4502, Ocean Heights Tower
Sold prices and rental history: sold once, by the developer in September 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4502, Ocean Heights Tower
What is 4502 worth today?
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Source: Dubai Land Department. Updated 9 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,315 sqft
- Floor
- 45th of 80
- Parking
- P3-88
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 21,500 /yr
- Last sold
- AED 1.42M · September 2022
- Building
- Ocean Heights Tower
About 4502, Ocean Heights Tower
4502 is a two-bedroom apartment of 1,315 sqft on the 45th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. The developer sold it on 9 September 2022 for AED 1,420,000, or AED 1,079 per sqft, 5% below the AED 1,133 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 1 June 2020, is AED 78,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 21,500 a year.
Sales and rents for 4502 over time
4502 has sold once; the dashed line is the two-bed median of each year in the building.
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 4502 sits
All 203 2-beds →4502 last sold in September 2022 at AED 1,079 per sqft, 5% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,133). 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. 4502's AED 78,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jul 20267 July 2026 | 1,358 sqft | 1,800,000 | 1,325 | ||
| 25 Jun 202625 June 2026 | 1,329 sqft | 1,700,000 | 1,279 | ||
| 10 Jun 202610 June 2026 | 692 sqft | 2,000,000 | 2,890 | ||
| 3 Feb 20263 February 2026 | 1,609 sqft | 2,100,000 | 1,305 |
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 45th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4501 | 3-bed | 2,076 sqft | AED 3.92MAED 3,922,000 · Aug 2011August 2011 | 190,000 /yr | |
| 4503 | 2-bed | 1,626 sqft | AED 1.92MAED 1,923,000 · Dec 2011December 2011 | 140,000 /yr | |
| 4504 | 1-bed | 918 sqft | AED 1.18MAED 1,175,000 · Oct 2021October 2021 | 85,000 /yr | |
| 4505 | 1-bed | 927 sqft | AED 1.2MAED 1,200,000 · Dec 2022December 2022 | 92,000 /yr | |
| 4506 | 2-bed | 1,589 sqft | AED 2.3MAED 2,300,000 · Jul 2012July 2012 | 120,062 /yr | |
| 4507 | 3-bed | 1,680 sqft | AED 4MAED 4,000,000 · Dec 2024December 2024 | 115,000 /yr |
4502, Ocean Heights Tower in numbers
- Sold once: by DAMAC on 9 September 2022 for AED 1,420,000, or AED 1,079 per sqft.
- Rented since September 2012 on 5 Ejari contracts, from AED 110,000 to AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 21,500 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 9 September 2022.
Questions about 4502, Ocean Heights Tower
What did unit 4502 last sell for?
AED 1,420,000 on 9 September 2022, sold by the developer: AED 1,079 per sqft for 1,315 sqft. It is the only registered sale of the unit.
What is the rent for unit 4502?
AED 78,000 a year on the contract renewed on 1 June 2020. The previous contract, from June 2019, was AED 90,000; the unit has been rented since September 2012.
How big is unit 4502?
1,315 sqft (122.2 sqm): a two-bedroom apartment on the 45th floor of a 80-storey tower completed in 2010.
What is unit 4502 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 4502, Ocean Heights Tower
Starts from the last sale price (AED 1.42M, 9 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,420,000
- Deposit, UAE resident (20%)
- AED 284,000
- Deposit, non-resident (40%)
- AED 568,000
- Monthly over 25 years at 3.7%
- AED 5,810
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →