1-bed · 918 sqftOcean Heights Tower, Dubai Marina · 52nd floor · completed 2010

5204, Ocean Heights Tower

Sold prices and rental history: sold 4 times, last in June 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5204 · DLD and Ejari recordsUpdated 10 February 2023
Last soldAED 1.33M17 June 2013
Current rentAED 90K /yr10 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5204, Ocean Heights Tower

What is 5204 worth today?

Last sold for AED 1,330,000 in 2013

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10 Feb 2023RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
1 Dec 2021RentedNew contract
AED 75,000/yr12 months · AED 82 per sqft
10 Jul 2021RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
1 Sep 2020RentedRenewal · flagged as an outlier
AED 12,172/yr72 months · AED 13 per sqft
10 Jul 2020RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
1 Sep 2019RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
29 Jul 2017RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft
1 Jan 2015RentedNew contract
AED 118,000/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 10 February 2023.

Key facts

Type
1-bed apartment
Size
918 sqft
Floor
52nd of 80
Parking
P2-19
Developer
DAMAC
Completed
2010
Service charge
AED 15,000 /yr
Last sold
AED 1.33M · June 2013

About 5204, Ocean Heights Tower

5204 is a one-bedroom apartment of 918 sqft on the 52nd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 17 June 2013 for AED 1,330,000, or AED 1,448 per sqft, 17% above the AED 1,239 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 10 February 2023, is AED 90,000 a year: a gross yield of 6.8% on the 2013 price, before the service charge of about AED 15,000 a year.

Sales and rents for 5204 over time

Sales
Unit 5204, each saleTypical one-bed in Ocean Heights Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,242,000; 2010 AED 1,725,700; 2011 AED 1,211,000; 2012 AED 1,115,184; 2013 AED 1,340,000; 2014 AED 1,560,000; 2015 AED 1,320,000; 2016 AED 1,370,000; 2017 AED 1,300,000; 2018 AED 1,237,500; 2019 AED 928,000; 2020 AED 750,000; 2021 AED 930,000; 2022 AED 1,150,000; 2023 AED 1,300,000; 2024 AED 1,380,000; 2025 AED 1,405,000; 2026 AED 1,625,000Sold by developer, July 2009: AED 1,095,000 (AED 1,192 per sqft)Sold, July 2011: AED 1,095,000 (AED 1,192 per sqft)Sold, December 2012: AED 1,050,000 (AED 1,143 per sqft)Sold, June 2013: AED 1,330,000 (AED 1,448 per sqft)

5204 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5204, each contractTypical one-bed in Ocean Heights Tower
50K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 101,535; 2017 AED 95,000; 2018 AED 87,500; 2019 AED 78,579; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 73,500; 2023 AED 89,759; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, January 2015: AED 118,000 a yearNew contract, July 2017: AED 100,000 a yearNew contract, September 2019: AED 80,000 a yearNew contract, July 2020: AED 60,000 a yearRenewal, July 2021: AED 60,000 a yearNew contract, December 2021: AED 75,000 a yearNew contract, February 2023: AED 90,000 a year

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 5204 sits

All 288 1-beds →

5204 last sold in June 2013 at AED 1,448 per sqft, 17% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,239). 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. 5204's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20262,800,000
24 Jul 20261,300,000
14 Jul 20261,253,115
11 Jun 20262,030,000
10 1-bed sales in the last 12 months

Ocean Heights Tower

Building

581 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%
Ocean Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 52nd floor

All 581 units in Ocean Heights Tower
Value
52013-bedAED 2.9M · Jun 2022
52022-bedAED 1.65M · May 2023
52032-bedAED 2.15M · Jun 2025
52051-bedAED 400K · Dec 2021
52062-bedAED 1.46M · Aug 2020
52073-bedAED 3.2M · Jan 2026

5204, Ocean Heights Tower in numbers

  • Sold 4 times: first on 8 July 2009 for AED 1,095,000, last on 17 June 2013 for AED 1,330,000 (AED 1,448 per sqft).
  • Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 118,000 to AED 12,172 in 2020 and recovered to AED 90,000 by February 2023.
  • At AED 90,000 a year the gross yield on the 2013 price is 6.8%, before a service charge of about AED 15,000 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 10 February 2023.

Questions about 5204, Ocean Heights Tower

What did unit 5204 last sell for?

AED 1,330,000 on 17 June 2013: AED 1,448 per sqft for 918 sqft. The unit has 4 registered sales; the first was AED 1,095,000 in July 2009.

What is the rent for unit 5204?

AED 90,000 a year on the contract signed on 10 February 2023. The previous contract, from December 2021, was AED 75,000; the unit has been rented since January 2015.

How big is unit 5204?

918 sqft (85.3 sqm): a one-bedroom apartment on the 52nd floor of a 80-storey tower completed in 2010.

What is unit 5204 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 5204, Ocean Heights Tower

Starts from the last sale price (AED 1.33M, 17 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,330,000
Deposit, UAE resident (20%)
AED 266,000
Deposit, non-resident (40%)
AED 532,000
Monthly over 25 years at 3.7%
AED 5,441

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →