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2-bed · 1,196 sqftOcean Heights Tower, Dubai Marina · 11th floor · completed 2010

11A06, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 11A06 · DLD and Ejari recordsUpdated 5 February 2024
Last soldAED 1.45M25 March 2019
Current rentAED 140K /yr5 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 11A06, Ocean Heights Tower

What is 11A06 worth today?

Last sold for AED 1,450,000 in 2019

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5 Feb 2024RentedNew contract
AED 140,000/yr12 months · AED 117 per sqft
5 Feb 2024RentedNew contract
AED 140,000/yr12 months · AED 117 per sqft
25 Mar 2019SoldReady
AED 1,450,000AED 1,212 per sqft
22 Aug 2017RentedRenewal
AED 115,000/yr12 months · AED 96 per sqft
22 Aug 2016RentedNew contract
AED 115,000/yr12 months · AED 96 per sqft
25 Jul 2015RentedNew contract
AED 115,000/yr12 months · AED 96 per sqft
25 Jul 2013RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
31 Mar 2011SoldReady
AED 2,300,000AED 1,923 per sqft

Source: Dubai Land Department. Updated 5 February 2024.

Key facts

Type
2-bed apartment
Size
1,196 sqft
Floor
11th of 80
Parking
P1-69
Developer
DAMAC
Completed
2010
Service charge
AED 19,500 /yr
Last sold
AED 1.45M · March 2019
Building
Ocean Heights Tower

About 11A06, Ocean Heights Tower

11A06 is a two-bedroom apartment of 1,196 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 25 March 2019 for AED 1,450,000, or AED 1,212 per sqft, 8% below the AED 1,322 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 5 February 2024, is AED 140,000 a year: a gross yield of 9.7% on the 2019 price, before the service charge of about AED 19,500 a year.

Sales and rents for 11A06 over time

Sales
Unit 11A06, 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, December 2009: AED 2,300,000 (AED 1,923 per sqft)Sold, March 2011: AED 2,300,000 (AED 1,923 per sqft)Sold, March 2019: AED 1,450,000 (AED 1,212 per sqft)

11A06 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 11A06, 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, July 2013: AED 100,000 a yearNew contract, July 2015: AED 115,000 a yearNew contract, August 2016: AED 115,000 a yearRenewal, August 2017: AED 115,000 a yearNew contract, February 2024: AED 140,000 a yearNew contract, February 2024: AED 140,000 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 11A06 sits

All 203 2-beds →

11A06 last sold in March 2019 at AED 1,212 per sqft, 8% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,322). 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. 11A06's AED 140,000 is in the lower half 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

11A06, Ocean Heights Tower in numbers

  • Sold 3 times: first on 30 December 2009 for AED 2,300,000, last on 25 March 2019 for AED 1,450,000 (AED 1,212 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 100,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2019 price is 9.7%, before a service charge of about AED 19,500 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 5 February 2024.

Questions about 11A06, Ocean Heights Tower

What did unit 11A06 last sell for?

AED 1,450,000 on 25 March 2019: AED 1,212 per sqft for 1,196 sqft. The unit has 3 registered sales; the first was AED 2,300,000 in December 2009.

What is the rent for unit 11A06?

AED 140,000 a year on the contract signed on 5 February 2024. The previous contract, from February 2024, was AED 140,000; the unit has been rented since July 2013.

How big is unit 11A06?

1,196 sqft (111.1 sqm): a two-bedroom apartment on the 11th floor of a 80-storey tower completed in 2010.

What is unit 11A06 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 11A06, Ocean Heights Tower

Starts from the last sale price (AED 1.45M, 25 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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