1607, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in October 2024, 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 1607, Ocean Heights Tower
What is 1607 worth today?
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Source: Dubai Land Department. Updated 24 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,342 sqft
- Floor
- 16th of 80
- Parking
- B3-80
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 21,900 /yr
- Last sold
- AED 1.85M · October 2024
- Building
- Ocean Heights Tower
About 1607, Ocean Heights Tower
1607 is a two-bedroom apartment of 1,342 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 24 October 2024 for AED 1,850,000, or AED 1,378 per sqft, in line with the AED 1,378 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 20 March 2024, is AED 99,300 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 21,900 a year.
Sales and rents for 1607 over time
1607 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Ocean Heights Tower, and where 1607 sits
All 203 2-beds →1607 last sold in October 2024 at AED 1,378 per sqft, in line with what two-beds in Ocean Heights Tower were fetching at the time (AED 1,378). Over the last 12 months two-beds sold for AED 1,700,000 to 3,100,000, around AED 1,572 per sqft, and rent for AED 90,000 to 200,000 a year. 1607's AED 99,300 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jul 20267 July 2026 | 1,358 sqft | 1,800,000 | 1,325 | ||
| 25 Jun 202625 June 2026 | 1,329 sqft | 1,700,000 | 1,279 | ||
| 10 Jun 202610 June 2026 | 692 sqft | 2,000,000 | 2,890 | ||
| 3 Feb 20263 February 2026 | 1,609 sqft | 2,100,000 | 1,305 |
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 | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,605 sqft | AED 2.15MAED 2,150,000 · Mar 2013March 2013 | 170,000 /yr | |
| 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 | |
| 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 |
1607, Ocean Heights Tower in numbers
- Sold 3 times: first on 8 July 2009 for AED 1,346,000, last on 24 October 2024 for AED 1,850,000 (AED 1,378 per sqft).
- Rented since April 2013 on 13 Ejari contracts. The rent fell from AED 94,500 to AED 65,000 in 2021 and recovered to AED 99,300 by March 2024.
- At AED 99,300 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 21,900 a year (AED 16.32 per sqft).
- Two-beds in Ocean Heights Tower sold for AED 1,700,000–3,100,000 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 24 October 2024.
Questions about 1607, Ocean Heights Tower
What did unit 1607 last sell for?
AED 1,850,000 on 24 October 2024: AED 1,378 per sqft for 1,342 sqft. The unit has 3 registered sales; the first was AED 1,346,000 in July 2009.
What is the rent for unit 1607?
AED 99,300 a year on the contract renewed on 20 March 2024. The previous contract, from March 2024, was AED 99,300; the unit has been rented since April 2013.
How big is unit 1607?
1,342 sqft (124.7 sqm): a two-bedroom apartment on the 16th floor of a 80-storey tower completed in 2010.
What is unit 1607 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Heights Tower sold for AED 1,700,000 to 3,100,000 in the last 12 months, around AED 1,572 per sqft.
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Mortgage on 1607, Ocean Heights Tower
Starts from the last sale price (AED 1.85M, 24 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →