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1-bed · 918 sqftOcean Heights Tower, Dubai Marina · 48th floor · completed 2010

4804, Ocean Heights Tower

Sold prices and rental history: sold 4 times, last in October 2015, and rented once, from November 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4804 · DLD and Ejari recordsUpdated 1 November 2017
Last soldAED 875K19 October 2015
Current rentAED 60K /yr1 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4804, Ocean Heights Tower

What is 4804 worth today?

Last sold for AED 875,000 in 2015

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1 Nov 2017RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
19 Oct 2015SoldReady
AED 875,000AED 953 per sqft
29 Apr 2014SoldReady
AED 1,650,000AED 1,797 per sqft
18 Sep 2011SoldReady
AED 1,086,000AED 1,183 per sqft
8 Jul 2009Sold by developerOff-plan
AED 1,086,000AED 1,183 per sqft

Source: Dubai Land Department. Updated 1 November 2017.

Key facts

Type
1-bed apartment
Size
918 sqft
Floor
48th of 80
Parking
P2-12
Developer
DAMAC
Completed
2010
Service charge
AED 15,000 /yr
Last sold
AED 875K · October 2015
Building
Ocean Heights Tower

About 4804, Ocean Heights Tower

4804 is a one-bedroom apartment of 918 sqft on the 48th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 19 October 2015 for AED 875,000, or AED 953 per sqft, 34% below the AED 1,436 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2017. The current contract, signed on 1 November 2017, is AED 60,000 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 15,000 a year.

Sales and rents for 4804 over time

Sales
Unit 4804, each saleTypical one-bed in Ocean Heights Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,242,000; 2010 AED 1,725,700; 2011 AED 1,211,000; 2012 AED 1,115,184; 2013 AED 1,340,000; 2014 AED 1,560,000; 2015 AED 1,320,000; 2016 AED 1,370,000; 2017 AED 1,300,000; 2018 AED 1,237,500; 2019 AED 928,000; 2020 AED 750,000; 2021 AED 930,000; 2022 AED 1,150,000; 2023 AED 1,300,000; 2024 AED 1,380,000; 2025 AED 1,405,000; 2026 AED 1,625,000Sold by developer, July 2009: AED 1,086,000 (AED 1,183 per sqft)Sold, September 2011: AED 1,086,000 (AED 1,183 per sqft)Sold, April 2014: AED 1,650,000 (AED 1,797 per sqft)Sold, October 2015: AED 875,000 (AED 953 per sqft)

4804 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4804, each contractTypical one-bed in Ocean Heights Tower
75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 101,535; 2017 AED 95,000; 2018 AED 87,500; 2019 AED 78,579; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 73,500; 2023 AED 89,759; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, November 2017: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ocean Heights Tower, and where 4804 sits

All 288 1-beds →

4804 last sold in October 2015 at AED 953 per sqft, 34% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,436). Over the last 12 months one-beds sold for AED 1,253,115 to 2,800,000, around AED 1,651 per sqft, and rent for AED 66,000 to 175,000 a year. 4804's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20262,800,000
24 Jul 20261,300,000
14 Jul 20261,253,115
11 Jun 20262,030,000
10 1-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 48th floor

All 581 units in Ocean Heights Tower
Value
48013-bedAED 4.91M · Nov 2011
48022-bedAED 1.53M · Feb 2023
48032-bedAED 2.23M · Mar 2024
48051-bedAED 1.32M · Nov 2016
48062-bedAED 2.41M · Feb 2025
48073-bedAED 3M · Jul 2026

4804, Ocean Heights Tower in numbers

  • Sold 4 times: first on 8 July 2009 for AED 1,086,000, last on 19 October 2015 for AED 875,000 (AED 953 per sqft).
  • Rented since November 2017 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 6.9%, before a service charge of about AED 15,000 a year (AED 16.32 per sqft).
  • One-beds in Ocean Heights Tower sold for AED 1,253,115–2,800,000 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 November 2017.

Questions about 4804, Ocean Heights Tower

What did unit 4804 last sell for?

AED 875,000 on 19 October 2015: AED 953 per sqft for 918 sqft. The unit has 4 registered sales; the first was AED 1,086,000 in July 2009.

What is the rent for unit 4804?

AED 60,000 a year on the contract signed on 1 November 2017.

How big is unit 4804?

918 sqft (85.3 sqm): a one-bedroom apartment on the 48th floor of a 80-storey tower completed in 2010.

What is unit 4804 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ocean Heights Tower sold for AED 1,253,115 to 2,800,000 in the last 12 months, around AED 1,651 per sqft.

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Mortgage on 4804, Ocean Heights Tower

Starts from the last sale price (AED 875K, 19 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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