1-bed · 1,109 sqftOcean Heights Tower, Dubai Marina · 16th floor · completed 2010

1602, Ocean Heights Tower

Sold prices and rental history: sold 6 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 1.35M16 April 2024
Current rentAED 93K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Ocean Heights Tower

What is 1602 worth today?

Last sold for AED 1,350,000 in 2024

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10 Aug 2026RentedNew contract
AED 93,000/yr12 months · AED 84 per sqft
30 Jun 2025RentedNew contract
AED 105,000/yr12 months · AED 95 per sqft
30 Jun 2025RentedNew contract
AED 105,000/yr12 months · AED 95 per sqft
25 May 2024RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
25 May 2024RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
16 Apr 2024SoldReady
AED 1,350,000AED 1,217 per sqft
25 Apr 2023RentedRenewal
AED 72,755/yr10 months · AED 66 per sqft
25 Apr 2022RentedRenewal
AED 69,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
1-bed apartment
Size
1,109 sqft
Floor
16th of 80
Parking
B2-32
Developer
DAMAC
Completed
2010
Service charge
AED 18,100 /yr
Last sold
AED 1.35M · April 2024

About 1602, Ocean Heights Tower

1602 is a one-bedroom apartment of 1,109 sqft on the 16th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 16 April 2024 for AED 1,350,000, or AED 1,217 per sqft, 11% below the AED 1,362 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, signed on 10 August 2026, is AED 93,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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 1,369,000 (AED 1,234 per sqft)Sold, September 2012: AED 950,000 (AED 856 per sqft)Sold, September 2012: AED 1,369,000 (AED 1,234 per sqft)Sold, April 2013: AED 1,225,000 (AED 1,104 per sqft)Sold, October 2017: AED 1,350,000 (AED 1,217 per sqft)Sold, April 2024: AED 1,350,000 (AED 1,217 per sqft)

1602 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Ocean Heights Tower
50K75K100K2012201620202024Typical 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, June 2013: AED 95,000 a yearNew contract, June 2014: AED 95,256 a yearRenewal, May 2015: AED 108,000 a yearRenewal, May 2016: AED 107,701 a yearNew contract, February 2018: AED 95,000 a yearRenewal, February 2019: AED 85,000 a yearNew contract, March 2020: AED 69,000 a yearRenewal, March 2021: AED 55,385 a yearRenewal, April 2022: AED 69,000 a yearRenewal, April 2023: AED 72,755 a yearNew contract, May 2024: AED 110,000 a yearNew contract, May 2024: AED 110,000 a yearNew contract, June 2025: AED 105,000 a yearNew contract, June 2025: AED 105,000 a yearNew contract, August 2026: AED 93,000 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 1602 sits

All 288 1-beds →

1602 last sold in April 2024 at AED 1,217 per sqft, 11% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,362). 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. 1602's AED 93,000 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 16th floor

All 581 units in Ocean Heights Tower
Value
16013-bedAED 2.15M · Mar 2013
16031-bedAED 1.23M · Jun 2018
16041-bedAED 1.15M · Jan 2012
16051-bedAED 3.31M · Jul 2011
16061-bedAED 1.39M · Apr 2012
16072-bedAED 1.85M · Oct 2024
16082-bedAED 1.75M · Jul 2011
1–7 of 9

1602, Ocean Heights Tower in numbers

  • Sold 6 times: first on 8 July 2009 for AED 1,369,000, last on 16 April 2024 for AED 1,350,000 (AED 1,217 per sqft).
  • Rented since June 2013 on 15 Ejari contracts. The rent fell from AED 95,000 to AED 55,385 in 2021 and recovered to AED 93,000 by August 2026.
  • At AED 93,000 a year the gross yield on the 2024 price is 6.9%, 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 10 August 2026.

Questions about 1602, Ocean Heights Tower

What did unit 1602 last sell for?

AED 1,350,000 on 16 April 2024: AED 1,217 per sqft for 1,109 sqft. The unit has 6 registered sales; the first was AED 1,369,000 in July 2009.

What is the rent for unit 1602?

AED 93,000 a year on the contract signed on 10 August 2026. The previous contract, from June 2025, was AED 105,000; the unit has been rented since June 2013.

How big is unit 1602?

1,109 sqft (103.0 sqm): a one-bedroom apartment on the 16th floor of a 80-storey tower completed in 2010.

What is unit 1602 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 1602, Ocean Heights Tower

Starts from the last sale price (AED 1.35M, 16 April 2024). 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 →