2-bed · 1,307 sqftOcean Heights Tower, Dubai Marina · 14th floor · completed 2010

1408, Ocean Heights Tower

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

Unit 1408 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 2.36M22 December 2011
Current rentAED 90K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Ocean Heights Tower

What is 1408 worth today?

Last sold for AED 2,363,000 in 2011

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1 Jul 2026RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
30 May 2025RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
30 May 2025RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
7 Mar 2024RentedRenewal
AED 121,000/yr12 months · AED 93 per sqft
7 Mar 2024RentedRenewal
AED 121,000/yr12 months · AED 93 per sqft
7 Mar 2023RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
30 Dec 2021RentedRenewal
AED 72,000/yr12 months · AED 55 per sqft
30 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,307 sqft
Floor
14th of 80
Parking
B3-77
Developer
DAMAC
Completed
2010
Service charge
AED 21,300 /yr
Last sold
AED 2.36M · December 2011

About 1408, Ocean Heights Tower

1408 is a two-bedroom apartment of 1,307 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 December 2011 for AED 2,363,000, or AED 1,808 per sqft, 18% above the AED 1,527 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 1 July 2026, is AED 90,000 a year: a gross yield of 3.8% on the 2011 price, before the service charge of about AED 21,300 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical two-bed in Ocean Heights Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,070,000; 2010 AED 2,329,625; 2011 AED 2,070,000; 2012 AED 1,864,018; 2013 AED 2,137,800; 2014 AED 2,800,000; 2015 AED 2,000,000; 2016 AED 2,012,500; 2017 AED 1,995,000; 2018 AED 1,997,500; 2019 AED 1,250,000; 2020 AED 1,035,000; 2021 AED 1,225,000; 2022 AED 1,800,000; 2023 AED 1,800,000; 2024 AED 2,025,000; 2025 AED 2,250,000; 2026 AED 2,000,000Sold by developer, July 2009: AED 2,363,000 (AED 1,808 per sqft)Sold, December 2011: AED 2,363,000 (AED 1,808 per sqft)

1408 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, each contractTypical two-bed in Ocean Heights Tower
50K100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 120,000; 2014 AED 140,000; 2015 AED 143,325; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 121,000; 2019 AED 106,000; 2020 AED 88,500; 2021 AED 88,000; 2022 AED 97,608; 2023 AED 115,000; 2024 AED 121,000; 2025 AED 130,000; 2026 AED 130,000New contract, October 2013: AED 110,000 a yearRenewal, October 2014: AED 110,306 a yearRenewal, October 2015: AED 110,000 a yearRenewal, October 2016: AED 110,000 a yearRenewal, October 2017: AED 110,000 a yearNew contract, October 2018: AED 92,000 a yearNew contract, December 2020: AED 60,000 a yearRenewal, December 2021: AED 72,000 a yearNew contract, March 2023: AED 110,000 a yearRenewal, March 2024: AED 121,000 a yearRenewal, March 2024: AED 121,000 a yearNew contract, May 2025: AED 100,000 a yearNew contract, May 2025: AED 100,000 a yearNew contract, July 2026: AED 90,000 a year

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 1408 sits

All 203 2-beds →

1408 last sold in December 2011 at AED 1,808 per sqft, 18% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,527). 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. 1408's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jul 20261,800,000
25 Jun 20261,700,000
10 Jun 20262,000,000
3 Feb 20262,100,000
6 2-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 14th floor

All 581 units in Ocean Heights Tower
Value
14013-bedAED 3.28M · Jul 2011
14021-bedAED 1.37M · May 2011
14031-bedAED 1.48M · Apr 2011
14041-bedAED 1.5M · Sep 2016
14051-bedAED 863K · Jul 2011
14061-bedAED 2.39M · Dec 2011
14072-bedAED 1.1M · Jun 2021
1–7 of 9

1408, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 2,363,000, last on 22 December 2011 for AED 2,363,000 (AED 1,808 per sqft).
  • Rented since October 2013 on 14 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2020 and recovered to AED 90,000 by July 2026.
  • At AED 90,000 a year the gross yield on the 2011 price is 3.8%, before a service charge of about AED 21,300 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 1 July 2026.

Questions about 1408, Ocean Heights Tower

What did unit 1408 last sell for?

AED 2,363,000 on 22 December 2011: AED 1,808 per sqft for 1,307 sqft. The unit has 2 registered sales; the first was AED 2,363,000 in July 2009.

What is the rent for unit 1408?

AED 90,000 a year on the contract signed on 1 July 2026. The previous contract, from May 2025, was AED 100,000; the unit has been rented since October 2013.

How big is unit 1408?

1,307 sqft (121.4 sqm): a two-bedroom apartment on the 14th floor of a 80-storey tower completed in 2010.

What is unit 1408 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 1408, Ocean Heights Tower

Starts from the last sale price (AED 2.36M, 22 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,363,000
Deposit, UAE resident (20%)
AED 472,600
Deposit, non-resident (40%)
AED 945,200
Monthly over 25 years at 3.7%
AED 9,668

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