2-bed · 1,592 sqftOcean Heights Tower, Dubai Marina · 56th floor · completed 2010

5603, Ocean Heights Tower

Sold prices and rental history: sold once, by the developer in April 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5603 · DLD and Ejari recordsUpdated 10 April 2011
Last soldAED 1.83M10 April 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5603, Ocean Heights Tower

What is 5603 worth today?

Last sold for AED 1,830,800 in 2011

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10 Apr 2011Sold by developerReady
AED 1,830,800AED 1,150 per sqft

Source: Dubai Land Department. Updated 10 April 2011.

Key facts

Type
2-bed apartment
Size
1,592 sqft
Floor
56th of 80
Parking
P3-13
Developer
DAMAC
Completed
2010
Service charge
AED 26,000 /yr
Last sold
AED 1.83M · April 2011

About 5603, Ocean Heights Tower

5603 is a two-bedroom apartment of 1,592 sqft on the 56th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. The developer sold it on 10 April 2011 for AED 1,830,800, or AED 1,150 per sqft, 12% below the AED 1,300 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5603 over time

Sales
Unit 5603, each saleTypical two-bed in Ocean Heights Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,070,000; 2010 AED 2,329,625; 2011 AED 2,070,000; 2012 AED 1,864,018; 2013 AED 2,137,800; 2014 AED 2,800,000; 2015 AED 2,000,000; 2016 AED 2,012,500; 2017 AED 1,995,000; 2018 AED 1,997,500; 2019 AED 1,250,000; 2020 AED 1,035,000; 2021 AED 1,225,000; 2022 AED 1,800,000; 2023 AED 1,800,000; 2024 AED 2,025,000; 2025 AED 2,250,000; 2026 AED 2,000,000Sold by developer, April 2011: AED 1,830,800 (AED 1,150 per sqft)

5603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5603, each contractTypical two-bed in Ocean Heights Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 120,000; 2014 AED 140,000; 2015 AED 143,325; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 121,000; 2019 AED 106,000; 2020 AED 88,500; 2021 AED 88,000; 2022 AED 97,608; 2023 AED 115,000; 2024 AED 121,000; 2025 AED 130,000; 2026 AED 130,000

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 5603 sits

All 203 2-beds →

5603 last sold in April 2011 at AED 1,150 per sqft, 12% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,300). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jul 20261,800,000
25 Jun 20261,700,000
10 Jun 20262,000,000
3 Feb 20262,100,000
6 2-bed sales in the last 12 months

Ocean Heights Tower

Building

581 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%
Ocean Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 56th floor

All 581 units in Ocean Heights Tower
Value
56013-bedAED 2.8M · Mar 2013
56021-bedAED 1.67M · Jan 2012
56041-bedAED 2.62M · Mar 2010
56051-bedAED 1.63M · Feb 2026
56062-bedAED 2.7M · Apr 2025
56072-bedAED 2.7M · Nov 2024
56081-bedAED 1.3M · May 2021

5603, Ocean Heights Tower in numbers

  • Sold once: by DAMAC on 10 April 2011 for AED 1,830,800, or AED 1,150 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 10 April 2011.

Questions about 5603, Ocean Heights Tower

What did unit 5603 last sell for?

AED 1,830,800 on 10 April 2011, sold by the developer: AED 1,150 per sqft for 1,592 sqft. It is the only registered sale of the unit.

How big is unit 5603?

1,592 sqft (147.9 sqm): a two-bedroom apartment on the 56th floor of a 80-storey tower completed in 2010.

What is unit 5603 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 5603, Ocean Heights Tower

Starts from the last sale price (AED 1.83M, 10 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,830,800
Deposit, UAE resident (20%)
AED 366,160
Deposit, non-resident (40%)
AED 732,320
Monthly over 25 years at 3.7%
AED 7,490

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →