Dubai Marina
Ocean Heights
DAMAC PROPERTIES CO (L.L.C) · Selling since 2004 · recent sales mostly resales
Median per sqft
AED 1,892/sqft
3yr CAGR
+11.4%
5yr projection (1,000 sqft)
AED 2,074,045
AED 1,087,839 to AED 4,452,488, from 17.2 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Ocean Heights — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in Ocean Heights over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Ocean Heights itself; the rest are homes of the same size in Dubai Marina, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 1.63M | AED 95,000/yrthis building · 87 new lets | 5.8% | 13 |
| 2 beds | AED 2.16M | AED 130,000/yrthis building · 56 new lets | 6.0% | 10 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 7.3% instead of 5.8%, because it prices the home at AED 1.3M — the median across every sale on record — rather than the AED 1.63M it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 17/sqft across 32 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 15,794 | AED 79,206 | 5.8% | 4.9% |
| 2 beds | AED 24,904 | AED 105,096 | 6.0% | 4.9% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Due diligence
Price vs. Dubai Marina median
-15.8%
Priced at or below the area's real median.
Developer track record
16,505 real transactions
19 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
966 m
Al Fardan Exchange
Nearest school
1.8 km
ICCA Dubai
Nearest hospital
756 m
Health Avenue Polyclinics
Nearest supermarket
76 m
Carrefour Express
Metro stations
- Al Fardan Exchange966 m