1-bed · 1,053 sqftOcean Heights Tower, Dubai Marina · 32nd floor · completed 2010

3202, Ocean Heights Tower

Sold prices and rental history: sold once, by the developer in July 2009, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 11 August 2014
Last soldAED 1.33M8 July 2009
Current rentAED 74K /yr11 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3202, Ocean Heights Tower

What is 3202 worth today?

Last sold for AED 1,329,000 in 2009

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11 Aug 2014RentedNew contract
AED 73,500/yr12 months · AED 70 per sqft
11 Aug 2013RentedNew contract
AED 73,500/yr12 months · AED 70 per sqft
8 Jul 2009Sold by developerOff-plan
AED 1,329,000AED 1,262 per sqft

Source: Dubai Land Department. Updated 11 August 2014.

Key facts

Type
1-bed apartment
Size
1,053 sqft
Floor
32nd of 80
Parking
B3-38
Developer
DAMAC
Completed
2010
Service charge
AED 17,200 /yr
Last sold
AED 1.33M · July 2009

About 3202, Ocean Heights Tower

3202 is a one-bedroom apartment of 1,053 sqft on the 32nd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. The developer sold it on 8 July 2009 for AED 1,329,000, or AED 1,262 per sqft, in line with the AED 1,265 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 11 August 2014, is AED 73,500 a year: a gross yield of 5.5% on the 2009 price, before the service charge of about AED 17,200 a year.

Sales and rents for 3202 over time

Sales
Unit 3202, 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 1,329,000 (AED 1,262 per sqft)

3202 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3202, 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, August 2013: AED 73,500 a yearNew contract, August 2014: AED 73,500 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 3202 sits

All 288 1-beds →

3202 last sold in July 2009 at AED 1,262 per sqft, in line with what one-beds in Ocean Heights Tower were fetching at the time (AED 1,265). 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. 3202's AED 73,500 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 32nd floor

All 581 units in Ocean Heights Tower
Value
32013-bedAED 3M · May 2011
32031-bedAED 1.63M · May 2011
32041-bedAED 1.6M · Nov 2015
32051-bedAED 925K · Dec 2021
32061-bedAED 1.3M · Jul 2025
32072-bedAED 1.5M · Jul 2016
32082-bedAED 1.64M · May 2012
1–7 of 8

3202, Ocean Heights Tower in numbers

  • Sold once: by DAMAC on 8 July 2009 for AED 1,329,000, or AED 1,262 per sqft.
  • Rented since August 2013 on 2 Ejari contracts, at AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2009 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 11 August 2014.

Questions about 3202, Ocean Heights Tower

What did unit 3202 last sell for?

AED 1,329,000 on 8 July 2009, sold by the developer: AED 1,262 per sqft for 1,053 sqft. It is the only registered sale of the unit.

What is the rent for unit 3202?

AED 73,500 a year on the contract signed on 11 August 2014. The previous contract, from August 2013, was AED 73,500.

How big is unit 3202?

1,053 sqft (97.8 sqm): a one-bedroom apartment on the 32nd floor of a 80-storey tower completed in 2010.

What is unit 3202 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 3202, Ocean Heights Tower

Starts from the last sale price (AED 1.33M, 8 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,329,000
Deposit, UAE resident (20%)
AED 265,800
Deposit, non-resident (40%)
AED 531,600
Monthly over 25 years at 3.7%
AED 5,437

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