1-bed · 919 sqftOcean Heights Tower, Dubai Marina · 59th floor · completed 2010

5904, Ocean Heights Tower

Sold prices and rental history: sold twice, last in August 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5904 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 1.11M18 August 2011
Current rentAED 90K /yr28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5904, Ocean Heights Tower

What is 5904 worth today?

Last sold for AED 1,114,000 in 2011

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28 Aug 2024RentedRenewal
AED 90,000/yr12 months · AED 98 per sqft
28 Aug 2024RentedRenewal
AED 90,000/yr12 months · AED 98 per sqft
28 Aug 2023RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
5 Aug 2020RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
9 Jul 2019RentedRenewal
AED 75,000/yr12 months · AED 82 per sqft
9 Jul 2018RentedRenewal
AED 86,000/yr12 months · AED 94 per sqft
9 Jul 2017RentedNew contract
AED 86,000/yr12 months · AED 94 per sqft
10 Jul 2015RentedRenewal
AED 86,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
1-bed apartment
Size
919 sqft
Floor
59th of 80
Parking
P2-42
Developer
DAMAC
Completed
2010
Service charge
AED 15,000 /yr
Last sold
AED 1.11M · August 2011

About 5904, Ocean Heights Tower

5904 is a one-bedroom apartment of 919 sqft on the 59th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 18 August 2011 for AED 1,114,000, or AED 1,212 per sqft, 4% below the AED 1,266 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 28 August 2024, is AED 90,000 a year: a gross yield of 8.1% on the 2011 price, before the service charge of about AED 15,000 a year.

Sales and rents for 5904 over time

Sales
Unit 5904, 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 1,114,000 (AED 1,212 per sqft)Sold, August 2011: AED 1,114,000 (AED 1,212 per sqft)

5904 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5904, each contractTypical one-bed in Ocean Heights Tower
50K75K100K2012201620202024Typical 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, July 2014: AED 78,200 a yearRenewal, July 2015: AED 86,000 a yearNew contract, July 2017: AED 86,000 a yearRenewal, July 2018: AED 86,000 a yearRenewal, July 2019: AED 75,000 a yearNew contract, August 2020: AED 50,000 a yearNew contract, August 2023: AED 90,000 a yearRenewal, August 2024: AED 90,000 a yearRenewal, August 2024: AED 90,000 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 5904 sits

All 288 1-beds →

5904 last sold in August 2011 at AED 1,212 per sqft, 4% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,266). 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. 5904's AED 90,000 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 59th floor

All 581 units in Ocean Heights Tower
Value
59013-bedAED 3.94M · Feb 2026
59021-bedAED 1.68M · May 2011
59032-bedAED 2.89M · Sep 2014
59051-bedAED 1.5M · Jan 2014
59062-bedAED 2.4M · Oct 2024
59072-bedAED 2.77M · Oct 2013
59081-bedAED 1.85M · Aug 2024

5904, Ocean Heights Tower in numbers

  • Sold twice: first on 8 July 2009 for AED 1,114,000, last on 18 August 2011 for AED 1,114,000 (AED 1,212 per sqft).
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 78,200 to AED 50,000 in 2020 and recovered to AED 90,000 by August 2024.
  • At AED 90,000 a year the gross yield on the 2011 price is 8.1%, 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 28 August 2024.

Questions about 5904, Ocean Heights Tower

What did unit 5904 last sell for?

AED 1,114,000 on 18 August 2011: AED 1,212 per sqft for 919 sqft. The unit has 2 registered sales; the first was AED 1,114,000 in July 2009.

What is the rent for unit 5904?

AED 90,000 a year on the contract renewed on 28 August 2024. The previous contract, from August 2024, was AED 90,000; the unit has been rented since July 2014.

How big is unit 5904?

919 sqft (85.4 sqm): a one-bedroom apartment on the 59th floor of a 80-storey tower completed in 2010.

What is unit 5904 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 5904, Ocean Heights Tower

Starts from the last sale price (AED 1.11M, 18 August 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,114,000
Deposit, UAE resident (20%)
AED 222,800
Deposit, non-resident (40%)
AED 445,600
Monthly over 25 years at 3.7%
AED 4,558

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