2-bed · 1,104 sqftOcean Heights Tower, Dubai Marina · 22nd floor · completed 2010

2208, Ocean Heights Tower

Sold prices and rental history: sold 5 times, last in May 2023, and rented once, from December 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2208 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 1.8M24 May 2023
Current rentAED 137K /yr1 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2208, Ocean Heights Tower

What is 2208 worth today?

Last sold for AED 1,800,000 in 2023

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24 May 2023SoldReady
AED 1,800,000AED 1,630 per sqft
12 Dec 2022SoldReady
AED 1,450,000AED 1,313 per sqft
1 Dec 2015RentedNew contract
AED 137,000/yr12 months · AED 124 per sqft
28 Feb 2013SoldReady
AED 1,400,000AED 1,268 per sqft
28 Dec 2011SoldReady
AED 825,000AED 747 per sqft
13 Jul 2009Sold by developerOff-plan
AED 825,000AED 747 per sqft

Source: Dubai Land Department. Updated 24 May 2023.

Key facts

Type
2-bed apartment
Size
1,104 sqft
Floor
22nd of 80
Parking
B3-92
Developer
DAMAC
Completed
2010
Service charge
AED 18,000 /yr
Last sold
AED 1.8M · May 2023

About 2208, Ocean Heights Tower

2208 is a two-bedroom apartment of 1,104 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 24 May 2023 for AED 1,800,000, or AED 1,630 per sqft, 27% above the AED 1,282 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2015. The current contract, signed on 1 December 2015, is AED 137,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 18,000 a year.

Sales and rents for 2208 over time

Sales
Unit 2208, 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 825,000 (AED 747 per sqft)Sold, December 2011: AED 825,000 (AED 747 per sqft)Sold, February 2013: AED 1,400,000 (AED 1,268 per sqft)Sold, December 2022: AED 1,450,000 (AED 1,313 per sqft)Sold, May 2023: AED 1,800,000 (AED 1,630 per sqft)

2208 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2208, 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 130,000New contract, December 2015: AED 137,000 a year

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 2208 sits

All 203 2-beds →

2208 last sold in May 2023 at AED 1,630 per sqft, 27% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,282). 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. 2208's AED 137,000 is in the lower half of that range.

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 22nd floor

All 581 units in Ocean Heights Tower
Value
22013-bedAED 2.8M · Jul 2024
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
1–7 of 8

2208, Ocean Heights Tower in numbers

  • Sold 5 times: first on 13 July 2009 for AED 825,000, last on 24 May 2023 for AED 1,800,000 (AED 1,630 per sqft).
  • Rented since December 2015 on one Ejari contract, at AED 137,000 a year.
  • At AED 137,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 18,000 a year (AED 16.32 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 24 May 2023.

Questions about 2208, Ocean Heights Tower

What did unit 2208 last sell for?

AED 1,800,000 on 24 May 2023: AED 1,630 per sqft for 1,104 sqft. The unit has 5 registered sales; the first was AED 825,000 in July 2009.

What is the rent for unit 2208?

AED 137,000 a year on the contract signed on 1 December 2015.

How big is unit 2208?

1,104 sqft (102.6 sqm): a two-bedroom apartment on the 22nd floor of a 80-storey tower completed in 2010.

What is unit 2208 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 2208, Ocean Heights Tower

Starts from the last sale price (AED 1.8M, 24 May 2023). 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 →