1701, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in April 2019, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, Ocean Heights Tower
What is 1701 worth today?
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Source: Dubai Land Department. Updated 23 April 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 1,589 sqft
- Floor
- 17th of 80
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.76M · April 2019
- Building
- Ocean Heights Tower
About 1701, Ocean Heights Tower
1701 is a three-bedroom apartment of 1,589 sqft on the 17th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 23 April 2019 for AED 1,760,000, or AED 1,107 per sqft, 22% below the AED 1,419 three-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 August 2017, is AED 175,000 a year: a gross yield of 9.9% on the 2019 price, before the service charge of about AED 25,900 a year.
Sales and rents for 1701 over time
1701 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 1701 sits
All 72 3-beds →1701 last sold in April 2019 at AED 1,107 per sqft, 22% below what three-beds in Ocean Heights Tower were fetching at the time (AED 1,419). 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. 1701's AED 175,000 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 17th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 1-bed | 1,107 sqft | AED 1.13MAED 1,134,675 · Dec 2011December 2011 | 90,000 /yr | |
| 1703 | 1-bed | 1,065 sqft | AED 1.45MAED 1,450,000 · Jun 2023June 2023 | 89,000 /yr | |
| 1704 | 1-bed | 1,183 sqft | AED 1.21MAED 1,206,491 · Oct 2022October 2022 | 95,000 /yr | |
| 1705 | 1-bed | 880 sqft | AED 1.27MAED 1,270,000 · Mar 2015March 2015 | 82,000 /yr | |
| 1706 | 1-bed | 878 sqft | AED 1.36MAED 1,360,000 · Jun 2014June 2014 | 70,000 /yr | |
| 1707 | 2-bed | 1,336 sqft | AED 1.34MAED 1,341,000 · May 2011May 2011 | 100,000 /yr | |
| 1708 | 2-bed | 1,243 sqft | AED 1.8MAED 1,800,000 · Oct 2022October 2022 | ||
| 1709 | 2-bed | 1,483 sqft | AED 1.8MAED 1,800,000 · Oct 2017October 2017 | ||
| 1710 | 1-bed | 912 sqft | AED 1.8MAED 1,800,000 · Sep 2024September 2024 | 110,000 /yr |
1701, Ocean Heights Tower in numbers
- Sold 3 times: first on 8 July 2009 for AED 2,093,850, last on 23 April 2019 for AED 1,760,000 (AED 1,107 per sqft).
- Rented since December 2014 on 3 Ejari contracts, at AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2019 price is 9.9%, before a service charge of about AED 25,900 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 23 April 2019.
Questions about 1701, Ocean Heights Tower
What did unit 1701 last sell for?
AED 1,760,000 on 23 April 2019: AED 1,107 per sqft for 1,589 sqft. The unit has 3 registered sales; the first was AED 2,093,850 in July 2009.
What is the rent for unit 1701?
AED 175,000 a year on the contract signed on 1 August 2017. The previous contract, from April 2016, was AED 195,000; the unit has been rented since December 2014.
How big is unit 1701?
1,589 sqft (147.6 sqm): a three-bedroom apartment on the 17th floor of a 80-storey tower completed in 2010.
What is unit 1701 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 1701, Ocean Heights Tower
Starts from the last sale price (AED 1.76M, 23 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,760,000
- Deposit, UAE resident (20%)
- AED 352,000
- Deposit, non-resident (40%)
- AED 704,000
- Monthly over 25 years at 3.7%
- AED 7,201
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →