2-bed · 1,341 sqftOcean Heights Tower, Dubai Marina · 32nd floor · completed 2010

3207, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in July 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3207 · DLD and Ejari recordsUpdated 25 November 2022
Last soldAED 1.5M11 July 2016
Current rentAED 82K /yr25 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3207, Ocean Heights Tower

What is 3207 worth today?

Last sold for AED 1,500,000 in 2016

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25 Nov 2022RentedNew contract
AED 82,000/yr12 months · AED 61 per sqft
15 Nov 2021RentedRenewal
AED 75,000/yr12 months · AED 56 per sqft
15 Nov 2020RentedRenewal
AED 90,000/yr12 months · AED 67 per sqft
15 Nov 2019RentedRenewal
AED 90,000/yr12 months · AED 67 per sqft
15 Nov 2018RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
3 Sep 2017RentedNew contract
AED 120,000/yr12 months · AED 89 per sqft
15 Jul 2016RentedNew contract
AED 125,000/yr12 months · AED 93 per sqft
11 Jul 2016SoldReady
AED 1,500,000AED 1,118 per sqft

Source: Dubai Land Department. Updated 25 November 2022.

Key facts

Type
2-bed apartment
Size
1,341 sqft
Floor
32nd of 80
Parking
B1-25
Developer
DAMAC
Completed
2010
Service charge
AED 21,900 /yr
Last sold
AED 1.5M · July 2016

About 3207, Ocean Heights Tower

3207 is a two-bedroom apartment of 1,341 sqft on the 32nd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 11 July 2016 for AED 1,500,000, or AED 1,118 per sqft, 16% below the AED 1,336 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 25 November 2022, is AED 82,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 21,900 a year.

Sales and rents for 3207 over time

Sales
Unit 3207, 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 1,725,000 (AED 1,286 per sqft)Sold, September 2011: AED 1,725,000 (AED 1,286 per sqft)Sold, July 2016: AED 1,500,000 (AED 1,118 per sqft)

3207 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3207, 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, May 2013: AED 85,000 a yearNew contract, June 2015: AED 125,000 a yearNew contract, July 2016: AED 125,000 a yearNew contract, September 2017: AED 120,000 a yearNew contract, November 2018: AED 100,000 a yearRenewal, November 2019: AED 90,000 a yearRenewal, November 2020: AED 90,000 a yearRenewal, November 2021: AED 75,000 a yearNew contract, November 2022: AED 82,000 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 3207 sits

All 203 2-beds →

3207 last sold in July 2016 at AED 1,118 per sqft, 16% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,336). 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. 3207's AED 82,000 is at the bottom 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 32nd floor

All 581 units in Ocean Heights Tower
Value
32013-bedAED 3M · May 2011
32021-bedAED 1.33M · Jul 2009
32031-bedAED 1.63M · May 2011
32041-bedAED 1.6M · Nov 2015
32051-bedAED 925K · Dec 2021
32061-bedAED 1.3M · Jul 2025
32082-bedAED 1.64M · May 2012
1–7 of 8

3207, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,725,000, last on 11 July 2016 for AED 1,500,000 (AED 1,118 per sqft).
  • Rented since May 2013 on 9 Ejari contracts, from AED 85,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 21,900 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 25 November 2022.

Questions about 3207, Ocean Heights Tower

What did unit 3207 last sell for?

AED 1,500,000 on 11 July 2016: AED 1,118 per sqft for 1,341 sqft. The unit has 3 registered sales; the first was AED 1,725,000 in July 2009.

What is the rent for unit 3207?

AED 82,000 a year on the contract signed on 25 November 2022. The previous contract, from November 2021, was AED 75,000; the unit has been rented since May 2013.

How big is unit 3207?

1,341 sqft (124.6 sqm): a two-bedroom apartment on the 32nd floor of a 80-storey tower completed in 2010.

What is unit 3207 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 3207, Ocean Heights Tower

Starts from the last sale price (AED 1.5M, 11 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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