7003, Ocean Heights Tower
Sold prices and rental history: sold twice, last in April 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7003, Ocean Heights Tower
What is 7003 worth today?
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Source: Dubai Land Department. Updated 15 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,512 sqft
- Floor
- 70th of 80
- Parking
- P3-43
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 24,700 /yr
- Last sold
- AED 5.18M · April 2011
- Building
- Ocean Heights Tower
About 7003, Ocean Heights Tower
7003 is a two-bedroom apartment of 1,512 sqft on the 70th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 14 April 2011 for AED 5,181,600, or AED 3,426 per sqft, 153% above the AED 1,356 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 125,000 a year: a gross yield of 2.4% on the 2011 price, before the service charge of about AED 24,700 a year.
Sales and rents for 7003 over time
7003 has sold twice; the dashed line is the two-bed median of each year in the building.
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 7003 sits
All 203 2-beds →7003 last sold in April 2011 at AED 3,426 per sqft, 153% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,356). 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. 7003's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jul 20267 July 2026 | 1,358 sqft | 1,800,000 | 1,325 | ||
| 25 Jun 202625 June 2026 | 1,329 sqft | 1,700,000 | 1,279 | ||
| 10 Jun 202610 June 2026 | 692 sqft | 2,000,000 | 2,890 | ||
| 3 Feb 20263 February 2026 | 1,609 sqft | 2,100,000 | 1,305 |
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 70th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7001 | 1-bed | 1,444 sqft | AED 2.6MAED 2,599,200 · Dec 2011December 2011 | 125,000 /yr | |
| 7002 | 2-bed | 1,382 sqft | AED 2MAED 2,000,000 · Jul 2023July 2023 | 160,000 /yr | |
| 7004 | 1-bed | 919 sqft | AED 1.52MAED 1,515,000 · Jun 2024June 2024 | ||
| 7005 | 1-bed | 928 sqft | AED 928KAED 928,000 · May 2019May 2019 | 100,000 /yr | |
| 7006 | 2-bed | 1,528 sqft | AED 2.05MAED 2,050,000 · Jun 2023June 2023 | 95,700 /yr | |
| 7007 | 2-bed | 1,741 sqft | AED 6.47MAED 6,472,616 · Apr 2011April 2011 | 160,000 /yr | |
| 7008 | 1-bed | 1,037 sqft | AED 1.79MAED 1,790,000 · Jan 2024January 2024 | 129,608 /yr |
7003, Ocean Heights Tower in numbers
- Sold twice: first on 30 December 2009 for AED 5,181,600, last on 14 April 2011 for AED 5,181,600 (AED 3,426 per sqft).
- Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 138,000 to AED 92,500 in 2021 and recovered to AED 125,000 by November 2023.
- At AED 125,000 a year the gross yield on the 2011 price is 2.4%, before a service charge of about AED 24,700 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 15 November 2023.
Questions about 7003, Ocean Heights Tower
What did unit 7003 last sell for?
AED 5,181,600 on 14 April 2011: AED 3,426 per sqft for 1,512 sqft. The unit has 2 registered sales; the first was AED 5,181,600 in December 2009.
What is the rent for unit 7003?
AED 125,000 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 125,000; the unit has been rented since September 2012.
How big is unit 7003?
1,512 sqft (140.5 sqm): a two-bedroom apartment on the 70th floor of a 80-storey tower completed in 2010.
What is unit 7003 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 7003, Ocean Heights Tower
Starts from the last sale price (AED 5.18M, 14 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 5,181,600
- Deposit, UAE resident (20%)
- AED 1,036,320
- Deposit, non-resident (40%)
- AED 2,072,640
- Monthly over 25 years at 3.7%
- AED 21,200
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →