2-bed · 1,353 sqftOcean Heights Tower, Dubai Marina · 20th floor · completed 2010

2007, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2007 · DLD and Ejari recordsUpdated 22 June 2023
Last soldAED 1.8M22 June 2023
Current rentAED 95K /yr15 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2007, Ocean Heights Tower

What is 2007 worth today?

Last sold for AED 1,800,000 in 2023

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22 Jun 2023SoldReady
AED 1,800,000AED 1,330 per sqft
15 Dec 2019RentedRenewal
AED 95,000/yr12 months · AED 70 per sqft
15 Dec 2018RentedNew contract
AED 105,000/yr12 months · AED 77 per sqft
29 Oct 2017RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
5 Jul 2016RentedNew contract
AED 135,000/yr12 months · AED 100 per sqft
20 Jan 2016RentedNew contract
AED 138,000/yr12 months · AED 102 per sqft
1 Dec 2013RentedNew contract
AED 130,000/yr12 months · AED 96 per sqft
4 Sep 2011SoldReady
AED 1,830,641AED 1,352 per sqft

Source: Dubai Land Department. Updated 22 June 2023.

Key facts

Type
2-bed apartment
Size
1,353 sqft
Floor
20th of 80
Parking
B3-86
Developer
DAMAC
Completed
2010
Service charge
AED 22,100 /yr
Last sold
AED 1.8M · June 2023

About 2007, Ocean Heights Tower

2007 is a two-bedroom apartment of 1,353 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 22 June 2023 for AED 1,800,000, or AED 1,330 per sqft, in line with the AED 1,313 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 December 2019, is AED 95,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 22,100 a year.

Sales and rents for 2007 over time

Sales
Unit 2007, each saleTypical two-bed in Ocean Heights Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,070,000; 2010 AED 2,329,625; 2011 AED 2,070,000; 2012 AED 1,864,018; 2013 AED 2,137,800; 2014 AED 2,800,000; 2015 AED 2,000,000; 2016 AED 2,012,500; 2017 AED 1,995,000; 2018 AED 1,997,500; 2019 AED 1,250,000; 2020 AED 1,035,000; 2021 AED 1,225,000; 2022 AED 1,800,000; 2023 AED 1,800,000; 2024 AED 2,025,000; 2025 AED 2,250,000; 2026 AED 2,000,000Sold by developer, July 2009: AED 1,896,200 (AED 1,401 per sqft)Sold, September 2011: AED 1,830,641 (AED 1,352 per sqft)Sold, June 2023: AED 1,800,000 (AED 1,330 per sqft)

2007 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2007, each contractTypical two-bed in Ocean Heights Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 120,000; 2014 AED 140,000; 2015 AED 143,325; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 121,000; 2019 AED 106,000; 2020 AED 88,500; 2021 AED 88,000; 2022 AED 97,608; 2023 AED 115,000; 2024 AED 121,000; 2025 AED 130,000; 2026 AED 130,000New contract, December 2013: AED 130,000 a yearNew contract, January 2016: AED 138,000 a yearNew contract, July 2016: AED 135,000 a yearNew contract, October 2017: AED 120,000 a yearNew contract, December 2018: AED 105,000 a yearRenewal, December 2019: AED 95,000 a year

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

2-beds in Ocean Heights Tower, and where 2007 sits

All 203 2-beds →

2007 last sold in June 2023 at AED 1,330 per sqft, in line with what two-beds in Ocean Heights Tower were fetching at the time (AED 1,313). Over the last 12 months two-beds sold for AED 1,700,000 to 3,100,000, around AED 1,572 per sqft, and rent for AED 90,000 to 200,000 a year. 2007's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jul 20261,800,000
25 Jun 20261,700,000
10 Jun 20262,000,000
3 Feb 20262,100,000
6 2-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
20041-bedAED 1.16M · Apr 2011
20051-bedAED 1.05M · Sep 2011
20061-bedAED 1.06M · Sep 2011
20082-bedAED 1.55M · Sep 2013
1–7 of 9

2007, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,896,200, last on 22 June 2023 for AED 1,800,000 (AED 1,330 per sqft).
  • Rented since December 2013 on 6 Ejari contracts, from AED 130,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 22,100 a year (AED 16.32 per sqft).
  • Two-beds in Ocean Heights Tower sold for AED 1,700,000–3,100,000 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 22 June 2023.

Questions about 2007, Ocean Heights Tower

What did unit 2007 last sell for?

AED 1,800,000 on 22 June 2023: AED 1,330 per sqft for 1,353 sqft. The unit has 3 registered sales; the first was AED 1,896,200 in July 2009.

What is the rent for unit 2007?

AED 95,000 a year on the contract renewed on 15 December 2019. The previous contract, from December 2018, was AED 105,000; the unit has been rented since December 2013.

How big is unit 2007?

1,353 sqft (125.7 sqm): a two-bedroom apartment on the 20th floor of a 80-storey tower completed in 2010.

What is unit 2007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Heights Tower sold for AED 1,700,000 to 3,100,000 in the last 12 months, around AED 1,572 per sqft.

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Mortgage on 2007, Ocean Heights Tower

Starts from the last sale price (AED 1.8M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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