5703, Ocean Heights Tower
Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5703, Ocean Heights Tower
What is 5703 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,590 sqft
- Floor
- 57th of 80
- Parking
- P3-15
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 2M · August 2024
- Building
- Ocean Heights Tower
About 5703, Ocean Heights Tower
5703 is a two-bedroom apartment of 1,590 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 8 August 2024 for AED 2,000,000, or AED 1,257 per sqft, 8% below the AED 1,365 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 August 2026, is AED 150,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 25,900 a year.
Sales and rents for 5703 over time
5703 has sold 4 times; 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 5703 sits
All 203 2-beds →5703 last sold in August 2024 at AED 1,257 per sqft, 8% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,365). 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. 5703's AED 150,000 is in the upper 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 57th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5701 | 3-bed | 1,995 sqft | AED 4.14MAED 4,140,000 · Mar 2014March 2014 | ||
| 5702 | 1-bed | 908 sqft | AED 930KAED 930,000 · Apr 2021April 2021 | 86,940 /yr | |
| 5704 | 1-bed | 919 sqft | AED 1.11MAED 1,109,000 · Aug 2011August 2011 | 109,300 /yr | |
| 5705 | 1-bed | 926 sqft | AED 1.22MAED 1,220,000 · Apr 2013April 2013 | 90,000 /yr | |
| 5706 | 2-bed | 790 sqft | AED 1MAED 1,000,000 · Nov 2015November 2015 | 120,000 /yr | |
| 5707 | 2-bed | 1,385 sqft | AED 1.95MAED 1,950,000 · Sep 2012September 2012 | 150,000 /yr | |
| 5708 | 1-bed | 962 sqft | AED 1.89MAED 1,887,365 · Dec 2011December 2011 |
5703, Ocean Heights Tower in numbers
- Sold 4 times: first on 8 July 2009 for AED 3,552,000, last on 8 August 2024 for AED 2,000,000 (AED 1,257 per sqft).
- Rented since December 2014 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 60,000 in 2020 and recovered to AED 150,000 by August 2026.
- At AED 150,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 25,900 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 15 August 2026.
Questions about 5703, Ocean Heights Tower
What did unit 5703 last sell for?
AED 2,000,000 on 8 August 2024: AED 1,257 per sqft for 1,590 sqft. The unit has 4 registered sales; the first was AED 3,552,000 in July 2009.
What is the rent for unit 5703?
AED 150,000 a year on the contract signed on 15 August 2026. The previous contract, from August 2025, was AED 165,000; the unit has been rented since December 2014.
How big is unit 5703?
1,590 sqft (147.7 sqm): a two-bedroom apartment on the 57th floor of a 80-storey tower completed in 2010.
What is unit 5703 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 5703, Ocean Heights Tower
Starts from the last sale price (AED 2M, 8 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →