4-bed · 4,131 sqftOcean Heights Tower, Dubai Marina · 35th floor · completed 2010

3501, Ocean Heights Tower

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

Unit 3501 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 7.58M1 October 2013
Current rentAED 385K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Ocean Heights Tower

What is 3501 worth today?

Last sold for AED 7,579,500 in 2013

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15 Jul 2024RentedNew contract
AED 385,000/yr12 months · AED 93 per sqft
15 Jul 2024RentedNew contract
AED 385,000/yr12 months · AED 93 per sqft
15 May 2023RentedRenewal
AED 330,000/yr12 months · AED 80 per sqft
15 May 2022RentedNew contract
AED 330,000/yr12 months · AED 80 per sqft
1 Oct 2014RentedNew contract
AED 260,000/yr12 months · AED 63 per sqft
1 Oct 2013SoldReady
AED 7,579,500AED 1,834 per sqft
1 Oct 2013RentedNew contract
AED 260,000/yr12 months · AED 63 per sqft
8 Jul 2009Sold by developerOff-plan
AED 7,579,500AED 1,834 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
4-bed apartment
Size
4,131 sqft
Floor
35th of 80
Parking
B1-71
Developer
DAMAC
Completed
2010
Service charge
AED 67,400 /yr
Last sold
AED 7.58M · October 2013

About 3501, Ocean Heights Tower

3501 is a four-bedroom apartment of 4,131 sqft on the 35th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 1 October 2013 for AED 7,579,500, or AED 1,834 per sqft, 3% below the AED 1,894 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 July 2024, is AED 385,000 a year: a gross yield of 5.1% on the 2013 price, before the service charge of about AED 67,400 a year.

Sales and rents for 3501 over time

Sales
Unit 3501, each saleTypical four-bed in Ocean Heights Tower
6M8M200920112013Typical sale price by year: 2009 AED 7,579,500; 2011 AED 4,840,500; 2013 AED 7,599,250Sold by developer, July 2009: AED 7,579,500 (AED 1,834 per sqft)Sold, October 2013: AED 7,579,500 (AED 1,834 per sqft)

3501 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3501, each contractTypical four-bed in Ocean Heights Tower
200K300K400K2013201720212025Typical rent by year: 2013 AED 215,000; 2014 AED 250,000; 2016 AED 241,326; 2017 AED 226,154; 2022 AED 183,750; 2023 AED 330,000; 2024 AED 291,500; 2025 AED 340,000New contract, October 2013: AED 260,000 a yearNew contract, October 2014: AED 260,000 a yearNew contract, May 2022: AED 330,000 a yearRenewal, May 2023: AED 330,000 a yearNew contract, July 2024: AED 385,000 a yearNew contract, July 2024: AED 385,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Ocean Heights Tower, and where 3501 sits

All 13 4-beds →

3501 last sold in October 2013 at AED 1,834 per sqft, 3% below what four-beds in Ocean Heights Tower were fetching at the time (AED 1,894). Over the last 12 months four-beds sold for AED 3,550,000, around AED 1,422 per sqft, and rent for AED 261,360 to 261,360 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
15 Jul 20263,550,000
17 Oct 20244,200,000
23 Feb 202410,000,000
27 Oct 20234,100,000
1 4-bed sale 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 35th floor

All 581 units in Ocean Heights Tower
Value
35024-bedAED 7.88M · Oct 2013

3501, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 7,579,500, last on 1 October 2013 for AED 7,579,500 (AED 1,834 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 260,000 to AED 385,000 a year.
  • At AED 385,000 a year the gross yield on the 2013 price is 5.1%, before a service charge of about AED 67,400 a year (AED 16.32 per sqft).
  • Four-beds in Ocean Heights Tower sold for AED 3,550,000–3,550,000 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 15 July 2024.

Questions about 3501, Ocean Heights Tower

What did unit 3501 last sell for?

AED 7,579,500 on 1 October 2013: AED 1,834 per sqft for 4,131 sqft. The unit has 2 registered sales; the first was AED 7,579,500 in July 2009.

What is the rent for unit 3501?

AED 385,000 a year on the contract signed on 15 July 2024. The previous contract, from July 2024, was AED 385,000; the unit has been rented since October 2013.

How big is unit 3501?

4,131 sqft (383.8 sqm): a four-bedroom apartment on the 35th floor of a 80-storey tower completed in 2010.

What is unit 3501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Ocean Heights Tower sold for AED 3,550,000 to 3,550,000 in the last 12 months, around AED 1,422 per sqft.

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Mortgage on 3501, Ocean Heights Tower

Starts from the last sale price (AED 7.58M, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 7,579,500
Deposit, UAE resident (20%)
AED 1,515,900
Deposit, non-resident (40%)
AED 3,031,800
Monthly over 25 years at 3.7%
AED 31,010

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