3-bed · 1,534 sqftOcean Heights Tower, Dubai Marina · 19th floor · completed 2010

1901, Ocean Heights Tower

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1901 · DLD and Ejari recordsUpdated 24 October 2023
Last soldAED 2.29M2 October 2013
Current rentAED 155K /yr24 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1901, Ocean Heights Tower

What is 1901 worth today?

Last sold for AED 2,285,000 in 2013

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24 Oct 2023RentedNew contract
AED 155,000/yr24 months · AED 101 per sqft
18 Oct 2022RentedRenewal
AED 102,000/yr12 months · AED 66 per sqft
18 Oct 2021RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
18 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
28 Dec 2019RentedRenewal
AED 130,000/yr6 months · AED 85 per sqft
28 Dec 2018RentedRenewal
AED 130,000/yr12 months · AED 85 per sqft
28 Dec 2017RentedNew contract
AED 140,000/yr12 months · AED 91 per sqft
1 Oct 2016RentedRenewal
AED 165,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 24 October 2023.

Key facts

Type
3-bed apartment
Size
1,534 sqft
Floor
19th of 80
Parking
nan
Developer
DAMAC
Completed
2010
Service charge
AED 25,000 /yr
Last sold
AED 2.29M · October 2013

About 1901, Ocean Heights Tower

1901 is a three-bedroom apartment of 1,534 sqft on the 19th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 2 October 2013 for AED 2,285,000, or AED 1,489 per sqft, in line with the AED 1,459 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 24 October 2023, is AED 155,000 a year: a gross yield of 6.8% on the 2013 price, before the service charge of about AED 25,000 a year.

Sales and rents for 1901 over time

Sales
Unit 1901, each saleTypical three-bed in Ocean Heights Tower
2M3M4M2009201420192024Typical sale price by year: 2009 AED 3,184,501; 2010 AED 2,307,360; 2011 AED 3,226,000; 2012 AED 2,355,375; 2013 AED 2,800,000; 2014 AED 3,700,000; 2017 AED 2,300,000; 2018 AED 3,050,500; 2020 AED 1,565,000; 2021 AED 2,150,000; 2022 AED 2,050,000; 2023 AED 2,500,000; 2024 AED 2,600,000; 2026 AED 3,000,000Sold by developer, July 2009: AED 2,285,000 (AED 1,489 per sqft)Sold, October 2013: AED 2,285,000 (AED 1,489 per sqft)

1901 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1901, each contractTypical three-bed in Ocean Heights Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 150,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 187,500; 2017 AED 175,000; 2018 AED 155,000; 2019 AED 137,500; 2020 AED 125,000; 2021 AED 118,500; 2022 AED 145,000; 2023 AED 160,000; 2024 AED 178,997; 2025 AED 190,000; 2026 AED 175,000New contract, October 2014: AED 150,000 a yearNew contract, October 2015: AED 150,000 a yearRenewal, October 2016: AED 165,000 a yearNew contract, December 2017: AED 140,000 a yearRenewal, December 2018: AED 130,000 a yearRenewal, December 2019: AED 130,000 a yearNew contract, October 2020: AED 80,000 a yearRenewal, October 2021: AED 90,000 a yearRenewal, October 2022: AED 102,000 a yearNew contract, October 2023: AED 155,000 a year

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 1901 sits

All 72 3-beds →

1901 last sold in October 2013 at AED 1,489 per sqft, in line with what three-beds in Ocean Heights Tower were fetching at the time (AED 1,459). 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. 1901's AED 155,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,800,000
13 Oct 20262,800,000
6 Oct 20261,500,000
1 Oct 20262,741,952
9 3-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 19th floor

All 581 units in Ocean Heights Tower
Value
19021-bedAED 825K · Aug 2014
19031-bedAED 1.4M · Jun 2016
19041-bedAED 1.5M · Aug 2013
19051-bedAED 675K · Jul 2014
19061-bedAED 1.16M · May 2013
19072-bedAED 1.75M · Sep 2016
19082-bedAED 1.66M · May 2011
1–7 of 9

1901, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 2,285,000, last on 2 October 2013 for AED 2,285,000 (AED 1,489 per sqft).
  • Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 150,000 to AED 80,000 in 2020 and recovered to AED 155,000 by October 2023.
  • At AED 155,000 a year the gross yield on the 2013 price is 6.8%, before a service charge of about AED 25,000 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 24 October 2023.

Questions about 1901, Ocean Heights Tower

What did unit 1901 last sell for?

AED 2,285,000 on 2 October 2013: AED 1,489 per sqft for 1,534 sqft. The unit has 2 registered sales; the first was AED 2,285,000 in July 2009.

What is the rent for unit 1901?

AED 155,000 a year on the contract signed on 24 October 2023. The previous contract, from October 2022, was AED 102,000; the unit has been rented since October 2014.

How big is unit 1901?

1,534 sqft (142.5 sqm): a three-bedroom apartment on the 19th floor of a 80-storey tower completed in 2010.

What is unit 1901 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 1901, Ocean Heights Tower

Starts from the last sale price (AED 2.29M, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,285,000
Deposit, UAE resident (20%)
AED 457,000
Deposit, non-resident (40%)
AED 914,000
Monthly over 25 years at 3.7%
AED 9,349

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