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5-bed · 11,270 sqftOcean Heights Tower, Dubai Marina · 74th floor · completed 2010

7401, Ocean Heights Tower

Sold prices and rental history: sold once, by the developer in February 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7401 · DLD and Ejari recordsUpdated 28 February 2012
Last soldAED 25.55M28 February 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7401, Ocean Heights Tower

What is 7401 worth today?

Last sold for AED 25,550,000 in 2012

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28 Feb 2012Sold by developerReady
AED 25,550,000AED 2,267 per sqft

Source: Dubai Land Department. Updated 28 February 2012.

Key facts

Type
5-bed apartment
Size
11,270 sqft
Floor
74th of 80
Parking
P1-75, P1-76
Developer
DAMAC
Completed
2010
Service charge
AED 183,900 /yr
Last sold
AED 25.55M · February 2012
Building
Ocean Heights Tower

About 7401, Ocean Heights Tower

7401 is a five-bedroom apartment of 11,270 sqft on the 74th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. The developer sold it on 28 February 2012 for AED 25,550,000, or AED 2,267 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 7401 over time

Rents
Unit 7401, each contractTypical five-bed in Ocean Heights Tower
250K500K750K20212022202320242025Typical rent by year: 2021 AED 230,000; 2024 AED 684,819

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the building.

5-beds in Ocean Heights Tower, and where 7401 sits

All 4 5-beds →

Over the last 12 months five-beds sold for AED 6,859,821, around AED 1,525 per sqft, and rent for AED 1,100,000 to 1,100,000 a year.

Recent 5-bed salesUnit no.Price (AED)Summary
9 Mar 20266,859,821
27 Aug 201510,165,480
1 Oct 201318,500,000
26 Feb 20124,923,200
1 5-bed sale 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 →

7401, Ocean Heights Tower in numbers

  • Sold once: by DAMAC on 28 February 2012 for AED 25,550,000, or AED 2,267 per sqft.
  • Five-beds in Ocean Heights Tower sold for AED 6,859,821–6,859,821 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 28 February 2012.

Questions about 7401, Ocean Heights Tower

What did unit 7401 last sell for?

AED 25,550,000 on 28 February 2012, sold by the developer: AED 2,267 per sqft for 11,270 sqft. It is the only registered sale of the unit.

How big is unit 7401?

11,270 sqft (1047.0 sqm): a five-bedroom apartment on the 74th floor of a 80-storey tower completed in 2010.

What is unit 7401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Ocean Heights Tower sold for AED 6,859,821 to 6,859,821 in the last 12 months, around AED 1,525 per sqft.

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Mortgage on 7401, Ocean Heights Tower

Starts from the last sale price (AED 25.55M, 28 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 25,550,000
Deposit, UAE resident (20%)
AED 5,110,000
Deposit, non-resident (40%)
AED 10,220,000
Monthly over 25 years at 3.7%
AED 104,533

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