7308, Ocean Heights Tower
Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7308, Ocean Heights Tower
What is 7308 worth today?
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Source: Dubai Land Department. Updated 1 July 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,069 sqft
- Floor
- 73rd of 80
- Parking
- P1-17
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.1M · July 2021
- Building
- Ocean Heights Tower
About 7308, Ocean Heights Tower
7308 is a one-bedroom apartment of 1,069 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 1 July 2021 for AED 1,100,000, or AED 1,029 per sqft, 12% above the AED 915 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 17 February 2019, is AED 77,882 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 17,400 a year.
Sales and rents for 7308 over time
7308 has sold 3 times; 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 7308 sits
All 288 1-beds →7308 last sold in July 2021 at AED 1,029 per sqft, 12% above what one-beds in Ocean Heights Tower were fetching at the time (AED 915). 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. 7308's AED 77,882 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 73rd floor
All 581 units in Ocean Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7301 | 1-bed | 1,410 sqft | AED 2.4MAED 2,400,000 · Oct 2014October 2014 | 175,000 /yr | |
| 7302 | 2-bed | 1,391 sqft | AED 3.81MAED 3,807,440 · Dec 2011December 2011 | 140,000 /yr | |
| 7303 | 2-bed | 1,532 sqft | AED 3.47MAED 3,474,000 · Aug 2011August 2011 | 135,000 /yr | |
| 7304 | 1-bed | 919 sqft | AED 3.58MAED 3,579,000 · May 2011May 2011 | 85,000 /yr | |
| 7305 | 1-bed | 928 sqft | AED 1.85MAED 1,850,000 · Mar 2026March 2026 | 60,500 /yr | |
| 7306 | 2-bed | 1,488 sqft | AED 4.64MAED 4,640,700 · Apr 2011April 2011 | 105,000 /yr |
7308, Ocean Heights Tower in numbers
- Sold 3 times: first on 30 December 2009 for AED 3,061,753, last on 1 July 2021 for AED 1,100,000 (AED 1,029 per sqft).
- Rented since March 2014 on 4 Ejari contracts, from AED 115,000 to AED 77,882 a year.
- At AED 77,882 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 17,400 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 1 July 2021.
Questions about 7308, Ocean Heights Tower
What did unit 7308 last sell for?
AED 1,100,000 on 1 July 2021: AED 1,029 per sqft for 1,069 sqft. The unit has 3 registered sales; the first was AED 3,061,753 in December 2009.
What is the rent for unit 7308?
AED 77,882 a year on the contract signed on 17 February 2019. The previous contract, from March 2017, was AED 110,000; the unit has been rented since March 2014.
How big is unit 7308?
1,069 sqft (99.3 sqm): a one-bedroom apartment on the 73rd floor of a 80-storey tower completed in 2010.
What is unit 7308 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 7308, Ocean Heights Tower
Starts from the last sale price (AED 1.1M, 1 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →