PropertyIndex

Ocean Heights

Completed · Q4 2010|585 units · 1 tower

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Ocean Heights is a completed apartment development by DAMAC PROPERTIES CO (L.L.C) in Dubai Marina, Marsa Dubai, comprising 585 registered units. 1,749 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,646 per sqft. At AED 1,646 per sqft, Ocean Heights prices 35% below the Dubai Marina average of AED 2,539 per sqft on registered sales.

PIX© price · 14.0% YoY
2.40MAED
Typical
1,646AED
PSF
Gross yield
4.8%
PIX© rent ÷ PIX© price
Sale records
1,749
DLD · all time
Rent contracts
4,352
Ejari · all time
Ocean Heights

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
826 – 11,270 sqft
5852.40M1,64614.0%116K4.8%
Residential
Studio · Apartment
3,835 sqft
1
1 Bed · Apartment
826 – 1,972 sqft
288
2 Bed · Apartment
935 – 3,578 sqft
205
3 Bed · Apartment
1,518 – 2,678 sqft
72
4 Bed · Apartment
2,332 – 4,963 sqft
14
5 Bed · Apartment
4,498 – 11,270 sqft
4
Penthouse · Apartment
3,835 sqft
Villa (Bedrooms Unknown)
37,410 sqft
Commercial
Shop
7,152 sqft
1
Sales — Project-Wide1,749 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 84 sales
Floors 5-25 · 32 sales
Floors 26-80 · 52 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
4 Aug 20261 BedFloor 721,4222,800,0001,969+46.6%PremiumStandard Sale
31 Jul 20262 BedFloor 211,1971,700,0001,420-15.0%StandardStandard Sale
29 Jul 20263 BedFloor 481,6763,000,0001,790+30.4%StandardStandard Sale
Rentals — Project-Wide4,352 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20261 Bed92792,00099Standardnew
26 Aug 20262 Bed1,27590,00071Entry Levelnew
20 Aug 20262 Bed1,565135,00086Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Marina

The closest-priced registered projects in Dubai Marina.

Common questions about Ocean Heights

Answered from Dubai Land Department registered transactions.

How much does a property in Ocean Heights cost?

Property in Ocean Heights sells at a current PIX© price of AED 1,646 per sqft, or about AED 2,401,513 for a typical unit, based on 1,749 sales registered with the Dubai Land Department.

Is Ocean Heights completed?

Yes. Ocean Heights is recorded as completed in the Dubai Land Department project register (completed q4 2010).

Who is the developer of Ocean Heights?

Ocean Heights is developed by DAMAC PROPERTIES CO (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Ocean Heights?

Ocean Heights yields 4.8% gross, calculated from current PIX© rent against current PIX© sale price, across 4,352 registered Ejari contracts.

How many units are in Ocean Heights?

Ocean Heights holds 585 registered units, per the Dubai Land Department unit register.

Have prices in Ocean Heights gone up or down?

Price per sqft has risen +14.0% over the last 12 months, to AED 1,646, across 1,749 registered sales.