1603, Ocean Heights Tower
Sold prices and rental history: sold 5 times, last in June 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Ocean Heights Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,064 sqft
- Floor
- 16th of 80
- Parking
- B2-33
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.23M · June 2018
- Building
- Ocean Heights Tower
About 1603, Ocean Heights Tower
1603 is a one-bedroom apartment of 1,064 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 4 June 2018 for AED 1,225,000, or AED 1,151 per sqft, 7% below the AED 1,244 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 September 2026, is AED 85,000 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1603 over time
1603 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 1603 sits
All 288 1-beds →1603 last sold in June 2018 at AED 1,151 per sqft, 7% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,244). 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. 1603's AED 85,000 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 16th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,605 sqft | AED 2.15MAED 2,150,000 · Mar 2013March 2013 | 170,000 /yr | |
| 1602 | 1-bed | 1,109 sqft | AED 1.35MAED 1,350,000 · Apr 2024April 2024 | 93,000 /yr | |
| 1604 | 1-bed | 1,184 sqft | AED 1.15MAED 1,151,000 · Jan 2012January 2012 | 110,000 /yr | |
| 1605 | 1-bed | 880 sqft | AED 3.31MAED 3,309,240 · Jul 2011July 2011 | 80,580 /yr | |
| 1606 | 1-bed | 878 sqft | AED 1.39MAED 1,388,903 · Apr 2012April 2012 | 90,000 /yr | |
| 1607 | 2-bed | 1,342 sqft | AED 1.85MAED 1,850,000 · Oct 2024October 2024 | 99,300 /yr | |
| 1608 | 2-bed | 1,253 sqft | AED 1.75MAED 1,748,000 · Jul 2011July 2011 | 121,000 /yr | |
| 1609 | 3-bed | 1,523 sqft | AED 2.14MAED 2,137,957 · Jul 2011July 2011 | 150,000 /yr | |
| 1610 | 1-bed | 923 sqft | AED 1.57MAED 1,570,000 · Apr 2023April 2023 | 100,000 /yr |
1603, Ocean Heights Tower in numbers
- Sold 5 times: first on 8 July 2009 for AED 1,528,000, last on 4 June 2018 for AED 1,225,000 (AED 1,151 per sqft).
- Rented since December 2015 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2021 and recovered to AED 85,000 by September 2026.
- At AED 85,000 a year the gross yield on the 2018 price is 6.9%, before a service charge of about AED 17,400 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 September 2026.
Questions about 1603, Ocean Heights Tower
What did unit 1603 last sell for?
AED 1,225,000 on 4 June 2018: AED 1,151 per sqft for 1,064 sqft. The unit has 5 registered sales; the first was AED 1,528,000 in July 2009.
What is the rent for unit 1603?
AED 85,000 a year on the contract signed on 1 September 2026. The previous contract, from June 2025, was AED 105,000; the unit has been rented since December 2015.
How big is unit 1603?
1,064 sqft (98.8 sqm): a one-bedroom apartment on the 16th floor of a 80-storey tower completed in 2010.
What is unit 1603 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 1603, Ocean Heights Tower
Starts from the last sale price (AED 1.23M, 4 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,225,000
- Deposit, UAE resident (20%)
- AED 245,000
- Deposit, non-resident (40%)
- AED 490,000
- Monthly over 25 years at 3.7%
- AED 5,012
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →