7602, Ocean Heights Tower
Sold prices and rental history: sold once, by the developer in February 2012, 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 7602, Ocean Heights Tower
What is 7602 worth today?
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Source: Dubai Land Department. Updated 30 July 2024.
Key facts
- Type
- 5-bed apartment
- Size
- 2,896 sqft
- Floor
- 76th of 80
- Parking
- P3-92A, P3-92B
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 47,300 /yr
- Last sold
- AED 4.92M · February 2012
- Building
- Ocean Heights Tower
About 7602, Ocean Heights Tower
7602 is a five-bedroom apartment of 2,896 sqft on the 76th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. The developer sold it on 26 February 2012 for AED 4,923,200, or AED 1,699 per sqft.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 30 July 2024, is AED 269,638 a year: a gross yield of 5.5% on the 2012 price, before the service charge of about AED 47,300 a year.
5-beds in Ocean Heights Tower, and where 7602 sits
All 4 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 201527 August 2015 | 4,498 sqft | 10,165,480 | 2,259 | ||
| 1 Oct 20131 October 2013 | 11,022 sqft | 18,500,000 | 1,678 | ||
| 28 Feb 201228 February 2012 | 11,270 sqft | 25,550,000 | 2,267 |
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 76th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7601 | 2-bed | 1,541 sqft | AED 2.75MAED 2,750,000 · Oct 2024October 2024 | 250,000 /yr | |
| 7603 | 4-bed | 2,623 sqft | AED 2.35MAED 2,350,000 · Jun 2022June 2022 | 135,000 /yr | |
| 7604 | 1-bed | 945 sqft | AED 1.1MAED 1,098,520 · Jan 2012January 2012 | 100,000 /yr | |
| 7605 | 1-bed | 1,037 sqft | AED 3.37MAED 3,371,667 · Jun 2013June 2013 | 90,000 /yr | |
| 7606 | 1-bed | 1,097 sqft | AED 1.81MAED 1,810,050 · Oct 2011October 2011 | 135,000 /yr |
7602, Ocean Heights Tower in numbers
- Sold once: by DAMAC on 26 February 2012 for AED 4,923,200, or AED 1,699 per sqft.
- Rented since November 2014 on 6 Ejari contracts, from AED 75,000 to AED 269,638 a year.
- At AED 269,638 a year the gross yield on the 2012 price is 5.5%, before a service charge of about AED 47,300 a year (AED 16.32 per sqft).
Source: Dubai Land Department. Updated 30 July 2024.
Questions about 7602, Ocean Heights Tower
What did unit 7602 last sell for?
AED 4,923,200 on 26 February 2012, sold by the developer: AED 1,699 per sqft for 2,896 sqft. It is the only registered sale of the unit.
What is the rent for unit 7602?
AED 269,638 a year on the contract renewed on 30 July 2024. The previous contract, from May 2023, was AED 260,000; the unit has been rented since November 2014.
How big is unit 7602?
2,896 sqft (269.0 sqm): a five-bedroom apartment on the 76th floor of a 80-storey tower completed in 2010.
What is unit 7602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 7602, Ocean Heights Tower
Starts from the last sale price (AED 4.92M, 26 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 4,923,200
- Deposit, UAE resident (20%)
- AED 984,640
- Deposit, non-resident (40%)
- AED 1,969,280
- Monthly over 25 years at 3.7%
- AED 20,142
Plus AED 211,784 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →