1-bed · 926 sqftOcean Heights Tower, Dubai Marina · 59th floor · completed 2010

5905, Ocean Heights Tower

Sold prices and rental history: sold 3 times, last in January 2014, and rented once, from August 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5905 · DLD and Ejari recordsUpdated 6 January 2014
Last soldAED 1.5M6 January 2014
Current rentAED 82K /yr28 August 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5905, Ocean Heights Tower

What is 5905 worth today?

Last sold for AED 1,500,000 in 2014

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6 Jan 2014SoldReady
AED 1,500,000AED 1,619 per sqft
28 Aug 2012RentedNew contract
AED 82,000/yr12 months · AED 89 per sqft
29 May 2011SoldReady
AED 1,173,000AED 1,266 per sqft
8 Jul 2009Sold by developerOff-plan
AED 1,173,000AED 1,266 per sqft

Source: Dubai Land Department. Updated 6 January 2014.

Key facts

Type
1-bed apartment
Size
926 sqft
Floor
59th of 80
Parking
P2-43
Developer
DAMAC
Completed
2010
Service charge
AED 15,100 /yr
Last sold
AED 1.5M · January 2014

About 5905, Ocean Heights Tower

5905 is a one-bedroom apartment of 926 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 6 January 2014 for AED 1,500,000, or AED 1,619 per sqft, 14% above the AED 1,416 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 August 2012. The current contract, signed on 28 August 2012, is AED 82,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 15,100 a year.

Sales and rents for 5905 over time

Sales
Unit 5905, 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 1,173,000 (AED 1,266 per sqft)Sold, May 2011: AED 1,173,000 (AED 1,266 per sqft)Sold, January 2014: AED 1,500,000 (AED 1,619 per sqft)

5905 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5905, 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, August 2012: AED 82,000 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 5905 sits

All 288 1-beds →

5905 last sold in January 2014 at AED 1,619 per sqft, 14% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,416). 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. 5905's AED 82,000 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
59041-bedAED 1.11M · Aug 2011
59062-bedAED 2.4M · Oct 2024
59072-bedAED 2.77M · Oct 2013
59081-bedAED 1.85M · Aug 2024

5905, Ocean Heights Tower in numbers

  • Sold 3 times: first on 8 July 2009 for AED 1,173,000, last on 6 January 2014 for AED 1,500,000 (AED 1,619 per sqft).
  • Rented since August 2012 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 15,100 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 6 January 2014.

Questions about 5905, Ocean Heights Tower

What did unit 5905 last sell for?

AED 1,500,000 on 6 January 2014: AED 1,619 per sqft for 926 sqft. The unit has 3 registered sales; the first was AED 1,173,000 in July 2009.

What is the rent for unit 5905?

AED 82,000 a year on the contract signed on 28 August 2012.

How big is unit 5905?

926 sqft (86.0 sqm): a one-bedroom apartment on the 59th floor of a 80-storey tower completed in 2010.

What is unit 5905 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 5905, Ocean Heights Tower

Starts from the last sale price (AED 1.5M, 6 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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