Ocean Heights — sale prices & transaction history

Ocean Heights sale prices by bedroom

Median recorded prices for Ocean Heights by bedroom count. Each row is priced on the last 4 months wherever that period holds enough sales, and steps back only as far as it has to — 12 months, then 3 years, then the whole record. The period each row actually covers is named beside it, with the number of sales behind it, so you can see exactly how thin or deep the figure you are reading is. Every row also shows what has traded in the last 4 months, including when that is nothing — set against the full record of 1,726 recorded transactions. These are the prices buyers actually paid — not asking prices, and not a district average.

Rows marked “older sales” use a longer period because recent sales were few — prices may have moved since, so compare them with care. A bedroom type with fewer than five recorded transactions keeps its count and loses its median: below that sample a middle value is arithmetic, not a market rate. A median taken across the whole register mixes prices from every year the building has traded, so each row above is priced on the most recent period that clears that threshold. Where a row shows a “middle half” range, its sales do not cluster around one figure: the middle fifty per cent of them span more than half again the price of the lower quarter. That happens in this register when units of the same stated type are not really the same product — a different aspect, floor or layout — and it means the median on that row is the midpoint of a spread rather than a typical price. Read the range, and price a specific unit against the sales nearest to it. Rows can sum to less than the building total — very large units are held out of the table for the same reason.

Most recent Ocean Heights transactions

The newest individual recorded transactions on the register, exactly as recorded. A median is a claim we vouch for; these are facts you can check against the Land Department yourself.

Why below-market resale shows up in Ocean Heights

• A price ladder that climbs with unit size, which concentrates the building's most motivated sellers in its smaller stock rather than its largest.
• Substantial investor ownership, producing a steady rate of exits driven by the owner's circumstances rather than the market's.
• Age. Units first recorded in 2009 now face refurbishment decisions, and selling at a discount is sometimes the cheaper option for a departing owner.
• Mortgage exposure among units financed at cycle peaks, consistently the first category to reach the market under payment pressure.

What to check before you offer on Ocean Heights

• Do not price a large unit off the building median. In this tower the rate per square foot moves with size, so the median describes the middle of the mix rather than the unit you are looking at.
• Confirm the floor and the aspect. Height and outlook carry more of the price here than in a flatter-priced building.
• Ask for the current service charge per square foot and the last two years of it. In Dubai it is set per building and reviewed annually, and a rise of a dirham or two per square foot moves a mid-size flat's running cost by thousands a year.
• Ask which register the unit sits on. A completed home changes hands on the secondary register at the Land Department; a pre-handover unit is an assignment of the original sale contract, needs the developer's no-objection certificate, and carries whatever is left of the payment plan.

Ocean Heights — common questions

Is the price data on this page asking prices or actual sales?

Actual sales. Every figure comes from the Dubai Land Department's record of completed transactions — the price recorded when ownership legally changed hands.

Why do larger units here cost more per square foot, not less?

It is what the building's own register shows, and it is not the usual pattern for the district. Read it as a signal that larger stock in this tower carries a premium of its own — most likely floor height and outlook — rather than assuming the district-wide rule that bigger means cheaper per foot.

Can I tell from this data whether a unit is selling below its original price?

No. A developer's first sale and a pre-handover resale share the same procedure code in the register, and the open export carries no unit identifier, so an original price cannot be traced to a later sale of the same unit.

How current is this register?

The page states the date of the most recent recorded sale it holds and recomputes every figure on load. Records arrive in batches, so the newest few days are typically not yet included.