1407, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, Ocean Heights Tower
What is 1407 worth today?
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Source: Dubai Land Department. Updated 22 June 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,323 sqft
- Floor
- 14th of 80
- Parking
- B3-76
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.1M · June 2021
- Building
- Ocean Heights Tower
About 1407, Ocean Heights Tower
1407 is a two-bedroom apartment of 1,323 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 22 June 2021 for AED 1,100,000, or AED 831 per sqft, 4% below the AED 865 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 18 October 2017, is AED 105,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 21,600 a year.
Sales and rents for 1407 over time
1407 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1407 sits
All 203 2-beds →1407 last sold in June 2021 at AED 831 per sqft, 4% below what two-beds in Ocean Heights Tower were fetching at the time (AED 865). 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. 1407's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jul 20267 July 2026 | 1,358 sqft | 1,800,000 | 1,325 | ||
| 25 Jun 202625 June 2026 | 1,329 sqft | 1,700,000 | 1,279 | ||
| 10 Jun 202610 June 2026 | 692 sqft | 2,000,000 | 2,890 | ||
| 3 Feb 20263 February 2026 | 1,609 sqft | 2,100,000 | 1,305 |
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 | |
| 1405 | 1-bed | 879 sqft | AED 863KAED 863,000 · Jul 2011July 2011 | 89,250 /yr | |
| 1406 | 1-bed | 878 sqft | AED 2.39MAED 2,394,596 · Dec 2011December 2011 | 70,000 /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 |
1407, Ocean Heights Tower in numbers
- Sold 3 times: first on 8 July 2009 for AED 1,304,000, last on 22 June 2021 for AED 1,100,000 (AED 831 per sqft).
- Rented since August 2013 on 5 Ejari contracts, from AED 98,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 21,600 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 22 June 2021.
Questions about 1407, Ocean Heights Tower
What did unit 1407 last sell for?
AED 1,100,000 on 22 June 2021: AED 831 per sqft for 1,323 sqft. The unit has 3 registered sales; the first was AED 1,304,000 in July 2009.
What is the rent for unit 1407?
AED 105,000 a year on the contract signed on 18 October 2017. The previous contract, from September 2016, was AED 125,000; the unit has been rented since August 2013.
How big is unit 1407?
1,323 sqft (122.9 sqm): a two-bedroom apartment on the 14th floor of a 80-storey tower completed in 2010.
What is unit 1407 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 1407, Ocean Heights Tower
Starts from the last sale price (AED 1.1M, 22 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →