3-bed · 1,779 sqftOcean Heights Tower, Dubai Marina · 26th floor · completed 2010

2601, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in August 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2601 · DLD and Ejari recordsUpdated 31 August 2020
Last soldAED 1.7M31 August 2020
Current rentAED 130K /yr10 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2601, Ocean Heights Tower

What is 2601 worth today?

Last sold for AED 1,700,000 in 2020

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31 Aug 2020SoldReady
AED 1,700,000AED 955 per sqft
10 Nov 2019RentedNew contract
AED 130,000/yr12 months · AED 73 per sqft
1 Mar 2019RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
10 Feb 2017RentedRenewal
AED 200,000/yr12 months · AED 113 per sqft
10 Feb 2016RentedRenewal
AED 200,000/yr12 months · AED 113 per sqft
10 Feb 2015RentedNew contract
AED 200,000/yr12 months · AED 113 per sqft
16 Jul 2012SoldReady
AED 3,068,000AED 1,724 per sqft
8 Jul 2009Sold by developerOff-plan
AED 3,068,000AED 1,724 per sqft

Source: Dubai Land Department. Updated 31 August 2020.

Key facts

Type
3-bed apartment
Size
1,779 sqft
Floor
26th of 80
Parking
B1-86
Developer
DAMAC
Completed
2010
Service charge
AED 29,000 /yr
Last sold
AED 1.7M · August 2020

About 2601, Ocean Heights Tower

2601 is a three-bedroom apartment of 1,779 sqft on the 26th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 31 August 2020 for AED 1,700,000, or AED 955 per sqft, in line with the AED 955 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 10 November 2019, is AED 130,000 a year: a gross yield of 7.6% on the 2020 price, before the service charge of about AED 29,000 a year.

Sales and rents for 2601 over time

Sales
Unit 2601, 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 3,068,000 (AED 1,724 per sqft)Sold, July 2012: AED 3,068,000 (AED 1,724 per sqft)Sold, August 2020: AED 1,700,000 (AED 955 per sqft)

2601 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2601, each contractTypical three-bed in Ocean Heights Tower
150K200K2012201620202024Typical 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, February 2015: AED 200,000 a yearRenewal, February 2016: AED 200,000 a yearRenewal, February 2017: AED 200,000 a yearNew contract, March 2019: AED 120,000 a yearNew contract, November 2019: AED 130,000 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 2601 sits

All 72 3-beds →

2601 last sold in August 2020 at AED 955 per sqft, in line with what three-beds in Ocean Heights Tower were fetching at the time (AED 955). 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. 2601's AED 130,000 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 26th floor

All 581 units in Ocean Heights Tower
Value
26021-bedAED 1.4M · May 2015
26031-bedAED 1.87M · Apr 2025
26041-bedAED 1.03M · Mar 2022
26051-bedAED 1.45M · Nov 2015
26061-bedAED 1.35M · Dec 2024
26072-bedAED 2.67M · Aug 2011
26082-bedAED 1.45M · Mar 2024
1–7 of 8

2601, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 3,068,000, last on 31 August 2020 for AED 1,700,000 (AED 955 per sqft).
  • Rented since February 2015 on 5 Ejari contracts, from AED 200,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2020 price is 7.6%, before a service charge of about AED 29,000 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 31 August 2020.

Questions about 2601, Ocean Heights Tower

What did unit 2601 last sell for?

AED 1,700,000 on 31 August 2020: AED 955 per sqft for 1,779 sqft. The unit has 3 registered sales; the first was AED 3,068,000 in July 2009.

What is the rent for unit 2601?

AED 130,000 a year on the contract signed on 10 November 2019. The previous contract, from March 2019, was AED 120,000; the unit has been rented since February 2015.

How big is unit 2601?

1,779 sqft (165.3 sqm): a three-bedroom apartment on the 26th floor of a 80-storey tower completed in 2010.

What is unit 2601 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 2601, Ocean Heights Tower

Starts from the last sale price (AED 1.7M, 31 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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