5306, Ocean Heights Tower
Sold prices and rental history: sold twice, last in June 2011, 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 5306, Ocean Heights Tower
What is 5306 worth today?
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Source: Dubai Land Department. Updated 28 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,582 sqft
- Floor
- 53rd of 80
- Parking
- P3-5
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 25,800 /yr
- Last sold
- AED 2.02M · June 2011
- Building
- Ocean Heights Tower
About 5306, Ocean Heights Tower
5306 is a two-bedroom apartment of 1,582 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 21 June 2011 for AED 2,018,000, or AED 1,275 per sqft, 7% below the AED 1,371 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 28 November 2024, is AED 149,000 a year: a gross yield of 7.4% on the 2011 price, before the service charge of about AED 25,800 a year.
Sales and rents for 5306 over time
5306 has sold twice; 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 5306 sits
All 203 2-beds →5306 last sold in June 2011 at AED 1,275 per sqft, 7% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,371). 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. 5306's AED 149,000 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 53rd floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5301 | 3-bed | 2,050 sqft | AED 3.2MAED 3,200,000 · Dec 2023December 2023 | 230,000 /yr | |
| 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 | |
| 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 |
5306, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 2,018,000, last on 21 June 2011 for AED 2,018,000 (AED 1,275 per sqft).
- Rented since August 2016 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 95,000 in 2020 and recovered to AED 149,000 by November 2024.
- At AED 149,000 a year the gross yield on the 2011 price is 7.4%, 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 28 November 2024.
Questions about 5306, Ocean Heights Tower
What did unit 5306 last sell for?
AED 2,018,000 on 21 June 2011: AED 1,275 per sqft for 1,582 sqft. The unit has 2 registered sales; the first was AED 2,018,000 in July 2009.
What is the rent for unit 5306?
AED 149,000 a year on the contract signed on 28 November 2024. The previous contract, from November 2024, was AED 149,000; the unit has been rented since August 2016.
How big is unit 5306?
1,582 sqft (147.0 sqm): a two-bedroom apartment on the 53rd floor of a 80-storey tower completed in 2010.
What is unit 5306 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 5306, Ocean Heights Tower
Starts from the last sale price (AED 2.02M, 21 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,018,000
- Deposit, UAE resident (20%)
- AED 403,600
- Deposit, non-resident (40%)
- AED 807,200
- Monthly over 25 years at 3.7%
- AED 8,256
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →