5408, Ocean Heights Tower
Sold prices and rental history: sold twice, last in August 2011, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5408, Ocean Heights Tower
What is 5408 worth today?
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Source: Dubai Land Department. Updated 25 March 2016.
Key facts
- Type
- 1-bed apartment
- Size
- 907 sqft
- Floor
- 54th of 80
- Parking
- P2-27
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 14,800 /yr
- Last sold
- AED 1.82M · August 2011
- Building
- Ocean Heights Tower
About 5408, Ocean Heights Tower
5408 is a one-bedroom apartment of 907 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 1 August 2011 for AED 1,819,000, or AED 2,005 per sqft, 59% above the AED 1,263 one-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 25 March 2016, is AED 125,000 a year: a gross yield of 6.9% on the 2011 price, before the service charge of about AED 14,800 a year.
Sales and rents for 5408 over time
5408 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Ocean Heights Tower, and where 5408 sits
All 288 1-beds →5408 last sold in August 2011 at AED 2,005 per sqft, 59% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,263). Over the last 12 months one-beds sold for AED 1,253,115 to 2,800,000, around AED 1,651 per sqft, and rent for AED 66,000 to 175,000 a year. 5408's AED 125,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,422 sqft | 2,800,000 | 1,969 | ||
| 24 Jul 202624 July 2026 | 885 sqft | 1,300,000 | 1,468 | ||
| 14 Jul 202614 July 2026 | 826 sqft | 1,253,115 | 1,517 | ||
| 11 Jun 202611 June 2026 | 1,053 sqft | 2,030,000 | 1,927 |
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 | |
| 5407 | 2-bed | 1,340 sqft | AED 2.68MAED 2,679,000 · Dec 2011December 2011 | 98,215 /yr |
5408, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 1,819,000, last on 1 August 2011 for AED 1,819,000 (AED 2,005 per sqft).
- Rented since April 2013 on 2 Ejari contracts, from AED 33,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2011 price is 6.9%, before a service charge of about AED 14,800 a year (AED 16.32 per sqft).
- One-beds in Ocean Heights Tower sold for AED 1,253,115–2,800,000 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 25 March 2016.
Questions about 5408, Ocean Heights Tower
What did unit 5408 last sell for?
AED 1,819,000 on 1 August 2011: AED 2,005 per sqft for 907 sqft. The unit has 2 registered sales; the first was AED 1,819,000 in July 2009.
What is the rent for unit 5408?
AED 125,000 a year on the contract signed on 25 March 2016. The previous contract, from April 2013, was AED 33,000.
How big is unit 5408?
907 sqft (84.3 sqm): a one-bedroom apartment on the 54th floor of a 80-storey tower completed in 2010.
What is unit 5408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ocean Heights Tower sold for AED 1,253,115 to 2,800,000 in the last 12 months, around AED 1,651 per sqft.
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Mortgage on 5408, Ocean Heights Tower
Starts from the last sale price (AED 1.82M, 1 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,819,000
- Deposit, UAE resident (20%)
- AED 363,800
- Deposit, non-resident (40%)
- AED 727,600
- Monthly over 25 years at 3.7%
- AED 7,442
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →