1-bed · 1,174 sqftOcean Heights Tower, Dubai Marina · 20th floor · completed 2010

2004, Ocean Heights Tower

Sold prices and rental history: sold twice, last in April 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 1.16M10 April 2011
Current rentAED 67K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Ocean Heights Tower

What is 2004 worth today?

Last sold for AED 1,161,000 in 2011

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15 Jan 2024RentedRenewal
AED 67,000/yr12 months · AED 57 per sqft
15 Jan 2024RentedRenewal
AED 67,000/yr12 months · AED 57 per sqft
15 Jan 2023RentedNew contract
AED 63,800/yr12 months · AED 54 per sqft
15 Jan 2022RentedRenewal
AED 58,000/yr12 months · AED 49 per sqft
15 Jan 2021RentedNew contract
AED 58,000/yr12 months · AED 49 per sqft
21 Jan 2020RentedNew contract
AED 74,000/yr12 months · AED 63 per sqft
21 Dec 2017RentedNew contract
AED 90,000/yr12 months · AED 77 per sqft
8 Sep 2016RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
1-bed apartment
Size
1,174 sqft
Floor
20th of 80
Parking
B2-53
Developer
DAMAC
Completed
2010
Service charge
AED 19,200 /yr
Last sold
AED 1.16M · April 2011

About 2004, Ocean Heights Tower

2004 is a one-bedroom apartment of 1,174 sqft on the 20th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 10 April 2011 for AED 1,161,000, or AED 988 per sqft, 27% below the AED 1,356 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 67,000 a year: a gross yield of 5.8% on the 2011 price, before the service charge of about AED 19,200 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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 1,161,000 (AED 988 per sqft)Sold, April 2011: AED 1,161,000 (AED 988 per sqft)

2004 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2004, 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, September 2016: AED 105,000 a yearNew contract, December 2017: AED 90,000 a yearNew contract, January 2020: AED 74,000 a yearNew contract, January 2021: AED 58,000 a yearRenewal, January 2022: AED 58,000 a yearNew contract, January 2023: AED 63,800 a yearRenewal, January 2024: AED 67,000 a yearRenewal, January 2024: AED 67,000 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 2004 sits

All 288 1-beds →

2004 last sold in April 2011 at AED 988 per sqft, 27% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,356). 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. 2004's AED 67,000 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 20th floor

All 581 units in Ocean Heights Tower
Value
20013-bedAED 1.8M · Dec 2022
20021-bedAED 1.57M · Sep 2025
20031-bedAED 1.48M · Mar 2014
20051-bedAED 1.05M · Sep 2011
20061-bedAED 1.06M · Sep 2011
20072-bedAED 1.8M · Jun 2023
20082-bedAED 1.55M · Sep 2013
1–7 of 9

2004, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 1,161,000, last on 10 April 2011 for AED 1,161,000 (AED 988 per sqft).
  • Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 58,000 in 2022 and recovered to AED 67,000 by January 2024.
  • At AED 67,000 a year the gross yield on the 2011 price is 5.8%, before a service charge of about AED 19,200 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 15 January 2024.

Questions about 2004, Ocean Heights Tower

What did unit 2004 last sell for?

AED 1,161,000 on 10 April 2011: AED 988 per sqft for 1,174 sqft. The unit has 2 registered sales; the first was AED 1,161,000 in July 2009.

What is the rent for unit 2004?

AED 67,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2024, was AED 67,000; the unit has been rented since September 2016.

How big is unit 2004?

1,174 sqft (109.1 sqm): a one-bedroom apartment on the 20th floor of a 80-storey tower completed in 2010.

What is unit 2004 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 2004, Ocean Heights Tower

Starts from the last sale price (AED 1.16M, 10 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,161,000
Deposit, UAE resident (20%)
AED 232,200
Deposit, non-resident (40%)
AED 464,400
Monthly over 25 years at 3.7%
AED 4,750

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