7501, Ocean Heights Tower
Sold prices and rental history: sold once, by the developer in November 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7501, Ocean Heights Tower
What is 7501 worth today?
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Source: Dubai Land Department. Updated 27 December 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 1,386 sqft
- Floor
- 75th of 80
- Parking
- P1-48
- Developer
- DAMAC
- Completed
- 2010
- Service charge
- AED 22,600 /yr
- Last sold
- AED 2.22M · November 2011
- Building
- Ocean Heights Tower
About 7501, Ocean Heights Tower
7501 is a one-bedroom apartment of 1,386 sqft on the 75th floor of Ocean Heights Tower, a 80-storey tower in Dubai Marina completed in 2010 by DAMAC. The developer sold it on 24 November 2011 for AED 2,217,600, or AED 1,600 per sqft, 26% above the AED 1,266 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 27 December 2018, is AED 150,000 a year: a gross yield of 6.8% on the 2011 price, before the service charge of about AED 22,600 a year.
Sales and rents for 7501 over time
7501 has sold once; 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 7501 sits
All 288 1-beds →7501 last sold in November 2011 at AED 1,600 per sqft, 26% above what one-beds in Ocean Heights Tower were fetching at the time (AED 1,266). 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. 7501's AED 150,000 is in the upper 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 75th floor
All 581 units in Ocean Heights Tower7501, Ocean Heights Tower in numbers
- Sold once: by DAMAC on 24 November 2011 for AED 2,217,600, or AED 1,600 per sqft.
- Rented since October 2016 on 4 Ejari contracts. The rent fell from AED 170,000 to AED 130,000 in 2017 and recovered to AED 150,000 by December 2018.
- At AED 150,000 a year the gross yield on the 2011 price is 6.8%, before a service charge of about AED 22,600 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 27 December 2018.
Questions about 7501, Ocean Heights Tower
What did unit 7501 last sell for?
AED 2,217,600 on 24 November 2011, sold by the developer: AED 1,600 per sqft for 1,386 sqft. It is the only registered sale of the unit.
What is the rent for unit 7501?
AED 150,000 a year on the contract renewed on 27 December 2018. The previous contract, from December 2017, was AED 130,000; the unit has been rented since October 2016.
How big is unit 7501?
1,386 sqft (128.8 sqm): a one-bedroom apartment on the 75th floor of a 80-storey tower completed in 2010.
What is unit 7501 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 7501, Ocean Heights Tower
Starts from the last sale price (AED 2.22M, 24 November 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,217,600
- Deposit, UAE resident (20%)
- AED 443,520
- Deposit, non-resident (40%)
- AED 887,040
- Monthly over 25 years at 3.7%
- AED 9,073
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →