1-bed · 1,158 sqftOcean Heights Tower, Dubai Marina · 27th floor · completed 2010

2704, Ocean Heights Tower

Sold prices and rental history: sold 4 times, last in September 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.4M10 September 2013
Current rentAED 143K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Ocean Heights Tower

What is 2704 worth today?

Last sold for AED 1,400,000 in 2013

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1 Sep 2024RentedRenewal
AED 142,500/yr12 months · AED 123 per sqft
1 Sep 2024RentedRenewal
AED 142,500/yr12 months · AED 123 per sqft
1 Sep 2023RentedNew contract
AED 130,000/yr12 months · AED 112 per sqft
1 May 2023RentedRenewal
AED 67,412/yr2 months · AED 58 per sqft
1 May 2022RentedRenewal
AED 67,200/yr12 months · AED 58 per sqft
1 May 2021RentedRenewal
AED 64,000/yr12 months · AED 55 per sqft
1 May 2020RentedNew contract
AED 64,000/yr12 months · AED 55 per sqft
17 Apr 2019RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
1,158 sqft
Floor
27th of 80
Parking
B3-24
Developer
DAMAC
Completed
2010
Service charge
AED 18,900 /yr
Last sold
AED 1.4M · September 2013

About 2704, Ocean Heights Tower

2704 is a one-bedroom apartment of 1,158 sqft on the 27th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 10 September 2013 for AED 1,400,000, or AED 1,208 per sqft, 3% below the AED 1,249 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 142,500 a year: a gross yield of 10.2% on the 2013 price, before the service charge of about AED 18,900 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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 2011: AED 1,199,000 (AED 1,035 per sqft)Sold, December 2011: AED 1,000,000 (AED 863 per sqft)Sold, June 2013: AED 1,270,000 (AED 1,096 per sqft)Sold, September 2013: AED 1,400,000 (AED 1,208 per sqft)

2704 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2704, each contractTypical one-bed in Ocean Heights Tower
50K100K150K2012201620202024Typical 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 2012: AED 69,000 a yearNew contract, October 2013: AED 95,000 a yearNew contract, October 2014: AED 115,000 a yearNew contract, March 2016: AED 110,000 a yearRenewal, March 2017: AED 110,000 a yearNew contract, March 2018: AED 105,000 a yearNew contract, April 2019: AED 80,000 a yearNew contract, May 2020: AED 64,000 a yearRenewal, May 2021: AED 64,000 a yearRenewal, May 2022: AED 67,200 a yearRenewal, May 2023: AED 67,412 a yearNew contract, September 2023: AED 130,000 a yearRenewal, September 2024: AED 142,500 a yearRenewal, September 2024: AED 142,500 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 2704 sits

All 288 1-beds →

2704 last sold in September 2013 at AED 1,208 per sqft, 3% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,249). 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. 2704's AED 142,500 is in the upper 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 27th floor

All 581 units in Ocean Heights Tower
Value
27013-bedAED 2.8M · Oct 2026
27021-bedAED 875K · Mar 2012
27031-bedAED 1.37M · Aug 2016
27051-bedAED 1.25M · Aug 2023
27061-bedAED 1.69M · May 2013
27072-bedAED 900K · Mar 2020
27082-bedAED 2M · Nov 2013
1–7 of 8

2704, Ocean Heights Tower in numbers

  • Sold 4 times: first on 27 July 2011 for AED 1,199,000, last on 10 September 2013 for AED 1,400,000 (AED 1,208 per sqft).
  • Rented since September 2012 on 14 Ejari contracts, from AED 69,000 to AED 142,500 a year.
  • At AED 142,500 a year the gross yield on the 2013 price is 10.2%, before a service charge of about AED 18,900 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 2024.

Questions about 2704, Ocean Heights Tower

What did unit 2704 last sell for?

AED 1,400,000 on 10 September 2013: AED 1,208 per sqft for 1,158 sqft. The unit has 4 registered sales; the first was AED 1,199,000 in July 2011.

What is the rent for unit 2704?

AED 142,500 a year on the contract renewed on 1 September 2024. The previous contract, from September 2024, was AED 142,500; the unit has been rented since September 2012.

How big is unit 2704?

1,158 sqft (107.6 sqm): a one-bedroom apartment on the 27th floor of a 80-storey tower completed in 2010.

What is unit 2704 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 2704, Ocean Heights Tower

Starts from the last sale price (AED 1.4M, 10 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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