7603, Ocean Heights Tower
Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7603, Ocean Heights Tower
What is 7603 worth today?
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Source: Dubai Land Department. Updated 3 June 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 2,623 sqft
- Floor
- 76th of 80
- Parking
- P1-87
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 42,800 /yr
- Last sold
- AED 2.35M · June 2022
- Building
- Ocean Heights Tower
About 7603, Ocean Heights Tower
7603 is a four-bedroom apartment of 2,623 sqft on the 76th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 3 June 2022 for AED 2,350,000, or AED 895 per sqft.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 25 January 2022, is AED 135,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 42,800 a year.
Sales and rents for 7603 over time
7603 has sold 4 times; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Ocean Heights Tower, and where 7603 sits
All 13 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Oct 202417 October 2024 | 2,476 sqft | 4,200,000 | 1,696 | ||
| 23 Feb 202423 February 2024 | 4,028 sqft | 10,000,000 | 2,482 | ||
| 27 Oct 202327 October 2023 | 2,819 sqft | 4,100,000 | 1,454 | ||
| 25 Jul 202325 July 2023 | 2,476 sqft | 4,200,000 | 1,696 |
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 | |
| 7602 | 5-bed | 2,896 sqft | AED 4.92MAED 4,923,200 · Feb 2012February 2012 | 269,638 /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 |
7603, Ocean Heights Tower in numbers
- Sold 4 times: first on 5 November 2009 for AED 12,807,000, last on 3 June 2022 for AED 2,350,000 (AED 895 per sqft).
- Rented since September 2013 on 4 Ejari contracts, from AED 185,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 42,800 a year (AED 16.32 per sqft).
Source: Dubai Land Department. Updated 3 June 2022.
Questions about 7603, Ocean Heights Tower
What did unit 7603 last sell for?
AED 2,350,000 on 3 June 2022: AED 895 per sqft for 2,623 sqft. The unit has 4 registered sales; the first was AED 12,807,000 in November 2009.
What is the rent for unit 7603?
AED 135,000 a year on the contract renewed on 25 January 2022. The previous contract, from December 2020, was AED 125,000; the unit has been rented since September 2013.
How big is unit 7603?
2,623 sqft (243.7 sqm): a four-bedroom apartment on the 76th floor of a 80-storey tower completed in 2010.
What is unit 7603 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 7603, Ocean Heights Tower
Starts from the last sale price (AED 2.35M, 3 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →