5508, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in May 2012, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5508, Ocean Heights Tower
What is 5508 worth today?
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Source: Dubai Land Department. Updated 3 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 456 sqft
- Floor
- 55th of 80
- Parking
- P2-29
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 7,400 /yr
- Last sold
- AED 603K · May 2012
- Building
- Ocean Heights Tower
About 5508, Ocean Heights Tower
5508 is a one-bedroom apartment of 456 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 24 May 2012 for AED 603,440, or AED 1,324 per sqft, 6% above the AED 1,253 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 3 September 2026, is AED 106,000 a year: a gross yield of 17.6% on the 2012 price, before the service charge of about AED 7,400 a year.
Sales and rents for 5508 over time
5508 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 5508 sits
All 288 1-beds →5508 last sold in May 2012 at AED 1,324 per sqft, 6% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,253). 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. 5508's AED 106,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,422 sqft | 2,800,000 | 1,969 | ||
| 24 Jul 202624 July 2026 | 885 sqft | 1,300,000 | 1,468 | ||
| 14 Jul 202614 July 2026 | 826 sqft | 1,253,115 | 1,517 | ||
| 11 Jun 202611 June 2026 | 1,053 sqft | 2,030,000 | 1,927 |
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 | |
| 5503 | 2-bed | 1,594 sqft | AED 1.7MAED 1,700,000 · Oct 2022October 2022 | 155,000 /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, Ocean Heights Tower in numbers
- Sold 3 times: first on 10 June 2009 for AED 1,836,000, last on 24 May 2012 for AED 603,440 (AED 1,324 per sqft).
- Rented since April 2019 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 76,000 in 2021 and recovered to AED 106,000 by September 2026.
- At AED 106,000 a year the gross yield on the 2012 price is 17.6%, before a service charge of about AED 7,400 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 3 September 2026.
Questions about 5508, Ocean Heights Tower
What did unit 5508 last sell for?
AED 603,440 on 24 May 2012: AED 1,324 per sqft for 456 sqft. The unit has 3 registered sales; the first was AED 1,836,000 in June 2009.
What is the rent for unit 5508?
AED 106,000 a year on the contract renewed on 3 September 2026. The previous contract, from September 2025, was AED 106,000; the unit has been rented since April 2019.
How big is unit 5508?
456 sqft (42.4 sqm): a one-bedroom apartment on the 55th floor of a 80-storey tower completed in 2010.
What is unit 5508 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 5508, Ocean Heights Tower
Starts from the last sale price (AED 603K, 24 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 603,440
- Deposit, UAE resident (20%)
- AED 120,688
- Deposit, non-resident (40%)
- AED 241,376
- Monthly over 25 years at 3.7%
- AED 2,469
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →