2-bed · 1,281 sqftOcean Heights Tower, Dubai Marina · 48th floor · completed 2010

4802, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in February 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4802 · DLD and Ejari recordsUpdated 26 November 2024
Last soldAED 1.53M24 February 2023
Current rentAED 140K /yr26 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4802, Ocean Heights Tower

What is 4802 worth today?

Last sold for AED 1,530,000 in 2023

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26 Nov 2024RentedNew contract
AED 140,000/yr12 months · AED 109 per sqft
13 Nov 2024RentedNew contract
AED 140,000/yr12 months · AED 109 per sqft
24 Feb 2023SoldReady
AED 1,530,000AED 1,194 per sqft
22 Jan 2012SoldReady
AED 3,706,000AED 2,893 per sqft
22 Apr 2010Sold by developerOff-plan
AED 3,706,000AED 2,893 per sqft

Source: Dubai Land Department. Updated 26 November 2024.

Key facts

Type
2-bed apartment
Size
1,281 sqft
Floor
48th of 80
Parking
P1-37
Developer
DAMAC
Completed
2010
Service charge
AED 20,900 /yr
Last sold
AED 1.53M · February 2023

About 4802, Ocean Heights Tower

4802 is a two-bedroom apartment of 1,281 sqft on the 48th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 24 February 2023 for AED 1,530,000, or AED 1,194 per sqft, 5% below the AED 1,258 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 26 November 2024, is AED 140,000 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 20,900 a year.

Sales and rents for 4802 over time

Sales
Unit 4802, each saleTypical two-bed in Ocean Heights Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,063,000; 2010 AED 2,329,625; 2011 AED 2,062,500; 2012 AED 1,860,000; 2013 AED 2,137,800; 2014 AED 2,800,000; 2015 AED 2,000,000; 2016 AED 2,012,500; 2017 AED 1,995,000; 2018 AED 1,997,500; 2019 AED 1,250,000; 2020 AED 950,000; 2021 AED 1,225,000; 2022 AED 1,800,000; 2023 AED 1,800,000; 2024 AED 2,050,000; 2025 AED 2,332,268Sold by developer, April 2010: AED 3,706,000 (AED 2,893 per sqft)Sold, January 2012: AED 3,706,000 (AED 2,893 per sqft)Sold, February 2023: AED 1,530,000 (AED 1,194 per sqft)

4802 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4802, each contractTypical two-bed in Ocean Heights Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 119,679; 2014 AED 140,000; 2015 AED 146,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 87,000; 2021 AED 85,625; 2022 AED 97,000; 2023 AED 115,000; 2024 AED 121,000; 2025 AED 130,000; 2026 AED 150,000New contract, November 2024: AED 140,000 a yearNew contract, November 2024: AED 140,000 a year

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

2-beds in Ocean Heights Tower, and where 4802 sits

All 196 2-beds →

4802 last sold in February 2023 at AED 1,194 per sqft, 5% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,258). Over the last 12 months two-beds sold for AED 2,100,000 to 3,100,000, around AED 1,819 per sqft, and rent for AED 113,400 to 200,000 a year. 4802's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Feb 20262,100,000
12 Jan 20262,800,000
26 Jun 20252,150,000
10 Jun 20252,314,535
3 2-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 48th floor

All 581 units in Ocean Heights Tower
Value
48013-bedAED 4.91M · Nov 2011
48032-bedAED 2.23M · Mar 2024
48041-bedAED 875K · Oct 2015
48051-bedAED 1.32M · Nov 2016
48062-bedAED 2.41M · Feb 2025
48073-bedAED 2.3M · Jul 2023

4802, Ocean Heights Tower in numbers

  • Sold 3 times: first on 22 April 2010 for AED 3,706,000, last on 24 February 2023 for AED 1,530,000 (AED 1,194 per sqft).
  • Rented since November 2024 on 2 Ejari contracts, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 9.2%, before a service charge of about AED 20,900 a year (AED 16.32 per sqft).
  • Two-beds in Ocean Heights Tower sold for AED 2,100,000–3,100,000 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 26 November 2024.

Questions about 4802, Ocean Heights Tower

What did unit 4802 last sell for?

AED 1,530,000 on 24 February 2023: AED 1,194 per sqft for 1,281 sqft. The unit has 3 registered sales; the first was AED 3,706,000 in April 2010.

What is the rent for unit 4802?

AED 140,000 a year on the contract signed on 26 November 2024. The previous contract, from November 2024, was AED 140,000.

How big is unit 4802?

1,281 sqft (119.0 sqm): a two-bedroom apartment on the 48th floor of a 80-storey tower completed in 2010.

What is unit 4802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Heights Tower sold for AED 2,100,000 to 3,100,000 in the last 12 months, around AED 1,819 per sqft.

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Mortgage on 4802, Ocean Heights Tower

Starts from the last sale price (AED 1.53M, 24 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

Plus AED 69,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →