2-bed · 1,578 sqftOcean Heights Tower, Dubai Marina · 59th floor · completed 2010

5906, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5906 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 2.4M3 October 2024
Current rentAED 101K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5906, Ocean Heights Tower

What is 5906 worth today?

Last sold for AED 2,400,000 in 2024

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3 Oct 2024SoldReady
AED 2,400,000AED 1,520 per sqft
15 May 2023RentedRenewal
AED 100,800/yr12 months · AED 64 per sqft
15 May 2022RentedRenewal
AED 96,000/yr12 months · AED 61 per sqft
7 May 2021RentedRenewal
AED 92,000/yr12 months · AED 58 per sqft
7 May 2020RentedNew contract
AED 92,000/yr12 months · AED 58 per sqft
23 Apr 2019RentedRenewal
AED 140,000/yr12 months · AED 88 per sqft
23 Apr 2018RentedRenewal
AED 150,000/yr12 months · AED 95 per sqft
23 Apr 2017RentedRenewal
AED 150,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
59th of 80
Parking
P3-22
Developer
DAMAC
Completed
2010
Service charge
AED 25,800 /yr
Last sold
AED 2.4M · October 2024

About 5906, Ocean Heights Tower

5906 is a two-bedroom apartment of 1,578 sqft on the 59th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 3 October 2024 for AED 2,400,000, or AED 1,520 per sqft, 11% above the AED 1,369 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 May 2023, is AED 100,800 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 25,800 a year.

Sales and rents for 5906 over time

Sales
Unit 5906, 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, July 2009: AED 2,048,000 (AED 1,297 per sqft)Sold, May 2011: AED 2,048,000 (AED 1,297 per sqft)Sold, October 2024: AED 2,400,000 (AED 1,520 per sqft)

5906 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5906, 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 130,000New contract, February 2013: AED 140,000 a yearNew contract, February 2014: AED 140,000 a yearNew contract, April 2016: AED 165,000 a yearRenewal, April 2017: AED 150,000 a yearRenewal, April 2018: AED 150,000 a yearRenewal, April 2019: AED 140,000 a yearNew contract, May 2020: AED 92,000 a yearRenewal, May 2021: AED 92,000 a yearRenewal, May 2022: AED 96,000 a yearRenewal, May 2023: AED 100,800 a year

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 5906 sits

All 203 2-beds →

5906 last sold in October 2024 at AED 1,520 per sqft, 11% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,369). 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. 5906's AED 100,800 is in the lower half of that range.

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 59th floor

All 581 units in Ocean Heights Tower
Value
59013-bedAED 3.94M · Feb 2026
59021-bedAED 1.68M · May 2011
59032-bedAED 2.89M · Sep 2014
59041-bedAED 1.11M · Aug 2011
59051-bedAED 1.5M · Jan 2014
59072-bedAED 2.77M · Oct 2013
59081-bedAED 1.85M · Aug 2024

5906, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 2,048,000, last on 3 October 2024 for AED 2,400,000 (AED 1,520 per sqft).
  • Rented since February 2013 on 10 Ejari contracts, from AED 140,000 to AED 100,800 a year.
  • At AED 100,800 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 25,800 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 3 October 2024.

Questions about 5906, Ocean Heights Tower

What did unit 5906 last sell for?

AED 2,400,000 on 3 October 2024: AED 1,520 per sqft for 1,578 sqft. The unit has 3 registered sales; the first was AED 2,048,000 in July 2009.

What is the rent for unit 5906?

AED 100,800 a year on the contract renewed on 15 May 2023. The previous contract, from May 2022, was AED 96,000; the unit has been rented since February 2013.

How big is unit 5906?

1,578 sqft (146.6 sqm): a two-bedroom apartment on the 59th floor of a 80-storey tower completed in 2010.

What is unit 5906 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 5906, Ocean Heights Tower

Starts from the last sale price (AED 2.4M, 3 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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