1001, Ocean Heights Tower
Sold prices and rental history: sold 4 times, last in June 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Ocean Heights Tower
What is 1001 worth today?
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Source: Dubai Land Department. Updated 29 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,635 sqft
- Floor
- 10th of 80
- Parking
- B1-61
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.23M · June 2020
- Building
- Ocean Heights Tower
About 1001, Ocean Heights Tower
1001 is a three-bedroom apartment of 1,635 sqft on the 10th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 7 June 2020 for AED 1,225,000, or AED 749 per sqft, 13% below the AED 865 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 29 December 2024, is AED 200,000 a year: a gross yield of 16.3% on the 2020 price, before the service charge of about AED 26,700 a year.
Sales and rents for 1001 over time
1001 has sold 4 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Ocean Heights Tower, and where 1001 sits
All 72 3-beds →1001 last sold in June 2020 at AED 749 per sqft, 13% below what three-beds in Ocean Heights Tower were fetching at the time (AED 865). Over the last 12 months three-beds sold for AED 1,500,000 to 3,938,750, around AED 1,770 per sqft, and rent for AED 150,000 to 246,750 a year. 1001's AED 200,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,791 sqft | 2,800,000 | 1,563 | ||
| 13 Oct 202613 October 2026 | 1,761 sqft | 2,800,000 | 1,590 | ||
| 6 Oct 20266 October 2026 | 847 sqft | 1,500,000 | 1,770 | ||
| 1 Oct 20261 October 2026 | 1,708 sqft | 2,741,952 | 1,605 |
Ocean Heights Tower
Building581 apartments, 1-bed to 5-bed over 80 floors in Dubai Marina, completed in 2010 by DAMAC. 27 sold in the last 12 months.
- Typical price per sqft
- AED 1,609 Up 8.6%
- Typical sale
- AED 2.1M
- Typical rent
- AED 105K /yr
- Typical yield
- 5.7%
Other units on the 10th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 1,115 sqft | AED 1.4MAED 1,400,000 · Feb 2015February 2015 | 78,000 /yr | |
| 1003 | 1-bed | 1,041 sqft | AED 1.05MAED 1,050,000 · Oct 2021October 2021 | 100,000 /yr | |
| 1004 | 1-bed | 1,199 sqft | AED 1.4MAED 1,400,000 · Jul 2024July 2024 | 115,000 /yr | |
| 1005 | 1-bed | 878 sqft | AED 1.33MAED 1,325,000 · Nov 2024November 2024 | ||
| 1006 | 1-bed | 878 sqft | AED 1.05MAED 1,050,000 · Mar 2025March 2025 | 80,000 /yr | |
| 1007 | 2-bed | 1,282 sqft | AED 1.75MAED 1,750,000 · May 2024May 2024 | 77,000 /yr | |
| 1008 | 2-bed | 1,417 sqft | AED 1.22MAED 1,215,000 · Sep 2014September 2014 | 170,000 /yr | |
| 1009 | 2-bed | 1,458 sqft | AED 2MAED 2,000,000 · Oct 2013October 2013 | 150,000 /yr | |
| 1010 | 2-bed | 1,578 sqft | AED 5.55MAED 5,546,903 · Mar 2012March 2012 | 135,000 /yr |
1001, Ocean Heights Tower in numbers
- Sold 4 times: first on 8 July 2009 for AED 1,651,000, last on 7 June 2020 for AED 1,225,000 (AED 749 per sqft).
- Rented since June 2012 on 5 Ejari contracts, from AED 105,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2020 price is 16.3%, before a service charge of about AED 26,700 a year (AED 16.32 per sqft).
- Three-beds in Ocean Heights Tower sold for AED 1,500,000–3,938,750 in the 12 months to November 2026; the building's median across all types is AED 1,609 per sqft.
Source: Dubai Land Department. Updated 29 December 2024.
Questions about 1001, Ocean Heights Tower
What did unit 1001 last sell for?
AED 1,225,000 on 7 June 2020: AED 749 per sqft for 1,635 sqft. The unit has 4 registered sales; the first was AED 1,651,000 in July 2009.
What is the rent for unit 1001?
AED 200,000 a year on the contract renewed on 29 December 2024. The previous contract, from December 2024, was AED 200,000; the unit has been rented since June 2012.
How big is unit 1001?
1,635 sqft (151.9 sqm): a three-bedroom apartment on the 10th floor of a 80-storey tower completed in 2010.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ocean Heights Tower sold for AED 1,500,000 to 3,938,750 in the last 12 months, around AED 1,770 per sqft.
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Mortgage on 1001, Ocean Heights Tower
Starts from the last sale price (AED 1.23M, 7 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,225,000
- Deposit, UAE resident (20%)
- AED 245,000
- Deposit, non-resident (40%)
- AED 490,000
- Monthly over 25 years at 3.7%
- AED 5,012
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →