701, Ocean Heights Tower
Sold prices and rental history: sold twice, last in May 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 701, Ocean Heights Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 21 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,825 sqft
- Floor
- 7th of 80
- Parking
- B2-75
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 29,800 /yr
- Last sold
- AED 2.9M · May 2011
- Building
- Ocean Heights Tower
About 701, Ocean Heights Tower
701 is a two-bedroom apartment of 1,825 sqft on the 7th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 29 May 2011 for AED 2,895,000, or AED 1,586 per sqft, 16% above the AED 1,371 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 21 July 2026, is AED 140,000 a year: a gross yield of 4.8% on the 2011 price, before the service charge of about AED 29,800 a year.
Sales and rents for 701 over time
701 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 701 sits
All 203 2-beds →701 last sold in May 2011 at AED 1,586 per sqft, 16% above what two-beds in Ocean Heights Tower were fetching at the time (AED 1,371). 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. 701's AED 140,000 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 7th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 1,116 sqft | AED 1.41MAED 1,410,000 · Sep 2025September 2025 | 94,000 /yr | |
| 703 | 1-bed | 1,030 sqft | AED 1.25MAED 1,250,000 · Jun 2022June 2022 | 60,000 /yr | |
| 704 | 1-bed | 1,200 sqft | AED 1.15MAED 1,151,000 · May 2011May 2011 | 95,000 /yr | |
| 705 | 1-bed | 878 sqft | AED 700KAED 700,000 · Sep 2020September 2020 | 95,000 /yr | |
| 706 | 1-bed | 878 sqft | AED 1MAED 1,000,000 · Jan 2018January 2018 | ||
| 707 | 2-bed | 1,262 sqft | AED 1.5MAED 1,500,000 · May 2024May 2024 | 110,000 /yr | |
| 708 | 2-bed | 1,476 sqft | AED 1.72MAED 1,715,000 · Jul 2024July 2024 | 110,000 /yr | |
| 709 | 2-bed | 1,620 sqft | AED 2.8MAED 2,800,000 · Jun 2016June 2016 | 120,750 /yr | |
| 710 | 2-bed | 835 sqft | AED 2.41MAED 2,406,000 · Oct 2013October 2013 | 120,062 /yr |
701, Ocean Heights Tower in numbers
- Sold twice: first on 8 July 2009 for AED 2,895,000, last on 29 May 2011 for AED 2,895,000 (AED 1,586 per sqft).
- Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 121,101 to AED 90,000 in 2021 and recovered to AED 140,000 by July 2026.
- At AED 140,000 a year the gross yield on the 2011 price is 4.8%, before a service charge of about AED 29,800 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 21 July 2026.
Questions about 701, Ocean Heights Tower
What did unit 701 last sell for?
AED 2,895,000 on 29 May 2011: AED 1,586 per sqft for 1,825 sqft. The unit has 2 registered sales; the first was AED 2,895,000 in July 2009.
What is the rent for unit 701?
AED 140,000 a year on the contract renewed on 21 July 2026. The previous contract, from August 2025, was AED 140,000; the unit has been rented since August 2013.
How big is unit 701?
1,825 sqft (169.5 sqm): a two-bedroom apartment on the 7th floor of a 80-storey tower completed in 2010.
What is unit 701 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 701, Ocean Heights Tower
Starts from the last sale price (AED 2.9M, 29 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,895,000
- Deposit, UAE resident (20%)
- AED 579,000
- Deposit, non-resident (40%)
- AED 1,158,000
- Monthly over 25 years at 3.7%
- AED 11,844
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →