5003, Ocean Heights Tower
Sold prices and rental history: sold 5 times, last in October 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5003, Ocean Heights Tower
What is 5003 worth today?
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Source: Dubai Land Department. Updated 4 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,608 sqft
- Floor
- 50th of 80
- Parking
- P3-77
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 26,200 /yr
- Last sold
- AED 2.1M · October 2022
- Building
- Ocean Heights Tower
About 5003, Ocean Heights Tower
5003 is a two-bedroom apartment of 1,608 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 5 October 2022 for AED 2,100,000, or AED 1,305 per sqft, 10% above the AED 1,188 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 4 November 2023, is AED 150,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 26,200 a year.
Sales and rents for 5003 over time
5003 has sold 5 times; 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 5003 sits
All 203 2-beds →5003 last sold in October 2022 at AED 1,305 per sqft, 10% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,188). 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. 5003's AED 150,000 is in the upper 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 50th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | 3-bed | 2,273 sqft | AED 3MAED 3,000,000 · Dec 2023December 2023 | ||
| 5002 | 2-bed | 1,114 sqft | AED 1.7MAED 1,703,000 · Jun 2011June 2011 | ||
| 5004 | 1-bed | 915 sqft | AED 1.53MAED 1,525,000 · Nov 2024November 2024 | 90,000 /yr | |
| 5005 | 1-bed | 926 sqft | AED 1.15MAED 1,152,000 · Dec 2011December 2011 | 71,105 /yr | |
| 5006 | 2-bed | 1,582 sqft | AED 2.68MAED 2,680,000 · Sep 2024September 2024 | 135,000 /yr | |
| 5007 | 3-bed | 1,687 sqft | AED 6.45MAED 6,450,830 · Mar 2011March 2011 | 165,002 /yr |
5003, Ocean Heights Tower in numbers
- Sold 5 times: first on 8 July 2009 for AED 1,920,000, last on 5 October 2022 for AED 2,100,000 (AED 1,305 per sqft).
- Rented since December 2012 on 5 Ejari contracts. The rent fell from AED 112,000 to AED 85,000 in 2021 and recovered to AED 150,000 by November 2023.
- At AED 150,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 26,200 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 4 November 2023.
Questions about 5003, Ocean Heights Tower
What did unit 5003 last sell for?
AED 2,100,000 on 5 October 2022: AED 1,305 per sqft for 1,608 sqft. The unit has 5 registered sales; the first was AED 1,920,000 in July 2009.
What is the rent for unit 5003?
AED 150,000 a year on the contract renewed on 4 November 2023. The previous contract, from November 2022, was AED 140,000; the unit has been rented since December 2012.
How big is unit 5003?
1,608 sqft (149.4 sqm): a two-bedroom apartment on the 50th floor of a 80-storey tower completed in 2010.
What is unit 5003 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 5003, Ocean Heights Tower
Starts from the last sale price (AED 2.1M, 5 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →