1-bed · 1,185 sqftOcean Heights Tower, Dubai Marina · 15th floor · completed 2010

1504, Ocean Heights Tower

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 26 January 2026
Last soldAED 1.15M5 May 2011
Current rentAED 100K /yr26 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Ocean Heights Tower

What is 1504 worth today?

Last sold for AED 1,149,000 in 2011

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26 Jan 2026RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
5 Oct 2022RentedNew contract
AED 88,000/yr12 months · AED 74 per sqft
14 Oct 2019RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
14 Oct 2018RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
14 Oct 2017RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
14 Oct 2016RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
10 Jul 2015RentedNew contract
AED 103,000/yr12 months · AED 87 per sqft
5 May 2011SoldReady
AED 1,149,000AED 969 per sqft

Source: Dubai Land Department. Updated 26 January 2026.

Key facts

Type
1-bed apartment
Size
1,185 sqft
Floor
15th of 80
Parking
B2-29
Developer
DAMAC
Completed
2010
Service charge
AED 19,300 /yr
Last sold
AED 1.15M · May 2011

About 1504, Ocean Heights Tower

1504 is a one-bedroom apartment of 1,185 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 5 May 2011 for AED 1,149,000, or AED 969 per sqft, 26% below the AED 1,301 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 26 January 2026, is AED 100,000 a year: a gross yield of 8.7% on the 2011 price, before the service charge of about AED 19,300 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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 1,149,000 (AED 969 per sqft)Sold, May 2011: AED 1,149,000 (AED 969 per sqft)

1504 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, each contractTypical one-bed in Ocean Heights Tower
60K80K100K2012201620202024Typical 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, July 2015: AED 103,000 a yearNew contract, October 2016: AED 100,000 a yearRenewal, October 2017: AED 85,000 a yearRenewal, October 2018: AED 85,000 a yearRenewal, October 2019: AED 85,000 a yearNew contract, October 2022: AED 88,000 a yearNew contract, January 2026: AED 100,000 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 1504 sits

All 288 1-beds →

1504 last sold in May 2011 at AED 969 per sqft, 26% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,301). 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. 1504's AED 100,000 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 15th floor

All 581 units in Ocean Heights Tower
Value
15013-bedAED 1.71M · May 2011
15021-bedAED 2.08M · Apr 2011
15031-bedAED 1.5M · Feb 2026
15051-bedAED 1.44M · Jan 2025
15061-bedAED 1.35M · Nov 2017
15072-bedAED 2.11M · Oct 2011
15082-bedAED 1.88M · Oct 2013
1–7 of 9

1504, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 1,149,000, last on 5 May 2011 for AED 1,149,000 (AED 969 per sqft).
  • Rented since July 2015 on 7 Ejari contracts. The rent fell from AED 103,000 to AED 85,000 in 2019 and recovered to AED 100,000 by January 2026.
  • At AED 100,000 a year the gross yield on the 2011 price is 8.7%, before a service charge of about AED 19,300 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 26 January 2026.

Questions about 1504, Ocean Heights Tower

What did unit 1504 last sell for?

AED 1,149,000 on 5 May 2011: AED 969 per sqft for 1,185 sqft. The unit has 2 registered sales; the first was AED 1,149,000 in July 2009.

What is the rent for unit 1504?

AED 100,000 a year on the contract signed on 26 January 2026. The previous contract, from October 2022, was AED 88,000; the unit has been rented since July 2015.

How big is unit 1504?

1,185 sqft (110.1 sqm): a one-bedroom apartment on the 15th floor of a 80-storey tower completed in 2010.

What is unit 1504 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 1504, Ocean Heights Tower

Starts from the last sale price (AED 1.15M, 5 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,149,000
Deposit, UAE resident (20%)
AED 229,800
Deposit, non-resident (40%)
AED 459,600
Monthly over 25 years at 3.7%
AED 4,701

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