5005, Ocean Heights Tower
Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5005, Ocean Heights Tower
What is 5005 worth today?
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Source: Dubai Land Department. Updated 21 September 2015.
Key facts
- Type
- 1-bed apartment
- Size
- 926 sqft
- Floor
- 50th of 80
- Parking
- P2-17
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 15,100 /yr
- Last sold
- AED 1.15M · December 2011
- Building
- Ocean Heights Tower
About 5005, Ocean Heights Tower
5005 is a one-bedroom apartment of 926 sqft on the 50th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 22 December 2011 for AED 1,152,000, or AED 1,244 per sqft, in line with the AED 1,263 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 21 September 2015, is AED 71,105 a year: a gross yield of 6.2% on the 2011 price, before the service charge of about AED 15,100 a year.
Sales and rents for 5005 over time
5005 has sold twice; the dashed line is the one-bed median of each year in the building.
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 5005 sits
All 288 1-beds →5005 last sold in December 2011 at AED 1,244 per sqft, in line with what one-beds in Ocean Heights Tower were fetching at the time (AED 1,263). 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. 5005's AED 71,105 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,422 sqft | 2,800,000 | 1,969 | ||
| 24 Jul 202624 July 2026 | 885 sqft | 1,300,000 | 1,468 | ||
| 14 Jul 202614 July 2026 | 826 sqft | 1,253,115 | 1,517 | ||
| 11 Jun 202611 June 2026 | 1,053 sqft | 2,030,000 | 1,927 |
Ocean Heights Tower
Building581 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%
Other units on the 50th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | 3-bed | 2,273 sqft | AED 3MAED 3,000,000 · Dec 2023December 2023 | ||
| 5002 | 2-bed | 1,114 sqft | AED 1.7MAED 1,703,000 · Jun 2011June 2011 | ||
| 5003 | 2-bed | 1,608 sqft | AED 2.1MAED 2,100,000 · Oct 2022October 2022 | 150,000 /yr | |
| 5004 | 1-bed | 915 sqft | AED 1.53MAED 1,525,000 · Nov 2024November 2024 | 90,000 /yr | |
| 5006 | 2-bed | 1,582 sqft | AED 2.68MAED 2,680,000 · Sep 2024September 2024 | 135,000 /yr | |
| 5007 | 3-bed | 1,687 sqft | AED 6.45MAED 6,450,830 · Mar 2011March 2011 | 165,002 /yr |
5005, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 1,152,000, last on 22 December 2011 for AED 1,152,000 (AED 1,244 per sqft).
- Rented since September 2012 on 4 Ejari contracts, from AED 65,000 to AED 71,105 a year.
- At AED 71,105 a year the gross yield on the 2011 price is 6.2%, before a service charge of about AED 15,100 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 21 September 2015.
Questions about 5005, Ocean Heights Tower
What did unit 5005 last sell for?
AED 1,152,000 on 22 December 2011: AED 1,244 per sqft for 926 sqft. The unit has 2 registered sales; the first was AED 1,152,000 in July 2009.
What is the rent for unit 5005?
AED 71,105 a year on the contract renewed on 21 September 2015. The previous contract, from September 2014, was AED 71,105; the unit has been rented since September 2012.
How big is unit 5005?
926 sqft (86.0 sqm): a one-bedroom apartment on the 50th floor of a 80-storey tower completed in 2010.
What is unit 5005 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 5005, Ocean Heights Tower
Starts from the last sale price (AED 1.15M, 22 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,152,000
- Deposit, UAE resident (20%)
- AED 230,400
- Deposit, non-resident (40%)
- AED 460,800
- Monthly over 25 years at 3.7%
- AED 4,713
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →