5407, Ocean Heights Tower
Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5407, Ocean Heights Tower
What is 5407 worth today?
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Source: Dubai Land Department. Updated 31 May 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,340 sqft
- Floor
- 54th of 80
- Parking
- P3-9
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 21,900 /yr
- Last sold
- AED 2.68M · December 2011
- Building
- Ocean Heights Tower
About 5407, Ocean Heights Tower
5407 is a two-bedroom apartment of 1,340 sqft on the 54th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 22 December 2011 for AED 2,679,000, or AED 1,999 per sqft, 31% above the AED 1,527 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 31 May 2022, is AED 98,215 a year: a gross yield of 3.7% on the 2011 price, before the service charge of about AED 21,900 a year.
Sales and rents for 5407 over time
5407 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 5407 sits
All 203 2-beds →5407 last sold in December 2011 at AED 1,999 per sqft, 31% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,527). 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. 5407's AED 98,215 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 54th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 3-bed | 2,036 sqft | AED 3.28MAED 3,275,906 · May 2026May 2026 | 155,000 /yr | |
| 5402 | 1-bed | 919 sqft | AED 1MAED 1,000,000 · Nov 2018November 2018 | 80,000 /yr | |
| 5403 | 2-bed | 1,598 sqft | AED 2MAED 2,000,000 · Apr 2022April 2022 | 145,000 /yr | |
| 5404 | 1-bed | 919 sqft | AED 850KAED 850,000 · Dec 2019December 2019 | 90,000 /yr | |
| 5405 | 1-bed | 926 sqft | AED 1.34MAED 1,335,000 · Jul 2015July 2015 | 100,000 /yr | |
| 5406 | 2-bed | 1,582 sqft | AED 1.43MAED 1,425,000 · Jun 2021June 2021 | 165,000 /yr | |
| 5408 | 1-bed | 907 sqft | AED 1.82MAED 1,819,000 · Aug 2011August 2011 | 125,000 /yr |
5407, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 2,679,000, last on 22 December 2011 for AED 2,679,000 (AED 1,999 per sqft).
- Rented since April 2015 on 8 Ejari contracts, from AED 150,000 to AED 98,215 a year.
- At AED 98,215 a year the gross yield on the 2011 price is 3.7%, before a service charge of about AED 21,900 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 31 May 2022.
Questions about 5407, Ocean Heights Tower
What did unit 5407 last sell for?
AED 2,679,000 on 22 December 2011: AED 1,999 per sqft for 1,340 sqft. The unit has 2 registered sales; the first was AED 2,679,000 in July 2009.
What is the rent for unit 5407?
AED 98,215 a year on the contract renewed on 31 May 2022. The previous contract, from May 2021, was AED 90,000; the unit has been rented since April 2015.
How big is unit 5407?
1,340 sqft (124.5 sqm): a two-bedroom apartment on the 54th floor of a 80-storey tower completed in 2010.
What is unit 5407 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 5407, Ocean Heights Tower
Starts from the last sale price (AED 2.68M, 22 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,679,000
- Deposit, UAE resident (20%)
- AED 535,800
- Deposit, non-resident (40%)
- AED 1,071,600
- Monthly over 25 years at 3.7%
- AED 10,961
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →