3-bed · 2,273 sqftOcean Heights Tower, Dubai Marina · 50th floor · completed 2010

5001, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5001 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 3M1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5001, Ocean Heights Tower

What is 5001 worth today?

Last sold for AED 3,000,000 in 2023

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1 Dec 2023SoldReady
AED 3,000,000AED 1,319 per sqft
11 May 2011SoldReady
AED 4,427,280AED 1,947 per sqft
5 Aug 2009Sold by developerOff-plan
AED 4,427,280AED 1,947 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
3-bed apartment
Size
2,273 sqft
Floor
50th of 80
Parking
P2-77
Developer
DAMAC
Completed
2010
Service charge
AED 37,100 /yr
Last sold
AED 3M · December 2023

About 5001, Ocean Heights Tower

5001 is a three-bedroom apartment of 2,273 sqft on the 50th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 1 December 2023 for AED 3,000,000, or AED 1,319 per sqft, 7% below the AED 1,411 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5001 over time

Sales
Unit 5001, 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, August 2009: AED 4,427,280 (AED 1,947 per sqft)Sold, May 2011: AED 4,427,280 (AED 1,947 per sqft)Sold, December 2023: AED 3,000,000 (AED 1,319 per sqft)

5001 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5001, each contractTypical three-bed in Ocean Heights Tower
150K200K2012201620202024Typical 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 175,000

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 5001 sits

All 72 3-beds →

5001 last sold in December 2023 at AED 1,319 per sqft, 7% below what three-beds in Ocean Heights Tower were fetching at the time (AED 1,411). 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.

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 50th floor

All 581 units in Ocean Heights Tower
Value
50022-bedAED 1.7M · Jun 2011
50032-bedAED 2.1M · Oct 2022
50041-bedAED 1.53M · Nov 2024
50051-bedAED 1.15M · Dec 2011
50062-bedAED 2.68M · Sep 2024
50073-bedAED 6.45M · Mar 2011

5001, Ocean Heights Tower in numbers

  • Sold 3 times: first on 5 August 2009 for AED 4,427,280, last on 1 December 2023 for AED 3,000,000 (AED 1,319 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 1 December 2023.

Questions about 5001, Ocean Heights Tower

What did unit 5001 last sell for?

AED 3,000,000 on 1 December 2023: AED 1,319 per sqft for 2,273 sqft. The unit has 3 registered sales; the first was AED 4,427,280 in August 2009.

How big is unit 5001?

2,273 sqft (211.2 sqm): a three-bedroom apartment on the 50th floor of a 80-storey tower completed in 2010.

What is unit 5001 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 5001, Ocean Heights Tower

Starts from the last sale price (AED 3M, 1 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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