3-bed · 1,851 sqftOcean Heights Tower, Dubai Marina · 22nd floor · completed 2010

2201, Ocean Heights Tower

Sold prices and rental history: sold 4 times, last in July 2024, and rented once, from October 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 2.8M25 July 2024
Current rentAED 110K /yr5 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Ocean Heights Tower

What is 2201 worth today?

Last sold for AED 2,800,000 in 2024

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25 Jul 2024SoldReady
AED 2,800,000AED 1,512 per sqft
4 Jan 2023SoldReady
AED 2,425,000AED 1,310 per sqft
5 Oct 2020RentedNew contract
AED 110,000/yr12 months · AED 59 per sqft
11 Dec 2017SoldReady
AED 1,075,000AED 580 per sqft
8 Jul 2009Sold by developerOff-plan
AED 2,686,000AED 1,451 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
3-bed apartment
Size
1,851 sqft
Floor
22nd of 80
Parking
B1-82
Developer
DAMAC
Completed
2010
Service charge
AED 30,200 /yr
Last sold
AED 2.8M · July 2024

About 2201, Ocean Heights Tower

2201 is a three-bedroom apartment of 1,851 sqft on the 22nd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 25 July 2024 for AED 2,800,000, or AED 1,512 per sqft, in line with the AED 1,519 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 October 2020. The current contract, signed on 5 October 2020, is AED 110,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 30,200 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, each saleTypical three-bed in Ocean Heights Tower
2M4M2009201420192024Typical 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 2,686,000 (AED 1,451 per sqft)Sold, December 2017: AED 1,075,000 (AED 580 per sqft)Sold, January 2023: AED 2,425,000 (AED 1,310 per sqft)Sold, July 2024: AED 2,800,000 (AED 1,512 per sqft)

2201 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2201, 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 2020: AED 110,000 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 2201 sits

All 72 3-beds →

2201 last sold in July 2024 at AED 1,512 per sqft, in line with what three-beds in Ocean Heights Tower were fetching at the time (AED 1,519). 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. 2201's AED 110,000 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 22nd floor

All 581 units in Ocean Heights Tower
Value
22021-bedAED 1.45M · Apr 2011
22031-bedAED 1.05M · Mar 2022
22041-bedAED 1.34M · Dec 2011
22051-bedAED 1.07M · Jun 2011
22061-bedAED 1.23M · Aug 2011
22072-bedAED 2.4M · Aug 2011
22082-bedAED 1.8M · May 2023
1–7 of 8

2201, Ocean Heights Tower in numbers

  • Sold 4 times: first on 8 July 2009 for AED 2,686,000, last on 25 July 2024 for AED 2,800,000 (AED 1,512 per sqft).
  • Rented since October 2020 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 3.9%, before a service charge of about AED 30,200 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 25 July 2024.

Questions about 2201, Ocean Heights Tower

What did unit 2201 last sell for?

AED 2,800,000 on 25 July 2024: AED 1,512 per sqft for 1,851 sqft. The unit has 4 registered sales; the first was AED 2,686,000 in July 2009.

What is the rent for unit 2201?

AED 110,000 a year on the contract signed on 5 October 2020.

How big is unit 2201?

1,851 sqft (172.0 sqm): a three-bedroom apartment on the 22nd floor of a 80-storey tower completed in 2010.

What is unit 2201 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 2201, Ocean Heights Tower

Starts from the last sale price (AED 2.8M, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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