1-bed · 951 sqftOcean Heights Tower, Dubai Marina · 12th floor · completed 2010

12A03, Ocean Heights Tower

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A03 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 1.3M30 May 2011
Current rentAED 98K /yr3 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 12A03, Ocean Heights Tower

What is 12A03 worth today?

Last sold for AED 1,298,000 in 2011

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3 Feb 2026RentedRenewal
AED 98,000/yr12 months · AED 103 per sqft
3 Feb 2025RentedRenewal
AED 98,000/yr12 months · AED 103 per sqft
3 Feb 2025RentedRenewal
AED 98,000/yr12 months · AED 103 per sqft
3 Feb 2024RentedRenewal
AED 98,000/yr12 months · AED 103 per sqft
3 Feb 2024RentedRenewal
AED 98,000/yr12 months · AED 103 per sqft
3 Feb 2023RentedNew contract
AED 90,000/yr12 months · AED 95 per sqft
5 Dec 2021RentedRenewal
AED 55,000/yr12 months · AED 58 per sqft
5 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type
1-bed apartment
Size
951 sqft
Floor
12th of 80
Parking
B2-17
Developer
DAMAC
Completed
2010
Service charge
AED 15,500 /yr
Last sold
AED 1.3M · May 2011

About 12A03, Ocean Heights Tower

12A03 is a one-bedroom apartment of 951 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 30 May 2011 for AED 1,298,000, or AED 1,364 per sqft, 6% above the AED 1,291 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 3 February 2026, is AED 98,000 a year: a gross yield of 7.5% on the 2011 price, before the service charge of about AED 15,500 a year.

Sales and rents for 12A03 over time

Sales
Unit 12A03, each saleTypical one-bed in Ocean Heights Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,242,000; 2010 AED 1,725,700; 2011 AED 1,211,000; 2012 AED 1,115,184; 2013 AED 1,340,000; 2014 AED 1,560,000; 2015 AED 1,320,000; 2016 AED 1,370,000; 2017 AED 1,300,000; 2018 AED 1,237,500; 2019 AED 928,000; 2020 AED 750,000; 2021 AED 930,000; 2022 AED 1,150,000; 2023 AED 1,300,000; 2024 AED 1,380,000; 2025 AED 1,405,000; 2026 AED 1,625,000Sold by developer, July 2009: AED 1,298,000 (AED 1,364 per sqft)Sold, May 2011: AED 1,298,000 (AED 1,364 per sqft)

12A03 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 12A03, each contractTypical one-bed in Ocean Heights Tower
50K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 101,535; 2017 AED 95,000; 2018 AED 87,500; 2019 AED 78,579; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 73,500; 2023 AED 89,759; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, February 2013: AED 78,000 a yearNew contract, February 2014: AED 84,000 a yearNew contract, August 2015: AED 115,000 a yearRenewal, August 2016: AED 115,000 a yearRenewal, August 2017: AED 115,000 a yearNew contract, September 2018: AED 80,000 a yearRenewal, September 2019: AED 80,000 a yearNew contract, December 2020: AED 55,000 a yearRenewal, December 2021: AED 55,000 a yearNew contract, February 2023: AED 90,000 a yearRenewal, February 2024: AED 98,000 a yearRenewal, February 2024: AED 98,000 a yearRenewal, February 2025: AED 98,000 a yearRenewal, February 2025: AED 98,000 a yearRenewal, February 2026: AED 98,000 a year

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

1-beds in Ocean Heights Tower, and where 12A03 sits

All 288 1-beds →

12A03 last sold in May 2011 at AED 1,364 per sqft, 6% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,291). Over the last 12 months one-beds sold for AED 1,253,115 to 2,800,000, around AED 1,651 per sqft, and rent for AED 66,000 to 175,000 a year. 12A03's AED 98,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20262,800,000
24 Jul 20261,300,000
14 Jul 20261,253,115
11 Jun 20262,030,000
10 1-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

12A03, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 1,298,000, last on 30 May 2011 for AED 1,298,000 (AED 1,364 per sqft).
  • Rented since February 2013 on 15 Ejari contracts. The rent fell from AED 78,000 to AED 55,000 in 2021 and recovered to AED 98,000 by February 2026.
  • At AED 98,000 a year the gross yield on the 2011 price is 7.5%, before a service charge of about AED 15,500 a year (AED 16.32 per sqft).
  • One-beds in Ocean Heights Tower sold for AED 1,253,115–2,800,000 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 3 February 2026.

Questions about 12A03, Ocean Heights Tower

What did unit 12A03 last sell for?

AED 1,298,000 on 30 May 2011: AED 1,364 per sqft for 951 sqft. The unit has 2 registered sales; the first was AED 1,298,000 in July 2009.

What is the rent for unit 12A03?

AED 98,000 a year on the contract renewed on 3 February 2026. The previous contract, from February 2025, was AED 98,000; the unit has been rented since February 2013.

How big is unit 12A03?

951 sqft (88.4 sqm): a one-bedroom apartment on the 12th floor of a 80-storey tower completed in 2010.

What is unit 12A03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ocean Heights Tower sold for AED 1,253,115 to 2,800,000 in the last 12 months, around AED 1,651 per sqft.

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Mortgage on 12A03, Ocean Heights Tower

Starts from the last sale price (AED 1.3M, 30 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,298,000
Deposit, UAE resident (20%)
AED 259,600
Deposit, non-resident (40%)
AED 519,200
Monthly over 25 years at 3.7%
AED 5,311

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