4002, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in April 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4002, Ocean Heights Tower
What is 4002 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,025 sqft
- Floor
- 40th of 80
- Parking
- P1-56
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.7M · April 2015
- Building
- Ocean Heights Tower
About 4002, Ocean Heights Tower
4002 is a one-bedroom apartment of 1,025 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 29 April 2015 for AED 1,700,000, or AED 1,658 per sqft, 7% above the AED 1,550 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 June 2024, is AED 100,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 16,700 a year.
Sales and rents for 4002 over time
4002 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 4002 sits
All 288 1-beds →4002 last sold in April 2015 at AED 1,658 per sqft, 7% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,550). 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. 4002's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,422 sqft | 2,800,000 | 1,969 | ||
| 24 Jul 202624 July 2026 | 885 sqft | 1,300,000 | 1,468 | ||
| 14 Jul 202614 July 2026 | 826 sqft | 1,253,115 | 1,517 | ||
| 11 Jun 202611 June 2026 | 1,053 sqft | 2,030,000 | 1,927 |
Ocean Heights Tower
Building581 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%
Other units on the 40th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 4-bed | 2,476 sqft | AED 4.2MAED 4,200,000 · Oct 2024October 2024 | 242,652 /yr | |
| 4003 | 2-bed | 1,637 sqft | AED 1.69MAED 1,688,000 · Jun 2011June 2011 | 132,300 /yr | |
| 4004 | 1-bed | 915 sqft | AED 1.15MAED 1,150,000 · Dec 2022December 2022 | 100,000 /yr | |
| 4005 | 1-bed | 926 sqft | AED 1.45MAED 1,450,000 · Jul 2014July 2014 | 98,000 /yr | |
| 4006 | 2-bed | 1,602 sqft | AED 2.74MAED 2,741,000 · Aug 2011August 2011 | 153,640 /yr | |
| 4007 | 3-bed | 1,708 sqft | AED 2.74MAED 2,741,952 · Oct 2026October 2026 |
4002, Ocean Heights Tower in numbers
- Sold 3 times: first on 8 July 2009 for AED 1,333,000, last on 29 April 2015 for AED 1,700,000 (AED 1,658 per sqft).
- Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 66,000 in 2020 and recovered to AED 100,000 by June 2024.
- At AED 100,000 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 16,700 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 1 June 2024.
Questions about 4002, Ocean Heights Tower
What did unit 4002 last sell for?
AED 1,700,000 on 29 April 2015: AED 1,658 per sqft for 1,025 sqft. The unit has 3 registered sales; the first was AED 1,333,000 in July 2009.
What is the rent for unit 4002?
AED 100,000 a year on the contract signed on 1 June 2024. The previous contract, from June 2024, was AED 100,000; the unit has been rented since October 2015.
How big is unit 4002?
1,025 sqft (95.2 sqm): a one-bedroom apartment on the 40th floor of a 80-storey tower completed in 2010.
What is unit 4002 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 4002, Ocean Heights Tower
Starts from the last sale price (AED 1.7M, 29 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →