5602, Ocean Heights Tower
Sold prices and rental history: sold twice, last in January 2012, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5602, Ocean Heights Tower
What is 5602 worth today?
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Source: Dubai Land Department. Updated 24 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 910 sqft
- Floor
- 56th of 80
- Parking
- P2-30
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 14,900 /yr
- Last sold
- AED 1.67M · January 2012
- Building
- Ocean Heights Tower
About 5602, Ocean Heights Tower
5602 is a one-bedroom apartment of 910 sqft on the 56th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 30 January 2012 for AED 1,671,000, or AED 1,836 per sqft, 46% above the AED 1,256 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 24 April 2024, is AED 80,000 a year: a gross yield of 4.8% on the 2012 price, before the service charge of about AED 14,900 a year.
Sales and rents for 5602 over time
5602 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 5602 sits
All 288 1-beds →5602 last sold in January 2012 at AED 1,836 per sqft, 46% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,256). 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. 5602's AED 80,000 is in the lower 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 56th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5601 | 3-bed | 2,006 sqft | AED 2.8MAED 2,800,000 · Mar 2013March 2013 | 175,000 /yr | |
| 5603 | 2-bed | 1,592 sqft | AED 1.83MAED 1,830,800 · Apr 2011April 2011 | ||
| 5604 | 1-bed | 919 sqft | AED 2.62MAED 2,620,000 · Mar 2010March 2010 | ||
| 5605 | 1-bed | 926 sqft | AED 1.63MAED 1,625,000 · Feb 2026February 2026 | 107,000 /yr | |
| 5606 | 2-bed | 1,580 sqft | AED 2.7MAED 2,700,000 · Apr 2025April 2025 | 103,000 /yr | |
| 5607 | 2-bed | 1,368 sqft | AED 2.7MAED 2,700,000 · Nov 2024November 2024 | ||
| 5608 | 1-bed | 917 sqft | AED 1.3MAED 1,300,000 · May 2021May 2021 | 110,000 /yr |
5602, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 1,671,000, last on 30 January 2012 for AED 1,671,000 (AED 1,836 per sqft).
- Rented since April 2024 on 2 Ejari contracts, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2012 price is 4.8%, before a service charge of about AED 14,900 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 24 April 2024.
Questions about 5602, Ocean Heights Tower
What did unit 5602 last sell for?
AED 1,671,000 on 30 January 2012: AED 1,836 per sqft for 910 sqft. The unit has 2 registered sales; the first was AED 1,671,000 in July 2009.
What is the rent for unit 5602?
AED 80,000 a year on the contract renewed on 24 April 2024. The previous contract, from April 2024, was AED 80,000.
How big is unit 5602?
910 sqft (84.5 sqm): a one-bedroom apartment on the 56th floor of a 80-storey tower completed in 2010.
What is unit 5602 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 5602, Ocean Heights Tower
Starts from the last sale price (AED 1.67M, 30 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,671,000
- Deposit, UAE resident (20%)
- AED 334,200
- Deposit, non-resident (40%)
- AED 668,400
- Monthly over 25 years at 3.7%
- AED 6,837
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →