5802, Ocean Heights Tower
Sold prices and rental history: sold 4 times, last in February 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5802, Ocean Heights Tower
What is 5802 worth today?
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Source: Dubai Land Department. Updated 5 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 58th of 80
- Parking
- P2-38
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 14,800 /yr
- Last sold
- AED 1.5M · February 2017
- Building
- Ocean Heights Tower
About 5802, Ocean Heights Tower
5802 is a one-bedroom apartment of 906 sqft on the 58th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 1 February 2017 for AED 1,500,000, or AED 1,655 per sqft, 20% above the AED 1,380 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 5 November 2023, is AED 75,000 a year: a gross yield of 5.0% on the 2017 price, before the service charge of about AED 14,800 a year.
Sales and rents for 5802 over time
5802 has sold 4 times; 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 5802 sits
All 288 1-beds →5802 last sold in February 2017 at AED 1,655 per sqft, 20% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,380). 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. 5802's AED 75,000 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 58th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5801 | 3-bed | 1,942 sqft | AED 3.04MAED 3,040,000 · May 2024May 2024 | 147,000 /yr | |
| 5803 | 2-bed | 1,586 sqft | AED 2.1MAED 2,100,000 · Jan 2024January 2024 | 150,000 /yr | |
| 5804 | 1-bed | 919 sqft | AED 1.38MAED 1,375,000 · Nov 2013November 2013 | 110,000 /yr | |
| 5805 | 1-bed | 926 sqft | AED 2.53MAED 2,525,400 · Jul 2012July 2012 | 80,000 /yr | |
| 5806 | 2-bed | 1,579 sqft | AED 2.04MAED 2,043,000 · Apr 2011April 2011 | 115,000 /yr | |
| 5807 | 2-bed | 1,402 sqft | AED 2.3MAED 2,300,000 · Dec 2018December 2018 | 200,000 /yr | |
| 5808 | 1-bed | 963 sqft | AED 1.9MAED 1,899,000 · Apr 2012April 2012 |
5802, Ocean Heights Tower in numbers
- Sold 4 times: first on 8 July 2009 for AED 1,679,000, last on 1 February 2017 for AED 1,500,000 (AED 1,655 per sqft).
- Rented since June 2016 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2021 and recovered to AED 75,000 by November 2023.
- At AED 75,000 a year the gross yield on the 2017 price is 5.0%, before a service charge of about AED 14,800 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 5 November 2023.
Questions about 5802, Ocean Heights Tower
What did unit 5802 last sell for?
AED 1,500,000 on 1 February 2017: AED 1,655 per sqft for 906 sqft. The unit has 4 registered sales; the first was AED 1,679,000 in July 2009.
What is the rent for unit 5802?
AED 75,000 a year on the contract renewed on 5 November 2023. The previous contract, from November 2022, was AED 68,000; the unit has been rented since June 2016.
How big is unit 5802?
906 sqft (84.2 sqm): a one-bedroom apartment on the 58th floor of a 80-storey tower completed in 2010.
What is unit 5802 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 5802, Ocean Heights Tower
Starts from the last sale price (AED 1.5M, 1 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →