5704, Ocean Heights Tower
Sold prices and rental history: sold twice, last in August 2011, 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 5704, Ocean Heights Tower
What is 5704 worth today?
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Source: Dubai Land Department. Updated 10 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 919 sqft
- Floor
- 57th of 80
- Parking
- P2-35
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 15,000 /yr
- Last sold
- AED 1.11M · August 2011
- Building
- Ocean Heights Tower
About 5704, Ocean Heights Tower
5704 is a one-bedroom apartment of 919 sqft on the 57th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 1 August 2011 for AED 1,109,000, or AED 1,206 per sqft, 5% below the AED 1,263 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 109,300 a year: a gross yield of 9.9% on the 2011 price, before the service charge of about AED 15,000 a year.
Sales and rents for 5704 over time
5704 has sold twice; 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 5704 sits
All 288 1-beds →5704 last sold in August 2011 at AED 1,206 per sqft, 5% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,263). 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. 5704's AED 109,300 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 57th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5701 | 3-bed | 1,995 sqft | AED 4.14MAED 4,140,000 · Mar 2014March 2014 | ||
| 5702 | 1-bed | 908 sqft | AED 930KAED 930,000 · Apr 2021April 2021 | 86,940 /yr | |
| 5703 | 2-bed | 1,590 sqft | AED 2MAED 2,000,000 · Aug 2024August 2024 | 150,000 /yr | |
| 5705 | 1-bed | 926 sqft | AED 1.22MAED 1,220,000 · Apr 2013April 2013 | 90,000 /yr | |
| 5706 | 2-bed | 790 sqft | AED 1MAED 1,000,000 · Nov 2015November 2015 | 120,000 /yr | |
| 5707 | 2-bed | 1,385 sqft | AED 1.95MAED 1,950,000 · Sep 2012September 2012 | 150,000 /yr | |
| 5708 | 1-bed | 962 sqft | AED 1.89MAED 1,887,365 · Dec 2011December 2011 |
5704, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 1,109,000, last on 1 August 2011 for AED 1,109,000 (AED 1,206 per sqft).
- Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2020 and recovered to AED 109,300 by November 2024.
- At AED 109,300 a year the gross yield on the 2011 price is 9.9%, 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 November 2024.
Questions about 5704, Ocean Heights Tower
What did unit 5704 last sell for?
AED 1,109,000 on 1 August 2011: AED 1,206 per sqft for 919 sqft. The unit has 2 registered sales; the first was AED 1,109,000 in July 2009.
What is the rent for unit 5704?
AED 109,300 a year on the contract renewed on 10 November 2024. The previous contract, from November 2023, was AED 97,000; the unit has been rented since September 2013.
How big is unit 5704?
919 sqft (85.4 sqm): a one-bedroom apartment on the 57th floor of a 80-storey tower completed in 2010.
What is unit 5704 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 5704, Ocean Heights Tower
Starts from the last sale price (AED 1.11M, 1 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,109,000
- Deposit, UAE resident (20%)
- AED 221,800
- Deposit, non-resident (40%)
- AED 443,600
- Monthly over 25 years at 3.7%
- AED 4,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →