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3-bed · 1,654 sqftOcean Heights Tower, Dubai Marina · 12th floor · completed 2010

12A01, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A01 · DLD and Ejari recordsUpdated 26 January 2018
Last soldAED 3.15M26 November 2014
Current rentAED 210K /yr26 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 12A01, Ocean Heights Tower

What is 12A01 worth today?

Last sold for AED 3,150,000 in 2014

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26 Jan 2018RentedRenewal
AED 210,000/yr12 months · AED 127 per sqft
26 Jan 2017RentedRenewal
AED 210,000/yr12 months · AED 127 per sqft
26 Jan 2016RentedNew contract
AED 230,000/yr12 months · AED 139 per sqft
26 Nov 2014SoldReady
AED 3,150,000AED 1,904 per sqft
2 Oct 2013SoldReady
AED 1,796,000AED 1,085 per sqft
20 Jun 2013RentedNew contract
AED 160,000/yr13 months · AED 97 per sqft
8 Jul 2009Sold by developerOff-plan
AED 1,796,000AED 1,085 per sqft

Source: Dubai Land Department. Updated 26 January 2018.

Key facts

Type
3-bed apartment
Size
1,654 sqft
Floor
12th of 80
Parking
B1-68
Developer
DAMAC
Completed
2010
Service charge
AED 27,000 /yr
Last sold
AED 3.15M · November 2014
Building
Ocean Heights Tower

About 12A01, Ocean Heights Tower

12A01 is a three-bedroom apartment of 1,654 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 26 November 2014 for AED 3,150,000, or AED 1,904 per sqft, in line with the AED 1,904 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 26 January 2018, is AED 210,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 27,000 a year.

Sales and rents for 12A01 over time

Sales
Unit 12A01, 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 1,796,000 (AED 1,085 per sqft)Sold, October 2013: AED 1,796,000 (AED 1,085 per sqft)Sold, November 2014: AED 3,150,000 (AED 1,904 per sqft)

12A01 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 12A01, 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, June 2013: AED 160,000 a yearNew contract, January 2016: AED 230,000 a yearRenewal, January 2017: AED 210,000 a yearRenewal, January 2018: AED 210,000 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 12A01 sits

All 72 3-beds →

12A01 last sold in November 2014 at AED 1,904 per sqft, in line with what three-beds in Ocean Heights Tower were fetching at the time (AED 1,904). 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. 12A01's AED 210,000 is in the upper half 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
12013-bedAED 2.3M · Sep 2024
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
1–7 of 19

12A01, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,796,000, last on 26 November 2014 for AED 3,150,000 (AED 1,904 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 160,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 27,000 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 26 January 2018.

Questions about 12A01, Ocean Heights Tower

What did unit 12A01 last sell for?

AED 3,150,000 on 26 November 2014: AED 1,904 per sqft for 1,654 sqft. The unit has 3 registered sales; the first was AED 1,796,000 in July 2009.

What is the rent for unit 12A01?

AED 210,000 a year on the contract renewed on 26 January 2018. The previous contract, from January 2017, was AED 210,000; the unit has been rented since June 2013.

How big is unit 12A01?

1,654 sqft (153.7 sqm): a three-bedroom apartment on the 12th floor of a 80-storey tower completed in 2010.

What is unit 12A01 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 12A01, Ocean Heights Tower

Starts from the last sale price (AED 3.15M, 26 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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