2-bed · 1,422 sqftOcean Heights Tower, Dubai Marina · 59th floor · completed 2010

5907, Ocean Heights Tower

Sold prices and rental history: sold once, by the developer in October 2013, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5907 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 2.77M1 October 2013
Current rentAED 126K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5907, Ocean Heights Tower

What is 5907 worth today?

Last sold for AED 2,772,900 in 2013

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20 Sep 2023RentedRenewal
AED 126,000/yr12 months · AED 89 per sqft
20 Sep 2022RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
1 Oct 2013Sold by developerReady
AED 2,772,900AED 1,949 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

Key facts

Type
2-bed apartment
Size
1,422 sqft
Floor
59th of 80
Parking
nan
Developer
DAMAC
Completed
2010
Service charge
AED 23,200 /yr
Last sold
AED 2.77M · October 2013

About 5907, Ocean Heights Tower

5907 is a two-bedroom apartment of 1,422 sqft on the 59th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. The developer sold it on 1 October 2013 for AED 2,772,900, or AED 1,949 per sqft, 32% above the AED 1,474 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 20 September 2023, is AED 126,000 a year: a gross yield of 4.5% on the 2013 price, before the service charge of about AED 23,200 a year.

Sales and rents for 5907 over time

Sales
Unit 5907, 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, October 2013: AED 2,772,900 (AED 1,949 per sqft)

5907 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5907, 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, September 2022: AED 120,000 a yearRenewal, September 2023: AED 126,000 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 5907 sits

All 203 2-beds →

5907 last sold in October 2013 at AED 1,949 per sqft, 32% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,474). 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. 5907's AED 126,000 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
59062-bedAED 2.4M · Oct 2024
59081-bedAED 1.85M · Aug 2024

5907, Ocean Heights Tower in numbers

  • Sold once: by DAMAC on 1 October 2013 for AED 2,772,900, or AED 1,949 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 120,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2013 price is 4.5%, before a service charge of about AED 23,200 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 20 September 2023.

Questions about 5907, Ocean Heights Tower

What did unit 5907 last sell for?

AED 2,772,900 on 1 October 2013, sold by the developer: AED 1,949 per sqft for 1,422 sqft. It is the only registered sale of the unit.

What is the rent for unit 5907?

AED 126,000 a year on the contract renewed on 20 September 2023. The previous contract, from September 2022, was AED 120,000.

How big is unit 5907?

1,422 sqft (132.1 sqm): a two-bedroom apartment on the 59th floor of a 80-storey tower completed in 2010.

What is unit 5907 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 5907, Ocean Heights Tower

Starts from the last sale price (AED 2.77M, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,772,900
Deposit, UAE resident (20%)
AED 554,580
Deposit, non-resident (40%)
AED 1,109,160
Monthly over 25 years at 3.7%
AED 11,345

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