4-bed · 2,534 sqftOcean Heights Tower, Dubai Marina · 37th floor · completed 2010

3701, Ocean Heights Tower

Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 5 March 2022
Last soldAED 4.8M17 July 2013
Current rentAED 184K /yr5 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Ocean Heights Tower

What is 3701 worth today?

Last sold for AED 4,800,000 in 2013

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5 Mar 2022RentedNew contract
AED 183,750/yr12 months · AED 73 per sqft
5 Mar 2021RentedNew contract
AED 175,000/yr12 months · AED 69 per sqft
30 Dec 2018RentedNew contract
AED 230,000/yr12 months · AED 91 per sqft
1 Nov 2017RentedNew contract
AED 226,154/yr13 months · AED 89 per sqft
1 Dec 2016RentedRenewal
AED 240,000/yr12 months · AED 95 per sqft
1 Dec 2015RentedRenewal
AED 270,000/yr12 months · AED 107 per sqft
1 Dec 2014RentedNew contract
AED 270,000/yr12 months · AED 107 per sqft
17 Jul 2013SoldReady
AED 4,800,000AED 1,894 per sqft

Source: Dubai Land Department. Updated 5 March 2022.

Key facts

Type
4-bed apartment
Size
2,534 sqft
Floor
37th of 80
Parking
P1-43
Developer
DAMAC
Completed
2010
Service charge
AED 41,400 /yr
Last sold
AED 4.8M · July 2013

About 3701, Ocean Heights Tower

3701 is a four-bedroom apartment of 2,534 sqft on the 37th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 17 July 2013 for AED 4,800,000, or AED 1,894 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 5 March 2022, is AED 183,750 a year: a gross yield of 3.8% on the 2013 price, before the service charge of about AED 41,400 a year.

Sales and rents for 3701 over time

Sales
Unit 3701, each saleTypical four-bed in Ocean Heights Tower
5M200920112013Typical sale price by year: 2009 AED 7,579,500; 2011 AED 4,840,500; 2013 AED 7,599,250Sold by developer, October 2011: AED 1,790,600 (AED 706 per sqft)Sold, July 2013: AED 4,800,000 (AED 1,894 per sqft)

3701 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3701, each contractTypical four-bed in Ocean Heights Tower
200K300K2013201720212025Typical 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, December 2014: AED 270,000 a yearRenewal, December 2015: AED 270,000 a yearRenewal, December 2016: AED 240,000 a yearNew contract, November 2017: AED 226,154 a yearNew contract, December 2018: AED 230,000 a yearNew contract, March 2021: AED 175,000 a yearNew contract, March 2022: AED 183,750 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 3701 sits

All 13 4-beds →

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 37th floor

All 581 units in Ocean Heights Tower
Value
37021-bedAED 1.35M · May 2017
37032-bedAED 2M · Mar 2024
37041-bedAED 1.39M · Nov 2016
37051-bedAED 667K · Feb 2013
37062-bedAED 1.8M · Feb 2022
37073-bedAED 2.5M · Apr 2023

3701, Ocean Heights Tower in numbers

  • Sold twice: first on 31 October 2011 for AED 1,790,600, last on 17 July 2013 for AED 4,800,000 (AED 1,894 per sqft).
  • Rented since December 2014 on 7 Ejari contracts, from AED 270,000 to AED 183,750 a year.
  • At AED 183,750 a year the gross yield on the 2013 price is 3.8%, before a service charge of about AED 41,400 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 5 March 2022.

Questions about 3701, Ocean Heights Tower

What did unit 3701 last sell for?

AED 4,800,000 on 17 July 2013: AED 1,894 per sqft for 2,534 sqft. The unit has 2 registered sales; the first was AED 1,790,600 in October 2011.

What is the rent for unit 3701?

AED 183,750 a year on the contract signed on 5 March 2022. The previous contract, from March 2021, was AED 175,000; the unit has been rented since December 2014.

How big is unit 3701?

2,534 sqft (235.4 sqm): a four-bedroom apartment on the 37th floor of a 80-storey tower completed in 2010.

What is unit 3701 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 3701, Ocean Heights Tower

Starts from the last sale price (AED 4.8M, 17 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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