2-bed · 1,353 sqftOcean Heights Tower, Dubai Marina · 55th floor · completed 2010

5507, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5507 · DLD and Ejari recordsUpdated 4 April 2025
Last soldAED 2.5M4 April 2025
Current rentAED 140K /yr13 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5507, Ocean Heights Tower

What is 5507 worth today?

Last sold for AED 2,500,000 in 2025

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4 Apr 2025SoldReady
AED 2,500,000AED 1,847 per sqft
13 Jun 2024RentedRenewal
AED 140,000/yr12 months · AED 103 per sqft
13 Jun 2024RentedRenewal
AED 140,000/yr12 months · AED 103 per sqft
13 Jun 2023RentedNew contract
AED 139,000/yr12 months · AED 103 per sqft
13 Jun 2022RentedNew contract
AED 135,000/yr12 months · AED 100 per sqft
10 Mar 2021RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
7 Feb 2020RentedNew contract
AED 98,000/yr12 months · AED 72 per sqft
29 Jan 2019RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 4 April 2025.

Key facts

Type
2-bed apartment
Size
1,353 sqft
Floor
55th of 80
Parking
P3-12
Developer
DAMAC
Completed
2010
Service charge
AED 22,100 /yr
Last sold
AED 2.5M · April 2025

About 5507, Ocean Heights Tower

5507 is a two-bedroom apartment of 1,353 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 4 April 2025 for AED 2,500,000, or AED 1,847 per sqft, 21% above the AED 1,521 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 13 June 2024, is AED 140,000 a year: a gross yield of 5.6% on the 2025 price, before the service charge of about AED 22,100 a year.

Sales and rents for 5507 over time

Sales
Unit 5507, each saleTypical two-bed in Ocean Heights Tower
2M2009201420192024Typical sale price by year: 2009 AED 2,070,000; 2010 AED 2,329,625; 2011 AED 2,070,000; 2012 AED 1,864,018; 2013 AED 2,137,800; 2014 AED 2,800,000; 2015 AED 2,000,000; 2016 AED 2,012,500; 2017 AED 1,995,000; 2018 AED 1,997,500; 2019 AED 1,250,000; 2020 AED 1,035,000; 2021 AED 1,225,000; 2022 AED 1,800,000; 2023 AED 1,800,000; 2024 AED 2,025,000; 2025 AED 2,250,000; 2026 AED 2,000,000Sold by developer, July 2009: AED 3,262,000 (AED 2,410 per sqft)Sold, July 2011: AED 3,262,000 (AED 2,410 per sqft)Sold, April 2025: AED 2,500,000 (AED 1,847 per sqft)

5507 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5507, each contractTypical two-bed in Ocean Heights Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 120,000; 2014 AED 140,000; 2015 AED 143,325; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 121,000; 2019 AED 106,000; 2020 AED 88,500; 2021 AED 88,000; 2022 AED 97,608; 2023 AED 115,000; 2024 AED 121,000; 2025 AED 130,000; 2026 AED 130,000New contract, September 2013: AED 142,500 a yearNew contract, September 2014: AED 142,500 a yearRenewal, September 2015: AED 149,625 a yearNew contract, October 2016: AED 160,000 a yearNew contract, January 2019: AED 115,000 a yearNew contract, February 2020: AED 98,000 a yearNew contract, March 2021: AED 90,000 a yearNew contract, June 2022: AED 135,000 a yearNew contract, June 2023: AED 139,000 a yearRenewal, June 2024: AED 140,000 a yearRenewal, June 2024: AED 140,000 a year

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 5507 sits

All 203 2-beds →

5507 last sold in April 2025 at AED 1,847 per sqft, 21% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,521). 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. 5507's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jul 20261,800,000
25 Jun 20261,700,000
10 Jun 20262,000,000
3 Feb 20262,100,000
6 2-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
55041-bedAED 1.39M · Oct 2016
55051-bedAED 969K · Dec 2011
55062-bedAED 3.19M · May 2011
55081-bedAED 603K · May 2012

5507, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 3,262,000, last on 4 April 2025 for AED 2,500,000 (AED 1,847 per sqft).
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 142,500 to AED 90,000 in 2021 and recovered to AED 140,000 by June 2024.
  • At AED 140,000 a year the gross yield on the 2025 price is 5.6%, before a service charge of about AED 22,100 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 4 April 2025.

Questions about 5507, Ocean Heights Tower

What did unit 5507 last sell for?

AED 2,500,000 on 4 April 2025: AED 1,847 per sqft for 1,353 sqft. The unit has 3 registered sales; the first was AED 3,262,000 in July 2009.

What is the rent for unit 5507?

AED 140,000 a year on the contract renewed on 13 June 2024. The previous contract, from June 2024, was AED 140,000; the unit has been rented since September 2013.

How big is unit 5507?

1,353 sqft (125.7 sqm): a two-bedroom apartment on the 55th floor of a 80-storey tower completed in 2010.

What is unit 5507 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 5507, Ocean Heights Tower

Starts from the last sale price (AED 2.5M, 4 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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