1506, Ocean Heights Tower
Sold prices and rental history: sold 5 times, last in November 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Ocean Heights Tower
What is 1506 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 878 sqft
- Floor
- 15th of 80
- Parking
- B2-30
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 1.35M · November 2017
- Building
- Ocean Heights Tower
About 1506, Ocean Heights Tower
1506 is a one-bedroom apartment of 878 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 1 November 2017 for AED 1,350,000, or AED 1,537 per sqft, 13% above the AED 1,366 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 1 August 2025, is AED 97,500 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 14,300 a year.
Sales and rents for 1506 over time
1506 has sold 5 times; 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 1506 sits
All 288 1-beds →1506 last sold in November 2017 at AED 1,537 per sqft, 13% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,366). 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. 1506's AED 97,500 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 | |
| 1502 | 1-bed | 1,110 sqft | AED 2.08MAED 2,076,000 · Apr 2011April 2011 | 88,000 /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 | |
| 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 |
1506, Ocean Heights Tower in numbers
- Sold 5 times: first on 8 July 2009 for AED 1,515,000, last on 1 November 2017 for AED 1,350,000 (AED 1,537 per sqft).
- Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 58,000 in 2020 and recovered to AED 97,500 by August 2025.
- At AED 97,500 a year the gross yield on the 2017 price is 7.2%, 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 August 2025.
Questions about 1506, Ocean Heights Tower
What did unit 1506 last sell for?
AED 1,350,000 on 1 November 2017: AED 1,537 per sqft for 878 sqft. The unit has 5 registered sales; the first was AED 1,515,000 in July 2009.
What is the rent for unit 1506?
AED 97,500 a year on the contract signed on 1 August 2025. The previous contract, from August 2025, was AED 97,500; the unit has been rented since November 2018.
How big is unit 1506?
878 sqft (81.6 sqm): a one-bedroom apartment on the 15th floor of a 80-storey tower completed in 2010.
What is unit 1506 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 1506, Ocean Heights Tower
Starts from the last sale price (AED 1.35M, 1 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →