3-bed · 1,573 sqftOcean Heights Tower, Dubai Marina · 15th floor · completed 2010

1509, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in September 2012, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 29 August 2025
Last soldAED 1.54M3 September 2012
Current rentAED 170K /yr29 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Ocean Heights Tower

What is 1509 worth today?

Last sold for AED 1,536,000 in 2012

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29 Aug 2025RentedNew contract
AED 170,000/yr12 months · AED 108 per sqft
1 Jun 2024RentedNew contract
AED 175,000/yr12 months · AED 111 per sqft
1 Jun 2024RentedNew contract
AED 175,000/yr12 months · AED 111 per sqft
1 Jun 2023RentedNew contract
AED 165,000/yr12 months · AED 105 per sqft
13 Jul 2022RentedRenewal
AED 108,000/yr9 months · AED 69 per sqft
13 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
13 Jul 2020RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft
3 Sep 2012SoldReady
AED 1,536,000AED 976 per sqft

Source: Dubai Land Department. Updated 29 August 2025.

Key facts

Type
3-bed apartment
Size
1,573 sqft
Floor
15th of 80
Parking
B2-65B & B2-65A
Developer
DAMAC
Completed
2010
Service charge
AED 25,700 /yr
Last sold
AED 1.54M · September 2012

About 1509, Ocean Heights Tower

1509 is a three-bedroom apartment of 1,573 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 September 2012 for AED 1,536,000, or AED 976 per sqft, 39% below the AED 1,609 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 29 August 2025, is AED 170,000 a year: a gross yield of 11.1% on the 2012 price, before the service charge of about AED 25,700 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, each saleTypical three-bed in Ocean Heights Tower
2M3M4M2009201420192024Typical sale price by year: 2009 AED 3,184,501; 2010 AED 2,307,360; 2011 AED 3,226,000; 2012 AED 2,355,375; 2013 AED 2,800,000; 2014 AED 3,700,000; 2017 AED 2,300,000; 2018 AED 3,050,500; 2020 AED 1,565,000; 2021 AED 2,150,000; 2022 AED 2,050,000; 2023 AED 2,500,000; 2024 AED 2,600,000; 2026 AED 3,000,000Sold by developer, July 2009: AED 2,113,000 (AED 1,343 per sqft)Sold, June 2012: AED 2,265,796 (AED 1,440 per sqft)Sold, September 2012: AED 1,536,000 (AED 976 per sqft)

1509 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1509, each contractTypical three-bed in Ocean Heights Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 150,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 187,500; 2017 AED 175,000; 2018 AED 155,000; 2019 AED 137,500; 2020 AED 125,000; 2021 AED 118,500; 2022 AED 145,000; 2023 AED 160,000; 2024 AED 178,997; 2025 AED 190,000; 2026 AED 175,000New contract, July 2020: AED 90,000 a yearRenewal, July 2021: AED 90,000 a yearRenewal, July 2022: AED 108,000 a yearNew contract, June 2023: AED 165,000 a yearNew contract, June 2024: AED 175,000 a yearNew contract, June 2024: AED 175,000 a yearNew contract, August 2025: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Ocean Heights Tower, and where 1509 sits

All 72 3-beds →

1509 last sold in September 2012 at AED 976 per sqft, 39% below what three-beds in Ocean Heights Tower were fetching at the time (AED 1,609). Over the last 12 months three-beds sold for AED 1,500,000 to 3,938,750, around AED 1,770 per sqft, and rent for AED 150,000 to 246,750 a year. 1509's AED 170,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,800,000
13 Oct 20262,800,000
6 Oct 20261,500,000
1 Oct 20262,741,952
9 3-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
15041-bedAED 1.15M · May 2011
15051-bedAED 1.44M · Jan 2025
15061-bedAED 1.35M · Nov 2017
15072-bedAED 2.11M · Oct 2011
1–7 of 9

1509, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 2,113,000, last on 3 September 2012 for AED 1,536,000 (AED 976 per sqft).
  • Rented since July 2020 on 7 Ejari contracts, from AED 90,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2012 price is 11.1%, before a service charge of about AED 25,700 a year (AED 16.32 per sqft).
  • Three-beds in Ocean Heights Tower sold for AED 1,500,000–3,938,750 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 29 August 2025.

Questions about 1509, Ocean Heights Tower

What did unit 1509 last sell for?

AED 1,536,000 on 3 September 2012: AED 976 per sqft for 1,573 sqft. The unit has 3 registered sales; the first was AED 2,113,000 in July 2009.

What is the rent for unit 1509?

AED 170,000 a year on the contract signed on 29 August 2025. The previous contract, from June 2024, was AED 175,000; the unit has been rented since July 2020.

How big is unit 1509?

1,573 sqft (146.1 sqm): a three-bedroom apartment on the 15th floor of a 80-storey tower completed in 2010.

What is unit 1509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ocean Heights Tower sold for AED 1,500,000 to 3,938,750 in the last 12 months, around AED 1,770 per sqft.

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Mortgage on 1509, Ocean Heights Tower

Starts from the last sale price (AED 1.54M, 3 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,536,000
Deposit, UAE resident (20%)
AED 307,200
Deposit, non-resident (40%)
AED 614,400
Monthly over 25 years at 3.7%
AED 6,284

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