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2-bed · 1,483 sqftOcean Heights Tower, Dubai Marina · 17th floor · completed 2010

1709, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in October 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 15 October 2017
Last soldAED 1.8M15 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1709, Ocean Heights Tower

What is 1709 worth today?

Last sold for AED 1,800,000 in 2017

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15 Oct 2017SoldReady
AED 1,800,000AED 1,213 per sqft
3 Oct 2013SoldReady
AED 2,000,000AED 1,348 per sqft
8 Jul 2009Sold by developerOff-plan
AED 2,000,000AED 1,348 per sqft

Source: Dubai Land Department. Updated 15 October 2017.

Key facts

Type
2-bed apartment
Size
1,483 sqft
Floor
17th of 80
Parking
nan
Developer
DAMAC
Completed
2010
Service charge
AED 24,200 /yr
Last sold
AED 1.8M · October 2017
Building
Ocean Heights Tower

About 1709, Ocean Heights Tower

1709 is a two-bedroom apartment of 1,483 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 15 October 2017 for AED 1,800,000, or AED 1,213 per sqft, 4% below the AED 1,268 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1709 over time

Sales
Unit 1709, 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 2,000,000 (AED 1,348 per sqft)Sold, October 2013: AED 2,000,000 (AED 1,348 per sqft)Sold, October 2017: AED 1,800,000 (AED 1,213 per sqft)

1709 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1709, each contractTypical two-bed in Ocean Heights Tower
100K150K2012201620202024Typical 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 130,000

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 1709 sits

All 203 2-beds →

1709 last sold in October 2017 at AED 1,213 per sqft, 4% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,268). 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.

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 17th floor

All 581 units in Ocean Heights Tower
Value
17013-bedAED 1.76M · Apr 2019
17021-bedAED 1.13M · Dec 2011
17031-bedAED 1.45M · Jun 2023
17041-bedAED 1.21M · Oct 2022
17051-bedAED 1.27M · Mar 2015
17061-bedAED 1.36M · Jun 2014
17072-bedAED 1.34M · May 2011
1–7 of 9

1709, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 2,000,000, last on 15 October 2017 for AED 1,800,000 (AED 1,213 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 15 October 2017.

Questions about 1709, Ocean Heights Tower

What did unit 1709 last sell for?

AED 1,800,000 on 15 October 2017: AED 1,213 per sqft for 1,483 sqft. The unit has 3 registered sales; the first was AED 2,000,000 in July 2009.

How big is unit 1709?

1,483 sqft (137.8 sqm): a two-bedroom apartment on the 17th floor of a 80-storey tower completed in 2010.

What is unit 1709 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 1709, Ocean Heights Tower

Starts from the last sale price (AED 1.8M, 15 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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