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2-bed · 1,547 sqftOcean Heights Tower, Dubai Marina · 11th floor · completed 2010

1110, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in October 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1110 · DLD and Ejari recordsUpdated 17 November 2022
Last soldAED 2.3M24 October 2013
Current rentAED 75K /yr17 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1110, Ocean Heights Tower

What is 1110 worth today?

Last sold for AED 2,300,000 in 2013

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17 Nov 2022RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
17 Nov 2021RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
17 Nov 2020RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
10 Nov 2018RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
26 Oct 2017RentedNew contract
AED 135,000/yr12 months · AED 87 per sqft
7 Mar 2015RentedNew contract
AED 155,000/yr12 months · AED 100 per sqft
24 Oct 2013SoldReady
AED 2,300,000AED 1,486 per sqft
2 Aug 2011SoldReady
AED 2,429,000AED 1,570 per sqft

Source: Dubai Land Department. Updated 17 November 2022.

Key facts

Type
2-bed apartment
Size
1,547 sqft
Floor
11th of 80
Parking
B3-66
Developer
DAMAC
Completed
2010
Service charge
AED 25,200 /yr
Last sold
AED 2.3M · October 2013
Building
Ocean Heights Tower

About 1110, Ocean Heights Tower

1110 is a two-bedroom apartment of 1,547 sqft on the 11th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 24 October 2013 for AED 2,300,000, or AED 1,486 per sqft, in line with the AED 1,453 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 17 November 2022, is AED 75,000 a year: a gross yield of 3.3% on the 2013 price, before the service charge of about AED 25,200 a year.

Sales and rents for 1110 over time

Sales
Unit 1110, 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, June 2009: AED 2,429,000 (AED 1,570 per sqft)Sold, August 2011: AED 2,429,000 (AED 1,570 per sqft)Sold, October 2013: AED 2,300,000 (AED 1,486 per sqft)

1110 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1110, 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 2015: AED 155,000 a yearNew contract, October 2017: AED 135,000 a yearNew contract, November 2018: AED 110,000 a yearNew contract, November 2020: AED 75,000 a yearRenewal, November 2021: AED 75,000 a yearRenewal, November 2022: AED 75,000 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 1110 sits

All 203 2-beds →

1110 last sold in October 2013 at AED 1,486 per sqft, in line with what two-beds in Ocean Heights Tower were fetching at the time (AED 1,453). 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. 1110's AED 75,000 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 11th floor

All 581 units in Ocean Heights Tower
Value
11013-bedAED 2.25M · Jul 2024
11021-bedAED 1M · Jul 2022
11031-bedAED 1.4M · Oct 2013
11041-bedAED 1.11M · May 2011
11051-bedAED 1.33M · Feb 2017
11061-bedAED 910K · May 2011
11072-bedAED 1.5M · Jul 2023
1–7 of 19

1110, Ocean Heights Tower in numbers

  • Sold 3 times: first on 3 June 2009 for AED 2,429,000, last on 24 October 2013 for AED 2,300,000 (AED 1,486 per sqft).
  • Rented since March 2015 on 6 Ejari contracts, from AED 155,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2013 price is 3.3%, before a service charge of about AED 25,200 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 17 November 2022.

Questions about 1110, Ocean Heights Tower

What did unit 1110 last sell for?

AED 2,300,000 on 24 October 2013: AED 1,486 per sqft for 1,547 sqft. The unit has 3 registered sales; the first was AED 2,429,000 in June 2009.

What is the rent for unit 1110?

AED 75,000 a year on the contract renewed on 17 November 2022. The previous contract, from November 2021, was AED 75,000; the unit has been rented since March 2015.

How big is unit 1110?

1,547 sqft (143.7 sqm): a two-bedroom apartment on the 11th floor of a 80-storey tower completed in 2010.

What is unit 1110 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 1110, Ocean Heights Tower

Starts from the last sale price (AED 2.3M, 24 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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