1-bed · 926 sqftOcean Heights Tower, Dubai Marina · 72nd floor · completed 2010

7205, Ocean Heights Tower

Sold prices and rental history: sold once, by the developer in September 2012, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7205 · DLD and Ejari recordsUpdated 15 October 2022
Last soldAED 1.48M11 September 2012
Current rentAED 100K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7205, Ocean Heights Tower

What is 7205 worth today?

Last sold for AED 1,481,600 in 2012

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15 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 108 per sqft
20 Sep 2019RentedNew contract
AED 78,000/yr12 months · AED 84 per sqft
11 Sep 2012Sold by developerReady
AED 1,481,600AED 1,599 per sqft

Source: Dubai Land Department. Updated 15 October 2022.

Key facts

Type
1-bed apartment
Size
926 sqft
Floor
72nd of 80
Parking
P1-13
Developer
DAMAC
Completed
2010
Service charge
AED 15,100 /yr
Last sold
AED 1.48M · September 2012

About 7205, Ocean Heights Tower

7205 is a one-bedroom apartment of 926 sqft on the 72nd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. The developer sold it on 11 September 2012 for AED 1,481,600, or AED 1,599 per sqft, 30% above the AED 1,232 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 October 2022, is AED 100,000 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 15,100 a year.

Sales and rents for 7205 over time

Sales
Unit 7205, 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, September 2012: AED 1,481,600 (AED 1,599 per sqft)

7205 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7205, 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 90,000New contract, September 2019: AED 78,000 a yearNew contract, October 2022: AED 100,000 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 7205 sits

All 288 1-beds →

7205 last sold in September 2012 at AED 1,599 per sqft, 30% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,232). 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. 7205's AED 100,000 is in the lower 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 72nd floor

All 581 units in Ocean Heights Tower
Value
72011-bedAED 2.8M · Aug 2026
72022-bedAED 2.22M · Apr 2011
72032-bedAED 3.45M · Jul 2011
72041-bedAED 2.51M · May 2011
72062-bedAED 2M · Apr 2017
72072-bedAED 5M · May 2011
72081-bedAED 1.48M · Nov 2011

7205, Ocean Heights Tower in numbers

  • Sold once: by DAMAC on 11 September 2012 for AED 1,481,600, or AED 1,599 per sqft.
  • Rented since September 2019 on 2 Ejari contracts, from AED 78,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2012 price is 6.8%, before a service charge of about AED 15,100 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 15 October 2022.

Questions about 7205, Ocean Heights Tower

What did unit 7205 last sell for?

AED 1,481,600 on 11 September 2012, sold by the developer: AED 1,599 per sqft for 926 sqft. It is the only registered sale of the unit.

What is the rent for unit 7205?

AED 100,000 a year on the contract signed on 15 October 2022. The previous contract, from September 2019, was AED 78,000.

How big is unit 7205?

926 sqft (86.0 sqm): a one-bedroom apartment on the 72nd floor of a 80-storey tower completed in 2010.

What is unit 7205 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 7205, Ocean Heights Tower

Starts from the last sale price (AED 1.48M, 11 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,481,600
Deposit, UAE resident (20%)
AED 296,320
Deposit, non-resident (40%)
AED 592,640
Monthly over 25 years at 3.7%
AED 6,062

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