1-bed · 877 sqftOcean Heights Tower, Dubai Marina · 27th floor · completed 2010

2706, Ocean Heights Tower

Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 1.69M8 May 2013
Current rentAED 66K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2706, Ocean Heights Tower

What is 2706 worth today?

Last sold for AED 1,691,544 in 2013

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1 May 2023RentedRenewal
AED 66,000/yr12 months · AED 75 per sqft
1 May 2023RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
1 May 2022RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
1 May 2021RentedNew contract
AED 54,000/yr12 months · AED 62 per sqft
20 Dec 2020RentedNew contract
AED 54,000/yr12 months · AED 62 per sqft
25 Jan 2020RentedRenewal
AED 84,000/yr6 months · AED 96 per sqft
25 Jan 2019RentedNew contract
AED 84,000/yr12 months · AED 96 per sqft
24 Oct 2017RentedRenewal
AED 95,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
1-bed apartment
Size
877 sqft
Floor
27th of 80
Parking
nan
Developer
DAMAC
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 1.69M · May 2013

About 2706, Ocean Heights Tower

2706 is a one-bedroom apartment of 877 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 8 May 2013 for AED 1,691,544, or AED 1,928 per sqft, 59% above the AED 1,216 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 66,000 a year: a gross yield of 3.9% on the 2013 price, before the service charge of about AED 14,300 a year.

Sales and rents for 2706 over time

Sales
Unit 2706, 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, February 2010: AED 1,694,750 (AED 1,932 per sqft)Sold, May 2013: AED 1,691,544 (AED 1,928 per sqft)

2706 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2706, 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, June 2014: AED 95,000 a yearNew contract, June 2015: AED 95,000 a yearRenewal, September 2015: AED 95,000 a yearNew contract, October 2016: AED 95,000 a yearRenewal, October 2017: AED 95,000 a yearNew contract, January 2019: AED 84,000 a yearRenewal, January 2020: AED 84,000 a yearNew contract, December 2020: AED 54,000 a yearNew contract, May 2021: AED 54,000 a yearRenewal, May 2022: AED 60,000 a yearRenewal, May 2023: AED 66,000 a yearNew contract, May 2023: AED 60,000 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 2706 sits

All 288 1-beds →

2706 last sold in May 2013 at AED 1,928 per sqft, 59% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,216). 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. 2706's AED 66,000 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 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
27041-bedAED 1.4M · Sep 2013
27051-bedAED 1.25M · Aug 2023
27072-bedAED 900K · Mar 2020
27082-bedAED 2M · Nov 2013
1–7 of 8

2706, Ocean Heights Tower in numbers

  • Sold twice: first on 2 February 2010 for AED 1,694,750, last on 8 May 2013 for AED 1,691,544 (AED 1,928 per sqft).
  • Rented since June 2014 on 12 Ejari contracts. The rent fell from AED 95,000 to AED 54,000 in 2021 and recovered to AED 66,000 by May 2023.
  • At AED 66,000 a year the gross yield on the 2013 price is 3.9%, before a service charge of about AED 14,300 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 May 2023.

Questions about 2706, Ocean Heights Tower

What did unit 2706 last sell for?

AED 1,691,544 on 8 May 2013: AED 1,928 per sqft for 877 sqft. The unit has 2 registered sales; the first was AED 1,694,750 in February 2010.

What is the rent for unit 2706?

AED 66,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2023, was AED 60,000; the unit has been rented since June 2014.

How big is unit 2706?

877 sqft (81.5 sqm): a one-bedroom apartment on the 27th floor of a 80-storey tower completed in 2010.

What is unit 2706 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 2706, Ocean Heights Tower

Starts from the last sale price (AED 1.69M, 8 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,691,544
Deposit, UAE resident (20%)
AED 338,309
Deposit, non-resident (40%)
AED 676,618
Monthly over 25 years at 3.7%
AED 6,921

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