1-bed · 1,432 sqftOcean Heights Tower, Dubai Marina · 71st floor · completed 2010

7101, Ocean Heights Tower

Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7101 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 2.29M9 February 2012
Current rentAED 150K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7101, Ocean Heights Tower

What is 7101 worth today?

Last sold for AED 2,292,800 in 2012

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20 Feb 2024RentedRenewal
AED 150,000/yr12 months · AED 105 per sqft
20 Feb 2024RentedRenewal
AED 150,000/yr12 months · AED 105 per sqft
20 Feb 2023RentedNew contract
AED 150,000/yr12 months · AED 105 per sqft
12 Jan 2022RentedNew contract
AED 150,000/yr13 months · AED 105 per sqft
9 Feb 2012Sold by developerReady
AED 2,292,800AED 1,601 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
1-bed apartment
Size
1,432 sqft
Floor
71st of 80
Parking
P2-86
Developer
DAMAC
Completed
2010
Service charge
AED 23,400 /yr
Last sold
AED 2.29M · February 2012

About 7101, Ocean Heights Tower

7101 is a one-bedroom apartment of 1,432 sqft on the 71st floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. The developer sold it on 9 February 2012 for AED 2,292,800, or AED 1,601 per sqft, 27% above the AED 1,258 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 20 February 2024, is AED 150,000 a year: a gross yield of 6.5% on the 2012 price, before the service charge of about AED 23,400 a year.

Sales and rents for 7101 over time

Sales
Unit 7101, each saleTypical one-bed in Ocean Heights Tower
1M2M2009201420192024Typical 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, February 2012: AED 2,292,800 (AED 1,601 per sqft)

7101 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7101, each contractTypical one-bed in Ocean Heights Tower
50K100K150K2012201620202024Typical 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 90,000New contract, January 2022: AED 150,000 a yearNew contract, February 2023: AED 150,000 a yearRenewal, February 2024: AED 150,000 a yearRenewal, February 2024: AED 150,000 a year

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 7101 sits

All 288 1-beds →

7101 last sold in February 2012 at AED 1,601 per sqft, 27% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,258). 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. 7101's AED 150,000 is in the upper half of that range.

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 71st floor

All 581 units in Ocean Heights Tower
Value
71021-bedAED 1.8M · May 2018
71032-bedAED 4.82M · Apr 2011
71041-bedAED 2.78M · Jul 2011
71051-bedAED 2.8M · Jul 2011
71062-bedAED 3.83M · May 2011
71072-bedAED 5.81M · Aug 2011
71081-bedAED 3.21M · Jul 2011

7101, Ocean Heights Tower in numbers

  • Sold once: by DAMAC on 9 February 2012 for AED 2,292,800, or AED 1,601 per sqft.
  • Rented since January 2022 on 4 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2012 price is 6.5%, before a service charge of about AED 23,400 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 20 February 2024.

Questions about 7101, Ocean Heights Tower

What did unit 7101 last sell for?

AED 2,292,800 on 9 February 2012, sold by the developer: AED 1,601 per sqft for 1,432 sqft. It is the only registered sale of the unit.

What is the rent for unit 7101?

AED 150,000 a year on the contract renewed on 20 February 2024. The previous contract, from February 2024, was AED 150,000; the unit has been rented since January 2022.

How big is unit 7101?

1,432 sqft (133.0 sqm): a one-bedroom apartment on the 71st floor of a 80-storey tower completed in 2010.

What is unit 7101 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 7101, Ocean Heights Tower

Starts from the last sale price (AED 2.29M, 9 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,292,800
Deposit, UAE resident (20%)
AED 458,560
Deposit, non-resident (40%)
AED 917,120
Monthly over 25 years at 3.7%
AED 9,381

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