704, Ocean Heights Tower
Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Ocean Heights Tower
What is 704 worth today?
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Source: Dubai Land Department. Updated 17 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,200 sqft
- Floor
- 7th of 80
- Parking
- B1-46
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 19,600 /yr
- Last sold
- AED 1.15M · May 2011
- Building
- Ocean Heights Tower
About 704, Ocean Heights Tower
704 is a one-bedroom apartment of 1,200 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 25 May 2011 for AED 1,151,000, or AED 959 per sqft, 26% below the AED 1,301 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 17 May 2026, is AED 95,000 a year: a gross yield of 8.3% on the 2011 price, before the service charge of about AED 19,600 a year.
Sales and rents for 704 over time
704 has sold twice; 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 704 sits
All 288 1-beds →704 last sold in May 2011 at AED 959 per sqft, 26% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,301). 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. 704's AED 95,000 is in the lower half 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 | |
| 703 | 1-bed | 1,030 sqft | AED 1.25MAED 1,250,000 · Jun 2022June 2022 | 60,000 /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 |
704, Ocean Heights Tower in numbers
- Sold twice: first on 3 June 2009 for AED 1,151,000, last on 25 May 2011 for AED 1,151,000 (AED 959 per sqft).
- Rented since November 2018 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2022 and recovered to AED 95,000 by May 2026.
- At AED 95,000 a year the gross yield on the 2011 price is 8.3%, before a service charge of about AED 19,600 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 17 May 2026.
Questions about 704, Ocean Heights Tower
What did unit 704 last sell for?
AED 1,151,000 on 25 May 2011: AED 959 per sqft for 1,200 sqft. The unit has 2 registered sales; the first was AED 1,151,000 in June 2009.
What is the rent for unit 704?
AED 95,000 a year on the contract renewed on 17 May 2026. The previous contract, from May 2025, was AED 100,000; the unit has been rented since November 2018.
How big is unit 704?
1,200 sqft (111.5 sqm): a one-bedroom apartment on the 7th floor of a 80-storey tower completed in 2010.
What is unit 704 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 704, Ocean Heights Tower
Starts from the last sale price (AED 1.15M, 25 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,151,000
- Deposit, UAE resident (20%)
- AED 230,200
- Deposit, non-resident (40%)
- AED 460,400
- Monthly over 25 years at 3.7%
- AED 4,709
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →