5404, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in December 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5404, Ocean Heights Tower
What is 5404 worth today?
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Source: Dubai Land Department. Updated 18 December 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 919 sqft
- Floor
- 54th of 80
- Parking
- P2-26
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 15,000 /yr
- Last sold
- AED 850K · December 2019
- Building
- Ocean Heights Tower
About 5404, Ocean Heights Tower
5404 is a one-bedroom apartment of 919 sqft on the 54th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 18 December 2019 for AED 850,000, or AED 924 per sqft, 8% below the AED 1,000 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 15 September 2019, is AED 75,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 15,000 a year.
Sales and rents for 5404 over time
5404 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 5404 sits
All 282 1-beds →5404 last sold in December 2019 at AED 924 per sqft, 8% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,000). 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. 5404's AED 75,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 926 sqft | 1,625,000 | 1,754 | ||
| 5 Feb 20265 February 2026 | 1,062 sqft | 1,500,000 | 1,412 | ||
| 4 Feb 20264 February 2026 | 1,050 sqft | 1,625,000 | 1,547 | ||
| 29 Dec 202529 December 2025 | 971 sqft | 1,365,000 | 1,405 |
Ocean Heights Tower
Building581 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%
Other units on the 54th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 3-bed | 2,036 sqft | AED 3.05MAED 3,050,000 · Feb 2018February 2018 | 155,000 /yr | |
| 5402 | 1-bed | 919 sqft | AED 1MAED 1,000,000 · Nov 2018November 2018 | 92,000 /yr | |
| 5403 | 2-bed | 1,598 sqft | AED 2MAED 2,000,000 · Apr 2022April 2022 | 145,000 /yr | |
| 5405 | 1-bed | 926 sqft | AED 1.34MAED 1,335,000 · Jul 2015July 2015 | 100,000 /yr | |
| 5406 | 2-bed | 1,582 sqft | AED 1.43MAED 1,425,000 · Jun 2021June 2021 | 165,000 /yr | |
| 5407 | 2-bed | 1,340 sqft | AED 2.68MAED 2,679,000 · Dec 2011December 2011 | 98,215 /yr | |
| 5408 | 1-bed | 907 sqft | AED 1.82MAED 1,819,000 · Aug 2011August 2011 | 125,000 /yr |
5404, Ocean Heights Tower in numbers
- Sold 3 times: first on 8 July 2009 for AED 1,100,000, last on 18 December 2019 for AED 850,000 (AED 924 per sqft).
- Rented since April 2014 on 4 Ejari contracts, from AED 52,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 15,000 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 18 December 2019.
Questions about 5404, Ocean Heights Tower
What did unit 5404 last sell for?
AED 850,000 on 18 December 2019: AED 924 per sqft for 919 sqft. The unit has 3 registered sales; the first was AED 1,100,000 in July 2009.
What is the rent for unit 5404?
AED 75,000 a year on the contract signed on 15 September 2019. The previous contract, from June 2018, was AED 95,000; the unit has been rented since April 2014.
How big is unit 5404?
919 sqft (85.4 sqm): a one-bedroom apartment on the 54th floor of a 80-storey tower completed in 2010.
What is unit 5404 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 5404, Ocean Heights Tower
Starts from the last sale price (AED 850K, 18 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus AED 40,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →