1-bed · 1,162 sqftOcean Heights Tower, Dubai Marina · 18th floor · completed 2010

1804, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1804 · DLD and Ejari recordsUpdated 28 November 2022
Last soldAED 1.05M28 November 2022
Current rentAED 56K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, Ocean Heights Tower

What is 1804 worth today?

Last sold for AED 1,050,000 in 2022

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28 Nov 2022SoldReady
AED 1,050,000AED 903 per sqft
1 Aug 2021RentedRenewal
AED 56,000/yr12 months · AED 48 per sqft
1 Aug 2020RentedNew contract
AED 56,000/yr12 months · AED 48 per sqft
5 Jan 2020RentedRenewal
AED 75,000/yr12 months · AED 65 per sqft
5 Jan 2019RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
26 Mar 2017RentedNew contract
AED 92,000/yr12 months · AED 79 per sqft
17 May 2014RentedNew contract
AED 84,000/yr12 months · AED 72 per sqft
2 Aug 2011SoldReady
AED 1,156,000AED 994 per sqft

Source: Dubai Land Department. Updated 28 November 2022.

Key facts

Type
1-bed apartment
Size
1,162 sqft
Floor
18th of 80
Parking
B2-44
Developer
DAMAC
Completed
2010
Service charge
AED 19,000 /yr
Last sold
AED 1.05M · November 2022

About 1804, Ocean Heights Tower

1804 is a one-bedroom apartment of 1,162 sqft on the 18th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 28 November 2022 for AED 1,050,000, or AED 903 per sqft, 17% below the AED 1,093 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 56,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 19,000 a year.

Sales and rents for 1804 over time

Sales
Unit 1804, 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 1,156,000 (AED 994 per sqft)Sold, August 2011: AED 1,156,000 (AED 994 per sqft)Sold, November 2022: AED 1,050,000 (AED 903 per sqft)

1804 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1804, 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, May 2014: AED 84,000 a yearNew contract, March 2017: AED 92,000 a yearNew contract, January 2019: AED 75,000 a yearRenewal, January 2020: AED 75,000 a yearNew contract, August 2020: AED 56,000 a yearRenewal, August 2021: AED 56,000 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 1804 sits

All 288 1-beds →

1804 last sold in November 2022 at AED 903 per sqft, 17% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,093). 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. 1804's AED 56,000 is at the bottom 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 18th floor

All 581 units in Ocean Heights Tower
Value
18013-bedAED 2.05M · Jul 2022
18021-bedAED 1.39M · Mar 2011
18031-bedAED 1.25M · Sep 2013
18051-bedAED 797K · Sep 2020
18061-bedAED 1.33M · Aug 2024
18072-bedAED 1.51M · Jul 2012
18082-bedAED 2M · Aug 2025
1–7 of 9

1804, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,156,000, last on 28 November 2022 for AED 1,050,000 (AED 903 per sqft).
  • Rented since May 2014 on 6 Ejari contracts, from AED 84,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 19,000 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 28 November 2022.

Questions about 1804, Ocean Heights Tower

What did unit 1804 last sell for?

AED 1,050,000 on 28 November 2022: AED 903 per sqft for 1,162 sqft. The unit has 3 registered sales; the first was AED 1,156,000 in July 2009.

What is the rent for unit 1804?

AED 56,000 a year on the contract renewed on 1 August 2021. The previous contract, from August 2020, was AED 56,000; the unit has been rented since May 2014.

How big is unit 1804?

1,162 sqft (108.0 sqm): a one-bedroom apartment on the 18th floor of a 80-storey tower completed in 2010.

What is unit 1804 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 1804, Ocean Heights Tower

Starts from the last sale price (AED 1.05M, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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