1-bed · 919 sqftOcean Heights Tower, Dubai Marina · 55th floor · completed 2010

5504, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in October 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5504 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 1.39M26 October 2016
Current rentAED 77K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5504, Ocean Heights Tower

What is 5504 worth today?

Last sold for AED 1,390,000 in 2016

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20 Sep 2026RentedNew contract
AED 77,000/yr12 months · AED 84 per sqft
11 Jul 2024RentedRenewal
AED 95,000/yr12 months · AED 104 per sqft
11 Jul 2024RentedRenewal
AED 95,000/yr12 months · AED 104 per sqft
12 Jul 2023RentedNew contract
AED 94,745/yr12 months · AED 104 per sqft
21 Dec 2019RentedRenewal
AED 90,000/yr12 months · AED 98 per sqft
21 Dec 2018RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft
26 Oct 2016SoldReady
AED 1,390,000AED 1,512 per sqft
28 Oct 2015RentedNew contract
AED 105,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
1-bed apartment
Size
919 sqft
Floor
55th of 80
Parking
P2-28
Developer
DAMAC
Completed
2010
Service charge
AED 15,000 /yr
Last sold
AED 1.39M · October 2016

About 5504, Ocean Heights Tower

5504 is a one-bedroom apartment of 919 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 26 October 2016 for AED 1,390,000, or AED 1,512 per sqft, 11% above the AED 1,365 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 September 2026, is AED 77,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 15,000 a year.

Sales and rents for 5504 over time

Sales
Unit 5504, 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 993,600 (AED 1,081 per sqft)Sold, July 2011: AED 993,600 (AED 1,081 per sqft)Sold, October 2016: AED 1,390,000 (AED 1,512 per sqft)

5504 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5504, each contractTypical one-bed in Ocean Heights Tower
60K80K100K2012201620202024Typical 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, September 2013: AED 88,000 a yearNew contract, September 2014: AED 94,475 a yearNew contract, October 2015: AED 105,000 a yearNew contract, December 2018: AED 100,000 a yearRenewal, December 2019: AED 90,000 a yearNew contract, July 2023: AED 94,745 a yearRenewal, July 2024: AED 95,000 a yearRenewal, July 2024: AED 95,000 a yearNew contract, September 2026: AED 77,000 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 5504 sits

All 288 1-beds →

5504 last sold in October 2016 at AED 1,512 per sqft, 11% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,365). 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. 5504's AED 77,000 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 55th floor

All 581 units in Ocean Heights Tower
Value
55013-bedAED 2.86M · Nov 2021
55021-bedAED 1.55M · Dec 2013
55032-bedAED 1.7M · Oct 2022
55051-bedAED 969K · Dec 2011
55062-bedAED 3.19M · May 2011
55072-bedAED 2.5M · Apr 2025
55081-bedAED 603K · May 2012

5504, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 993,600, last on 26 October 2016 for AED 1,390,000 (AED 1,512 per sqft).
  • Rented since September 2013 on 9 Ejari contracts, from AED 88,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2016 price is 5.5%, 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 20 September 2026.

Questions about 5504, Ocean Heights Tower

What did unit 5504 last sell for?

AED 1,390,000 on 26 October 2016: AED 1,512 per sqft for 919 sqft. The unit has 3 registered sales; the first was AED 993,600 in July 2009.

What is the rent for unit 5504?

AED 77,000 a year on the contract signed on 20 September 2026. The previous contract, from July 2024, was AED 95,000; the unit has been rented since September 2013.

How big is unit 5504?

919 sqft (85.4 sqm): a one-bedroom apartment on the 55th floor of a 80-storey tower completed in 2010.

What is unit 5504 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 5504, Ocean Heights Tower

Starts from the last sale price (AED 1.39M, 26 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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