2-bed · 1,282 sqftOcean Heights Tower, Dubai Marina · 10th floor · completed 2010

1007, Ocean Heights Tower

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.75M31 May 2024
Current rentAED 77K /yr22 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Ocean Heights Tower

What is 1007 worth today?

Last sold for AED 1,750,000 in 2024

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31 May 2024SoldReady
AED 1,750,000AED 1,365 per sqft
1 Mar 2023SoldReady
AED 1,560,000AED 1,216 per sqft
22 Sep 2021RentedRenewal
AED 77,000/yr12 months · AED 60 per sqft
22 Sep 2020RentedNew contract
AED 77,000/yr12 months · AED 60 per sqft
30 Jun 2019RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
7 Apr 2017RentedNew contract
AED 140,000/yr12 months · AED 109 per sqft
2 Mar 2016RentedNew contract
AED 140,000/yr12 months · AED 109 per sqft
1 Oct 2013SoldReady
AED 1,836,000AED 1,432 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
2-bed apartment
Size
1,282 sqft
Floor
10th of 80
Parking
B2-62B & B2-62A
Developer
DAMAC
Completed
2010
Service charge
AED 20,900 /yr
Last sold
AED 1.75M · May 2024

About 1007, Ocean Heights Tower

1007 is a two-bedroom apartment of 1,282 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 31 May 2024 for AED 1,750,000, or AED 1,365 per sqft, in line with the AED 1,336 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 22 September 2021, is AED 77,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 20,900 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical two-bed in Ocean Heights Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,070,000; 2010 AED 2,329,625; 2011 AED 2,070,000; 2012 AED 1,864,018; 2013 AED 2,137,800; 2014 AED 2,800,000; 2015 AED 2,000,000; 2016 AED 2,012,500; 2017 AED 1,995,000; 2018 AED 1,997,500; 2019 AED 1,250,000; 2020 AED 1,035,000; 2021 AED 1,225,000; 2022 AED 1,800,000; 2023 AED 1,800,000; 2024 AED 2,025,000; 2025 AED 2,250,000; 2026 AED 2,000,000Sold by developer, July 2009: AED 1,836,000 (AED 1,432 per sqft)Sold, October 2013: AED 1,836,000 (AED 1,432 per sqft)Sold, March 2023: AED 1,560,000 (AED 1,216 per sqft)Sold, May 2024: AED 1,750,000 (AED 1,365 per sqft)

1007 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, each contractTypical two-bed in Ocean Heights Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 120,000; 2014 AED 140,000; 2015 AED 143,325; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 121,000; 2019 AED 106,000; 2020 AED 88,500; 2021 AED 88,000; 2022 AED 97,608; 2023 AED 115,000; 2024 AED 121,000; 2025 AED 130,000; 2026 AED 130,000New contract, March 2016: AED 140,000 a yearNew contract, April 2017: AED 140,000 a yearNew contract, June 2019: AED 90,000 a yearNew contract, September 2020: AED 77,000 a yearRenewal, September 2021: AED 77,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Ocean Heights Tower, and where 1007 sits

All 203 2-beds →

1007 last sold in May 2024 at AED 1,365 per sqft, in line with what two-beds in Ocean Heights Tower were fetching at the time (AED 1,336). Over the last 12 months two-beds sold for AED 1,700,000 to 3,100,000, around AED 1,572 per sqft, and rent for AED 90,000 to 200,000 a year. 1007's AED 77,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jul 20261,800,000
25 Jun 20261,700,000
10 Jun 20262,000,000
3 Feb 20262,100,000
6 2-bed sales in the last 12 months

Ocean Heights Tower

Building

581 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%
Ocean Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 581 units in Ocean Heights Tower
Value
10013-bedAED 1.23M · Jun 2020
10021-bedAED 1.4M · Feb 2015
10031-bedAED 1.05M · Oct 2021
10041-bedAED 1.4M · Jul 2024
10051-bedAED 1.33M · Nov 2024
10061-bedAED 1.05M · Mar 2025
10082-bedAED 1.22M · Sep 2014
1–7 of 9

1007, Ocean Heights Tower in numbers

  • Sold 4 times: first on 8 July 2009 for AED 1,836,000, last on 31 May 2024 for AED 1,750,000 (AED 1,365 per sqft).
  • Rented since March 2016 on 5 Ejari contracts, from AED 140,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 20,900 a year (AED 16.32 per sqft).
  • Two-beds in Ocean Heights Tower sold for AED 1,700,000–3,100,000 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 31 May 2024.

Questions about 1007, Ocean Heights Tower

What did unit 1007 last sell for?

AED 1,750,000 on 31 May 2024: AED 1,365 per sqft for 1,282 sqft. The unit has 4 registered sales; the first was AED 1,836,000 in July 2009.

What is the rent for unit 1007?

AED 77,000 a year on the contract renewed on 22 September 2021. The previous contract, from September 2020, was AED 77,000; the unit has been rented since March 2016.

How big is unit 1007?

1,282 sqft (119.1 sqm): a two-bedroom apartment on the 10th floor of a 80-storey tower completed in 2010.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Heights Tower sold for AED 1,700,000 to 3,100,000 in the last 12 months, around AED 1,572 per sqft.

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Mortgage on 1007, Ocean Heights Tower

Starts from the last sale price (AED 1.75M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →