2-bed · 1,842 sqftOcean Heights Tower, Dubai Marina · 6th floor · completed 2010

601, Ocean Heights Tower

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 2.05M11 July 2023
Current rentAED 155K /yr7 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Ocean Heights Tower

What is 601 worth today?

Last sold for AED 2,050,000 in 2023

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7 May 2024RentedRenewal
AED 155,000/yr12 months · AED 84 per sqft
7 May 2024RentedRenewal
AED 155,000/yr12 months · AED 84 per sqft
11 Jul 2023SoldReady
AED 2,050,000AED 1,112 per sqft
7 May 2023RentedNew contract
AED 155,000/yr12 months · AED 84 per sqft
1 May 2022RentedNew contract
AED 130,000/yr12 months · AED 71 per sqft
19 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 49 per sqft
14 Feb 2020RentedNew contract
AED 120,000/yr12 months · AED 65 per sqft
19 Sep 2019RentedRenewal
AED 152,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 7 May 2024.

Key facts

Type
2-bed apartment
Size
1,842 sqft
Floor
6th of 80
Parking
B2-76
Developer
DAMAC
Completed
2010
Service charge
AED 30,100 /yr
Last sold
AED 2.05M · July 2023

About 601, Ocean Heights Tower

601 is a two-bedroom apartment of 1,842 sqft on the 6th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 11 July 2023 for AED 2,050,000, or AED 1,112 per sqft, 15% below the AED 1,313 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 7 May 2024, is AED 155,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 30,100 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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 2,714,000 (AED 1,473 per sqft)Sold, May 2011: AED 2,714,000 (AED 1,473 per sqft)Sold, July 2017: AED 2,300,000 (AED 1,248 per sqft)Sold, July 2023: AED 2,050,000 (AED 1,112 per sqft)

601 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 601, 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, May 2013: AED 130,000 a yearNew contract, September 2013: AED 130,000 a yearNew contract, April 2016: AED 175,000 a yearNew contract, September 2017: AED 167,000 a yearRenewal, September 2018: AED 167,000 a yearRenewal, September 2019: AED 152,000 a yearNew contract, February 2020: AED 120,000 a yearNew contract, February 2021: AED 90,000 a yearNew contract, May 2022: AED 130,000 a yearNew contract, May 2023: AED 155,000 a yearRenewal, May 2024: AED 155,000 a yearRenewal, May 2024: AED 155,000 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 601 sits

All 203 2-beds →

601 last sold in July 2023 at AED 1,112 per sqft, 15% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,313). 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. 601's AED 155,000 is in the upper 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 6th floor

All 581 units in Ocean Heights Tower
Value
6021-bedAED 1.38M · Apr 2025
6031-bedAED 1.36M · Aug 2011
6041-bedAED 1.28M · Dec 2015
6051-bedAED 1.12M · Apr 2024
6061-bedAED 1.93M · Feb 2015
6072-bedAED 1M · Aug 2024
6082-bedAED 1.68M · Oct 2011
1–7 of 9

601, Ocean Heights Tower in numbers

  • Sold 4 times: first on 8 July 2009 for AED 2,714,000, last on 11 July 2023 for AED 2,050,000 (AED 1,112 per sqft).
  • Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2021 and recovered to AED 155,000 by May 2024.
  • At AED 155,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 30,100 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 7 May 2024.

Questions about 601, Ocean Heights Tower

What did unit 601 last sell for?

AED 2,050,000 on 11 July 2023: AED 1,112 per sqft for 1,842 sqft. The unit has 4 registered sales; the first was AED 2,714,000 in July 2009.

What is the rent for unit 601?

AED 155,000 a year on the contract renewed on 7 May 2024. The previous contract, from May 2024, was AED 155,000; the unit has been rented since May 2013.

How big is unit 601?

1,842 sqft (171.1 sqm): a two-bedroom apartment on the 6th floor of a 80-storey tower completed in 2010.

What is unit 601 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 601, Ocean Heights Tower

Starts from the last sale price (AED 2.05M, 11 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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