2406, Ocean Heights Tower
Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2406, Ocean Heights Tower
What is 2406 worth today?
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Source: Dubai Land Department. Updated 26 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 877 sqft
- Floor
- 24th of 80
- Parking
- B3-12
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 1.2M · August 2023
- Building
- Ocean Heights Tower
About 2406, Ocean Heights Tower
2406 is a one-bedroom apartment of 877 sqft on the 24th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 4 August 2023 for AED 1,200,000, or AED 1,368 per sqft, 11% above the AED 1,230 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 26 November 2023, is AED 88,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 14,300 a year.
Sales and rents for 2406 over time
2406 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Ocean Heights Tower, and where 2406 sits
All 288 1-beds →2406 last sold in August 2023 at AED 1,368 per sqft, 11% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,230). Over the last 12 months one-beds sold for AED 1,253,115 to 2,800,000, around AED 1,651 per sqft, and rent for AED 66,000 to 175,000 a year. 2406's AED 88,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,422 sqft | 2,800,000 | 1,969 | ||
| 24 Jul 202624 July 2026 | 885 sqft | 1,300,000 | 1,468 | ||
| 14 Jul 202614 July 2026 | 826 sqft | 1,253,115 | 1,517 | ||
| 11 Jun 202611 June 2026 | 1,053 sqft | 2,030,000 | 1,927 |
Ocean Heights Tower
Building581 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%
Other units on the 24th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,815 sqft | AED 2.27MAED 2,268,750 · Apr 2012April 2012 | ||
| 2402 | 1-bed | 1,098 sqft | AED 1.1MAED 1,100,000 · Jul 2021July 2021 | 60,000 /yr | |
| 2403 | 1-bed | 1,071 sqft | AED 1.67MAED 1,670,000 · Jun 2014June 2014 | ||
| 2404 | 1-bed | 1,160 sqft | AED 1.35MAED 1,350,000 · Feb 2023February 2023 | 102,000 /yr | |
| 2405 | 1-bed | 885 sqft | AED 1.3MAED 1,300,000 · Jul 2026July 2026 | 80,500 /yr | |
| 2407 | 2-bed | 1,411 sqft | AED 2.23MAED 2,225,000 · Sep 2025September 2025 | 120,670 /yr | |
| 2408 | 2-bed | 1,079 sqft | AED 2.07MAED 2,072,000 · Feb 2013February 2013 | ||
| 2409 | 3-bed | 1,758 sqft | AED 2.7MAED 2,700,000 · Dec 2022December 2022 |
2406, Ocean Heights Tower in numbers
- Sold 4 times: first on 8 July 2009 for AED 914,000, last on 4 August 2023 for AED 1,200,000 (AED 1,368 per sqft).
- Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 52,500 in 2020 and recovered to AED 88,000 by November 2023.
- At AED 88,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 14,300 a year (AED 16.32 per sqft).
- One-beds in Ocean Heights Tower sold for AED 1,253,115–2,800,000 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 26 November 2023.
Questions about 2406, Ocean Heights Tower
What did unit 2406 last sell for?
AED 1,200,000 on 4 August 2023: AED 1,368 per sqft for 877 sqft. The unit has 4 registered sales; the first was AED 914,000 in July 2009.
What is the rent for unit 2406?
AED 88,000 a year on the contract signed on 26 November 2023. The previous contract, from November 2022, was AED 80,000; the unit has been rented since December 2014.
How big is unit 2406?
877 sqft (81.5 sqm): a one-bedroom apartment on the 24th floor of a 80-storey tower completed in 2010.
What is unit 2406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ocean Heights Tower sold for AED 1,253,115 to 2,800,000 in the last 12 months, around AED 1,651 per sqft.
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Mortgage on 2406, Ocean Heights Tower
Starts from the last sale price (AED 1.2M, 4 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →