1-bed · 883 sqftOcean Heights Tower, Dubai Marina · 23rd floor · completed 2010

2305, Ocean Heights Tower

Sold prices and rental history: sold 7 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 28 November 2023
Last soldAED 1.23M28 November 2023
Current rentAED 90K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, Ocean Heights Tower

What is 2305 worth today?

Last sold for AED 1,225,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Nov 2023SoldReady
AED 1,225,000AED 1,387 per sqft
14 Apr 2023SoldReady
AED 1,010,000AED 1,143 per sqft
21 Nov 2022SoldReady
AED 1,275,000AED 1,443 per sqft
15 Jul 2022RentedNew contract
AED 90,000/yr12 months · AED 102 per sqft
8 Aug 2019SoldReady
AED 915,000AED 1,036 per sqft
25 Feb 2019RentedNew contract
AED 85,000/yr12 months · AED 96 per sqft
26 Aug 2017RentedRenewal
AED 90,000/yr12 months · AED 102 per sqft
26 Aug 2016RentedNew contract
AED 90,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 28 November 2023.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
23rd of 80
Parking
B3-8
Developer
DAMAC
Completed
2010
Service charge
AED 14,400 /yr
Last sold
AED 1.23M · November 2023

About 2305, Ocean Heights Tower

2305 is a one-bedroom apartment of 883 sqft on the 23rd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 28 November 2023 for AED 1,225,000, or AED 1,387 per sqft, 7% above the AED 1,294 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 July 2022, is AED 90,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 14,400 a year.

Sales and rents for 2305 over time

Sales
Unit 2305, 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 879,000 (AED 995 per sqft)Sold, October 2012: AED 879,000 (AED 995 per sqft)Sold, October 2012: AED 970,000 (AED 1,098 per sqft)Sold, August 2019: AED 915,000 (AED 1,036 per sqft)Sold, November 2022: AED 1,275,000 (AED 1,443 per sqft)Sold, April 2023: AED 1,010,000 (AED 1,143 per sqft)Sold, November 2023: AED 1,225,000 (AED 1,387 per sqft)

2305 has sold 7 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2305, each contractTypical one-bed in Ocean Heights Tower
60K80K100K2012201620202024Typical 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, November 2013: AED 105,000 a yearNew contract, January 2015: AED 105,000 a yearNew contract, August 2016: AED 90,000 a yearRenewal, August 2017: AED 90,000 a yearNew contract, February 2019: AED 85,000 a yearNew contract, July 2022: AED 90,000 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 2305 sits

All 288 1-beds →

2305 last sold in November 2023 at AED 1,387 per sqft, 7% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,294). 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. 2305's AED 90,000 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 23rd floor

All 581 units in Ocean Heights Tower
Value
23013-bedAED 3.3M · Feb 2013
23021-bedAED 1.43M · Feb 2024
23031-bedAED 1.54M · Aug 2011
23041-bedAED 1.38M · Apr 2015
23061-bedAED 1.53M · Aug 2011
23072-bedAED 2.11M · Jul 2011
23082-bedAED 1.65M · May 2012
1–7 of 8

2305, Ocean Heights Tower in numbers

  • Sold 7 times: first on 8 July 2009 for AED 879,000, last on 28 November 2023 for AED 1,225,000 (AED 1,387 per sqft).
  • Rented since November 2013 on 6 Ejari contracts, from AED 105,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 14,400 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 28 November 2023.

Questions about 2305, Ocean Heights Tower

What did unit 2305 last sell for?

AED 1,225,000 on 28 November 2023: AED 1,387 per sqft for 883 sqft. The unit has 7 registered sales; the first was AED 879,000 in July 2009.

What is the rent for unit 2305?

AED 90,000 a year on the contract signed on 15 July 2022. The previous contract, from February 2019, was AED 85,000; the unit has been rented since November 2013.

How big is unit 2305?

883 sqft (82.0 sqm): a one-bedroom apartment on the 23rd floor of a 80-storey tower completed in 2010.

What is unit 2305 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.

Selling 2305? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2305, Ocean Heights Tower

Starts from the last sale price (AED 1.23M, 28 November 2023). 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 →