1609, Ocean Heights Tower
Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, Ocean Heights Tower
What is 1609 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,523 sqft
- Floor
- 16th of 80
- Parking
- B1-78
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 24,900 /yr
- Last sold
- AED 2.14M · July 2011
- Building
- Ocean Heights Tower
About 1609, Ocean Heights Tower
1609 is a three-bedroom apartment of 1,523 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 20 July 2011 for AED 2,137,957, or AED 1,403 per sqft, 27% below the AED 1,909 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 1 July 2024, is AED 150,000 a year: a gross yield of 7.0% on the 2011 price, before the service charge of about AED 24,900 a year.
Sales and rents for 1609 over time
1609 has sold twice; 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 1609 sits
All 72 3-beds →1609 last sold in July 2011 at AED 1,403 per sqft, 27% below what three-beds in Ocean Heights Tower were fetching at the time (AED 1,909). 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. 1609's AED 150,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 1610 | 1-bed | 923 sqft | AED 1.57MAED 1,570,000 · Apr 2023April 2023 | 100,000 /yr |
1609, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 1,978,000, last on 20 July 2011 for AED 2,137,957 (AED 1,403 per sqft).
- Rented since August 2016 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 80,000 in 2020 and recovered to AED 150,000 by July 2024.
- At AED 150,000 a year the gross yield on the 2011 price is 7.0%, before a service charge of about AED 24,900 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 1 July 2024.
Questions about 1609, Ocean Heights Tower
What did unit 1609 last sell for?
AED 2,137,957 on 20 July 2011: AED 1,403 per sqft for 1,523 sqft. The unit has 2 registered sales; the first was AED 1,978,000 in July 2009.
What is the rent for unit 1609?
AED 150,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2024, was AED 150,000; the unit has been rented since August 2016.
How big is unit 1609?
1,523 sqft (141.5 sqm): a three-bedroom apartment on the 16th floor of a 80-storey tower completed in 2010.
What is unit 1609 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 1609, Ocean Heights Tower
Starts from the last sale price (AED 2.14M, 20 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,137,957
- Deposit, UAE resident (20%)
- AED 427,591
- Deposit, non-resident (40%)
- AED 855,183
- Monthly over 25 years at 3.7%
- AED 8,747
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →