507, Ocean Heights Tower
Sold prices and rental history: sold twice, last in May 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 507, Ocean Heights Tower
What is 507 worth today?
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Source: Dubai Land Department. Updated 11 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,247 sqft
- Floor
- 5th of 80
- Parking
- B2-78
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 20,400 /yr
- Last sold
- AED 2.76M · May 2011
- Building
- Ocean Heights Tower
About 507, Ocean Heights Tower
507 is a two-bedroom apartment of 1,247 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 5 May 2011 for AED 2,761,000, or AED 2,214 per sqft, 69% above the AED 1,312 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 11 October 2026, is AED 125,000 a year: a gross yield of 4.5% on the 2011 price, before the service charge of about AED 20,400 a year.
Sales and rents for 507 over time
507 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Ocean Heights Tower, and where 507 sits
All 203 2-beds →507 last sold in May 2011 at AED 2,214 per sqft, 69% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,312). Over the last 12 months two-beds sold for AED 1,700,000 to 3,100,000, around AED 1,572 per sqft, and rent for AED 90,000 to 200,000 a year. 507's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jul 20267 July 2026 | 1,358 sqft | 1,800,000 | 1,325 | ||
| 25 Jun 202625 June 2026 | 1,329 sqft | 1,700,000 | 1,279 | ||
| 10 Jun 202610 June 2026 | 692 sqft | 2,000,000 | 2,890 | ||
| 3 Feb 20263 February 2026 | 1,609 sqft | 2,100,000 | 1,305 |
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 | |
| 506 | 1-bed | 877 sqft | AED 872KAED 871,902 · Apr 2012April 2012 | 80,000 /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 |
507, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 2,761,000, last on 5 May 2011 for AED 2,761,000 (AED 2,214 per sqft).
- Rented since September 2012 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 125,000 by October 2026.
- At AED 125,000 a year the gross yield on the 2011 price is 4.5%, before a service charge of about AED 20,400 a year (AED 16.32 per sqft).
- Two-beds in Ocean Heights Tower sold for AED 1,700,000–3,100,000 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 11 October 2026.
Questions about 507, Ocean Heights Tower
What did unit 507 last sell for?
AED 2,761,000 on 5 May 2011: AED 2,214 per sqft for 1,247 sqft. The unit has 2 registered sales; the first was AED 2,761,000 in July 2009.
What is the rent for unit 507?
AED 125,000 a year on the contract signed on 11 October 2026. The previous contract, from August 2025, was AED 120,000; the unit has been rented since September 2012.
How big is unit 507?
1,247 sqft (115.9 sqm): a two-bedroom apartment on the 5th floor of a 80-storey tower completed in 2010.
What is unit 507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ocean Heights Tower sold for AED 1,700,000 to 3,100,000 in the last 12 months, around AED 1,572 per sqft.
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Mortgage on 507, Ocean Heights Tower
Starts from the last sale price (AED 2.76M, 5 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,761,000
- Deposit, UAE resident (20%)
- AED 552,200
- Deposit, non-resident (40%)
- AED 1,104,400
- Monthly over 25 years at 3.7%
- AED 11,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →