1-bed · 1,037 sqftOcean Heights Tower, Dubai Marina · 34th floor · completed 2010

3403, Ocean Heights Tower

Sold prices and rental history: sold twice, last in September 2013, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3403 · DLD and Ejari recordsUpdated 1 February 2018
Last soldAED 1.6M11 September 2013
Current rentAED 100K /yr1 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3403, Ocean Heights Tower

What is 3403 worth today?

Last sold for AED 1,601,304 in 2013

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1 Feb 2018RentedNew contract
AED 100,000/yr12 months · AED 97 per sqft
12 Jul 2016RentedNew contract
AED 110,000/yr12 months · AED 106 per sqft
11 Sep 2013SoldReady
AED 1,601,304AED 1,544 per sqft
8 Jul 2009Sold by developerOff-plan
AED 1,600,000AED 1,542 per sqft

Source: Dubai Land Department. Updated 1 February 2018.

Key facts

Type
1-bed apartment
Size
1,037 sqft
Floor
34th of 80
Parking
B3-47
Developer
DAMAC
Completed
2010
Service charge
AED 16,900 /yr
Last sold
AED 1.6M · September 2013

About 3403, Ocean Heights Tower

3403 is a one-bedroom apartment of 1,037 sqft on the 34th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 11 September 2013 for AED 1,601,304, or AED 1,544 per sqft, 24% above the AED 1,249 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 February 2018, is AED 100,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 16,900 a year.

Sales and rents for 3403 over time

Sales
Unit 3403, each saleTypical one-bed in Ocean Heights Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,246,000; 2010 AED 1,715,000; 2011 AED 1,207,000; 2012 AED 1,121,294; 2013 AED 1,330,000; 2014 AED 1,560,000; 2015 AED 1,320,000; 2016 AED 1,370,000; 2017 AED 1,300,000; 2018 AED 1,237,500; 2019 AED 928,000; 2020 AED 750,000; 2021 AED 960,000; 2022 AED 1,150,000; 2023 AED 1,300,000; 2024 AED 1,380,000; 2025 AED 1,365,000; 2026 AED 1,625,000Sold by developer, July 2009: AED 1,600,000 (AED 1,542 per sqft)Sold, September 2013: AED 1,601,304 (AED 1,544 per sqft)

3403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3403, each contractTypical one-bed in Ocean Heights Tower
75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 100,535; 2017 AED 95,000; 2018 AED 89,000; 2019 AED 78,000; 2020 AED 66,000; 2021 AED 65,000; 2022 AED 73,500; 2023 AED 87,500; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 104,500New contract, July 2016: AED 110,000 a yearNew contract, February 2018: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ocean Heights Tower, and where 3403 sits

All 282 1-beds →

3403 last sold in September 2013 at AED 1,544 per sqft, 24% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,249). Over the last 12 months one-beds sold for AED 1,365,000 to 1,625,000, around AED 1,480 per sqft, and rent for AED 79,406 to 175,000 a year. 3403's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 20261,625,000
5 Feb 20261,500,000
4 Feb 20261,625,000
29 Dec 20251,365,000
4 1-bed sales in the last 12 months

Ocean Heights Tower

Building

581 apartments, 1-bed to 5-bed over 80 floors in Dubai Marina, completed in 2010 by DAMAC. 9 sold in the last 12 months.

Typical price per sqft
AED 1,754
Typical sale
AED 2.1M
Typical rent
AED 130K /yr
Typical yield
5.8%
Ocean Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 34th floor

All 581 units in Ocean Heights Tower
Value
34013-bedAED 2.98M · May 2011
34021-bedAED 1.65M · Sep 2014
34041-bedAED 1.12M · Sep 2011
34051-bedAED 899K · May 2011
34061-bedAED 1.32M · Nov 2015
34072-bedAED 2.72M · Dec 2011
34082-bedAED 1.48M · Oct 2021
1–7 of 8

3403, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 1,600,000, last on 11 September 2013 for AED 1,601,304 (AED 1,544 per sqft).
  • Rented since July 2016 on 2 Ejari contracts, from AED 110,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2013 price is 6.2%, before a service charge of about AED 16,900 a year (AED 16.32 per sqft).
  • One-beds in Ocean Heights Tower sold for AED 1,365,000–1,625,000 in the 12 months to November 2026; the building's median across all types is AED 1,754 per sqft.

Source: Dubai Land Department. Updated 1 February 2018.

Questions about 3403, Ocean Heights Tower

What did unit 3403 last sell for?

AED 1,601,304 on 11 September 2013: AED 1,544 per sqft for 1,037 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in July 2009.

What is the rent for unit 3403?

AED 100,000 a year on the contract signed on 1 February 2018. The previous contract, from July 2016, was AED 110,000.

How big is unit 3403?

1,037 sqft (96.3 sqm): a one-bedroom apartment on the 34th floor of a 80-storey tower completed in 2010.

What is unit 3403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ocean Heights Tower sold for AED 1,365,000 to 1,625,000 in the last 12 months, around AED 1,480 per sqft.

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Mortgage on 3403, Ocean Heights Tower

Starts from the last sale price (AED 1.6M, 11 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,601,304
Deposit, UAE resident (20%)
AED 320,261
Deposit, non-resident (40%)
AED 640,522
Monthly over 25 years at 3.7%
AED 6,551

Plus AED 72,265 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →