703, Ocean Heights Tower
Sold prices and rental history: sold 4 times, last in June 2022, 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 703, Ocean Heights Tower
What is 703 worth today?
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Source: Dubai Land Department. Updated 29 June 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,030 sqft
- Floor
- 7th of 80
- Parking
- B1-45
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 16,800 /yr
- Last sold
- AED 1.25M · June 2022
- Building
- Ocean Heights Tower
About 703, Ocean Heights Tower
703 is a one-bedroom apartment of 1,030 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 June 2022 for AED 1,250,000, or AED 1,213 per sqft, 18% above the AED 1,029 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 September 2020, is AED 60,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 16,800 a year.
Sales and rents for 703 over time
703 has sold 4 times; 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 703 sits
All 288 1-beds →703 last sold in June 2022 at AED 1,213 per sqft, 18% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,029). 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. 703's AED 60,000 is at the bottom 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 7th floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,825 sqft | AED 2.9MAED 2,895,000 · May 2011May 2011 | 140,000 /yr | |
| 702 | 1-bed | 1,116 sqft | AED 1.41MAED 1,410,000 · Sep 2025September 2025 | 94,000 /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 |
703, Ocean Heights Tower in numbers
- Sold 4 times: first on 8 July 2009 for AED 1,371,000, last on 29 June 2022 for AED 1,250,000 (AED 1,213 per sqft).
- Rented since June 2013 on 7 Ejari contracts, from AED 75,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 16,800 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 29 June 2022.
Questions about 703, Ocean Heights Tower
What did unit 703 last sell for?
AED 1,250,000 on 29 June 2022: AED 1,213 per sqft for 1,030 sqft. The unit has 4 registered sales; the first was AED 1,371,000 in July 2009.
What is the rent for unit 703?
AED 60,000 a year on the contract signed on 1 September 2020. The previous contract, from April 2019, was AED 75,000; the unit has been rented since June 2013.
How big is unit 703?
1,030 sqft (95.7 sqm): a one-bedroom apartment on the 7th floor of a 80-storey tower completed in 2010.
What is unit 703 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 703, Ocean Heights Tower
Starts from the last sale price (AED 1.25M, 29 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →