1-bed · 962 sqftOcean Heights Tower, Dubai Marina · 57th floor · completed 2010

5708, Ocean Heights Tower

Sold prices and rental history: sold twice, last in December 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5708 · DLD and Ejari recordsUpdated 25 December 2011
Last soldAED 1.89M25 December 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5708, Ocean Heights Tower

What is 5708 worth today?

Last sold for AED 1,887,365 in 2011

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25 Dec 2011SoldReady
AED 1,887,365AED 1,961 per sqft
8 Jul 2009Sold by developerOff-plan
AED 1,877,000AED 1,951 per sqft

Source: Dubai Land Department. Updated 25 December 2011.

Key facts

Type
1-bed apartment
Size
962 sqft
Floor
57th of 80
Parking
P2-37
Developer
DAMAC
Completed
2010
Service charge
AED 15,700 /yr
Last sold
AED 1.89M · December 2011

About 5708, Ocean Heights Tower

5708 is a one-bedroom apartment of 962 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 25 December 2011 for AED 1,887,365, or AED 1,961 per sqft, 55% above the AED 1,265 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5708 over time

Sales
Unit 5708, each saleTypical one-bed in Ocean Heights Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,242,000; 2010 AED 1,725,700; 2011 AED 1,211,000; 2012 AED 1,115,184; 2013 AED 1,340,000; 2014 AED 1,560,000; 2015 AED 1,320,000; 2016 AED 1,370,000; 2017 AED 1,300,000; 2018 AED 1,237,500; 2019 AED 928,000; 2020 AED 750,000; 2021 AED 930,000; 2022 AED 1,150,000; 2023 AED 1,300,000; 2024 AED 1,380,000; 2025 AED 1,405,000; 2026 AED 1,625,000Sold by developer, July 2009: AED 1,877,000 (AED 1,951 per sqft)Sold, December 2011: AED 1,887,365 (AED 1,961 per sqft)

5708 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5708, each contractTypical one-bed in Ocean Heights Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 101,535; 2017 AED 95,000; 2018 AED 87,500; 2019 AED 78,579; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 73,500; 2023 AED 89,759; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000

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 5708 sits

All 288 1-beds →

5708 last sold in December 2011 at AED 1,961 per sqft, 55% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,265). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20262,800,000
24 Jul 20261,300,000
14 Jul 20261,253,115
11 Jun 20262,030,000
10 1-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
57013-bedAED 4.14M · Mar 2014
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

5708, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 1,877,000, last on 25 December 2011 for AED 1,887,365 (AED 1,961 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 December 2011.

Questions about 5708, Ocean Heights Tower

What did unit 5708 last sell for?

AED 1,887,365 on 25 December 2011: AED 1,961 per sqft for 962 sqft. The unit has 2 registered sales; the first was AED 1,877,000 in July 2009.

How big is unit 5708?

962 sqft (89.4 sqm): a one-bedroom apartment on the 57th floor of a 80-storey tower completed in 2010.

What is unit 5708 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 5708, Ocean Heights Tower

Starts from the last sale price (AED 1.89M, 25 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,887,365
Deposit, UAE resident (20%)
AED 377,473
Deposit, non-resident (40%)
AED 754,946
Monthly over 25 years at 3.7%
AED 7,722

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