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3-bed · 1,748 sqftOcean Heights Tower, Dubai Marina · 37th floor · completed 2010

3707, Ocean Heights Tower

Sold prices and rental history: sold 5 times, last in April 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3707 · DLD and Ejari recordsUpdated 11 April 2023
Last soldAED 2.5M11 April 2023
Current rentAED 220K /yr1 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3707, Ocean Heights Tower

What is 3707 worth today?

Last sold for AED 2,500,000 in 2023

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11 Apr 2023SoldReady
AED 2,500,000AED 1,430 per sqft
1 Jun 2016RentedNew contract
AED 220,000/yr12 months · AED 126 per sqft
28 Jan 2015SoldReady
AED 2,950,000AED 1,687 per sqft
2 Dec 2013RentedNew contract
AED 140,000/yr12 months · AED 80 per sqft
31 Mar 2011SoldReady
AED 3,196,000AED 1,828 per sqft
30 Jun 2010Sold by developerOff-plan
AED 1,598,000AED 914 per sqft
30 Jun 2010SoldOff-plan
AED 1,598,000AED 914 per sqft

Source: Dubai Land Department. Updated 11 April 2023.

Key facts

Type
3-bed apartment
Size
1,748 sqft
Floor
37th of 80
Parking
B2-83
Developer
DAMAC
Completed
2010
Service charge
AED 28,500 /yr
Last sold
AED 2.5M · April 2023
Building
Ocean Heights Tower

About 3707, Ocean Heights Tower

3707 is a three-bedroom apartment of 1,748 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 11 April 2023 for AED 2,500,000, or AED 1,430 per sqft, 8% above the AED 1,325 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 June 2016, is AED 220,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 28,500 a year.

Sales and rents for 3707 over time

Sales
Unit 3707, each saleTypical three-bed in Ocean Heights Tower
2M3M4M2009201420192024Typical sale price by year: 2009 AED 3,184,501; 2010 AED 2,307,360; 2011 AED 3,226,000; 2012 AED 2,355,375; 2013 AED 2,800,000; 2014 AED 3,700,000; 2017 AED 2,300,000; 2018 AED 3,050,500; 2020 AED 1,565,000; 2021 AED 2,150,000; 2022 AED 2,050,000; 2023 AED 2,500,000; 2024 AED 2,600,000; 2026 AED 3,000,000Sold by developer, June 2010: AED 1,598,000 (AED 914 per sqft)Sold, June 2010: AED 1,598,000 (AED 914 per sqft)Sold, March 2011: AED 3,196,000 (AED 1,828 per sqft)Sold, January 2015: AED 2,950,000 (AED 1,687 per sqft)Sold, April 2023: AED 2,500,000 (AED 1,430 per sqft)

3707 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3707, each contractTypical three-bed in Ocean Heights Tower
150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 150,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 187,500; 2017 AED 175,000; 2018 AED 155,000; 2019 AED 137,500; 2020 AED 125,000; 2021 AED 118,500; 2022 AED 145,000; 2023 AED 160,000; 2024 AED 178,997; 2025 AED 190,000; 2026 AED 175,000New contract, December 2013: AED 140,000 a yearNew contract, June 2016: AED 220,000 a year

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

3-beds in Ocean Heights Tower, and where 3707 sits

All 72 3-beds →

3707 last sold in April 2023 at AED 1,430 per sqft, 8% above what three-beds in Ocean Heights Tower were fetching at the time (AED 1,325). Over the last 12 months three-beds sold for AED 1,500,000 to 3,938,750, around AED 1,770 per sqft, and rent for AED 150,000 to 246,750 a year. 3707's AED 220,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,800,000
13 Oct 20262,800,000
6 Oct 20261,500,000
1 Oct 20262,741,952
9 3-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
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

3707, Ocean Heights Tower in numbers

  • Sold 5 times: first on 30 June 2010 for AED 1,598,000, last on 11 April 2023 for AED 2,500,000 (AED 1,430 per sqft).
  • Rented since December 2013 on 2 Ejari contracts, from AED 140,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 28,500 a year (AED 16.32 per sqft).
  • Three-beds in Ocean Heights Tower sold for AED 1,500,000–3,938,750 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 11 April 2023.

Questions about 3707, Ocean Heights Tower

What did unit 3707 last sell for?

AED 2,500,000 on 11 April 2023: AED 1,430 per sqft for 1,748 sqft. The unit has 5 registered sales; the first was AED 1,598,000 in June 2010.

What is the rent for unit 3707?

AED 220,000 a year on the contract signed on 1 June 2016. The previous contract, from December 2013, was AED 140,000.

How big is unit 3707?

1,748 sqft (162.4 sqm): a three-bedroom apartment on the 37th floor of a 80-storey tower completed in 2010.

What is unit 3707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ocean Heights Tower sold for AED 1,500,000 to 3,938,750 in the last 12 months, around AED 1,770 per sqft.

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Mortgage on 3707, Ocean Heights Tower

Starts from the last sale price (AED 2.5M, 11 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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