2-bed · 1,253 sqftOcean Heights Tower, Dubai Marina · 16th floor · completed 2010

1608, Ocean Heights Tower

Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 1.75M23 July 2011
Current rentAED 121K /yr22 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Ocean Heights Tower

What is 1608 worth today?

Last sold for AED 1,748,000 in 2011

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22 Jan 2025RentedRenewal
AED 121,000/yr12 months · AED 97 per sqft
22 Jan 2025RentedRenewal
AED 121,000/yr12 months · AED 97 per sqft
22 Jan 2024RentedRenewal
AED 110,000/yr12 months · AED 88 per sqft
22 Jan 2024RentedRenewal
AED 110,000/yr12 months · AED 88 per sqft
22 Jan 2023RentedNew contract
AED 100,000/yr12 months · AED 80 per sqft
26 Oct 2021RentedNew contract
AED 78,000/yr12 months · AED 62 per sqft
15 Jan 2021RentedNew contract
AED 85,000/yr6 months · AED 68 per sqft
15 Jan 2021RentedRenewal
AED 42,500/yr12 months · AED 34 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type
2-bed apartment
Size
1,253 sqft
Floor
16th of 80
Parking
nan
Developer
DAMAC
Completed
2010
Service charge
AED 20,400 /yr
Last sold
AED 1.75M · July 2011

About 1608, Ocean Heights Tower

1608 is a two-bedroom apartment of 1,253 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 23 July 2011 for AED 1,748,000, or AED 1,395 per sqft, 6% below the AED 1,489 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 16 Ejari contracts. The current contract, renewed on 22 January 2025, is AED 121,000 a year: a gross yield of 6.9% on the 2011 price, before the service charge of about AED 20,400 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical two-bed in Ocean Heights Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,070,000; 2010 AED 2,329,625; 2011 AED 2,070,000; 2012 AED 1,864,018; 2013 AED 2,137,800; 2014 AED 2,800,000; 2015 AED 2,000,000; 2016 AED 2,012,500; 2017 AED 1,995,000; 2018 AED 1,997,500; 2019 AED 1,250,000; 2020 AED 1,035,000; 2021 AED 1,225,000; 2022 AED 1,800,000; 2023 AED 1,800,000; 2024 AED 2,025,000; 2025 AED 2,250,000; 2026 AED 2,000,000Sold by developer, July 2009: AED 1,748,000 (AED 1,395 per sqft)Sold, July 2011: AED 1,748,000 (AED 1,395 per sqft)

1608 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1608, each contractTypical two-bed in Ocean Heights Tower
50K100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 120,000; 2014 AED 140,000; 2015 AED 143,325; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 121,000; 2019 AED 106,000; 2020 AED 88,500; 2021 AED 88,000; 2022 AED 97,608; 2023 AED 115,000; 2024 AED 121,000; 2025 AED 130,000; 2026 AED 130,000New contract, January 2013: AED 80,000 a yearNew contract, January 2014: AED 80,000 a yearRenewal, January 2015: AED 80,000 a yearRenewal, January 2016: AED 90,000 a yearNew contract, January 2017: AED 105,000 a yearNew contract, January 2018: AED 110,000 a yearNew contract, January 2019: AED 105,000 a yearRenewal, January 2020: AED 85,000 a yearNew contract, January 2021: AED 85,000 a yearRenewal, January 2021: AED 42,500 a yearNew contract, October 2021: AED 78,000 a yearNew contract, January 2023: AED 100,000 a yearRenewal, January 2024: AED 110,000 a yearRenewal, January 2024: AED 110,000 a yearRenewal, January 2025: AED 121,000 a yearRenewal, January 2025: AED 121,000 a year

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 1608 sits

All 203 2-beds →

1608 last sold in July 2011 at AED 1,395 per sqft, 6% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,489). 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. 1608's AED 121,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jul 20261,800,000
25 Jun 20261,700,000
10 Jun 20262,000,000
3 Feb 20262,100,000
6 2-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 16th floor

All 581 units in Ocean Heights Tower
Value
16013-bedAED 2.15M · Mar 2013
16021-bedAED 1.35M · Apr 2024
16031-bedAED 1.23M · Jun 2018
16041-bedAED 1.15M · Jan 2012
16051-bedAED 3.31M · Jul 2011
16061-bedAED 1.39M · Apr 2012
16072-bedAED 1.85M · Oct 2024
1–7 of 9

1608, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 1,748,000, last on 23 July 2011 for AED 1,748,000 (AED 1,395 per sqft).
  • Rented since January 2013 on 16 Ejari contracts. The rent fell from AED 80,000 to AED 42,500 in 2021 and recovered to AED 121,000 by January 2025.
  • At AED 121,000 a year the gross yield on the 2011 price is 6.9%, before a service charge of about AED 20,400 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 22 January 2025.

Questions about 1608, Ocean Heights Tower

What did unit 1608 last sell for?

AED 1,748,000 on 23 July 2011: AED 1,395 per sqft for 1,253 sqft. The unit has 2 registered sales; the first was AED 1,748,000 in July 2009.

What is the rent for unit 1608?

AED 121,000 a year on the contract renewed on 22 January 2025. The previous contract, from January 2025, was AED 121,000; the unit has been rented since January 2013.

How big is unit 1608?

1,253 sqft (116.4 sqm): a two-bedroom apartment on the 16th floor of a 80-storey tower completed in 2010.

What is unit 1608 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 1608, Ocean Heights Tower

Starts from the last sale price (AED 1.75M, 23 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,748,000
Deposit, UAE resident (20%)
AED 349,600
Deposit, non-resident (40%)
AED 699,200
Monthly over 25 years at 3.7%
AED 7,152

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