−12% Ocean Heights
1 BR · Apartment · 2 bathrooms
Price history
Listed since 23 September 2026. The price has been cut once — dates and figures from the listing itself.
- 5 October 2026 AED 1 649 999
- 14 October 2026 AED 1 449 990 -12%
About the building
83-storey residential building in Dubai Marina, completed in 2010. Developer — Damac Properties. Architect — Aedas Ltd.
Specifications for Ocean Heights per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
Dubai Marina
The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.
- reliable rental income
- car-free living
- fast resale
What to check: Much of the stock is fifteen to twenty years old and building condition varies enormously. Get the service charge history and walk the common areas before you offer — an unmaintained tower will cost you more than the discount you got.
Full district guide →Questions and answers about lot NP4-503353
How much is this 1-bedroom apartment in Ocean Heights?
Lot NP4-503353 is priced at AED 1 449 990, about $395 000. The size is 1 170 sq ft (109 m²), which works out at AED 1 239 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 1 649 999 to AED 1 449 990: AED 200 009 less, or 12%. It was cut once. On the market since 23 September 2026.
How does this price compare with other lots in Ocean Heights?
The database holds 2 lots in Ocean Heights right now, from AED 1 449 990 to AED 3 700 000.
Is this expensive or cheap for Dubai Marina?
The database holds 168 lots in Dubai Marina, starting from AED 500 000. The area median is AED 2 217 per sq ft; this lot is at AED 1 239. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 46 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Marina area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2010 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 290 000; a loan of AED 1 160 000 over 25 years at 3.75–4.99% a year comes to roughly AED 6 000–6 800 a month. A non-resident puts down from 40% (AED 580 000) and pays about AED 4 500–5 100 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 58 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 550 010 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Ocean Heights?
The building has 83 floors. Completion year: 2010. Figures are from the project passport: Propsearch and the Dubai Land Department.
Ocean Heights project page →What does the seller say about the property itself?
From the listing: bathrooms — 2.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-503353 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Ocean Heights
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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