504, Ocean Heights Tower
Sold prices and rental history: sold twice, last in August 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 504, Ocean Heights Tower
What is 504 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,291 sqft
- Floor
- 5th of 80
- Parking
- B1-38
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 21,100 /yr
- Last sold
- AED 2.76M · August 2011
- Building
- Ocean Heights Tower
About 504, Ocean Heights Tower
504 is a one-bedroom apartment of 1,291 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 16 August 2011 for AED 2,760,142, or AED 2,137 per sqft, 70% above the AED 1,258 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 75,000 a year: a gross yield of 2.7% on the 2011 price, before the service charge of about AED 21,100 a year.
Sales and rents for 504 over time
504 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 504 sits
All 288 1-beds →504 last sold in August 2011 at AED 2,137 per sqft, 70% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,258). 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. 504'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 | |
| 502 | 1-bed | 1,116 sqft | AED 1MAED 1,000,000 · Mar 2019March 2019 | 75,000 /yr | |
| 503 | 1-bed | 1,019 sqft | AED 1.1MAED 1,100,000 · Jan 2013January 2013 | 95,000 /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 |
504, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 2,668,600, last on 16 August 2011 for AED 2,760,142 (AED 2,137 per sqft).
- Rented since May 2012 on 7 Ejari contracts, from AED 65,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2011 price is 2.7%, before a service charge of about AED 21,100 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 1 November 2024.
Questions about 504, Ocean Heights Tower
What did unit 504 last sell for?
AED 2,760,142 on 16 August 2011: AED 2,137 per sqft for 1,291 sqft. The unit has 2 registered sales; the first was AED 2,668,600 in July 2009.
What is the rent for unit 504?
AED 75,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2024, was AED 75,000; the unit has been rented since May 2012.
How big is unit 504?
1,291 sqft (119.9 sqm): a one-bedroom apartment on the 5th floor of a 80-storey tower completed in 2010.
What is unit 504 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 504, Ocean Heights Tower
Starts from the last sale price (AED 2.76M, 16 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,760,142
- Deposit, UAE resident (20%)
- AED 552,028
- Deposit, non-resident (40%)
- AED 1,104,057
- Monthly over 25 years at 3.7%
- AED 11,293
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →