3405, Ocean Heights Tower
Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3405, Ocean Heights Tower
What is 3405 worth today?
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Source: Dubai Land Department. Updated 4 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 884 sqft
- Floor
- 34th of 80
- Parking
- B3-49
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 14,400 /yr
- Last sold
- AED 899K · May 2011
- Building
- Ocean Heights Tower
About 3405, Ocean Heights Tower
3405 is a one-bedroom apartment of 884 sqft on the 34th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 30 May 2011 for AED 899,000, or AED 1,016 per sqft, 21% below the AED 1,291 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 4 June 2024, is AED 89,250 a year: a gross yield of 9.9% on the 2011 price, before the service charge of about AED 14,400 a year.
Sales and rents for 3405 over time
3405 has sold twice; the dashed line is the one-bed median of each year in the building.
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 3405 sits
All 288 1-beds →3405 last sold in May 2011 at AED 1,016 per sqft, 21% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,291). 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. 3405's AED 89,250 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,422 sqft | 2,800,000 | 1,969 | ||
| 24 Jul 202624 July 2026 | 885 sqft | 1,300,000 | 1,468 | ||
| 14 Jul 202614 July 2026 | 826 sqft | 1,253,115 | 1,517 | ||
| 11 Jun 202611 June 2026 | 1,053 sqft | 2,030,000 | 1,927 |
Ocean Heights Tower
Building581 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%
Other units on the 34th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 3-bed | 1,655 sqft | AED 2.98MAED 2,979,000 · May 2011May 2011 | ||
| 3402 | 1-bed | 1,037 sqft | AED 1.65MAED 1,650,000 · Sep 2014September 2014 | 80,000 /yr | |
| 3403 | 1-bed | 1,037 sqft | AED 1.6MAED 1,601,304 · Sep 2013September 2013 | 66,000 /yr | |
| 3404 | 1-bed | 1,153 sqft | AED 1.12MAED 1,115,000 · Sep 2011September 2011 | 80,000 /yr | |
| 3406 | 1-bed | 877 sqft | AED 1.32MAED 1,320,000 · Nov 2015November 2015 | 82,500 /yr | |
| 3407 | 2-bed | 1,326 sqft | AED 2.72MAED 2,720,940 · Dec 2011December 2011 | 132,825 /yr | |
| 3408 | 2-bed | 1,006 sqft | AED 1.48MAED 1,480,000 · Oct 2021October 2021 | 140,000 /yr | |
| 3409 | 2-bed | 1,486 sqft | AED 2.68MAED 2,677,000 · May 2011May 2011 | 97,500 /yr |
3405, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 899,000, last on 30 May 2011 for AED 899,000 (AED 1,016 per sqft).
- Rented since February 2016 on 12 Ejari contracts. The rent fell from AED 105,000 to AED 65,000 in 2021 and recovered to AED 89,250 by June 2024.
- At AED 89,250 a year the gross yield on the 2011 price is 9.9%, before a service charge of about AED 14,400 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 4 June 2024.
Questions about 3405, Ocean Heights Tower
What did unit 3405 last sell for?
AED 899,000 on 30 May 2011: AED 1,016 per sqft for 884 sqft. The unit has 2 registered sales; the first was AED 899,000 in July 2009.
What is the rent for unit 3405?
AED 89,250 a year on the contract renewed on 4 June 2024. The previous contract, from June 2024, was AED 89,250; the unit has been rented since February 2016.
How big is unit 3405?
884 sqft (82.1 sqm): a one-bedroom apartment on the 34th floor of a 80-storey tower completed in 2010.
What is unit 3405 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 3405, Ocean Heights Tower
Starts from the last sale price (AED 899K, 30 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 899,000
- Deposit, UAE resident (20%)
- AED 179,800
- Deposit, non-resident (40%)
- AED 359,600
- Monthly over 25 years at 3.7%
- AED 3,678
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →