2-bed · 1,612 sqftOcean Heights Tower, Dubai Marina · 38th floor · completed 2010

3806, Ocean Heights Tower

Sold prices and rental history: sold twice, last in September 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3806 · DLD and Ejari recordsUpdated 26 December 2023
Last soldAED 3.76M4 September 2011
Current rentAED 106K /yr26 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3806, Ocean Heights Tower

What is 3806 worth today?

Last sold for AED 3,763,870 in 2011

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26 Dec 2023RentedRenewal
AED 106,000/yr12 months · AED 66 per sqft
26 Dec 2022RentedRenewal
AED 99,000/yr12 months · AED 61 per sqft
26 Dec 2021RentedRenewal
AED 90,000/yr12 months · AED 56 per sqft
26 Dec 2020RentedRenewal
AED 87,000/yr12 months · AED 54 per sqft
26 Dec 2019RentedNew contract
AED 110,000/yr12 months · AED 68 per sqft
27 Dec 2016RentedNew contract
AED 150,000/yr12 months · AED 93 per sqft
28 Sep 2015RentedNew contract
AED 155,000/yr12 months · AED 96 per sqft
20 Sep 2014RentedNew contract
AED 140,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 26 December 2023.

Key facts

Type
2-bed apartment
Size
1,612 sqft
Floor
38th of 80
Parking
B1-34
Developer
DAMAC
Completed
2010
Service charge
AED 26,300 /yr
Last sold
AED 3.76M · September 2011

About 3806, Ocean Heights Tower

3806 is a two-bedroom apartment of 1,612 sqft on the 38th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 4 September 2011 for AED 3,763,870, or AED 2,334 per sqft, 49% above the AED 1,567 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 26 December 2023, is AED 106,000 a year: a gross yield of 2.8% on the 2011 price, before the service charge of about AED 26,300 a year.

Sales and rents for 3806 over time

Sales
Unit 3806, each saleTypical two-bed in Ocean Heights Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,070,000; 2010 AED 2,329,625; 2011 AED 2,070,000; 2012 AED 1,864,018; 2013 AED 2,137,800; 2014 AED 2,800,000; 2015 AED 2,000,000; 2016 AED 2,012,500; 2017 AED 1,995,000; 2018 AED 1,997,500; 2019 AED 1,250,000; 2020 AED 1,035,000; 2021 AED 1,225,000; 2022 AED 1,800,000; 2023 AED 1,800,000; 2024 AED 2,025,000; 2025 AED 2,250,000; 2026 AED 2,000,000Sold by developer, February 2010: AED 3,763,870 (AED 2,334 per sqft)Sold, September 2011: AED 3,763,870 (AED 2,334 per sqft)

3806 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3806, each contractTypical two-bed in Ocean Heights Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 120,000; 2014 AED 140,000; 2015 AED 143,325; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 121,000; 2019 AED 106,000; 2020 AED 88,500; 2021 AED 88,000; 2022 AED 97,608; 2023 AED 115,000; 2024 AED 121,000; 2025 AED 130,000; 2026 AED 130,000New contract, September 2013: AED 140,000 a yearNew contract, September 2014: AED 140,000 a yearNew contract, September 2015: AED 155,000 a yearNew contract, December 2016: AED 150,000 a yearNew contract, December 2019: AED 110,000 a yearRenewal, December 2020: AED 87,000 a yearRenewal, December 2021: AED 90,000 a yearRenewal, December 2022: AED 99,000 a yearRenewal, December 2023: AED 106,000 a year

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

2-beds in Ocean Heights Tower, and where 3806 sits

All 203 2-beds →

3806 last sold in September 2011 at AED 2,334 per sqft, 49% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,567). Over the last 12 months two-beds sold for AED 1,700,000 to 3,100,000, around AED 1,572 per sqft, and rent for AED 90,000 to 200,000 a year. 3806's AED 106,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jul 20261,800,000
25 Jun 20261,700,000
10 Jun 20262,000,000
3 Feb 20262,100,000
6 2-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 38th floor

All 581 units in Ocean Heights Tower
Value
38014-bedAED 2.4M · Oct 2020
38021-bedAED 960K · Jul 2021
38032-bedAED 2.05M · Oct 2024
38041-bedAED 1.48M · Aug 2015
38051-bedAED 1.26M · Apr 2018
38073-bedAED 3.89M · May 2011

3806, Ocean Heights Tower in numbers

  • Sold twice: first on 21 February 2010 for AED 3,763,870, last on 4 September 2011 for AED 3,763,870 (AED 2,334 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 87,000 in 2020 and recovered to AED 106,000 by December 2023.
  • At AED 106,000 a year the gross yield on the 2011 price is 2.8%, before a service charge of about AED 26,300 a year (AED 16.32 per sqft).
  • Two-beds in Ocean Heights Tower sold for AED 1,700,000–3,100,000 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 26 December 2023.

Questions about 3806, Ocean Heights Tower

What did unit 3806 last sell for?

AED 3,763,870 on 4 September 2011: AED 2,334 per sqft for 1,612 sqft. The unit has 2 registered sales; the first was AED 3,763,870 in February 2010.

What is the rent for unit 3806?

AED 106,000 a year on the contract renewed on 26 December 2023. The previous contract, from December 2022, was AED 99,000; the unit has been rented since September 2013.

How big is unit 3806?

1,612 sqft (149.8 sqm): a two-bedroom apartment on the 38th floor of a 80-storey tower completed in 2010.

What is unit 3806 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Heights Tower sold for AED 1,700,000 to 3,100,000 in the last 12 months, around AED 1,572 per sqft.

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Mortgage on 3806, Ocean Heights Tower

Starts from the last sale price (AED 3.76M, 4 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,763,870
Deposit, UAE resident (20%)
AED 752,774
Deposit, non-resident (40%)
AED 1,505,548
Monthly over 25 years at 3.7%
AED 15,399

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