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1-bed · 878 sqftOcean Heights Tower, Dubai Marina · 7th floor · completed 2010

706, Ocean Heights Tower

Sold prices and rental history: sold 4 times, last in January 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 14 January 2018
Last soldAED 1M14 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Ocean Heights Tower

What is 706 worth today?

Last sold for AED 1,000,000 in 2018

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14 Jan 2018SoldReady
AED 1,000,000AED 1,138 per sqft
18 Apr 2016SoldReady
AED 1,050,000AED 1,195 per sqft
2 Aug 2011SoldReady
AED 870,000AED 990 per sqft
8 Jul 2009Sold by developerOff-plan
AED 870,000AED 990 per sqft

Source: Dubai Land Department. Updated 14 January 2018.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
7th of 80
Parking
nan
Developer
DAMAC
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 1M · January 2018
Building
Ocean Heights Tower

About 706, Ocean Heights Tower

706 is a one-bedroom apartment of 878 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 14 January 2018 for AED 1,000,000, or AED 1,138 per sqft, 13% below the AED 1,314 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, 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 870,000 (AED 990 per sqft)Sold, August 2011: AED 870,000 (AED 990 per sqft)Sold, April 2016: AED 1,050,000 (AED 1,195 per sqft)Sold, January 2018: AED 1,000,000 (AED 1,138 per sqft)

706 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, 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 90,000

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 706 sits

All 288 1-beds →

706 last sold in January 2018 at AED 1,138 per sqft, 13% below what one-beds in Ocean Heights Tower were fetching at the time (AED 1,314). 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.

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 7th floor

All 581 units in Ocean Heights Tower
Value
7012-bedAED 2.9M · May 2011
7021-bedAED 1.41M · Sep 2025
7031-bedAED 1.25M · Jun 2022
7041-bedAED 1.15M · May 2011
7051-bedAED 700K · Sep 2020
7072-bedAED 1.5M · May 2024
7082-bedAED 1.72M · Jul 2024
1–7 of 9

706, Ocean Heights Tower in numbers

  • Sold 4 times: first on 8 July 2009 for AED 870,000, last on 14 January 2018 for AED 1,000,000 (AED 1,138 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 14 January 2018.

Questions about 706, Ocean Heights Tower

What did unit 706 last sell for?

AED 1,000,000 on 14 January 2018: AED 1,138 per sqft for 878 sqft. The unit has 4 registered sales; the first was AED 870,000 in July 2009.

How big is unit 706?

878 sqft (81.6 sqm): a one-bedroom apartment on the 7th floor of a 80-storey tower completed in 2010.

What is unit 706 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 706, Ocean Heights Tower

Starts from the last sale price (AED 1M, 14 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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