2-bed · 1,546 sqftOcean Heights Tower, Dubai Marina · 68th floor · completed 2010

6806, Ocean Heights Tower

Sold prices and rental history: sold 4 times, last in July 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6806 · DLD and Ejari recordsUpdated 20 July 2016
Last soldAED 2.45M20 July 2016
Current rentAED 150K /yr15 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6806, Ocean Heights Tower

What is 6806 worth today?

Last sold for AED 2,450,000 in 2016

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20 Jul 2016SoldReady
AED 2,450,000AED 1,584 per sqft
15 Apr 2015RentedNew contract
AED 150,000/yr12 months · AED 97 per sqft
8 Feb 2015SoldReady
AED 2,200,000AED 1,423 per sqft
10 Dec 2014RentedNew contract
AED 220,000/yr12 months · AED 142 per sqft
22 Aug 2011SoldReady
AED 3,746,694AED 2,423 per sqft
5 Nov 2009Sold by developerOff-plan
AED 6,324,000AED 4,090 per sqft

Source: Dubai Land Department. Updated 20 July 2016.

Key facts

Type
2-bed apartment
Size
1,546 sqft
Floor
68th of 80
Parking
P3-37
Developer
DAMAC
Completed
2010
Service charge
AED 25,200 /yr
Last sold
AED 2.45M · July 2016

About 6806, Ocean Heights Tower

6806 is a two-bedroom apartment of 1,546 sqft on the 68th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 20 July 2016 for AED 2,450,000, or AED 1,584 per sqft, 18% above the AED 1,343 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 15 April 2015, is AED 150,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 25,200 a year.

Sales and rents for 6806 over time

Sales
Unit 6806, each saleTypical two-bed in Ocean Heights Tower
2.5M5M2009201420192024Typical 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, November 2009: AED 6,324,000 (AED 4,090 per sqft)Sold, August 2011: AED 3,746,694 (AED 2,423 per sqft)Sold, February 2015: AED 2,200,000 (AED 1,423 per sqft)Sold, July 2016: AED 2,450,000 (AED 1,584 per sqft)

6806 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6806, each contractTypical two-bed in Ocean Heights Tower
100K200K2012201620202024Typical 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, December 2014: AED 220,000 a yearNew contract, April 2015: AED 150,000 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 6806 sits

All 203 2-beds →

6806 last sold in July 2016 at AED 1,584 per sqft, 18% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,343). 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. 6806's AED 150,000 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 68th floor

All 581 units in Ocean Heights Tower
Value
68011-bedAED 3.24M · Sep 2011
68022-bedAED 4.83M · May 2011
68032-bedAED 2.03M · Apr 2016
68041-bedAED 1.02M · Jul 2011
68051-bedAED 1.3M · Nov 2024
68072-bedAED 2.25M · Jun 2011
68081-bedAED 1.75M · Mar 2023

6806, Ocean Heights Tower in numbers

  • Sold 4 times: first on 5 November 2009 for AED 6,324,000, last on 20 July 2016 for AED 2,450,000 (AED 1,584 per sqft).
  • Rented since December 2014 on 2 Ejari contracts, from AED 220,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 25,200 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 20 July 2016.

Questions about 6806, Ocean Heights Tower

What did unit 6806 last sell for?

AED 2,450,000 on 20 July 2016: AED 1,584 per sqft for 1,546 sqft. The unit has 4 registered sales; the first was AED 6,324,000 in November 2009.

What is the rent for unit 6806?

AED 150,000 a year on the contract signed on 15 April 2015. The previous contract, from December 2014, was AED 220,000.

How big is unit 6806?

1,546 sqft (143.6 sqm): a two-bedroom apartment on the 68th floor of a 80-storey tower completed in 2010.

What is unit 6806 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 6806, Ocean Heights Tower

Starts from the last sale price (AED 2.45M, 20 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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