3-bed · 1,894 sqftOcean Heights Tower, Dubai Marina · 21st floor · completed 2010

2109, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in October 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2109 · DLD and Ejari recordsUpdated 7 August 2014
Last soldAED 2.5M1 October 2013
Current rentAED 140K /yr7 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2109, Ocean Heights Tower

What is 2109 worth today?

Last sold for AED 2,500,000 in 2013

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7 Aug 2014RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
1 Oct 2013SoldReady
AED 2,500,000AED 1,319 per sqft
18 Sep 2013SoldReady
AED 3,065,463AED 1,618 per sqft
7 Aug 2013RentedNew contract
AED 80,000/yr12 months · AED 42 per sqft
8 Jul 2009Sold by developerOff-plan
AED 2,628,000AED 1,387 per sqft

Source: Dubai Land Department. Updated 7 August 2014.

Key facts

Type
3-bed apartment
Size
1,894 sqft
Floor
21st of 80
Parking
B1-81
Developer
DAMAC
Completed
2010
Service charge
AED 30,900 /yr
Last sold
AED 2.5M · October 2013

About 2109, Ocean Heights Tower

2109 is a three-bedroom apartment of 1,894 sqft on the 21st floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 1 October 2013 for AED 2,500,000, or AED 1,319 per sqft, 10% below the AED 1,459 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 7 August 2014, is AED 140,000 a year: a gross yield of 5.6% on the 2013 price, before the service charge of about AED 30,900 a year.

Sales and rents for 2109 over time

Sales
Unit 2109, 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 2,628,000 (AED 1,387 per sqft)Sold, September 2013: AED 3,065,463 (AED 1,618 per sqft)Sold, October 2013: AED 2,500,000 (AED 1,319 per sqft)

2109 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2109, 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, August 2013: AED 80,000 a yearNew contract, August 2014: AED 140,000 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 2109 sits

All 72 3-beds →

2109 last sold in October 2013 at AED 1,319 per sqft, 10% below 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. 2109's AED 140,000 is at the bottom 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 21st floor

All 581 units in Ocean Heights Tower
Value
21013-bedAED 3.7M · Jun 2014
21021-bedAED 850K · Jan 2020
21031-bedAED 1.41M · Jul 2017
21041-bedAED 1.38M · Jun 2024
21051-bedAED 847K · Jul 2011
21061-bedAED 1.93M · Jul 2012
21072-bedAED 1.7M · Jun 2026
1–7 of 8

2109, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 2,628,000, last on 1 October 2013 for AED 2,500,000 (AED 1,319 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 80,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2013 price is 5.6%, before a service charge of about AED 30,900 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 7 August 2014.

Questions about 2109, Ocean Heights Tower

What did unit 2109 last sell for?

AED 2,500,000 on 1 October 2013: AED 1,319 per sqft for 1,894 sqft. The unit has 3 registered sales; the first was AED 2,628,000 in July 2009.

What is the rent for unit 2109?

AED 140,000 a year on the contract signed on 7 August 2014. The previous contract, from August 2013, was AED 80,000.

How big is unit 2109?

1,894 sqft (176.0 sqm): a three-bedroom apartment on the 21st floor of a 80-storey tower completed in 2010.

What is unit 2109 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 2109, Ocean Heights Tower

Starts from the last sale price (AED 2.5M, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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