2-bed · 1,326 sqftOcean Heights Tower, Dubai Marina · 44th floor · completed 2010

4402, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in May 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4402 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.81M25 May 2011
Current rentAED 103K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4402, Ocean Heights Tower

What is 4402 worth today?

Last sold for AED 1,808,000 in 2011

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1 Sep 2024RentedNew contract
AED 103,000/yr12 months · AED 78 per sqft
1 Sep 2024RentedNew contract
AED 103,000/yr12 months · AED 78 per sqft
2 Sep 2023RentedRenewal
AED 92,400/yr12 months · AED 70 per sqft
2 Sep 2022RentedRenewal
AED 84,000/yr12 months · AED 63 per sqft
2 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
25 Jul 2020RentedNew contract
AED 70,000/yr12 months · AED 53 per sqft
19 Jan 2019RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
7 Dec 2017RentedRenewal
AED 130,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
44th of 80
Parking
P3-90
Developer
DAMAC
Completed
2010
Service charge
AED 21,600 /yr
Last sold
AED 1.81M · May 2011

About 4402, Ocean Heights Tower

4402 is a two-bedroom apartment of 1,326 sqft on the 44th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 25 May 2011 for AED 1,808,000, or AED 1,363 per sqft, in line with the AED 1,360 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 September 2024, is AED 103,000 a year: a gross yield of 5.7% on the 2011 price, before the service charge of about AED 21,600 a year.

Sales and rents for 4402 over time

Sales
Unit 4402, each saleTypical two-bed in Ocean Heights Tower
1M2M3M2009201420192024Typical 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, December 2009: AED 1,200,000 (AED 904 per sqft)Sold, December 2009: AED 1,200,000 (AED 904 per sqft)Sold, May 2011: AED 1,808,000 (AED 1,363 per sqft)

4402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4402, 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 180,000 a yearNew contract, September 2015: AED 180,000 a yearNew contract, December 2016: AED 130,000 a yearRenewal, December 2017: AED 130,000 a yearNew contract, January 2019: AED 100,000 a yearNew contract, July 2020: AED 70,000 a yearNew contract, September 2021: AED 80,000 a yearRenewal, September 2022: AED 84,000 a yearRenewal, September 2023: AED 92,400 a yearNew contract, September 2024: AED 103,000 a yearNew contract, September 2024: AED 103,000 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 4402 sits

All 203 2-beds →

4402 last sold in May 2011 at AED 1,363 per sqft, in line with what two-beds in Ocean Heights Tower were fetching at the time (AED 1,360). 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. 4402's AED 103,000 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 44th floor

All 581 units in Ocean Heights Tower
Value
44013-bedAED 4.1M · Nov 2014
44032-bedAED 3.95M · Aug 2011
44041-bedAED 1.25M · Jul 2022
44051-bedAED 1M · Jan 2022
44062-bedAED 2.25M · Oct 2017
44073-bedAED 2.6M · Jun 2022

4402, Ocean Heights Tower in numbers

  • Sold 3 times: first on 17 December 2009 for AED 1,200,000, last on 25 May 2011 for AED 1,808,000 (AED 1,363 per sqft).
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 140,000 to AED 70,000 in 2020 and recovered to AED 103,000 by September 2024.
  • At AED 103,000 a year the gross yield on the 2011 price is 5.7%, before a service charge of about AED 21,600 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 1 September 2024.

Questions about 4402, Ocean Heights Tower

What did unit 4402 last sell for?

AED 1,808,000 on 25 May 2011: AED 1,363 per sqft for 1,326 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in December 2009.

What is the rent for unit 4402?

AED 103,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2024, was AED 103,000; the unit has been rented since September 2013.

How big is unit 4402?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 44th floor of a 80-storey tower completed in 2010.

What is unit 4402 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 4402, Ocean Heights Tower

Starts from the last sale price (AED 1.81M, 25 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,808,000
Deposit, UAE resident (20%)
AED 361,600
Deposit, non-resident (40%)
AED 723,200
Monthly over 25 years at 3.7%
AED 7,397

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