1-bed · 1,052 sqftOcean Heights Tower, Dubai Marina · 31st floor · completed 2010

3103, Ocean Heights Tower

Sold prices and rental history: sold twice, last in September 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3103 · DLD and Ejari recordsUpdated 8 September 2024
Last soldAED 1.59M18 September 2011
Current rentAED 88K /yr8 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3103, Ocean Heights Tower

What is 3103 worth today?

Last sold for AED 1,594,007 in 2011

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8 Sep 2024RentedRenewal
AED 88,330/yr12 months · AED 84 per sqft
8 Sep 2024RentedRenewal
AED 88,330/yr12 months · AED 84 per sqft
8 Sep 2023RentedRenewal
AED 80,300/yr12 months · AED 76 per sqft
8 Sep 2022RentedRenewal
AED 73,000/yr12 months · AED 69 per sqft
8 Sep 2021RentedRenewal
AED 66,500/yr12 months · AED 63 per sqft
8 Sep 2020RentedRenewal
AED 66,500/yr12 months · AED 63 per sqft
8 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
20 Apr 2017RentedNew contract
AED 100,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 8 September 2024.

Key facts

Type
1-bed apartment
Size
1,052 sqft
Floor
31st of 80
Parking
B3-34
Developer
DAMAC
Completed
2010
Service charge
AED 17,200 /yr
Last sold
AED 1.59M · September 2011

About 3103, Ocean Heights Tower

3103 is a one-bedroom apartment of 1,052 sqft on the 31st floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 18 September 2011 for AED 1,594,007, or AED 1,515 per sqft, 20% above the AED 1,266 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 8 September 2024, is AED 88,330 a year: a gross yield of 5.5% on the 2011 price, before the service charge of about AED 17,200 a year.

Sales and rents for 3103 over time

Sales
Unit 3103, each saleTypical one-bed in Ocean Heights Tower
1M1.5M2009201420192024Typical 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, July 2009: AED 1,587,000 (AED 1,508 per sqft)Sold, September 2011: AED 1,594,007 (AED 1,515 per sqft)

3103 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3103, each contractTypical one-bed in Ocean Heights Tower
60K80K100K2012201620202024Typical 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, January 2013: AED 70,000 a yearNew contract, April 2015: AED 100,000 a yearNew contract, April 2017: AED 100,000 a yearNew contract, September 2019: AED 70,000 a yearRenewal, September 2020: AED 66,500 a yearRenewal, September 2021: AED 66,500 a yearRenewal, September 2022: AED 73,000 a yearRenewal, September 2023: AED 80,300 a yearRenewal, September 2024: AED 88,330 a yearRenewal, September 2024: AED 88,330 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 3103 sits

All 288 1-beds →

3103 last sold in September 2011 at AED 1,515 per sqft, 20% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,266). 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. 3103's AED 88,330 is in the lower half 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 31st floor

All 581 units in Ocean Heights Tower
Value
31013-bedAED 2.5M · Feb 2017
31021-bedAED 1.25M · May 2018
31041-bedAED 1.35M · Jul 2023
31051-bedAED 1.55M · Aug 2011
31061-bedAED 1.2M · Jul 2015
31072-bedAED 1.07M · Jan 2021
31082-bedAED 1.85M · Jan 2025
1–7 of 8

3103, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 1,587,000, last on 18 September 2011 for AED 1,594,007 (AED 1,515 per sqft).
  • Rented since January 2013 on 10 Ejari contracts, from AED 70,000 to AED 88,330 a year.
  • At AED 88,330 a year the gross yield on the 2011 price is 5.5%, before a service charge of about AED 17,200 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 8 September 2024.

Questions about 3103, Ocean Heights Tower

What did unit 3103 last sell for?

AED 1,594,007 on 18 September 2011: AED 1,515 per sqft for 1,052 sqft. The unit has 2 registered sales; the first was AED 1,587,000 in July 2009.

What is the rent for unit 3103?

AED 88,330 a year on the contract renewed on 8 September 2024. The previous contract, from September 2024, was AED 88,330; the unit has been rented since January 2013.

How big is unit 3103?

1,052 sqft (97.7 sqm): a one-bedroom apartment on the 31st floor of a 80-storey tower completed in 2010.

What is unit 3103 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 3103, Ocean Heights Tower

Starts from the last sale price (AED 1.59M, 18 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,594,007
Deposit, UAE resident (20%)
AED 318,801
Deposit, non-resident (40%)
AED 637,603
Monthly over 25 years at 3.7%
AED 6,522

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