1-bed · 912 sqftOcean Heights Tower, Dubai Marina · 62nd floor · completed 2010

6202, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in March 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6202 · DLD and Ejari recordsUpdated 20 October 2019
Last soldAED 1.66M4 March 2014
Current rentAED 73K /yr20 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6202, Ocean Heights Tower

What is 6202 worth today?

Last sold for AED 1,655,000 in 2014

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20 Oct 2019RentedNew contract
AED 73,000/yr12 months · AED 80 per sqft
7 Jul 2014RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft
4 Mar 2014SoldReady
AED 1,655,000AED 1,814 per sqft
8 Jul 2013RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
13 Jul 2011SoldReady
AED 609,500AED 668 per sqft
13 Jul 2009Sold by developerOff-plan
AED 609,500AED 668 per sqft

Source: Dubai Land Department. Updated 20 October 2019.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
62nd of 80
Parking
P2-52
Developer
DAMAC
Completed
2010
Service charge
AED 14,900 /yr
Last sold
AED 1.66M · March 2014

About 6202, Ocean Heights Tower

6202 is a one-bedroom apartment of 912 sqft on the 62nd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 4 March 2014 for AED 1,655,000, or AED 1,814 per sqft, 25% above the AED 1,448 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 20 October 2019, is AED 73,000 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 14,900 a year.

Sales and rents for 6202 over time

Sales
Unit 6202, each saleTypical one-bed in Ocean Heights Tower
1M2009201420192024Typical sale price by year: 2009 AED 1,242,000; 2010 AED 1,725,700; 2011 AED 1,211,000; 2012 AED 1,115,184; 2013 AED 1,340,000; 2014 AED 1,560,000; 2015 AED 1,320,000; 2016 AED 1,370,000; 2017 AED 1,300,000; 2018 AED 1,237,500; 2019 AED 928,000; 2020 AED 750,000; 2021 AED 930,000; 2022 AED 1,150,000; 2023 AED 1,300,000; 2024 AED 1,380,000; 2025 AED 1,405,000; 2026 AED 1,625,000Sold by developer, July 2009: AED 609,500 (AED 668 per sqft)Sold, July 2011: AED 609,500 (AED 668 per sqft)Sold, March 2014: AED 1,655,000 (AED 1,814 per sqft)

6202 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6202, each contractTypical one-bed in Ocean Heights Tower
75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 101,535; 2017 AED 95,000; 2018 AED 87,500; 2019 AED 78,579; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 73,500; 2023 AED 89,759; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, July 2013: AED 90,000 a yearNew contract, July 2014: AED 110,000 a yearNew contract, October 2019: AED 73,000 a year

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 6202 sits

All 288 1-beds →

6202 last sold in March 2014 at AED 1,814 per sqft, 25% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,448). 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. 6202's AED 73,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20262,800,000
24 Jul 20261,300,000
14 Jul 20261,253,115
11 Jun 20262,030,000
10 1-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 62nd floor

All 581 units in Ocean Heights Tower
Value
62013-bedAED 2.9M · Mar 2013
62032-bedAED 2.94M · Apr 2011
62041-bedAED 1.91M · Sep 2011
62051-bedAED 1.4M · Oct 2016
62062-bedAED 2.55M · Nov 2025
62072-bedAED 1.45M · Dec 2023
62081-bedAED 1.43M · May 2012

6202, Ocean Heights Tower in numbers

  • Sold 3 times: first on 13 July 2009 for AED 609,500, last on 4 March 2014 for AED 1,655,000 (AED 1,814 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, from AED 90,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 14,900 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 20 October 2019.

Questions about 6202, Ocean Heights Tower

What did unit 6202 last sell for?

AED 1,655,000 on 4 March 2014: AED 1,814 per sqft for 912 sqft. The unit has 3 registered sales; the first was AED 609,500 in July 2009.

What is the rent for unit 6202?

AED 73,000 a year on the contract signed on 20 October 2019. The previous contract, from July 2014, was AED 110,000; the unit has been rented since July 2013.

How big is unit 6202?

912 sqft (84.7 sqm): a one-bedroom apartment on the 62nd floor of a 80-storey tower completed in 2010.

What is unit 6202 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 6202, Ocean Heights Tower

Starts from the last sale price (AED 1.66M, 4 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,655,000
Deposit, UAE resident (20%)
AED 331,000
Deposit, non-resident (40%)
AED 662,000
Monthly over 25 years at 3.7%
AED 6,771

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