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3-bed · 1,995 sqftOcean Heights Tower, Dubai Marina · 57th floor · completed 2010

5701, Ocean Heights Tower

Sold prices and rental history: sold twice, last in March 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5701 · DLD and Ejari recordsUpdated 20 March 2014
Last soldAED 4.14M20 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5701, Ocean Heights Tower

What is 5701 worth today?

Last sold for AED 4,140,000 in 2014

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20 Mar 2014SoldReady
AED 4,140,000AED 2,075 per sqft
20 Apr 2011Sold by developerReady
AED 2,395,200AED 1,200 per sqft

Source: Dubai Land Department. Updated 20 March 2014.

Key facts

Type
3-bed apartment
Size
1,995 sqft
Floor
57th of 80
Parking
P1-30
Developer
DAMAC
Completed
2010
Service charge
AED 32,600 /yr
Last sold
AED 4.14M · March 2014
Building
Ocean Heights Tower

About 5701, Ocean Heights Tower

5701 is a three-bedroom apartment of 1,995 sqft on the 57th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 20 March 2014 for AED 4,140,000, or AED 2,075 per sqft, 28% above the AED 1,618 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5701 over time

Sales
Unit 5701, each saleTypical three-bed in Ocean Heights Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 3,184,501; 2010 AED 2,307,360; 2011 AED 3,226,000; 2012 AED 2,355,375; 2013 AED 2,800,000; 2014 AED 3,700,000; 2017 AED 2,300,000; 2018 AED 3,050,500; 2020 AED 1,565,000; 2021 AED 2,150,000; 2022 AED 2,050,000; 2023 AED 2,500,000; 2024 AED 2,600,000; 2026 AED 3,000,000Sold by developer, April 2011: AED 2,395,200 (AED 1,200 per sqft)Sold, March 2014: AED 4,140,000 (AED 2,075 per sqft)

5701 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5701, each contractTypical three-bed in Ocean Heights Tower
150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 150,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 187,500; 2017 AED 175,000; 2018 AED 155,000; 2019 AED 137,500; 2020 AED 125,000; 2021 AED 118,500; 2022 AED 145,000; 2023 AED 160,000; 2024 AED 178,997; 2025 AED 190,000; 2026 AED 175,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Ocean Heights Tower, and where 5701 sits

All 72 3-beds →

5701 last sold in March 2014 at AED 2,075 per sqft, 28% above what three-beds in Ocean Heights Tower were fetching at the time (AED 1,618). Over the last 12 months three-beds sold for AED 1,500,000 to 3,938,750, around AED 1,770 per sqft, and rent for AED 150,000 to 246,750 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,800,000
13 Oct 20262,800,000
6 Oct 20261,500,000
1 Oct 20262,741,952
9 3-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 57th floor

All 581 units in Ocean Heights Tower
Value
57021-bedAED 930K · Apr 2021
57032-bedAED 2M · Aug 2024
57041-bedAED 1.11M · Aug 2011
57051-bedAED 1.22M · Apr 2013
57062-bedAED 1M · Nov 2015
57072-bedAED 1.95M · Sep 2012
57081-bedAED 1.89M · Dec 2011

5701, Ocean Heights Tower in numbers

  • Sold twice: first on 20 April 2011 for AED 2,395,200, last on 20 March 2014 for AED 4,140,000 (AED 2,075 per sqft).
  • Three-beds in Ocean Heights Tower sold for AED 1,500,000–3,938,750 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 20 March 2014.

Questions about 5701, Ocean Heights Tower

What did unit 5701 last sell for?

AED 4,140,000 on 20 March 2014: AED 2,075 per sqft for 1,995 sqft. The unit has 2 registered sales; the first was AED 2,395,200 in April 2011.

How big is unit 5701?

1,995 sqft (185.3 sqm): a three-bedroom apartment on the 57th floor of a 80-storey tower completed in 2010.

What is unit 5701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ocean Heights Tower sold for AED 1,500,000 to 3,938,750 in the last 12 months, around AED 1,770 per sqft.

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Mortgage on 5701, Ocean Heights Tower

Starts from the last sale price (AED 4.14M, 20 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,140,000
Deposit, UAE resident (20%)
AED 828,000
Deposit, non-resident (40%)
AED 1,656,000
Monthly over 25 years at 3.7%
AED 16,938

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