
Ocean Heights is a residential project by DAMAC Properties, located in Dubai Marina. The tower features a contemporary architectural design with a dynamic silhouette and panoramic glazing, creating a distinctive appearance and offering views of the city and coastline. The development offers apartments with one, two, three, four, and five bedrooms. The interiors are designed in a modern aesthetic using high-quality materials and a balanced color palette, with a focus on comfort, functionality, and natural light. Residents have access to a wide range of amenities, including cafes and dining options, a fitness center, a swimming pool, leisure and entertainment areas, a residents’ lounge, BBQ areas, hotel services, laundry services, parking, 24/7 security, and convenient access to main roads and public transport. The project’s location provides convenient access to key destinations: Dubai Harbour and Emirates Golf Club — approximately 5 minutes, Dubai Marina, Atana Hotel Dubai, and Jebel Ali Racecourse — approximately 10 minutes.
Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Ocean Heights launch basis | 5,800 | AED 5.22M | Current launch / asking basis |
| Dubai Marina ready-stock comps | 2,100 | AED 1.89M | Indicative resale benchmark |
| Dubai Marina premium peer launches | 2,550 | AED 2.29M | New-launch peer set |
| Trophy alternative proxy | 3,200 | AED 2.88M | Higher-end anchor for negotiation context |







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Dubai Marina
Ocean Heights by Damac Properties
Located in Dubai Marina
Starting from AED 5,220,000
Unit mix includes 2 BR, Apartments
Expected handover: Dec 2010
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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