1-bed · 907 sqftOcean Heights Tower, Dubai Marina · 63rd floor · completed 2010

6302, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6302 · DLD and Ejari recordsUpdated 5 January 2023
Last soldAED 1.45M5 January 2023
Current rentAED 74K /yr10 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6302, Ocean Heights Tower

What is 6302 worth today?

Last sold for AED 1,450,000 in 2023

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5 Jan 2023SoldReady
AED 1,450,000AED 1,598 per sqft
10 Oct 2022RentedNew contract
AED 73,500/yr12 months · AED 81 per sqft
29 Nov 2021SoldReady
AED 1,150,000AED 1,267 per sqft
10 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
15 Feb 2020RentedRenewal
AED 75,000/yr12 months · AED 83 per sqft
15 Feb 2019RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
9 Oct 2016RentedNew contract
AED 100,000/yr12 months · AED 111 per sqft
30 Apr 2015RentedNew contract
AED 98,925/yr11 months · AED 109 per sqft

Source: Dubai Land Department. Updated 5 January 2023.

Key facts

Type
1-bed apartment
Size
907 sqft
Floor
63rd of 80
Parking
G4
Developer
DAMAC
Completed
2010
Service charge
AED 14,800 /yr
Last sold
AED 1.45M · January 2023

About 6302, Ocean Heights Tower

6302 is a one-bedroom apartment of 907 sqft on the 63rd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 5 January 2023 for AED 1,450,000, or AED 1,598 per sqft, 39% above the AED 1,152 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 10 October 2022, is AED 73,500 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 14,800 a year.

Sales and rents for 6302 over time

Sales
Unit 6302, each saleTypical one-bed in Ocean Heights Tower
1M1.5M2009201420192024Typical 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, October 2011: AED 1,451,200 (AED 1,600 per sqft)Sold, November 2021: AED 1,150,000 (AED 1,267 per sqft)Sold, January 2023: AED 1,450,000 (AED 1,598 per sqft)

6302 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6302, each contractTypical one-bed in Ocean Heights Tower
60K80K100K2012201620202024Typical 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, April 2014: AED 84,000 a yearNew contract, April 2015: AED 98,925 a yearNew contract, October 2016: AED 100,000 a yearNew contract, February 2019: AED 75,000 a yearRenewal, February 2020: AED 75,000 a yearNew contract, October 2021: AED 70,000 a yearNew contract, October 2022: AED 73,500 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 6302 sits

All 288 1-beds →

6302 last sold in January 2023 at AED 1,598 per sqft, 39% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,152). 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. 6302's AED 73,500 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 63rd floor

All 581 units in Ocean Heights Tower
Value
63013-bedAED 3.99M · Sep 2011
63032-bedAED 3.14M · Mar 2014
63041-bedAED 1.45M · Apr 2024
63051-bedAED 1.2M · Aug 2022
63062-bedAED 2.18M · Apr 2018
63072-bedAED 2.48M · Mar 2023
63081-bedAED 1.88M · Mar 2026

6302, Ocean Heights Tower in numbers

  • Sold 3 times: first on 18 October 2011 for AED 1,451,200, last on 5 January 2023 for AED 1,450,000 (AED 1,598 per sqft).
  • Rented since April 2014 on 7 Ejari contracts, from AED 84,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 14,800 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 5 January 2023.

Questions about 6302, Ocean Heights Tower

What did unit 6302 last sell for?

AED 1,450,000 on 5 January 2023: AED 1,598 per sqft for 907 sqft. The unit has 3 registered sales; the first was AED 1,451,200 in October 2011.

What is the rent for unit 6302?

AED 73,500 a year on the contract signed on 10 October 2022. The previous contract, from October 2021, was AED 70,000; the unit has been rented since April 2014.

How big is unit 6302?

907 sqft (84.3 sqm): a one-bedroom apartment on the 63rd floor of a 80-storey tower completed in 2010.

What is unit 6302 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 6302, Ocean Heights Tower

Starts from the last sale price (AED 1.45M, 5 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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