Home
Dubai prices
About
Research
3-bed · 1,581 sqftOcean Heights Tower, Dubai Marina · 12th floor · completed 2010

1201, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 2.3M23 September 2024
Current rentAED 140K /yr4 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1201

Property timeline for 1201, Ocean Heights Tower

What is 1201 worth today?

Last sold for AED 2,300,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Sep 2024SoldReady
AED 2,300,000AED 1,454 per sqft
4 Aug 2023RentedNew contract
AED 140,000/yr13 months · AED 88 per sqft
20 Aug 2022RentedRenewal
AED 125,000/yr6 months · AED 79 per sqft
20 Aug 2021RentedNew contract
AED 108,000/yr12 months · AED 68 per sqft
20 Feb 2019RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
20 Sep 2017RentedRenewal
AED 175,000/yr9 months · AED 111 per sqft
20 Sep 2016RentedRenewal
AED 175,000/yr12 months · AED 111 per sqft
20 Sep 2015RentedNew contract
AED 175,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
3-bed apartment
Size
1,581 sqft
Floor
12th of 80
Parking
B1-67
Developer
DAMAC
Completed
2010
Service charge
AED 25,800 /yr
Last sold
AED 2.3M · September 2024
Building
Ocean Heights Tower

About 1201, Ocean Heights Tower

1201 is a three-bedroom apartment of 1,581 sqft on the 12th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 23 September 2024 for AED 2,300,000, or AED 1,454 per sqft, 4% below the AED 1,512 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 4 August 2023, is AED 140,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 25,800 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical three-bed in Ocean Heights Tower
2M3M4M2009201420192024Typical sale price by year: 2009 AED 3,184,501; 2010 AED 2,307,360; 2011 AED 3,226,000; 2012 AED 2,355,375; 2013 AED 2,800,000; 2014 AED 3,700,000; 2017 AED 2,300,000; 2018 AED 3,050,500; 2020 AED 1,565,000; 2021 AED 2,150,000; 2022 AED 2,050,000; 2023 AED 2,500,000; 2024 AED 2,600,000; 2026 AED 3,000,000Sold by developer, July 2009: AED 1,724,000 (AED 1,090 per sqft)Sold, June 2011: AED 1,724,000 (AED 1,090 per sqft)Sold, September 2024: AED 2,300,000 (AED 1,454 per sqft)

1201 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1201, each contractTypical three-bed in Ocean Heights Tower
100K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 150,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 187,500; 2017 AED 175,000; 2018 AED 155,000; 2019 AED 137,500; 2020 AED 125,000; 2021 AED 118,500; 2022 AED 145,000; 2023 AED 160,000; 2024 AED 178,997; 2025 AED 190,000; 2026 AED 175,000New contract, February 2014: AED 50,000 a yearNew contract, August 2014: AED 175,000 a yearNew contract, September 2015: AED 175,000 a yearRenewal, September 2016: AED 175,000 a yearRenewal, September 2017: AED 175,000 a yearNew contract, February 2019: AED 120,000 a yearNew contract, August 2021: AED 108,000 a yearRenewal, August 2022: AED 125,000 a yearNew contract, August 2023: AED 140,000 a year

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 1201 sits

All 72 3-beds →

1201 last sold in September 2024 at AED 1,454 per sqft, 4% below what three-beds in Ocean Heights Tower were fetching at the time (AED 1,512). 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. 1201's AED 140,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,800,000
13 Oct 20262,800,000
6 Oct 20261,500,000
1 Oct 20262,741,952
9 3-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 12th floor

All 581 units in Ocean Heights Tower
Value
12021-bedAED 1.34M · Feb 2011
12031-bedAED 2.03M · Jun 2026
12041-bedAED 1.4M · Apr 2024
12051-bedAED 859K · May 2011
12061-bedAED 1.28M · Jun 2024
12072-bedAED 950K · Nov 2020
12082-bedAED 1.8M · Jul 2026
1–7 of 19

1201, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,724,000, last on 23 September 2024 for AED 2,300,000 (AED 1,454 per sqft).
  • Rented since February 2014 on 9 Ejari contracts, from AED 50,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 25,800 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 23 September 2024.

Questions about 1201, Ocean Heights Tower

What did unit 1201 last sell for?

AED 2,300,000 on 23 September 2024: AED 1,454 per sqft for 1,581 sqft. The unit has 3 registered sales; the first was AED 1,724,000 in July 2009.

What is the rent for unit 1201?

AED 140,000 a year on the contract signed on 4 August 2023. The previous contract, from August 2022, was AED 125,000; the unit has been rented since February 2014.

How big is unit 1201?

1,581 sqft (146.9 sqm): a three-bedroom apartment on the 12th floor of a 80-storey tower completed in 2010.

What is unit 1201 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.

Selling 1201? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1201, Ocean Heights Tower

Starts from the last sale price (AED 2.3M, 23 September 2024). 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 →