3-bed · 1,836 sqftOcean Heights Tower, Dubai Marina · 23rd floor · completed 2010

2301, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 10 March 2024
Last soldAED 3.3M20 February 2013
Current rentAED 93K /yr10 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Ocean Heights Tower

What is 2301 worth today?

Last sold for AED 3,300,000 in 2013

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10 Mar 2024RentedRenewal
AED 92,500/yr12 months · AED 50 per sqft
10 Mar 2024RentedRenewal
AED 92,500/yr12 months · AED 50 per sqft
10 Mar 2023RentedRenewal
AED 92,500/yr12 months · AED 50 per sqft
10 Mar 2022RentedNew contract
AED 92,500/yr12 months · AED 50 per sqft
9 Mar 2022RentedRenewal
AED 92,500/yr12 months · AED 50 per sqft
9 Mar 2021RentedRenewal
AED 92,500/yr12 months · AED 50 per sqft
9 Mar 2020RentedRenewal
AED 115,000/yr12 months · AED 62 per sqft
9 Mar 2019RentedNew contract
AED 125,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 10 March 2024.

Key facts

Type
3-bed apartment
Size
1,836 sqft
Floor
23rd of 80
Parking
B1-84
Developer
DAMAC
Completed
2010
Service charge
AED 30,000 /yr
Last sold
AED 3.3M · February 2013

About 2301, Ocean Heights Tower

2301 is a three-bedroom apartment of 1,836 sqft on the 23rd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 20 February 2013 for AED 3,300,000, or AED 1,797 per sqft, 25% above the AED 1,439 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 10 March 2024, is AED 92,500 a year: a gross yield of 2.8% on the 2013 price, before the service charge of about AED 30,000 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, 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 3,105,001 (AED 1,691 per sqft)Sold, April 2011: AED 3,105,001 (AED 1,691 per sqft)Sold, February 2013: AED 3,300,000 (AED 1,797 per sqft)

2301 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2301, 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, July 2015: AED 200,000 a yearRenewal, July 2016: AED 200,000 a yearNew contract, January 2017: AED 185,000 a yearNew contract, March 2019: AED 125,000 a yearRenewal, March 2020: AED 115,000 a yearRenewal, March 2021: AED 92,500 a yearNew contract, March 2022: AED 92,500 a yearRenewal, March 2022: AED 92,500 a yearRenewal, March 2023: AED 92,500 a yearRenewal, March 2024: AED 92,500 a yearRenewal, March 2024: AED 92,500 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 2301 sits

All 72 3-beds →

2301 last sold in February 2013 at AED 1,797 per sqft, 25% above what three-beds in Ocean Heights Tower were fetching at the time (AED 1,439). 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. 2301's AED 92,500 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 23rd floor

All 581 units in Ocean Heights Tower
Value
23021-bedAED 1.43M · Feb 2024
23031-bedAED 1.54M · Aug 2011
23041-bedAED 1.38M · Apr 2015
23051-bedAED 1.23M · Nov 2023
23061-bedAED 1.53M · Aug 2011
23072-bedAED 2.11M · Jul 2011
23082-bedAED 1.65M · May 2012
1–7 of 8

2301, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 3,105,001, last on 20 February 2013 for AED 3,300,000 (AED 1,797 per sqft).
  • Rented since July 2015 on 11 Ejari contracts, from AED 200,000 to AED 92,500 a year.
  • At AED 92,500 a year the gross yield on the 2013 price is 2.8%, before a service charge of about AED 30,000 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 10 March 2024.

Questions about 2301, Ocean Heights Tower

What did unit 2301 last sell for?

AED 3,300,000 on 20 February 2013: AED 1,797 per sqft for 1,836 sqft. The unit has 3 registered sales; the first was AED 3,105,001 in July 2009.

What is the rent for unit 2301?

AED 92,500 a year on the contract renewed on 10 March 2024. The previous contract, from March 2024, was AED 92,500; the unit has been rented since July 2015.

How big is unit 2301?

1,836 sqft (170.6 sqm): a three-bedroom apartment on the 23rd floor of a 80-storey tower completed in 2010.

What is unit 2301 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 2301, Ocean Heights Tower

Starts from the last sale price (AED 3.3M, 20 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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