4507, Ocean Heights Tower
Sold prices and rental history: sold 6 times, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4507, Ocean Heights Tower
What is 4507 worth today?
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Source: Dubai Land Department. Updated 11 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,680 sqft
- Floor
- 45th of 80
- Parking
- P2-69
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 27,400 /yr
- Last sold
- AED 4M · December 2024
- Building
- Ocean Heights Tower
About 4507, Ocean Heights Tower
4507 is a three-bedroom apartment of 1,680 sqft on the 45th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 11 December 2024 for AED 4,000,000, or AED 2,380 per sqft, 56% above the AED 1,525 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 20 October 2021, is AED 115,000 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 27,400 a year.
Sales and rents for 4507 over time
4507 has sold 6 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Ocean Heights Tower, and where 4507 sits
All 72 3-beds →4507 last sold in December 2024 at AED 2,380 per sqft, 56% above what three-beds in Ocean Heights Tower were fetching at the time (AED 1,525). Over the last 12 months three-beds sold for AED 1,500,000 to 3,938,750, around AED 1,770 per sqft, and rent for AED 150,000 to 246,750 a year. 4507's AED 115,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,791 sqft | 2,800,000 | 1,563 | ||
| 13 Oct 202613 October 2026 | 1,761 sqft | 2,800,000 | 1,590 | ||
| 6 Oct 20266 October 2026 | 847 sqft | 1,500,000 | 1,770 | ||
| 1 Oct 20261 October 2026 | 1,708 sqft | 2,741,952 | 1,605 |
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 | |
| 4502 | 2-bed | 1,315 sqft | AED 1.42MAED 1,420,000 · Sep 2022September 2022 | 78,000 /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, Ocean Heights Tower in numbers
- Sold 6 times: first on 8 July 2009 for AED 3,887,000, last on 11 December 2024 for AED 4,000,000 (AED 2,380 per sqft).
- Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2020 and recovered to AED 115,000 by October 2021.
- At AED 115,000 a year the gross yield on the 2024 price is 2.9%, before a service charge of about AED 27,400 a year (AED 16.32 per sqft).
- Three-beds in Ocean Heights Tower sold for AED 1,500,000–3,938,750 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 11 December 2024.
Questions about 4507, Ocean Heights Tower
What did unit 4507 last sell for?
AED 4,000,000 on 11 December 2024: AED 2,380 per sqft for 1,680 sqft. The unit has 6 registered sales; the first was AED 3,887,000 in July 2009.
What is the rent for unit 4507?
AED 115,000 a year on the contract signed on 20 October 2021. The previous contract, from October 2020, was AED 100,000; the unit has been rented since October 2017.
How big is unit 4507?
1,680 sqft (156.1 sqm): a three-bedroom apartment on the 45th floor of a 80-storey tower completed in 2010.
What is unit 4507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ocean Heights Tower sold for AED 1,500,000 to 3,938,750 in the last 12 months, around AED 1,770 per sqft.
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Mortgage on 4507, Ocean Heights Tower
Starts from the last sale price (AED 4M, 11 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →