2-bed · 1,659 sqftOcean Heights Tower, Dubai Marina · 27th floor · completed 2010

2709, Ocean Heights Tower

Sold prices and rental history: sold 5 times, last in December 2022, and rented once, from April 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2709 · DLD and Ejari recordsUpdated 6 December 2022
Last soldAED 2.4M6 December 2022
Current rentAED 100K /yr18 April 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2709, Ocean Heights Tower

What is 2709 worth today?

Last sold for AED 2,395,000 in 2022

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6 Dec 2022SoldReady
AED 2,395,000AED 1,443 per sqft
10 Jul 2018SoldReady
AED 2,200,000AED 1,326 per sqft
17 Sep 2013SoldReady
AED 2,200,000AED 1,326 per sqft
18 Apr 2012RentedNew contract
AED 100,000/yr12 months · AED 60 per sqft
2 Aug 2011SoldReady
AED 2,790,000AED 1,681 per sqft
8 Jul 2009Sold by developerOff-plan
AED 2,790,000AED 1,681 per sqft

Source: Dubai Land Department. Updated 6 December 2022.

Key facts

Type
2-bed apartment
Size
1,659 sqft
Floor
27th of 80
Parking
B1-13
Developer
DAMAC
Completed
2010
Service charge
AED 27,100 /yr
Last sold
AED 2.4M · December 2022

About 2709, Ocean Heights Tower

2709 is a two-bedroom apartment of 1,659 sqft on the 27th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 6 December 2022 for AED 2,395,000, or AED 1,443 per sqft, 16% above the AED 1,244 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 April 2012. The current contract, signed on 18 April 2012, is AED 100,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 27,100 a year.

Sales and rents for 2709 over time

Sales
Unit 2709, 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 2,790,000 (AED 1,681 per sqft)Sold, August 2011: AED 2,790,000 (AED 1,681 per sqft)Sold, September 2013: AED 2,200,000 (AED 1,326 per sqft)Sold, July 2018: AED 2,200,000 (AED 1,326 per sqft)Sold, December 2022: AED 2,395,000 (AED 1,443 per sqft)

2709 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2709, 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, April 2012: AED 100,000 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 2709 sits

All 203 2-beds →

2709 last sold in December 2022 at AED 1,443 per sqft, 16% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,244). 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. 2709's AED 100,000 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 27th floor

All 581 units in Ocean Heights Tower
Value
27013-bedAED 2.8M · Oct 2026
27021-bedAED 875K · Mar 2012
27031-bedAED 1.37M · Aug 2016
27041-bedAED 1.4M · Sep 2013
27051-bedAED 1.25M · Aug 2023
27061-bedAED 1.69M · May 2013
27072-bedAED 900K · Mar 2020
1–7 of 8

2709, Ocean Heights Tower in numbers

  • Sold 5 times: first on 8 July 2009 for AED 2,790,000, last on 6 December 2022 for AED 2,395,000 (AED 1,443 per sqft).
  • Rented since April 2012 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 27,100 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 6 December 2022.

Questions about 2709, Ocean Heights Tower

What did unit 2709 last sell for?

AED 2,395,000 on 6 December 2022: AED 1,443 per sqft for 1,659 sqft. The unit has 5 registered sales; the first was AED 2,790,000 in July 2009.

What is the rent for unit 2709?

AED 100,000 a year on the contract signed on 18 April 2012.

How big is unit 2709?

1,659 sqft (154.1 sqm): a two-bedroom apartment on the 27th floor of a 80-storey tower completed in 2010.

What is unit 2709 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 2709, Ocean Heights Tower

Starts from the last sale price (AED 2.4M, 6 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,395,000
Deposit, UAE resident (20%)
AED 479,000
Deposit, non-resident (40%)
AED 958,000
Monthly over 25 years at 3.7%
AED 9,799

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