3-bed · 1,694 sqftOcean Heights Tower, Dubai Marina · 51st floor · completed 2010

5107, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5107 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 2.6M9 May 2024
Current rentAED 87K /yr15 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5107, Ocean Heights Tower

What is 5107 worth today?

Last sold for AED 2,600,000 in 2024

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9 May 2024SoldReady
AED 2,600,000AED 1,534 per sqft
15 Nov 2021RentedRenewal
AED 86,500/yr12 months · AED 51 per sqft
1 Sep 2019RentedRenewal
AED 122,000/yr12 months · AED 72 per sqft
27 Mar 2016RentedRenewal
AED 183,750/yr12 months · AED 109 per sqft
27 Mar 2015RentedNew contract
AED 175,000/yr12 months · AED 104 per sqft
27 Mar 2014RentedNew contract
AED 175,000/yr12 months · AED 104 per sqft
11 May 2011SoldReady
AED 3,340,000AED 1,971 per sqft
8 Jul 2009Sold by developerOff-plan
AED 3,340,000AED 1,971 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
3-bed apartment
Size
1,694 sqft
Floor
51st of 80
Parking
P2-79
Developer
DAMAC
Completed
2010
Service charge
AED 27,600 /yr
Last sold
AED 2.6M · May 2024

About 5107, Ocean Heights Tower

5107 is a three-bedroom apartment of 1,694 sqft on the 51st floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 9 May 2024 for AED 2,600,000, or AED 1,534 per sqft, 6% above the AED 1,445 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 November 2021, is AED 86,500 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 27,600 a year.

Sales and rents for 5107 over time

Sales
Unit 5107, each saleTypical three-bed in Ocean Heights Tower
2M3M4M20092013201720212025Typical sale price by year: 2009 AED 3,192,501; 2010 AED 2,307,360; 2011 AED 3,232,000; 2012 AED 2,442,000; 2013 AED 2,850,000; 2014 AED 3,750,000; 2017 AED 2,300,000; 2018 AED 3,050,500; 2020 AED 1,565,000; 2021 AED 2,150,000; 2022 AED 2,325,000; 2023 AED 2,500,000; 2024 AED 2,700,000Sold by developer, July 2009: AED 3,340,000 (AED 1,971 per sqft)Sold, May 2011: AED 3,340,000 (AED 1,971 per sqft)Sold, May 2024: AED 2,600,000 (AED 1,534 per sqft)

5107 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5107, each contractTypical three-bed in Ocean Heights Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 145,000; 2014 AED 167,500; 2015 AED 175,000; 2016 AED 185,000; 2017 AED 173,750; 2018 AED 156,500; 2019 AED 140,000; 2020 AED 122,500; 2021 AED 123,500; 2022 AED 143,750; 2023 AED 160,000; 2024 AED 178,997; 2025 AED 180,000; 2026 AED 187,500New contract, March 2014: AED 175,000 a yearNew contract, March 2015: AED 175,000 a yearRenewal, March 2016: AED 183,750 a yearRenewal, September 2019: AED 122,000 a yearRenewal, November 2021: AED 86,500 a year

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

3-beds in Ocean Heights Tower, and where 5107 sits

All 68 3-beds →

5107 last sold in May 2024 at AED 1,534 per sqft, 6% above what three-beds in Ocean Heights Tower were fetching at the time (AED 1,445). Over the last 12 months three-beds sold for AED 3,200,000 to 3,938,750, around AED 1,957 per sqft, and rent for AED 178,500 to 246,750 a year. 5107's AED 86,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Feb 20263,938,750
21 Jan 20263,200,000
23 Apr 20252,750,000
11 Dec 20244,000,000
2 3-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 51st floor

All 581 units in Ocean Heights Tower
Value
51013-bedAED 4.48M · Jul 2011
51022-bedAED 1.4M · Dec 2021
51032-bedAED 1.5M · Feb 2022
51041-bedAED 1.1M · May 2011
51051-bedAED 1.58M · Mar 2016
51062-bedAED 2.1M · May 2023

5107, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 3,340,000, last on 9 May 2024 for AED 2,600,000 (AED 1,534 per sqft).
  • Rented since March 2014 on 5 Ejari contracts, from AED 175,000 to AED 86,500 a year.
  • At AED 86,500 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 27,600 a year (AED 16.32 per sqft).
  • Three-beds in Ocean Heights Tower sold for AED 3,200,000–3,938,750 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 9 May 2024.

Questions about 5107, Ocean Heights Tower

What did unit 5107 last sell for?

AED 2,600,000 on 9 May 2024: AED 1,534 per sqft for 1,694 sqft. The unit has 3 registered sales; the first was AED 3,340,000 in July 2009.

What is the rent for unit 5107?

AED 86,500 a year on the contract renewed on 15 November 2021. The previous contract, from September 2019, was AED 122,000; the unit has been rented since March 2014.

How big is unit 5107?

1,694 sqft (157.4 sqm): a three-bedroom apartment on the 51st floor of a 80-storey tower completed in 2010.

What is unit 5107 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ocean Heights Tower sold for AED 3,200,000 to 3,938,750 in the last 12 months, around AED 1,957 per sqft.

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Mortgage on 5107, Ocean Heights Tower

Starts from the last sale price (AED 2.6M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →