4-bed · 2,476 sqftOcean Heights Tower, Dubai Marina · 40th floor · completed 2010

4001, Ocean Heights Tower

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4001 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 4.2M17 October 2024
Current rentAED 243K /yr16 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4001, Ocean Heights Tower

What is 4001 worth today?

Last sold for AED 4,200,000 in 2024

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17 Oct 2024SoldReady
AED 4,200,000AED 1,696 per sqft
25 Jul 2023SoldReady
AED 4,200,000AED 1,696 per sqft
16 Aug 2016RentedRenewal
AED 242,652/yr12 months · AED 98 per sqft
15 Aug 2015RentedNew contract
AED 219,410/yr12 months · AED 89 per sqft
15 Aug 2014RentedNew contract
AED 220,000/yr12 months · AED 89 per sqft
15 Aug 2013RentedNew contract
AED 200,000/yr12 months · AED 81 per sqft
18 Dec 2011SoldReady
AED 4,164,300AED 1,681 per sqft
5 Aug 2009Sold by developerOff-plan
AED 4,164,300AED 1,681 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
4-bed apartment
Size
2,476 sqft
Floor
40th of 80
Parking
B1-75
Developer
DAMAC
Completed
2010
Service charge
AED 40,400 /yr
Last sold
AED 4.2M · October 2024

About 4001, Ocean Heights Tower

4001 is a four-bedroom apartment of 2,476 sqft on the 40th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 17 October 2024 for AED 4,200,000, or AED 1,696 per sqft, in line with the AED 1,696 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 16 August 2016, is AED 242,652 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 40,400 a year.

Sales and rents for 4001 over time

Sales
Unit 4001, each saleTypical four-bed in Ocean Heights Tower
4M6M8M2009201420192024Typical sale price by year: 2009 AED 7,579,500; 2011 AED 4,840,500; 2013 AED 7,599,250Sold by developer, August 2009: AED 4,164,300 (AED 1,681 per sqft)Sold, December 2011: AED 4,164,300 (AED 1,681 per sqft)Sold, July 2023: AED 4,200,000 (AED 1,696 per sqft)Sold, October 2024: AED 4,200,000 (AED 1,696 per sqft)

4001 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4001, 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, August 2013: AED 200,000 a yearNew contract, August 2014: AED 220,000 a yearNew contract, August 2015: AED 219,410 a yearRenewal, August 2016: AED 242,652 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 4001 sits

All 13 4-beds →

4001 last sold in October 2024 at AED 1,696 per sqft, in line with what four-beds in Ocean Heights Tower were fetching at the time (AED 1,696). 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
23 Feb 202410,000,000
27 Oct 20234,100,000
3 Jun 20222,350,000
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 40th floor

All 581 units in Ocean Heights Tower
Value
40021-bedAED 1.7M · Apr 2015
40032-bedAED 1.69M · Jun 2011
40041-bedAED 1.15M · Dec 2022
40051-bedAED 1.45M · Jul 2014
40062-bedAED 2.74M · Aug 2011
40073-bedAED 2.74M · Oct 2026

4001, Ocean Heights Tower in numbers

  • Sold 4 times: first on 5 August 2009 for AED 4,164,300, last on 17 October 2024 for AED 4,200,000 (AED 1,696 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 200,000 to AED 242,652 a year.
  • At AED 242,652 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 40,400 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 17 October 2024.

Questions about 4001, Ocean Heights Tower

What did unit 4001 last sell for?

AED 4,200,000 on 17 October 2024: AED 1,696 per sqft for 2,476 sqft. The unit has 4 registered sales; the first was AED 4,164,300 in August 2009.

What is the rent for unit 4001?

AED 242,652 a year on the contract renewed on 16 August 2016. The previous contract, from August 2015, was AED 219,410; the unit has been rented since August 2013.

How big is unit 4001?

2,476 sqft (230.0 sqm): a four-bedroom apartment on the 40th floor of a 80-storey tower completed in 2010.

What is unit 4001 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 4001, Ocean Heights Tower

Starts from the last sale price (AED 4.2M, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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