502, Ocean Heights Tower
Sold prices and rental history: sold 4 times, last in March 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Ocean Heights Tower
What is 502 worth today?
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Source: Dubai Land Department. Updated 18 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,116 sqft
- Floor
- 5th of 80
- Parking
- B1-36
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1M · March 2019
- Building
- Ocean Heights Tower
About 502, Ocean Heights Tower
502 is a one-bedroom apartment of 1,116 sqft on the 5th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 27 March 2019 for AED 1,000,000, or AED 896 per sqft, 26% below the AED 1,216 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 18 July 2026, is AED 75,000 a year: a gross yield of 7.5% on the 2019 price, before the service charge of about AED 18,200 a year.
Sales and rents for 502 over time
502 has sold 4 times; 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 502 sits
All 288 1-beds →502 last sold in March 2019 at AED 896 per sqft, 26% below 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. 502's AED 75,000 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 5th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,857 sqft | AED 1.57MAED 1,565,000 · Dec 2011December 2011 | 135,000 /yr | |
| 503 | 1-bed | 1,019 sqft | AED 1.1MAED 1,100,000 · Jan 2013January 2013 | 95,000 /yr | |
| 504 | 1-bed | 1,291 sqft | AED 2.76MAED 2,760,142 · Aug 2011August 2011 | 75,000 /yr | |
| 505 | 1-bed | 826 sqft | AED 1.25MAED 1,253,115 · Jul 2026July 2026 | 100,000 /yr | |
| 506 | 1-bed | 877 sqft | AED 872KAED 871,902 · Apr 2012April 2012 | 80,000 /yr | |
| 507 | 2-bed | 1,247 sqft | AED 2.76MAED 2,761,000 · May 2011May 2011 | 125,000 /yr | |
| 508 | 2-bed | 1,510 sqft | AED 1.55MAED 1,547,750 · Apr 2011April 2011 | 134,000 /yr | |
| 509 | 3-bed | 1,743 sqft | AED 1.58MAED 1,580,000 · Jun 2022June 2022 | 105,000 /yr | |
| 510 | 2-bed | 1,731 sqft | AED 3.46MAED 3,462,750 · Mar 2014March 2014 | 110,000 /yr |
502, Ocean Heights Tower in numbers
- Sold 4 times: first on 8 July 2009 for AED 1,514,000, last on 27 March 2019 for AED 1,000,000 (AED 896 per sqft).
- Rented since October 2015 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 65,000 in 2021 and recovered to AED 75,000 by July 2026.
- At AED 75,000 a year the gross yield on the 2019 price is 7.5%, before a service charge of about AED 18,200 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 18 July 2026.
Questions about 502, Ocean Heights Tower
What did unit 502 last sell for?
AED 1,000,000 on 27 March 2019: AED 896 per sqft for 1,116 sqft. The unit has 4 registered sales; the first was AED 1,514,000 in July 2009.
What is the rent for unit 502?
AED 75,000 a year on the contract signed on 18 July 2026. The previous contract, from July 2025, was AED 92,000; the unit has been rented since October 2015.
How big is unit 502?
1,116 sqft (103.7 sqm): a one-bedroom apartment on the 5th floor of a 80-storey tower completed in 2010.
What is unit 502 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 502, Ocean Heights Tower
Starts from the last sale price (AED 1M, 27 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →