2-bed · 1,622 sqftOcean Heights Tower, Dubai Marina · 46th floor · completed 2010

4603, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4603 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 2.05M12 September 2024
Current rentAED 64K /yr20 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4603, Ocean Heights Tower

What is 4603 worth today?

Last sold for AED 2,050,000 in 2024

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12 Sep 2024SoldReady
AED 2,050,000AED 1,263 per sqft
20 Apr 2018RentedNew contract
AED 64,000/yr18 months · AED 39 per sqft
20 Apr 2018RentedNew contract
AED 192,000/yr6 months · AED 118 per sqft
18 Sep 2014RentedNew contract
AED 130,000/yr12 months · AED 80 per sqft
18 Sep 2013RentedNew contract
AED 130,000/yr12 months · AED 80 per sqft
13 Jul 2011SoldReady
AED 1,919,000AED 1,183 per sqft
8 Jul 2009Sold by developerOff-plan
AED 1,919,000AED 1,183 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
2-bed apartment
Size
1,622 sqft
Floor
46th of 80
Parking
P3-84
Developer
DAMAC
Completed
2010
Service charge
AED 26,500 /yr
Last sold
AED 2.05M · September 2024

About 4603, Ocean Heights Tower

4603 is a two-bedroom apartment of 1,622 sqft on the 46th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 12 September 2024 for AED 2,050,000, or AED 1,263 per sqft, 7% below the AED 1,365 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 20 April 2018, is AED 64,000 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 26,500 a year.

Sales and rents for 4603 over time

Sales
Unit 4603, 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, July 2009: AED 1,919,000 (AED 1,183 per sqft)Sold, July 2011: AED 1,919,000 (AED 1,183 per sqft)Sold, September 2024: AED 2,050,000 (AED 1,263 per sqft)

4603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4603, each contractTypical two-bed in Ocean Heights Tower
100K200K2012201620202024Typical 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 130,000 a yearNew contract, September 2014: AED 130,000 a yearNew contract, April 2018: AED 64,000 a yearNew contract, April 2018: AED 192,000 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 4603 sits

All 203 2-beds →

4603 last sold in September 2024 at AED 1,263 per sqft, 7% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,365). 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. 4603's AED 64,000 is at the bottom 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 46th floor

All 581 units in Ocean Heights Tower
Value
46013-bedAED 4.29M · Sep 2011
46022-bedAED 1.75M · Sep 2011
46041-bedAED 1.33M · Nov 2016
46051-bedAED 1.14M · Sep 2011
46062-bedAED 2.8M · Mar 2014
46073-bedAED 3.28M · May 2016

4603, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,919,000, last on 12 September 2024 for AED 2,050,000 (AED 1,263 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 130,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2024 price is 3.1%, before a service charge of about AED 26,500 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 12 September 2024.

Questions about 4603, Ocean Heights Tower

What did unit 4603 last sell for?

AED 2,050,000 on 12 September 2024: AED 1,263 per sqft for 1,622 sqft. The unit has 3 registered sales; the first was AED 1,919,000 in July 2009.

What is the rent for unit 4603?

AED 64,000 a year on the contract signed on 20 April 2018. The previous contract, from April 2018, was AED 192,000; the unit has been rented since September 2013.

How big is unit 4603?

1,622 sqft (150.7 sqm): a two-bedroom apartment on the 46th floor of a 80-storey tower completed in 2010.

What is unit 4603 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 4603, Ocean Heights Tower

Starts from the last sale price (AED 2.05M, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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