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3-bed · 1,613 sqftOcean Heights Tower, Dubai Marina · 11th floor · completed 2010

1101, Ocean Heights Tower

Sold prices and rental history: sold 5 times, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 2.25M25 July 2024
Current rentAED 110K /yr20 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1101, Ocean Heights Tower

What is 1101 worth today?

Last sold for AED 2,250,000 in 2024

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25 Jul 2024SoldReady
AED 2,250,000AED 1,394 per sqft
20 Jan 2020RentedNew contract
AED 110,000/yr12 months · AED 68 per sqft
6 Dec 2018RentedRenewal
AED 161,500/yr12 months · AED 100 per sqft
7 Dec 2017RentedNew contract
AED 178,000/yr12 months · AED 110 per sqft
12 Nov 2016RentedNew contract
AED 170,000/yr12 months · AED 105 per sqft
1 Mar 2016RentedRenewal
AED 220,000/yr6 months · AED 136 per sqft
1 Mar 2015RentedNew contract
AED 210,000/yr12 months · AED 130 per sqft
18 Aug 2013SoldReady
AED 2,550,000AED 1,580 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
3-bed apartment
Size
1,613 sqft
Floor
11th of 80
Parking
B1-64
Developer
DAMAC
Completed
2010
Service charge
AED 26,300 /yr
Last sold
AED 2.25M · July 2024
Building
Ocean Heights Tower

About 1101, Ocean Heights Tower

1101 is a three-bedroom apartment of 1,613 sqft on the 11th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 25 July 2024 for AED 2,250,000, or AED 1,394 per sqft, 8% below the AED 1,519 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 20 January 2020, is AED 110,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 26,300 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical three-bed in Ocean Heights Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 3,184,501; 2010 AED 2,307,360; 2011 AED 3,226,000; 2012 AED 2,355,375; 2013 AED 2,800,000; 2014 AED 3,700,000; 2017 AED 2,300,000; 2018 AED 3,050,500; 2020 AED 1,565,000; 2021 AED 2,150,000; 2022 AED 2,050,000; 2023 AED 2,500,000; 2024 AED 2,600,000; 2026 AED 3,000,000Sold by developer, July 2009: AED 1,643,000 (AED 1,018 per sqft)Sold, July 2011: AED 1,743,781 (AED 1,081 per sqft)Sold, December 2011: AED 1,300,000 (AED 805 per sqft)Sold, August 2013: AED 2,550,000 (AED 1,580 per sqft)Sold, July 2024: AED 2,250,000 (AED 1,394 per sqft)

1101 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1101, each contractTypical three-bed in Ocean Heights Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 150,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 187,500; 2017 AED 175,000; 2018 AED 155,000; 2019 AED 137,500; 2020 AED 125,000; 2021 AED 118,500; 2022 AED 145,000; 2023 AED 160,000; 2024 AED 178,997; 2025 AED 190,000; 2026 AED 175,000New contract, March 2015: AED 210,000 a yearRenewal, March 2016: AED 220,000 a yearNew contract, November 2016: AED 170,000 a yearNew contract, December 2017: AED 178,000 a yearRenewal, December 2018: AED 161,500 a yearNew contract, January 2020: AED 110,000 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 1101 sits

All 72 3-beds →

1101 last sold in July 2024 at AED 1,394 per sqft, 8% below what three-beds in Ocean Heights Tower were fetching at the time (AED 1,519). Over the last 12 months three-beds sold for AED 1,500,000 to 3,938,750, around AED 1,770 per sqft, and rent for AED 150,000 to 246,750 a year. 1101's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,800,000
13 Oct 20262,800,000
6 Oct 20261,500,000
1 Oct 20262,741,952
9 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. 27 sold in the last 12 months.

Typical price per sqft
AED 1,609 Up 8.6%
Typical sale
AED 2.1M
Typical rent
AED 105K /yr
Typical yield
5.7%
Ocean Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 581 units in Ocean Heights Tower
Value
11021-bedAED 1M · Jul 2022
11031-bedAED 1.4M · Oct 2013
11041-bedAED 1.11M · May 2011
11051-bedAED 1.33M · Feb 2017
11061-bedAED 910K · May 2011
11072-bedAED 1.5M · Jul 2023
11082-bedAED 1.97M · Dec 2011
1–7 of 19

1101, Ocean Heights Tower in numbers

  • Sold 5 times: first on 8 July 2009 for AED 1,643,000, last on 25 July 2024 for AED 2,250,000 (AED 1,394 per sqft).
  • Rented since March 2015 on 6 Ejari contracts, from AED 210,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 26,300 a year (AED 16.32 per sqft).
  • Three-beds in Ocean Heights Tower sold for AED 1,500,000–3,938,750 in the 12 months to November 2026; the building's median across all types is AED 1,609 per sqft.

Source: Dubai Land Department. Updated 25 July 2024.

Questions about 1101, Ocean Heights Tower

What did unit 1101 last sell for?

AED 2,250,000 on 25 July 2024: AED 1,394 per sqft for 1,613 sqft. The unit has 5 registered sales; the first was AED 1,643,000 in July 2009.

What is the rent for unit 1101?

AED 110,000 a year on the contract signed on 20 January 2020. The previous contract, from December 2018, was AED 161,500; the unit has been rented since March 2015.

How big is unit 1101?

1,613 sqft (149.9 sqm): a three-bedroom apartment on the 11th floor of a 80-storey tower completed in 2010.

What is unit 1101 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 1,500,000 to 3,938,750 in the last 12 months, around AED 1,770 per sqft.

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Mortgage on 1101, Ocean Heights Tower

Starts from the last sale price (AED 2.25M, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →