1601, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in March 2013, 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 1601, Ocean Heights Tower
What is 1601 worth today?
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Source: Dubai Land Department. Updated 20 January 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,605 sqft
- Floor
- 16th of 80
- Parking
- P1 - 50
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 26,200 /yr
- Last sold
- AED 2.15M · March 2013
- Building
- Ocean Heights Tower
About 1601, Ocean Heights Tower
1601 is a three-bedroom apartment of 1,605 sqft on the 16th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 10 March 2013 for AED 2,150,000, or AED 1,339 per sqft, in line with the AED 1,367 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 January 2024, is AED 170,000 a year: a gross yield of 7.9% on the 2013 price, before the service charge of about AED 26,200 a year.
Sales and rents for 1601 over time
1601 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 1601 sits
All 72 3-beds →1601 last sold in March 2013 at AED 1,339 per sqft, in line with what three-beds in Ocean Heights Tower were fetching at the time (AED 1,367). 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. 1601's AED 170,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,791 sqft | 2,800,000 | 1,563 | ||
| 13 Oct 202613 October 2026 | 1,761 sqft | 2,800,000 | 1,590 | ||
| 6 Oct 20266 October 2026 | 847 sqft | 1,500,000 | 1,770 | ||
| 1 Oct 20261 October 2026 | 1,708 sqft | 2,741,952 | 1,605 |
Ocean Heights Tower
Building581 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%
Other units on the 16th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 1-bed | 1,109 sqft | AED 1.35MAED 1,350,000 · Apr 2024April 2024 | 93,000 /yr | |
| 1603 | 1-bed | 1,064 sqft | AED 1.23MAED 1,225,000 · Jun 2018June 2018 | 85,000 /yr | |
| 1604 | 1-bed | 1,184 sqft | AED 1.15MAED 1,151,000 · Jan 2012January 2012 | 110,000 /yr | |
| 1605 | 1-bed | 880 sqft | AED 3.31MAED 3,309,240 · Jul 2011July 2011 | 80,580 /yr | |
| 1606 | 1-bed | 878 sqft | AED 1.39MAED 1,388,903 · Apr 2012April 2012 | 90,000 /yr | |
| 1607 | 2-bed | 1,342 sqft | AED 1.85MAED 1,850,000 · Oct 2024October 2024 | 99,300 /yr | |
| 1608 | 2-bed | 1,253 sqft | AED 1.75MAED 1,748,000 · Jul 2011July 2011 | 121,000 /yr | |
| 1609 | 3-bed | 1,523 sqft | AED 2.14MAED 2,137,957 · Jul 2011July 2011 | 150,000 /yr | |
| 1610 | 1-bed | 923 sqft | AED 1.57MAED 1,570,000 · Apr 2023April 2023 | 100,000 /yr |
1601, Ocean Heights Tower in numbers
- Sold 3 times: first on 8 July 2009 for AED 1,626,000, last on 10 March 2013 for AED 2,150,000 (AED 1,339 per sqft).
- Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 115,000 in 2020 and recovered to AED 170,000 by January 2024.
- At AED 170,000 a year the gross yield on the 2013 price is 7.9%, before a service charge of about AED 26,200 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 20 January 2024.
Questions about 1601, Ocean Heights Tower
What did unit 1601 last sell for?
AED 2,150,000 on 10 March 2013: AED 1,339 per sqft for 1,605 sqft. The unit has 3 registered sales; the first was AED 1,626,000 in July 2009.
What is the rent for unit 1601?
AED 170,000 a year on the contract renewed on 20 January 2024. The previous contract, from January 2024, was AED 170,000; the unit has been rented since February 2013.
How big is unit 1601?
1,605 sqft (149.1 sqm): a three-bedroom apartment on the 16th floor of a 80-storey tower completed in 2010.
What is unit 1601 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 1601, Ocean Heights Tower
Starts from the last sale price (AED 2.15M, 10 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →