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1-bed · 1,089 sqftOcean Heights Tower, Dubai Marina · 26th floor · completed 2010

2602, Ocean Heights Tower

Sold prices and rental history: sold twice, last in May 2015, and rented once, from June 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 5 June 2016
Last soldAED 1.4M25 May 2015
Current rentAED 180K /yr5 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2602, Ocean Heights Tower

What is 2602 worth today?

Last sold for AED 1,400,000 in 2015

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5 Jun 2016RentedNew contract
AED 180,000/yr12 months · AED 166 per sqft
25 May 2015SoldReady
AED 1,400,000AED 1,285 per sqft
31 Aug 2014Sold by developerReady
AED 2,504,700AED 2,300 per sqft

Source: Dubai Land Department. Updated 5 June 2016.

Key facts

Type
1-bed apartment
Size
1,089 sqft
Floor
26th of 80
Parking
B3-17
Developer
DAMAC
Completed
2010
Service charge
AED 17,800 /yr
Last sold
AED 1.4M · May 2015
Building
Ocean Heights Tower

About 2602, Ocean Heights Tower

2602 is a one-bedroom apartment of 1,089 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 25 May 2015 for AED 1,400,000, or AED 1,285 per sqft, 16% below the AED 1,530 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 June 2016. The current contract, signed on 5 June 2016, is AED 180,000 a year: a gross yield of 12.9% on the 2015 price, before the service charge of about AED 17,800 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, each saleTypical one-bed in Ocean Heights Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,242,000; 2010 AED 1,725,700; 2011 AED 1,211,000; 2012 AED 1,115,184; 2013 AED 1,340,000; 2014 AED 1,560,000; 2015 AED 1,320,000; 2016 AED 1,370,000; 2017 AED 1,300,000; 2018 AED 1,237,500; 2019 AED 928,000; 2020 AED 750,000; 2021 AED 930,000; 2022 AED 1,150,000; 2023 AED 1,300,000; 2024 AED 1,380,000; 2025 AED 1,405,000; 2026 AED 1,625,000Sold by developer, August 2014: AED 2,504,700 (AED 2,300 per sqft)Sold, May 2015: AED 1,400,000 (AED 1,285 per sqft)

2602 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2602, each contractTypical one-bed in Ocean Heights Tower
100K200K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 101,535; 2017 AED 95,000; 2018 AED 87,500; 2019 AED 78,579; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 73,500; 2023 AED 89,759; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, June 2016: AED 180,000 a year

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 2602 sits

All 288 1-beds →

2602 last sold in May 2015 at AED 1,285 per sqft, 16% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,530). 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. 2602's AED 180,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20262,800,000
24 Jul 20261,300,000
14 Jul 20261,253,115
11 Jun 20262,030,000
10 1-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
26013-bedAED 1.7M · Aug 2020
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

2602, Ocean Heights Tower in numbers

  • Sold twice: first on 31 August 2014 for AED 2,504,700, last on 25 May 2015 for AED 1,400,000 (AED 1,285 per sqft).
  • Rented since June 2016 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2015 price is 12.9%, before a service charge of about AED 17,800 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 5 June 2016.

Questions about 2602, Ocean Heights Tower

What did unit 2602 last sell for?

AED 1,400,000 on 25 May 2015: AED 1,285 per sqft for 1,089 sqft. The unit has 2 registered sales; the first was AED 2,504,700 in August 2014.

What is the rent for unit 2602?

AED 180,000 a year on the contract signed on 5 June 2016.

How big is unit 2602?

1,089 sqft (101.2 sqm): a one-bedroom apartment on the 26th floor of a 80-storey tower completed in 2010.

What is unit 2602 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 2602, Ocean Heights Tower

Starts from the last sale price (AED 1.4M, 25 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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