OCEAN HEIGHTS
MatureDeveloperDAMAC PROPERTIES CO (L.L.C)
CommunityDubai Marina
AreaMarsa Dubai
Started
19 years 10 months ago01-03-2006
Handover
15 years 3 months ago20-10-2010
Status
CompleteFinished
Project Description
Freehold residential tower development in the Dubai Marina. It is designed and constructed as 3B+G+4P+78. The tower is designed to be built out of concrete structure and block with internal and external finishes.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+8%
GrowthCurrent:AED 1,625/sqft
Last 12M:AED 1,507/sqft
Momentum: Last 12Mvs Prior Year
Stable+2%
GrowthLast 12M:AED 1,507/sqft
Prior Year:AED 1,481/sqft
Community Compare: Last 90DDubai Marina
Discount-6%
Below AvgProject:AED 1,625/sqft
Community:AED 1,731/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
40Sold (Last 12M)
Supply & Demand Matrix
OCEAN HEIGHTS averaged 7% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
288 units
19 sold269 left
7%
Velocity
2 Bedrooms
205 units
19 sold186 left
9%
Velocity
3 Bedrooms
72 units
2 sold70 left
3%
Velocity
4 Bedrooms
14 units
0 sold14 left
0%
Velocity
5 Bedrooms
4 units
0 sold4 left
0%
Velocity
PENTHOUSE
1 units
0 sold1 left
0%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (585)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Flat | Inventory 0units | Size Range 3,835-3,863sqft | Price Range AED 7.0M - AED 9.5M | Avg PSF 2,250 | Sales 2 | Trend — | |
Asset Class 1 Bed FlatFloors 5-77 | Inventory 288units 181 layouts · Typically 0.9 parking 6-32 sqm balcony | Size Range 11-1,972sqft | Price Range AED 100K - AED 3.8M | Avg PSF 1,348 | Sales 575 | Trend — | |
Asset Class 2 Bed FlatFloors 5-77 | Inventory 205units 205 layouts · Typically 0.9 parking 6-180 sqm balcony | Size Range 628-5,910sqft | Price Range AED 700K - AED 6.5M | Avg PSF 1,484 | Sales 378 | Trend — | |
Asset Class 3 Bed FlatFloors 5-75 | Inventory 72units 72 layouts · Typically 1 parking 7-101 sqm balcony | Size Range 17-2,678sqft | Price Range AED 1.0M - AED 7.0M | Avg PSF 1,517 | Sales 136 | Trend — | |
Asset Class 4 Bed FlatFloors 35-80 | Inventory 14units 14 layouts · Typically 0.9 parking 4-102 sqm balcony | Size Range 2,281-4,963sqft | Price Range AED 2.0M - AED 14.5M | Avg PSF 1,781 | Sales 19 | Trend — | |
Asset Class 5 Bed FlatFloors 67-80 | Inventory 4units 4 layouts · Typically 1 parking 18-122 sqm balcony | Size Range 2,896-11,270sqft | Price Range AED 25.6M - AED 25.6M | Avg PSF 1,339 | Sales 1 | Trend — | |
Asset Class 22 Bed FlatFloor 80 | Inventory 1units Typically 1 parking ~48 sqm balcony | Size Range 3,835-3,835sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 37,410-37,410sqft | Price Range — | Avg PSF 3,475 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 1 parking | Size Range 7,152-7,152sqft | Price Range AED 4.3M - AED 4.3M | Avg PSF 600 | Sales 1 | Trend — |
Grouped into 9 asset classes covering 585 units