5503, Ocean Heights Tower
Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5503, Ocean Heights Tower
What is 5503 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,594 sqft
- Floor
- 55th of 80
- Parking
- P3-10
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 26,000 /yr
- Last sold
- AED 1.7M · October 2022
- Building
- Ocean Heights Tower
About 5503, Ocean Heights Tower
5503 is a two-bedroom apartment of 1,594 sqft on the 55th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 27 October 2022 for AED 1,700,000, or AED 1,066 per sqft, 8% below the AED 1,160 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 25 January 2026, is AED 155,000 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 26,000 a year.
Sales and rents for 5503 over time
5503 has sold 4 times; 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 5503 sits
All 203 2-beds →5503 last sold in October 2022 at AED 1,066 per sqft, 8% below what two-beds in Ocean Heights Tower were fetching at the time (AED 1,160). 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. 5503's AED 155,000 is in the upper 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 55th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 3-bed | 2,021 sqft | AED 2.86MAED 2,860,000 · Nov 2021November 2021 | 130,000 /yr | |
| 5502 | 1-bed | 912 sqft | AED 1.55MAED 1,550,000 · Dec 2013December 2013 | 77,000 /yr | |
| 5504 | 1-bed | 919 sqft | AED 1.39MAED 1,390,000 · Oct 2016October 2016 | 77,000 /yr | |
| 5505 | 1-bed | 926 sqft | AED 969KAED 969,000 · Dec 2011December 2011 | 84,000 /yr | |
| 5506 | 2-bed | 1,582 sqft | AED 3.19MAED 3,186,000 · May 2011May 2011 | 95,000 /yr | |
| 5507 | 2-bed | 1,353 sqft | AED 2.5MAED 2,500,000 · Apr 2025April 2025 | 140,000 /yr | |
| 5508 | 1-bed | 456 sqft | AED 603KAED 603,440 · May 2012May 2012 | 106,000 /yr |
5503, Ocean Heights Tower in numbers
- Sold 4 times: first on 8 July 2009 for AED 2,891,000, last on 27 October 2022 for AED 1,700,000 (AED 1,066 per sqft).
- Rented since April 2013 on 12 Ejari contracts. The rent fell from AED 115,000 to AED 85,000 in 2020 and recovered to AED 155,000 by January 2026.
- At AED 155,000 a year the gross yield on the 2022 price is 9.1%, before a service charge of about AED 26,000 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 25 January 2026.
Questions about 5503, Ocean Heights Tower
What did unit 5503 last sell for?
AED 1,700,000 on 27 October 2022: AED 1,066 per sqft for 1,594 sqft. The unit has 4 registered sales; the first was AED 2,891,000 in July 2009.
What is the rent for unit 5503?
AED 155,000 a year on the contract renewed on 25 January 2026. The previous contract, from January 2025, was AED 155,000; the unit has been rented since April 2013.
How big is unit 5503?
1,594 sqft (148.1 sqm): a two-bedroom apartment on the 55th floor of a 80-storey tower completed in 2010.
What is unit 5503 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 5503, Ocean Heights Tower
Starts from the last sale price (AED 1.7M, 27 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →