506, Ocean Heights Tower
Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Ocean Heights Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 7 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 877 sqft
- Floor
- 5th of 80
- Parking
- 1
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 872K · April 2012
- Building
- Ocean Heights Tower
About 506, Ocean Heights Tower
506 is a one-bedroom apartment of 877 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 22 April 2012 for AED 871,902, or AED 994 per sqft, 20% below the AED 1,249 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 7 October 2026, is AED 80,000 a year: a gross yield of 9.2% on the 2012 price, before the service charge of about AED 14,300 a year.
Sales and rents for 506 over time
506 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 506 sits
All 288 1-beds →506 last sold in April 2012 at AED 994 per sqft, 20% 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. 506's AED 80,000 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 | |
| 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 | |
| 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 |
506, Ocean Heights Tower in numbers
- Sold twice: first on 7 September 2010 for AED 871,902, last on 22 April 2012 for AED 871,902 (AED 994 per sqft).
- Rented since June 2022 on 5 Ejari contracts, from AED 85,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2012 price is 9.2%, 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 7 October 2026.
Questions about 506, Ocean Heights Tower
What did unit 506 last sell for?
AED 871,902 on 22 April 2012: AED 994 per sqft for 877 sqft. The unit has 2 registered sales; the first was AED 871,902 in September 2010.
What is the rent for unit 506?
AED 80,000 a year on the contract signed on 7 October 2026. The previous contract, from October 2026, was AED 80,000; the unit has been rented since June 2022.
How big is unit 506?
877 sqft (81.5 sqm): a one-bedroom apartment on the 5th floor of a 80-storey tower completed in 2010.
What is unit 506 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 506, Ocean Heights Tower
Starts from the last sale price (AED 872K, 22 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 871,902
- Deposit, UAE resident (20%)
- AED 174,380
- Deposit, non-resident (40%)
- AED 348,761
- Monthly over 25 years at 3.7%
- AED 3,567
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →