Home
Dubai prices
About
Research
3-bed · 2,285 sqftOcean Heights Tower, Dubai Marina · 49th floor · completed 2010

4901, Ocean Heights Tower

Sold prices and rental history: sold twice, last in August 2011, and rented once, from September 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4901 · DLD and Ejari recordsUpdated 15 September 2014
Last soldAED 4.54M3 August 2011
Current rentAED 280K /yr15 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 4901

Property timeline for 4901, Ocean Heights Tower

What is 4901 worth today?

Last sold for AED 4,541,000 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Sep 2014RentedNew contract
AED 280,000/yr12 months · AED 123 per sqft
3 Aug 2011SoldReady
AED 4,541,000AED 1,987 per sqft
8 Jul 2009Sold by developerOff-plan
AED 4,541,000AED 1,987 per sqft

Source: Dubai Land Department. Updated 15 September 2014.

Key facts

Type
3-bed apartment
Size
2,285 sqft
Floor
49th of 80
Parking
P2-61B & P2-61A
Developer
DAMAC
Completed
2010
Service charge
AED 37,300 /yr
Last sold
AED 4.54M · August 2011
Building
Ocean Heights Tower

About 4901, Ocean Heights Tower

4901 is a three-bedroom apartment of 2,285 sqft on the 49th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 3 August 2011 for AED 4,541,000, or AED 1,987 per sqft, 5% above the AED 1,889 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2014. The current contract, signed on 15 September 2014, is AED 280,000 a year: a gross yield of 6.2% on the 2011 price, before the service charge of about AED 37,300 a year.

Sales and rents for 4901 over time

Sales
Unit 4901, each saleTypical three-bed in Ocean Heights Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 3,184,501; 2010 AED 2,307,360; 2011 AED 3,226,000; 2012 AED 2,355,375; 2013 AED 2,800,000; 2014 AED 3,700,000; 2017 AED 2,300,000; 2018 AED 3,050,500; 2020 AED 1,565,000; 2021 AED 2,150,000; 2022 AED 2,050,000; 2023 AED 2,500,000; 2024 AED 2,600,000; 2026 AED 3,000,000Sold by developer, July 2009: AED 4,541,000 (AED 1,987 per sqft)Sold, August 2011: AED 4,541,000 (AED 1,987 per sqft)

4901 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4901, each contractTypical three-bed in Ocean Heights Tower
100K200K300K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 150,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 187,500; 2017 AED 175,000; 2018 AED 155,000; 2019 AED 137,500; 2020 AED 125,000; 2021 AED 118,500; 2022 AED 145,000; 2023 AED 160,000; 2024 AED 178,997; 2025 AED 190,000; 2026 AED 175,000New contract, September 2014: AED 280,000 a year

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 4901 sits

All 72 3-beds →

4901 last sold in August 2011 at AED 1,987 per sqft, 5% above what three-beds in Ocean Heights Tower were fetching at the time (AED 1,889). 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. 4901's AED 280,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,800,000
13 Oct 20262,800,000
6 Oct 20261,500,000
1 Oct 20262,741,952
9 3-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 49th floor

All 581 units in Ocean Heights Tower
Value
49022-bedAED 950K · Jun 2020
49032-bedAED 2.1M · Dec 2016
49041-bedAED 1.09M · Aug 2011
49051-bedAED 1.16M · Mar 2013
49062-bedAED 2.7M · Apr 2014
49073-bedAED 1.56M · Oct 2020

4901, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 4,541,000, last on 3 August 2011 for AED 4,541,000 (AED 1,987 per sqft).
  • Rented since September 2014 on one Ejari contract, at AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2011 price is 6.2%, before a service charge of about AED 37,300 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 15 September 2014.

Questions about 4901, Ocean Heights Tower

What did unit 4901 last sell for?

AED 4,541,000 on 3 August 2011: AED 1,987 per sqft for 2,285 sqft. The unit has 2 registered sales; the first was AED 4,541,000 in July 2009.

What is the rent for unit 4901?

AED 280,000 a year on the contract signed on 15 September 2014.

How big is unit 4901?

2,285 sqft (212.3 sqm): a three-bedroom apartment on the 49th floor of a 80-storey tower completed in 2010.

What is unit 4901 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.

Selling 4901? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4901, Ocean Heights Tower

Starts from the last sale price (AED 4.54M, 3 August 2011). Switch to today's estimate once you have unlocked it.
Price
AED 4,541,000
Deposit, UAE resident (20%)
AED 908,200
Deposit, non-resident (40%)
AED 1,816,400
Monthly over 25 years at 3.7%
AED 18,579

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