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3-bed · 2,270 sqftOcean Heights Tower, Dubai Marina · 51st floor · completed 2010

5101, Ocean Heights Tower

Sold prices and rental history: sold twice, last in July 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5101 · DLD and Ejari recordsUpdated 20 July 2011
Last soldAED 4.48M20 July 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5101, Ocean Heights Tower

What is 5101 worth today?

Last sold for AED 4,479,000 in 2011

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20 Jul 2011SoldReady
AED 4,479,000AED 1,973 per sqft
8 Jul 2009Sold by developerOff-plan
AED 4,479,000AED 1,973 per sqft

Source: Dubai Land Department. Updated 20 July 2011.

Key facts

Type
3-bed apartment
Size
2,270 sqft
Floor
51st of 80
Parking
P2-78
Developer
DAMAC
Completed
2010
Service charge
AED 37,000 /yr
Last sold
AED 4.48M · July 2011
Building
Ocean Heights Tower

About 5101, Ocean Heights Tower

5101 is a three-bedroom apartment of 2,270 sqft on the 51st floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 20 July 2011 for AED 4,479,000, or AED 1,973 per sqft, 3% above the AED 1,909 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5101 over time

Sales
Unit 5101, 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 4,479,000 (AED 1,973 per sqft)Sold, July 2011: AED 4,479,000 (AED 1,973 per sqft)

5101 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5101, 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 5101 sits

All 72 3-beds →

5101 last sold in July 2011 at AED 1,973 per sqft, 3% above what three-beds in Ocean Heights Tower were fetching at the time (AED 1,909). 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 51st floor

All 581 units in Ocean Heights Tower
Value
51022-bedAED 1.4M · Dec 2021
51032-bedAED 1.5M · Feb 2022
51041-bedAED 1.1M · May 2011
51051-bedAED 1.58M · Mar 2016
51062-bedAED 2.1M · May 2023
51073-bedAED 1.5M · Oct 2026

5101, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 4,479,000, last on 20 July 2011 for AED 4,479,000 (AED 1,973 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 20 July 2011.

Questions about 5101, Ocean Heights Tower

What did unit 5101 last sell for?

AED 4,479,000 on 20 July 2011: AED 1,973 per sqft for 2,270 sqft. The unit has 2 registered sales; the first was AED 4,479,000 in July 2009.

How big is unit 5101?

2,270 sqft (210.9 sqm): a three-bedroom apartment on the 51st floor of a 80-storey tower completed in 2010.

What is unit 5101 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 5101, Ocean Heights Tower

Starts from the last sale price (AED 4.48M, 20 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 4,479,000
Deposit, UAE resident (20%)
AED 895,800
Deposit, non-resident (40%)
AED 1,791,600
Monthly over 25 years at 3.7%
AED 18,325

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