1405, Ocean Heights Tower
Sold prices and rental history: sold twice, last in July 2011, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1405, Ocean Heights Tower
What is 1405 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 879 sqft
- Floor
- 14th of 80
- Parking
- B2-24
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 863K · July 2011
- Building
- Ocean Heights Tower
About 1405, Ocean Heights Tower
1405 is a one-bedroom apartment of 879 sqft on the 14th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 14 July 2011 for AED 863,000, or AED 981 per sqft, 22% below the AED 1,261 one-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 November 2024, is AED 89,250 a year: a gross yield of 10.3% on the 2011 price, before the service charge of about AED 14,300 a year.
Sales and rents for 1405 over time
1405 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1405 sits
All 288 1-beds →1405 last sold in July 2011 at AED 981 per sqft, 22% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,261). 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. 1405's AED 89,250 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,422 sqft | 2,800,000 | 1,969 | ||
| 24 Jul 202624 July 2026 | 885 sqft | 1,300,000 | 1,468 | ||
| 14 Jul 202614 July 2026 | 826 sqft | 1,253,115 | 1,517 | ||
| 11 Jun 202611 June 2026 | 1,053 sqft | 2,030,000 | 1,927 |
Ocean Heights Tower
Building581 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%
Other units on the 14th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 3-bed | 1,637 sqft | AED 3.28MAED 3,282,000 · Jul 2011July 2011 | ||
| 1402 | 1-bed | 1,116 sqft | AED 1.37MAED 1,366,000 · May 2011May 2011 | 89,000 /yr | |
| 1403 | 1-bed | 1,052 sqft | AED 1.48MAED 1,477,000 · Apr 2011April 2011 | 105,000 /yr | |
| 1404 | 1-bed | 1,193 sqft | AED 1.5MAED 1,500,000 · Sep 2016September 2016 | 105,000 /yr | |
| 1406 | 1-bed | 878 sqft | AED 2.39MAED 2,394,596 · Dec 2011December 2011 | 70,000 /yr | |
| 1407 | 2-bed | 1,323 sqft | AED 1.1MAED 1,100,000 · Jun 2021June 2021 | 105,000 /yr | |
| 1408 | 2-bed | 1,307 sqft | AED 2.36MAED 2,363,000 · Dec 2011December 2011 | 90,000 /yr | |
| 1409 | 3-bed | 1,622 sqft | AED 2.65MAED 2,650,000 · Aug 2025August 2025 | 200,000 /yr | |
| 1410 | 1-bed | 953 sqft | AED 1.72MAED 1,715,000 · Nov 2015November 2015 | 75,000 /yr |
1405, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 863,000, last on 14 July 2011 for AED 863,000 (AED 981 per sqft).
- Rented since November 2015 on 2 Ejari contracts, from AED 115,000 to AED 89,250 a year.
- At AED 89,250 a year the gross yield on the 2011 price is 10.3%, before a service charge of about AED 14,300 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 1 November 2024.
Questions about 1405, Ocean Heights Tower
What did unit 1405 last sell for?
AED 863,000 on 14 July 2011: AED 981 per sqft for 879 sqft. The unit has 2 registered sales; the first was AED 863,000 in July 2009.
What is the rent for unit 1405?
AED 89,250 a year on the contract signed on 1 November 2024. The previous contract, from November 2015, was AED 115,000.
How big is unit 1405?
879 sqft (81.7 sqm): a one-bedroom apartment on the 14th floor of a 80-storey tower completed in 2010.
What is unit 1405 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 1405, Ocean Heights Tower
Starts from the last sale price (AED 863K, 14 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 863,000
- Deposit, UAE resident (20%)
- AED 172,600
- Deposit, non-resident (40%)
- AED 345,200
- Monthly over 25 years at 3.7%
- AED 3,531
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →