1-bed · 926 sqftOcean Heights Tower, Dubai Marina · 63rd floor · completed 2010

6305, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6305 · DLD and Ejari recordsUpdated 3 August 2022
Last soldAED 1.2M3 August 2022
Current rentAED 65K /yr10 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6305, Ocean Heights Tower

What is 6305 worth today?

Last sold for AED 1,200,000 in 2022

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3 Aug 2022SoldReady
AED 1,200,000AED 1,295 per sqft
10 Jun 2022RentedRenewal
AED 65,000/yr12 months · AED 70 per sqft
10 Jun 2021RentedRenewal
AED 65,000/yr12 months · AED 70 per sqft
10 Jun 2020RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
5 Jul 2018RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
26 May 2011SoldReady
AED 1,183,000AED 1,277 per sqft
8 Jul 2009Sold by developerOff-plan
AED 1,183,000AED 1,277 per sqft

Source: Dubai Land Department. Updated 3 August 2022.

Key facts

Type
1-bed apartment
Size
926 sqft
Floor
63rd of 80
Parking
P2-56
Developer
DAMAC
Completed
2010
Service charge
AED 15,100 /yr
Last sold
AED 1.2M · August 2022

About 6305, Ocean Heights Tower

6305 is a one-bedroom apartment of 926 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 3 August 2022 for AED 1,200,000, or AED 1,295 per sqft, 19% above the AED 1,086 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 10 June 2022, is AED 65,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 15,100 a year.

Sales and rents for 6305 over time

Sales
Unit 6305, 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, July 2009: AED 1,183,000 (AED 1,277 per sqft)Sold, May 2011: AED 1,183,000 (AED 1,277 per sqft)Sold, August 2022: AED 1,200,000 (AED 1,295 per sqft)

6305 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6305, 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, July 2018: AED 90,000 a yearNew contract, June 2020: AED 65,000 a yearRenewal, June 2021: AED 65,000 a yearRenewal, June 2022: AED 65,000 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 6305 sits

All 288 1-beds →

6305 last sold in August 2022 at AED 1,295 per sqft, 19% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,086). 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. 6305's AED 65,000 is at the bottom 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
63021-bedAED 1.45M · Jan 2023
63032-bedAED 3.14M · Mar 2014
63041-bedAED 1.45M · Apr 2024
63062-bedAED 2.18M · Apr 2018
63072-bedAED 2.48M · Mar 2023
63081-bedAED 1.88M · Mar 2026

6305, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,183,000, last on 3 August 2022 for AED 1,200,000 (AED 1,295 per sqft).
  • Rented since July 2018 on 4 Ejari contracts, from AED 90,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 15,100 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 3 August 2022.

Questions about 6305, Ocean Heights Tower

What did unit 6305 last sell for?

AED 1,200,000 on 3 August 2022: AED 1,295 per sqft for 926 sqft. The unit has 3 registered sales; the first was AED 1,183,000 in July 2009.

What is the rent for unit 6305?

AED 65,000 a year on the contract renewed on 10 June 2022. The previous contract, from June 2021, was AED 65,000; the unit has been rented since July 2018.

How big is unit 6305?

926 sqft (86.0 sqm): a one-bedroom apartment on the 63rd floor of a 80-storey tower completed in 2010.

What is unit 6305 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 6305, Ocean Heights Tower

Starts from the last sale price (AED 1.2M, 3 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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