5006, Ocean Heights Tower
Sold prices and rental history: sold 5 times, last in September 2024, 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 5006, Ocean Heights Tower
What is 5006 worth today?
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Source: Dubai Land Department. Updated 30 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,582 sqft
- Floor
- 50th of 80
- Parking
- P3-78
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 25,800 /yr
- Last sold
- AED 2.68M · September 2024
- Building
- Ocean Heights Tower
About 5006, Ocean Heights Tower
5006 is a two-bedroom apartment of 1,582 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 30 September 2024 for AED 2,680,000, or AED 1,694 per sqft, 24% above the AED 1,367 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 20 June 2018, is AED 135,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 25,800 a year.
Sales and rents for 5006 over time
5006 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 5006 sits
All 203 2-beds →5006 last sold in September 2024 at AED 1,694 per sqft, 24% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,367). 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. 5006's AED 135,000 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 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 | ||
| 5003 | 2-bed | 1,608 sqft | AED 2.1MAED 2,100,000 · Oct 2022October 2022 | 150,000 /yr | |
| 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 | |
| 5007 | 3-bed | 1,687 sqft | AED 6.45MAED 6,450,830 · Mar 2011March 2011 | 165,002 /yr |
5006, Ocean Heights Tower in numbers
- Sold 5 times: first on 16 March 2010 for AED 3,562,250, last on 30 September 2024 for AED 2,680,000 (AED 1,694 per sqft).
- Rented since June 2012 on 6 Ejari contracts, from AED 120,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 25,800 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 30 September 2024.
Questions about 5006, Ocean Heights Tower
What did unit 5006 last sell for?
AED 2,680,000 on 30 September 2024: AED 1,694 per sqft for 1,582 sqft. The unit has 5 registered sales; the first was AED 3,562,250 in March 2010.
What is the rent for unit 5006?
AED 135,000 a year on the contract signed on 20 June 2018. The previous contract, from October 2016, was AED 150,000; the unit has been rented since June 2012.
How big is unit 5006?
1,582 sqft (147.0 sqm): a two-bedroom apartment on the 50th floor of a 80-storey tower completed in 2010.
What is unit 5006 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 5006, Ocean Heights Tower
Starts from the last sale price (AED 2.68M, 30 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,680,000
- Deposit, UAE resident (20%)
- AED 536,000
- Deposit, non-resident (40%)
- AED 1,072,000
- Monthly over 25 years at 3.7%
- AED 10,965
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →