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1-bed · 1,043 sqftOcean Heights Tower, Dubai Marina · 37th floor · completed 2010

3702, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in May 2017, and rented once, from April 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3702 · DLD and Ejari recordsUpdated 21 May 2017
Last soldAED 1.35M21 May 2017
Current rentAED 65K /yr1 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3702, Ocean Heights Tower

What is 3702 worth today?

Last sold for AED 1,350,000 in 2017

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21 May 2017SoldReady
AED 1,350,000AED 1,294 per sqft
1 Apr 2013RentedNew contract
AED 65,000/yr12 months · AED 62 per sqft
3 Apr 2011SoldReady
AED 1,355,000AED 1,299 per sqft
8 Jul 2009Sold by developerOff-plan
AED 1,355,000AED 1,299 per sqft

Source: Dubai Land Department. Updated 21 May 2017.

Key facts

Type
1-bed apartment
Size
1,043 sqft
Floor
37th of 80
Parking
B3-51
Developer
DAMAC
Completed
2010
Service charge
AED 17,000 /yr
Last sold
AED 1.35M · May 2017
Building
Ocean Heights Tower

About 3702, Ocean Heights Tower

3702 is a one-bedroom apartment of 1,043 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 21 May 2017 for AED 1,350,000, or AED 1,294 per sqft, in line with the AED 1,334 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2013. The current contract, signed on 1 April 2013, is AED 65,000 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 17,000 a year.

Sales and rents for 3702 over time

Sales
Unit 3702, 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 1,355,000 (AED 1,299 per sqft)Sold, April 2011: AED 1,355,000 (AED 1,299 per sqft)Sold, May 2017: AED 1,350,000 (AED 1,294 per sqft)

3702 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3702, 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, April 2013: AED 65,000 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 3702 sits

All 288 1-beds →

3702 last sold in May 2017 at AED 1,294 per sqft, in line with what one-beds in Ocean Heights Tower were fetching at the time (AED 1,334). 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. 3702's AED 65,000 is at the bottom 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 37th floor

All 581 units in Ocean Heights Tower
Value
37014-bedAED 4.8M · Jul 2013
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

3702, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,355,000, last on 21 May 2017 for AED 1,350,000 (AED 1,294 per sqft).
  • Rented since April 2013 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 4.8%, before a service charge of about AED 17,000 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 21 May 2017.

Questions about 3702, Ocean Heights Tower

What did unit 3702 last sell for?

AED 1,350,000 on 21 May 2017: AED 1,294 per sqft for 1,043 sqft. The unit has 3 registered sales; the first was AED 1,355,000 in July 2009.

What is the rent for unit 3702?

AED 65,000 a year on the contract signed on 1 April 2013.

How big is unit 3702?

1,043 sqft (96.9 sqm): a one-bedroom apartment on the 37th floor of a 80-storey tower completed in 2010.

What is unit 3702 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 3702, Ocean Heights Tower

Starts from the last sale price (AED 1.35M, 21 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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