actually costs on this specific street.
For an international buyer weighing new-build against established stock the way they would in London or Singapore, the Marina's answer is that the gap is smaller than in many mature Western markets — condition and specific address matter more here than the calendar year on the handover certificate.
Factsheet: 86 storeys, developer Damac Properties, architects Aedas Ltd, U+A Architects and Group Consult International, handed over 2018. Our own stock as of 28 August 2026: lots (size, price, price per square foot), comparison with Ocean Heights, price-per-square-foot table across Marina towers.
What the complex has
Swimming pool
Spa and sauna
Children's area
Parking
Where it is
Frequently asked about Damac Heights
Who is the developer of Damac Heights?
Damac Properties. The architecture is by Aedas Ltd, U+A Architects и Group Consult International.
How many floors does Damac Heights have?
86. The building has 335 m tall.
Has Damac Heights been handed over?
Yes, the building was handed over in 2018. This is ready housing: you can move in or let it out right after the deal.
Where is Damac Heights?
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.
How much does an apartment in Damac Heights cost?
The database currently holds 5 lots in this project, from 1 980 000 AED. The list changes daily — I will send a fresh selection for the building on request.
What is on site at Damac Heights?
Swimming pool, Spa and sauna, Children's area, Parking. The list comes from the project description and covers the whole complex.
In the news
What has been written about the building, its developer and Dubai Marina
Dubai Marina: five of the ten tallest residential buildings in the world
A district designed from nothing on a Vancouver waterfront model, built between 2003 and 2008. The numbers behind it, and what a fully man-made location tells you about how value is created in Dubai.
Orra Real Estate Development: JLT or the Marina, two districts a road apart
A developer with buildings on both sides of Sheikh Zayed Road. The two districts look interchangeable on a map and behave differently — here is what the price gap actually buys.
Halcon Real Estate: how to spot a building where nobody is in charge
A Dubai Marina tower from 2011. In buildings owned mostly by absent investors, decisions stop being made — and the symptoms are visible in an afternoon if you know them.
Condor Group: buying a just-finished flat from someone who never lived in it
A Dubai Marina tower completed in 2023. Much of the stock in a newly delivered building is sold on by off-plan investors — and buying from one is its own transaction.
Scope Investment: a 2022 tower, and the first wave of resales
A Dubai Marina tower completed a few years ago. Buildings at this age go through a predictable event that shapes their prices — and it is a buying opportunity if you can see it.
ABA Real Estate Development: building on the last plots of a finished district
A tall branded tower under construction in Dubai Marina. Infill development in a built-out district has a particular economics — for the buyer and for the neighbours.
ETA Star: an engineering group that built apartments
The property arm of a large regional engineering and contracting group, with towers in the Marina and on the Palm. What an engineering parent means in a delivered building.
32Group: how to value a Marina tower nobody has heard of
A smaller developer with a mid-2000s Dubai Marina building. Most towers are not landmarks, and valuing an ordinary one is a different exercise — here is how it works.
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
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