1-bed · 919 sqftOcean Heights Tower, Dubai Marina · 73rd floor · completed 2010

7304, Ocean Heights Tower

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7304 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 3.58M8 May 2011
Current rentAED 85K /yr17 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7304, Ocean Heights Tower

What is 7304 worth today?

Last sold for AED 3,579,000 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Dec 2024RentedNew contract
AED 85,000/yr36 months · AED 92 per sqft
17 Dec 2024RentedNew contract
AED 85,000/yr36 months · AED 92 per sqft
1 Jan 2022RentedNew contract
AED 75,000/yr36 months · AED 82 per sqft
20 Jan 2016RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
8 May 2011SoldReady
AED 3,579,000AED 3,894 per sqft
5 Nov 2009Sold by developerOff-plan
AED 3,579,000AED 3,894 per sqft

Source: Dubai Land Department. Updated 17 December 2024.

Key facts

Type
1-bed apartment
Size
919 sqft
Floor
73rd of 80
Parking
P1-15
Developer
DAMAC
Completed
2010
Service charge
AED 15,000 /yr
Last sold
AED 3.58M · May 2011

About 7304, Ocean Heights Tower

7304 is a one-bedroom apartment of 919 sqft on the 73rd floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. It last sold on 8 May 2011 for AED 3,579,000, or AED 3,894 per sqft, 199% above the AED 1,301 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 17 December 2024, is AED 85,000 a year: a gross yield of 2.4% on the 2011 price, before the service charge of about AED 15,000 a year.

Sales and rents for 7304 over time

Sales
Unit 7304, each saleTypical one-bed in Ocean Heights Tower
2M4M2009201420192024Typical 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, November 2009: AED 3,579,000 (AED 3,894 per sqft)Sold, May 2011: AED 3,579,000 (AED 3,894 per sqft)

7304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7304, 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, January 2016: AED 70,000 a yearNew contract, January 2022: AED 75,000 a yearNew contract, December 2024: AED 85,000 a yearNew contract, December 2024: AED 85,000 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 7304 sits

All 288 1-beds →

7304 last sold in May 2011 at AED 3,894 per sqft, 199% above 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. 7304's AED 85,000 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 73rd floor

All 581 units in Ocean Heights Tower
Value
73011-bedAED 2.4M · Oct 2014
73022-bedAED 3.81M · Dec 2011
73032-bedAED 3.47M · Aug 2011
73051-bedAED 1.85M · Mar 2026
73062-bedAED 4.64M · Apr 2011
73081-bedAED 1.1M · Jul 2021

7304, Ocean Heights Tower in numbers

  • Sold twice: first on 5 November 2009 for AED 3,579,000, last on 8 May 2011 for AED 3,579,000 (AED 3,894 per sqft).
  • Rented since January 2016 on 4 Ejari contracts, from AED 70,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2011 price is 2.4%, before a service charge of about AED 15,000 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 December 2024.

Questions about 7304, Ocean Heights Tower

What did unit 7304 last sell for?

AED 3,579,000 on 8 May 2011: AED 3,894 per sqft for 919 sqft. The unit has 2 registered sales; the first was AED 3,579,000 in November 2009.

What is the rent for unit 7304?

AED 85,000 a year on the contract signed on 17 December 2024. The previous contract, from December 2024, was AED 85,000; the unit has been rented since January 2016.

How big is unit 7304?

919 sqft (85.4 sqm): a one-bedroom apartment on the 73rd floor of a 80-storey tower completed in 2010.

What is unit 7304 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.

Selling 7304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 7304, Ocean Heights Tower

Starts from the last sale price (AED 3.58M, 8 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,579,000
Deposit, UAE resident (20%)
AED 715,800
Deposit, non-resident (40%)
AED 1,431,600
Monthly over 25 years at 3.7%
AED 14,643

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