1502, Ocean Heights Tower
Sold prices and rental history: sold twice, last in April 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Ocean Heights Tower
What is 1502 worth today?
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Source: Dubai Land Department. Updated 30 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,110 sqft
- Floor
- 15th of 80
- Parking
- B2-27
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 18,100 /yr
- Last sold
- AED 2.08M · April 2011
- Building
- Ocean Heights Tower
About 1502, Ocean Heights Tower
1502 is a one-bedroom apartment of 1,110 sqft on the 15th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 3 April 2011 for AED 2,076,000, or AED 1,870 per sqft, 34% above the AED 1,392 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 30 June 2025, is AED 88,000 a year: a gross yield of 4.2% on the 2011 price, before the service charge of about AED 18,100 a year.
Sales and rents for 1502 over time
1502 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 1502 sits
All 288 1-beds →1502 last sold in April 2011 at AED 1,870 per sqft, 34% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,392). 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. 1502's AED 88,000 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 15th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,621 sqft | AED 1.71MAED 1,708,000 · May 2011May 2011 | 145,000 /yr | |
| 1503 | 1-bed | 1,062 sqft | AED 1.5MAED 1,500,000 · Feb 2026February 2026 | 120,000 /yr | |
| 1504 | 1-bed | 1,185 sqft | AED 1.15MAED 1,149,000 · May 2011May 2011 | 100,000 /yr | |
| 1505 | 1-bed | 881 sqft | AED 1.44MAED 1,435,000 · Jan 2025January 2025 | 100,000 /yr | |
| 1506 | 1-bed | 878 sqft | AED 1.35MAED 1,350,000 · Nov 2017November 2017 | 97,500 /yr | |
| 1507 | 2-bed | 1,329 sqft | AED 2.11MAED 2,106,000 · Oct 2011October 2011 | 130,000 /yr | |
| 1508 | 2-bed | 1,286 sqft | AED 1.88MAED 1,884,000 · Oct 2013October 2013 | 122,500 /yr | |
| 1509 | 3-bed | 1,573 sqft | AED 1.54MAED 1,536,000 · Sep 2012September 2012 | 170,000 /yr | |
| 1510 | 1-bed | 941 sqft | AED 1.2MAED 1,200,000 · Dec 2012December 2012 | 90,000 /yr |
1502, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 2,076,000, last on 3 April 2011 for AED 2,076,000 (AED 1,870 per sqft).
- Rented since July 2014 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2020 and recovered to AED 88,000 by June 2025.
- At AED 88,000 a year the gross yield on the 2011 price is 4.2%, before a service charge of about AED 18,100 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 30 June 2025.
Questions about 1502, Ocean Heights Tower
What did unit 1502 last sell for?
AED 2,076,000 on 3 April 2011: AED 1,870 per sqft for 1,110 sqft. The unit has 2 registered sales; the first was AED 2,076,000 in July 2009.
What is the rent for unit 1502?
AED 88,000 a year on the contract renewed on 30 June 2025. The previous contract, from June 2025, was AED 88,000; the unit has been rented since July 2014.
How big is unit 1502?
1,110 sqft (103.1 sqm): a one-bedroom apartment on the 15th floor of a 80-storey tower completed in 2010.
What is unit 1502 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 1502, Ocean Heights Tower
Starts from the last sale price (AED 2.08M, 3 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,076,000
- Deposit, UAE resident (20%)
- AED 415,200
- Deposit, non-resident (40%)
- AED 830,400
- Monthly over 25 years at 3.7%
- AED 8,494
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →