5301, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5301, Ocean Heights Tower
What is 5301 worth today?
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Source: Dubai Land Department. Updated 11 December 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,050 sqft
- Floor
- 53rd of 80
- Parking
- P2-88
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 33,500 /yr
- Last sold
- AED 3.2M · December 2023
- Building
- Ocean Heights Tower
About 5301, Ocean Heights Tower
5301 is a three-bedroom apartment of 2,050 sqft on the 53rd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 11 December 2023 for AED 3,200,000, or AED 1,560 per sqft, 9% above the AED 1,430 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 230,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 33,500 a year.
Sales and rents for 5301 over time
5301 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 5301 sits
All 72 3-beds →5301 last sold in December 2023 at AED 1,560 per sqft, 9% above what three-beds in Ocean Heights Tower were fetching at the time (AED 1,430). 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. 5301's AED 230,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,791 sqft | 2,800,000 | 1,563 | ||
| 13 Oct 202613 October 2026 | 1,761 sqft | 2,800,000 | 1,590 | ||
| 6 Oct 20266 October 2026 | 847 sqft | 1,500,000 | 1,770 | ||
| 1 Oct 20261 October 2026 | 1,708 sqft | 2,741,952 | 1,605 |
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 53rd floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5302 | 1-bed | 367 sqft | AED 360KAED 360,000 · Jul 2024July 2024 | 82,800 /yr | |
| 5303 | 2-bed | 1,600 sqft | AED 2.25MAED 2,250,000 · Oct 2025October 2025 | 140,000 /yr | |
| 5304 | 1-bed | 919 sqft | AED 1.1MAED 1,100,000 · Aug 2011August 2011 | 80,000 /yr | |
| 5305 | 1-bed | 925 sqft | AED 1.6MAED 1,600,000 · Mar 2014March 2014 | 100,000 /yr | |
| 5306 | 2-bed | 1,582 sqft | AED 2.02MAED 2,018,000 · Jun 2011June 2011 | 149,000 /yr | |
| 5307 | 2-bed | 1,328 sqft | AED 2MAED 2,000,000 · Feb 2022February 2022 | ||
| 5308 | 1-bed | 452 sqft | AED 1.42MAED 1,417,472 · Mar 2011March 2011 | 105,000 /yr |
5301, Ocean Heights Tower in numbers
- Sold 3 times: first on 20 April 2011 for AED 2,934,400, last on 11 December 2023 for AED 3,200,000 (AED 1,560 per sqft).
- Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 200,000 to AED 175,000 in 2019 and recovered to AED 230,000 by January 2023.
- At AED 230,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 33,500 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 11 December 2023.
Questions about 5301, Ocean Heights Tower
What did unit 5301 last sell for?
AED 3,200,000 on 11 December 2023: AED 1,560 per sqft for 2,050 sqft. The unit has 3 registered sales; the first was AED 2,934,400 in April 2011.
What is the rent for unit 5301?
AED 230,000 a year on the contract renewed on 1 January 2023. The previous contract, from December 2021, was AED 250,000; the unit has been rented since November 2016.
How big is unit 5301?
2,050 sqft (190.5 sqm): a three-bedroom apartment on the 53rd floor of a 80-storey tower completed in 2010.
What is unit 5301 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 5301, Ocean Heights Tower
Starts from the last sale price (AED 3.2M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →