4706, Ocean Heights Tower
Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4706, Ocean Heights Tower
What is 4706 worth today?
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Source: Dubai Land Department. Updated 10 December 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,585 sqft
- Floor
- 47th of 80
- Parking
- P3-63
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.98M · March 2011
- Building
- Ocean Heights Tower
About 4706, Ocean Heights Tower
4706 is a two-bedroom apartment of 1,585 sqft on the 47th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 31 March 2011 for AED 1,980,000, or AED 1,249 per sqft, 9% below the AED 1,371 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 10 December 2018, is AED 105,000 a year: a gross yield of 5.3% on the 2011 price, before the service charge of about AED 25,900 a year.
Sales and rents for 4706 over time
4706 has sold twice; 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 4706 sits
All 203 2-beds →4706 last sold in March 2011 at AED 1,249 per sqft, 9% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,371). 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. 4706's AED 105,000 is in the lower half 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 47th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4701 | 3-bed | 2,299 sqft | AED 7.05MAED 7,047,000 · Mar 2012March 2012 | 225,000 /yr | |
| 4702 | 2-bed | 1,296 sqft | AED 2.08MAED 2,075,000 · Mar 2024March 2024 | 120,000 /yr | |
| 4703 | 2-bed | 1,618 sqft | AED 2MAED 2,000,000 · Nov 2022November 2022 | 160,000 /yr | |
| 4704 | 1-bed | 918 sqft | AED 1.3MAED 1,300,000 · May 2013May 2013 | 78,200 /yr | |
| 4705 | 1-bed | 926 sqft | AED 1.09MAED 1,089,650 · Apr 2011April 2011 | 80,000 /yr | |
| 4707 | 3-bed | 1,673 sqft | AED 3.23MAED 3,232,000 · Dec 2011December 2011 | 163,000 /yr |
4706, Ocean Heights Tower in numbers
- Sold twice: first on 5 August 2009 for AED 1,980,000, last on 31 March 2011 for AED 1,980,000 (AED 1,249 per sqft).
- Rented since July 2013 on 5 Ejari contracts, from AED 135,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2011 price is 5.3%, before a service charge of about AED 25,900 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 10 December 2018.
Questions about 4706, Ocean Heights Tower
What did unit 4706 last sell for?
AED 1,980,000 on 31 March 2011: AED 1,249 per sqft for 1,585 sqft. The unit has 2 registered sales; the first was AED 1,980,000 in August 2009.
What is the rent for unit 4706?
AED 105,000 a year on the contract signed on 10 December 2018. The previous contract, from September 2017, was AED 132,600; the unit has been rented since July 2013.
How big is unit 4706?
1,585 sqft (147.3 sqm): a two-bedroom apartment on the 47th floor of a 80-storey tower completed in 2010.
What is unit 4706 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 4706, Ocean Heights Tower
Starts from the last sale price (AED 1.98M, 31 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,980,000
- Deposit, UAE resident (20%)
- AED 396,000
- Deposit, non-resident (40%)
- AED 792,000
- Monthly over 25 years at 3.7%
- AED 8,101
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →