2-bed · 1,581 sqftOcean Heights Tower, Dubai Marina · 60th floor · completed 2010

6003, Ocean Heights Tower

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6003 · DLD and Ejari recordsUpdated 22 March 2022
Last soldAED 1.8M22 March 2022
Current rentAED 110K /yr1 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6003, Ocean Heights Tower

What is 6003 worth today?

Last sold for AED 1,800,000 in 2022

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22 Mar 2022SoldReady
AED 1,800,000AED 1,138 per sqft
1 Nov 2019RentedRenewal
AED 110,000/yr12 months · AED 70 per sqft
1 Nov 2018RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
1 Dec 2016RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
1 Feb 2015RentedRenewal
AED 160,000/yr12 months · AED 101 per sqft
1 Feb 2014RentedNew contract
AED 148,000/yr12 months · AED 94 per sqft
1 Feb 2013RentedNew contract
AED 135,000/yr12 months · AED 85 per sqft
1 Feb 2012Sold by developerReady
AED 2,213,400AED 1,399 per sqft

Source: Dubai Land Department. Updated 22 March 2022.

Key facts

Type
2-bed apartment
Size
1,581 sqft
Floor
60th of 80
Parking
P3-74
Developer
DAMAC
Completed
2010
Service charge
AED 25,800 /yr
Last sold
AED 1.8M · March 2022

About 6003, Ocean Heights Tower

6003 is a two-bedroom apartment of 1,581 sqft on the 60th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 22 March 2022 for AED 1,800,000, or AED 1,138 per sqft, 15% above the AED 990 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 November 2019, is AED 110,000 a year: a gross yield of 6.1% on the 2022 price, before the service charge of about AED 25,800 a year.

Sales and rents for 6003 over time

Sales
Unit 6003, 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, February 2012: AED 2,213,400 (AED 1,399 per sqft)Sold, March 2022: AED 1,800,000 (AED 1,138 per sqft)

6003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6003, 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 135,000 a yearNew contract, February 2014: AED 148,000 a yearRenewal, February 2015: AED 160,000 a yearNew contract, December 2016: AED 140,000 a yearNew contract, November 2018: AED 120,000 a yearRenewal, November 2019: AED 110,000 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 6003 sits

All 203 2-beds →

6003 last sold in March 2022 at AED 1,138 per sqft, 15% above what two-beds in Ocean Heights Tower were fetching at the time (AED 990). 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. 6003's AED 110,000 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 60th floor

All 581 units in Ocean Heights Tower
Value
60013-bedAED 4.04M · May 2011
60021-bedAED 1.1M · Feb 2019
60041-bedAED 1.11M · Apr 2011
60051-bedAED 648K · Sep 2020
60062-bedAED 1.11M · Jun 2017
60072-bedAED 2.5M · Jan 2024
60081-bedAED 1.2M · Apr 2019

6003, Ocean Heights Tower in numbers

  • Sold twice: first on 1 February 2012 for AED 2,213,400, last on 22 March 2022 for AED 1,800,000 (AED 1,138 per sqft).
  • Rented since February 2013 on 6 Ejari contracts, from AED 135,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 6.1%, 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 22 March 2022.

Questions about 6003, Ocean Heights Tower

What did unit 6003 last sell for?

AED 1,800,000 on 22 March 2022: AED 1,138 per sqft for 1,581 sqft. The unit has 2 registered sales; the first was AED 2,213,400 in February 2012.

What is the rent for unit 6003?

AED 110,000 a year on the contract renewed on 1 November 2019. The previous contract, from November 2018, was AED 120,000; the unit has been rented since February 2013.

How big is unit 6003?

1,581 sqft (146.9 sqm): a two-bedroom apartment on the 60th floor of a 80-storey tower completed in 2010.

What is unit 6003 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 6003, Ocean Heights Tower

Starts from the last sale price (AED 1.8M, 22 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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